HS Icon Bran

2302 (Harmonized System 1992 for 4-digit)

World Trade (2018): $2.13B, Rnk 721 / 1225

Top Exporter (2018): $286M, Argentina

Top Importer (2018): $233M, Turkey

Product Complexity (2018): -1.73, Rnk 976 / 1018

Export Growth (CAGR)(2017 - 2018): 26.4%, Rnk 213 / 1225

Mean Tariff (2018): 38.4%, Rnk 8 / 1259

Share of World Trade (2018): 0.012%, Rnk 721 / 1225

Overview:  This page contains the latest trade data of Bran. In 2018, Bran were the world's 721st most traded product, with a total trade of $2.13B. Between 2017 and 2018 the exports of Bran grew by 26.4%, from  $1.69B to $2.13B. Trade in Bran represent 0.012% of total world trade.

Exports: In 2018 the top exporters of Bran  were Argentina ($286M), United States ($187M), Russia ($145M), Germany ($126M), and Indonesia ($92.6M).

Imports: In 2018 the top importers of Bran were Turkey ($233M), Netherlands ($186M), Vietnam ($139M), United Kingdom ($116M), and China ($106M).

Tariffs: In 2018 the average tariff for Bran was 38.4%, been the 8 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Bran are Austria (563%), Iceland (52.7%), Bahamas (40.2%), Latvia (39%), and Tunisia (36%). The countries with the lowest tariffs are Angola (0%), Madagascar (0%), Mauritania (0%), Mauritius (0%), and South Africa (0%).

Ranking: Bran ranks 976th in the Product Complexity Index (PCI).

Exporters and Importers

#permalink to section

Trade By Country

Top Origin (2018): Argentina, $286M

Top Destination (2018): Turkey, $233M

Bran are the world's 721st most traded product.

In 2018, the top exporters of Bran were Argentina ($286M), United States ($187M), Russia ($145M), Germany ($126M), and Indonesia ($92.6M).

In 2018, the top importers of Bran were Turkey ($233M), Netherlands ($186M), Vietnam ($139M), United Kingdom ($116M), and China ($106M).

Explore Visualizations

Market Dynamics

#permalink to section

Trade by country

Value

Top Origin Growth (2017 -  2018): United States, $93.9M

Top Destination Growth (2017 - 2018): Vietnam, $65.6M

Between 2017 and 2018, the exports of Bran grew the fastest in United States ($93.9M), Sudan ($69.7M), Tanzania ($61.9M), Argentina ($30.3M), and Belgium-Luxembourg ($24.9M).

Between 2017 and 2018, the fastest growing importers of Bran were Vietnam ($65.6M), Qatar ($64.1M), Saudi Arabia ($48.7M), United Kingdom ($37.1M), and Netherlands ($30M).

Explore Visualizations

Market Concentration

#permalink to section

Cumulative market share

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

In 2018,  market concentration measured using Shannon Entropy, was 5.24. This means that most of the exports of Bran are explained by 37 countries.

Explore Visualizations

TOP NET EXPORTER (2018): Argentina, $284M

TOP NET IMPORTER (2018): Turkey, $203M

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

In 2018, the countries that had a largest trade value in exports than in imports of Bran were Argentina ($284M), Russia ($139M), United States ($131M), Ukraine ($87.9M), and Indonesia ($87.7M).

In 2018, the countries that had a largest trade value in imports than in exports of Bran were Turkey ($203M), Netherlands ($117M), United Kingdom ($106M), Vietnam ($96.4M), and Ireland ($86.8M).

Trade Forecasts

#permalink to section

This section shows forecasts for total trade for Bran. 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 Bran was 38.4%.  The countries with the highest tariffs for importing Bran were Austria (563%), Iceland (52.7%), Bahamas (40.2%), Latvia (39%), and Tunisia (36%).

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.