HS Icon Pesticides

3808 (Harmonized System 1992 for 4-digit)

World Trade (2018): $36.5B, Rnk 99 / 1225

Top Exporter (2018): $5.55B, China

Top Importer (2018): $3.04B, Brazil

Product Complexity (2018): 0.015, Rnk 542 / 1018

Export Growth (CAGR)(2017 - 2018): 8.46%, Rnk 845 / 1225

Mean Tariff (2018): 5.82%, Rnk 725 / 1259

Share of World Trade (2018): 0.2%, Rnk 99 / 1225

Overview:  This page contains the latest trade data of Pesticides. In 2018, Pesticides were the world's 99th most traded product, with a total trade of $36.5B. Between 2017 and 2018 the exports of Pesticides grew by 8.46%, from  $33.7B to $36.5B. Trade in Pesticides represent 0.2% of total world trade.

Exports: In 2018 the top exporters of Pesticides  were China ($5.55B), Germany ($4.38B), United States ($4.19B), France ($3.71B), and India ($2.36B).

Imports: In 2018 the top importers of Pesticides were Brazil ($3.04B), France ($2.15B), Germany ($1.74B), United States ($1.72B), and Canada ($1.66B).

Tariffs: In 2018 the average tariff for Pesticides was 5.82%, been the 725 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Pesticides are Algeria (18.3%), Syria (18%), Iran (16%), Bangladesh (14.3%), and Bahamas (13.1%). The countries with the lowest tariffs are Angola (0%), Madagascar (0%), Mauritius (0%), Hong Kong (0%), and Singapore (0%).

Ranking: Pesticides ranks 542nd in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): China, $5.55B

Top Destination (2018): Brazil, $3.04B

Pesticides are the world's 99th most traded product.

In 2018, the top exporters of Pesticides were China ($5.55B), Germany ($4.38B), United States ($4.19B), France ($3.71B), and India ($2.36B).

In 2018, the top importers of Pesticides were Brazil ($3.04B), France ($2.15B), Germany ($1.74B), United States ($1.72B), and Canada ($1.66B).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): India, $862M

Top Destination Growth (2017 - 2018): United States, $605M

Between 2017 and 2018, the exports of Pesticides grew the fastest in India ($862M), United States ($439M), China ($427M), South Korea ($159M), and Germany ($124M).

Between 2017 and 2018, the fastest growing importers of Pesticides were United States ($605M), Brazil ($525M), Canada ($254M), France ($186M), and Germany ($150M).

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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 Pesticides.

In 2018,  market concentration measured using Shannon Entropy, was 4.48. This means that most of the exports of Pesticides are explained by 22 countries.

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TOP NET EXPORTER (2018): China, $4.77B

TOP NET IMPORTER (2018): Brazil, $2.73B

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

In 2018, the countries that had a largest trade value in exports than in imports of Pesticides were China ($4.77B), Germany ($2.64B), United States ($2.46B), India ($1.83B), and France ($1.55B).

In 2018, the countries that had a largest trade value in imports than in exports of Pesticides were Brazil ($2.73B), Canada ($1.54B), Ukraine ($892M), Russia ($632M), and Vietnam ($604M).

Trade Forecasts

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This section shows forecasts for total trade for Pesticides. 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 Pesticides was 5.82%.  The countries with the highest tariffs for importing Pesticides were Algeria (18.3%), Syria (18%), Iran (16%), Bangladesh (14.3%), and Bahamas (13.1%).

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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.