HS Icon Tobacco, unmanufactured, stemmed or stripped

240120 (Harmonized System 1992 for 6-digit)

World Trade (2018): $8.95B, Rnk 349 / 4726

Top Exporter (2018): $1.83B, Brazil

Top Importer (2018): $1.45B, Belgium-Luxembourg

Product Complexity (2018): -1.87, Rnk 4689 / 4873

Export Growth (CAGR)(2017 - 2018): -1.73%, Rnk 3969 / 4726

Mean Tariff (2018): 12.7%, Rnk 1637 / 6538

Share of World Trade (2018): 0.049%, Rnk 349 / 4726

Overview: In 2018, Tobacco, unmanufactured, stemmed or stripped were the world's 349th most traded product, with a total trade of $8.95B. Between 2017 and 2018 the exports of Tobacco, unmanufactured, stemmed or stripped decreased by -1.73%, from  $9.1B to $8.95B. Trade in Tobacco, unmanufactured, stemmed or stripped represent 0.049% of total world trade.

Exports: In 2018 the top exporters of Tobacco, unmanufactured, stemmed or stripped  were Brazil ($1.83B), United States ($864M), Belgium-Luxembourg ($705M), Malawi ($614M), and India ($581M).

Imports: In 2018 the top importers of Tobacco, unmanufactured, stemmed or stripped were Belgium-Luxembourg ($1.45B), Germany ($683M), China ($566M), Poland ($544M), and Indonesia ($488M).

Tariffs: In 2018 the average tariff for Tobacco, unmanufactured, stemmed or stripped was 12.7%, been the 1637 lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Tobacco, unmanufactured, stemmed or stripped are Maldives (195%), Malaysia (163%), Saudi Arabia (150%), Poland (105%), and Jordan (95.6%). The countries with the lowest tariffs are Egypt (0%), South Africa (0%), Hong Kong (0%), Japan (0%), and Lebanon (0%).

Ranking: Tobacco, unmanufactured, stemmed or stripped ranks 4689th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): Brazil, $1.83B

Top Destination (2018): Belgium-Luxembourg, $1.45B

Tobacco, unmanufactured, stemmed or stripped are the world's 349th most traded product.

In 2018, the top exporters of Tobacco, unmanufactured, stemmed or stripped were Brazil ($1.83B), United States ($864M), Belgium-Luxembourg ($705M), Malawi ($614M), and India ($581M).

In 2018, the top importers of Tobacco, unmanufactured, stemmed or stripped were Belgium-Luxembourg ($1.45B), Germany ($683M), China ($566M), Poland ($544M), and Indonesia ($488M).

Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Belgium-Luxembourg, $374M

Top Destination Growth (2017 - 2018): Belgium-Luxembourg, $384M

Between 2017 and 2018, the exports of Tobacco, unmanufactured, stemmed or stripped grew the fastest in Belgium-Luxembourg ($374M), Malawi ($38.5M), Argentina ($36.1M), Croatia ($30.3M), and South Africa ($25.8M).

Between 2017 and 2018, the fastest growing importers of Tobacco, unmanufactured, stemmed or stripped were Belgium-Luxembourg ($384M), United Arab Emirates ($101M), Poland ($63M), Switzerland ($61.4M), and Egypt ($57.3M).

Market Concentration

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Cumulative market share

This chart shows the evolution of the market concentration of exports of Tobacco, unmanufactured, stemmed or stripped.

In 2018,  market concentration measured using Shannon Entropy, was 4.37. This means that most of the exports of Tobacco, unmanufactured, stemmed or stripped are explained by 20 countries.

TOP NET EXPORTER (2018): Brazil, $1.82B

TOP NET IMPORTER (2018): Belgium-Luxembourg, $742M

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

In 2018, the countries that had a largest trade value in exports than imports of Tobacco, unmanufactured, stemmed or stripped were Brazil ($1.82B), Malawi ($613M), India ($566M), United States ($537M), and Zimbabwe ($410M).

In 2018, the countries that had a largest trade value in imports than exports of Tobacco, unmanufactured, stemmed or stripped were Belgium-Luxembourg ($742M), Poland ($493M), Russia ($364M), Indonesia ($363M), and Turkey ($311M).

Trade Forecasts

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This section shows forecasts for total trade for Tobacco, unmanufactured, stemmed or stripped. 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 Tobacco, unmanufactured, stemmed or stripped was 12.7%.  The countries with the highest tariffs for importing Tobacco, unmanufactured, stemmed or stripped were Maldives (195%), Malaysia (163%), Saudi Arabia (150%), Poland (105%), and Jordan (95.6%).

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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.