HS Icon Yeast

2102 (Harmonized System 1992 for 4-digit)

World Trade (2018): $2.6B, Rnk 664 / 1225

Top Exporter (2018): $295M, China

Top Importer (2018): $319M, United States

Product Complexity (2018): -0.4, Rnk 666 / 1018

Export Growth (CAGR)(2017 - 2018): 8.3%, Rnk 851 / 1225

Mean Tariff (2018): 12.5%, Rnk 296 / 1259

Share of World Trade (2018): 0.014%, Rnk 664 / 1225

Overview:  This page contains the latest trade data of Yeast. In 2018, Yeast were the world's 664th most traded product, with a total trade of $2.6B. Between 2017 and 2018 the exports of Yeast grew by 8.3%, from  $2.4B to $2.6B. Trade in Yeast represent 0.014% of total world trade.

Exports: In 2018 the top exporters of Yeast  were China ($295M), France ($260M), Turkey ($222M), Belgium-Luxembourg ($151M), and Mexico ($136M).

Imports: In 2018 the top importers of Yeast were United States ($319M), France ($120M), United Kingdom ($106M), Germany ($101M), and Belgium-Luxembourg ($78.8M).

Tariffs: In 2018 the average tariff for Yeast was 12.5%, been the 296 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Yeast are Tunisia (36%), Romania (31.8%), Bulgaria (31.2%), Poland (30.6%), and Estonia (30%). The countries with the lowest tariffs are Angola (0%), Mauritania (0%), Mauritius (0%), Hong Kong (0%), and Maldives (0%).

Ranking: Yeast ranks 666th in the Product Complexity Index (PCI).

Exporters and Importers

#permalink to section

Trade By Country

Top Origin (2018): China, $295M

Top Destination (2018): United States, $319M

Yeast are the world's 664th most traded product.

In 2018, the top exporters of Yeast were China ($295M), France ($260M), Turkey ($222M), Belgium-Luxembourg ($151M), and Mexico ($136M).

In 2018, the top importers of Yeast were United States ($319M), France ($120M), United Kingdom ($106M), Germany ($101M), and Belgium-Luxembourg ($78.8M).

Explore Visualizations

Market Dynamics

#permalink to section

Trade by country

Value

Top Origin Growth (2017 -  2018): Russia, $30M

Top Destination Growth (2017 - 2018): Germany, $34.2M

Between 2017 and 2018, the exports of Yeast grew the fastest in Russia ($30M), Belgium-Luxembourg ($24.5M), Denmark ($19.7M), Turkey ($15.9M), and Germany ($15.8M).

Between 2017 and 2018, the fastest growing importers of Yeast were Germany ($34.2M), Netherlands ($22.9M), Saudi Arabia ($20.8M), Spain ($18.7M), and Poland ($15.1M).

Explore Visualizations

Market Concentration

#permalink to section

Cumulative market share

This chart shows the evolution of the market concentration of exports of Yeast.

In 2018,  market concentration measured using Shannon Entropy, was 4.87. This means that most of the exports of Yeast are explained by 29 countries.

Explore Visualizations

TOP NET EXPORTER (2018): China, $272M

TOP NET IMPORTER (2018): United States, $197M

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

In 2018, the countries that had a largest trade value in exports than in imports of Yeast were China ($272M), Turkey ($203M), France ($140M), Mexico ($108M), and Belgium-Luxembourg ($71.8M).

In 2018, the countries that had a largest trade value in imports than in exports of Yeast were United States ($197M), Japan ($47M), Sudan ($42.7M), Saudi Arabia ($41.8M), and Algeria ($36.3M).

Trade Forecasts

#permalink to section

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

Explore Forecasts

Import Tariffs

#permalink to section

In 2018, the average tariff for importing Yeast was 12.5%.  The countries with the highest tariffs for importing Yeast were Tunisia (36%), Romania (31.8%), Bulgaria (31.2%), Poland (30.6%), and Estonia (30%).

Explore Tariff Data

Product Complexity

#permalink to section

Diversification Frontier

#permalink to section
Filter

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.