HS Icon Fruit Juice

2009 (Harmonized System 1992 for 4-digit)

World Trade (2018): $16.1B, Rnk 226 / 1225

Top Exporter (2018): $2.5B, Brazil

Top Importer (2018): $2.37B, United States

Product Complexity (2018): -1.13, Rnk 848 / 1018

Export Growth (CAGR)(2017 - 2018): 10.4%, Rnk 757 / 1225

Mean Tariff (2018): 22.5%, Rnk 85 / 1259

Share of World Trade (2018): 0.088%, Rnk 226 / 1225

Overview:  This page contains the latest trade data of Fruit Juice. In 2018, Fruit Juice were the world's 226th most traded product, with a total trade of $16.1B. Between 2017 and 2018 the exports of Fruit Juice grew by 10.4%, from  $14.6B to $16.1B. Trade in Fruit Juice represent 0.088% of total world trade.

Exports: In 2018 the top exporters of Fruit Juice  were Brazil ($2.5B), Netherlands ($1.55B), Germany ($1.05B), Spain ($935M), and United States ($890M).

Imports: In 2018 the top importers of Fruit Juice were United States ($2.37B), Netherlands ($1.74B), Germany ($1.48B), France ($1.24B), and United Kingdom ($1.03B).

Tariffs: In 2018 the average tariff for Fruit Juice was 22.5%, been the 85 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Fruit Juice are Cyprus (64.9%), Iran (63.9%), Angola (60%), Turkey (58.2%), and Belize (51.7%). The countries with the lowest tariffs are Mauritius (0%), Hong Kong (0%), Singapore (0%), Switzerland (0%), and Norway (0%).

Ranking: Fruit Juice ranks 848th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): Brazil, $2.5B

Top Destination (2018): United States, $2.37B

Fruit Juice are the world's 226th most traded product.

In 2018, the top exporters of Fruit Juice were Brazil ($2.5B), Netherlands ($1.55B), Germany ($1.05B), Spain ($935M), and United States ($890M).

In 2018, the top importers of Fruit Juice were United States ($2.37B), Netherlands ($1.74B), Germany ($1.48B), France ($1.24B), and United Kingdom ($1.03B).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Netherlands, $285M

Top Destination Growth (2017 - 2018): United States, $314M

Between 2017 and 2018, the exports of Fruit Juice grew the fastest in Netherlands ($285M), Saudi Arabia ($210M), Thailand ($201M), Poland ($167M), and Belgium-Luxembourg ($154M).

Between 2017 and 2018, the fastest growing importers of Fruit Juice were United States ($314M), Netherlands ($310M), Germany ($224M), Japan ($113M), and United Arab Emirates ($106M).

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Market Concentration

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Cumulative market share

This chart shows the evolution of the market concentration of exports of Fruit Juice.

In 2018,  market concentration measured using Shannon Entropy, was 4.83. This means that most of the exports of Fruit Juice are explained by 28 countries.

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TOP NET EXPORTER (2018): Brazil, $2.48B

TOP NET IMPORTER (2018): United States, $1.48B

This map shows which countries export or import more of Fruit Juice. Each country is colored based on the difference in exports and imports of Fruit Juice during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Fruit Juice were Brazil ($2.48B), Spain ($663M), Mexico ($557M), China ($471M), and Argentina ($416M).

In 2018, the countries that had a largest trade value in imports than in exports of Fruit Juice were United States ($1.48B), France ($1B), United Kingdom ($887M), Japan ($705M), and Canada ($478M).

Trade Forecasts

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This section shows forecasts for total trade for Fruit Juice. The forecast is based in a long short-term memory model or LSTM constructed using yearly trade data.

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Import Tariffs

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In 2018, the average tariff for importing Fruit Juice was 22.5%.  The countries with the highest tariffs for importing Fruit Juice were Cyprus (64.9%), Iran (63.9%), Angola (60%), Turkey (58.2%), and Belize (51.7%).

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Product Complexity

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Diversification Frontier

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The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.