HS Icon Coke

2704 (Harmonized System 1992 for 4-digit)

World Trade (2018): $10.6B, Rnk 311 / 1225

Top Exporter (2018): $3.11B, China

Top Importer (2018): $2.48B, India

Product Complexity (2018): -0.75, Rnk 761 / 1018

Export Growth (CAGR)(2017 - 2018): 18%, Rnk 389 / 1225

Mean Tariff (2018): 1.79%, Rnk 1252 / 1259

Share of World Trade (2018): 0.058%, Rnk 311 / 1225

Overview:  This page contains the latest trade data of Coke. In 2018, Coke were the world's 311th most traded product, with a total trade of $10.6B. Between 2017 and 2018 the exports of Coke grew by 18%, from  $8.99B to $10.6B. Trade in Coke represent 0.058% of total world trade.

Exports: In 2018 the top exporters of Coke  were China ($3.11B), Poland ($2.09B), Mozambique ($958M), Colombia ($910M), and Russia ($743M).

Imports: In 2018 the top importers of Coke were India ($2.48B), Germany ($766M), Brazil ($601M), Japan ($545M), and Mexico ($427M).

Tariffs: In 2018 the average tariff for Coke was 1.79%, been the 1252 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Coke are Bermuda (25%), Zambia (13.6%), Panama (12.5%), Cameroon (9.81%), and Gabon (9.81%). The countries with the lowest tariffs are Kenya (0%), Mauritius (0%), Rwanda (0%), Tanzania (0%), and Uganda (0%).

Ranking: Coke ranks 761st in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): China, $3.11B

Top Destination (2018): India, $2.48B

Coke are the world's 311th most traded product.

In 2018, the top exporters of Coke were China ($3.11B), Poland ($2.09B), Mozambique ($958M), Colombia ($910M), and Russia ($743M).

In 2018, the top importers of Coke were India ($2.48B), Germany ($766M), Brazil ($601M), Japan ($545M), and Mexico ($427M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): China, $892M

Top Destination Growth (2017 - 2018): Japan, $203M

Between 2017 and 2018, the exports of Coke grew the fastest in China ($892M), Poland ($433M), Colombia ($324M), Japan ($95.5M), and Russia ($75.3M).

Between 2017 and 2018, the fastest growing importers of Coke were Japan ($203M), Malaysia ($176M), Spain ($150M), Italy ($129M), and Egypt ($109M).

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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 Coke.

In 2018,  market concentration measured using Shannon Entropy, was 3.5. This means that most of the exports of Coke are explained by 11 countries.

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TOP NET EXPORTER (2018): China, $3.09B

TOP NET IMPORTER (2018): India, $2.45B

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

In 2018, the countries that had a largest trade value in exports than in imports of Coke were China ($3.09B), Poland ($2.04B), Mozambique ($958M), Colombia ($910M), and Russia ($687M).

In 2018, the countries that had a largest trade value in imports than in exports of Coke were India ($2.45B), Brazil ($600M), Germany ($463M), Mexico ($416M), and Malaysia ($376M).

Trade Forecasts

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This section shows forecasts for total trade for Coke. 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 Coke was 1.79%.  The countries with the highest tariffs for importing Coke were Bermuda (25%), Zambia (13.6%), Panama (12.5%), Cameroon (9.81%), and Gabon (9.81%).

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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.