HS Icon Tobacco refuse

240130 (Harmonized System 1992 for 6-digit)

World Trade (2018): $310M, Rnk 3262 / 4726

Top Exporter (2018): $47.4M, Brazil

Top Importer (2018): $39.2M, Belgium-Luxembourg

Export Growth (CAGR)(2017 - 2018): 1.06%, Rnk 3745 / 4726

Mean Tariff (2018): 35.1%, Rnk 53 / 6538

Share of World Trade (2018): 0.0017%, Rnk 3262 / 4726

Overview:  This page contains the latest trade data of Tobacco refuse. In 2018, Tobacco refuse were the world's 3262nd most traded product, with a total trade of $310M. Between 2017 and 2018 the exports of Tobacco refuse grew by 1.06%, from  $306M to $310M. Trade in Tobacco refuse represent 0.0017% of total world trade.

Exports: In 2018 the top exporters of Tobacco refuse  were Brazil ($47.4M), Belgium-Luxembourg ($36.4M), United States ($28M), Malawi ($27.8M), and China ($23.6M).

Imports: In 2018 the top importers of Tobacco refuse were Belgium-Luxembourg ($39.2M), France ($36.8M), Poland ($28.1M), Russia ($18M), and Germany ($15.5M).

Tariffs: In 2018 the average tariff for Tobacco refuse was 35.1%, been the 53 lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Tobacco refuse are Malaysia (1.33k%), Saudi Arabia (1.26k%), Maldives (195%), Cyprus (173%), and Poland (105%). The countries with the lowest tariffs are Egypt (0%), South Africa (0%), Hong Kong (0%), Japan (0%), and Lebanon (0%).

Exporters and Importers

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Trade By Country

Top Origin (2018): Brazil, $47.4M

Top Destination (2018): Belgium-Luxembourg, $39.2M

Tobacco refuse are the world's 3262nd most traded product.

In 2018, the top exporters of Tobacco refuse were Brazil ($47.4M), Belgium-Luxembourg ($36.4M), United States ($28M), Malawi ($27.8M), and China ($23.6M).

In 2018, the top importers of Tobacco refuse were Belgium-Luxembourg ($39.2M), France ($36.8M), Poland ($28.1M), Russia ($18M), and Germany ($15.5M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Belgium-Luxembourg, $12.2M

Top Destination Growth (2017 - 2018): France, $14.6M

Between 2017 and 2018, the exports of Tobacco refuse grew the fastest in Belgium-Luxembourg ($12.2M), Malawi ($5.25M), Spain ($3.81M), Philippines ($3.22M), and United States ($2.83M).

Between 2017 and 2018, the fastest growing importers of Tobacco refuse were France ($14.6M), Netherlands ($5.34M), Egypt ($5.15M), Philippines ($4.71M), and Paraguay ($3.14M).

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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 Tobacco refuse.

In 2018,  market concentration measured using Shannon Entropy, was 4.44. This means that most of the exports of Tobacco refuse are explained by 21 countries.

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TOP NET EXPORTER (2018): Brazil, $46.7M

TOP NET IMPORTER (2018): France, $36.3M

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

In 2018, the countries that had a largest trade value in exports than in imports of Tobacco refuse were Brazil ($46.7M), Malawi ($27.8M), China ($22.6M), United States ($18.4M), and Zimbabwe ($18.2M).

In 2018, the countries that had a largest trade value in imports than in exports of Tobacco refuse were France ($36.3M), Poland ($20M), Russia ($16.6M), Germany ($12.5M), and Netherlands ($9.63M).

Trade Forecasts

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This section shows forecasts for total trade for Tobacco refuse. 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 refuse was 35.1%.  The countries with the highest tariffs for importing Tobacco refuse were Malaysia (1.33k%), Saudi Arabia (1.26k%), Maldives (195%), Cyprus (173%), and Poland (105%).

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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.