HS Icon Beet-pulp, bagasse & other waste of sugar manufacture

230320 (Harmonized System 1992 for 6-digit)

World Trade (2018): $814M, Rnk 2290 / 4726

Top Exporter (2018): $216M, Russia

Top Importer (2018): $91.1M, Belgium-Luxembourg

Product Complexity (2018): -0.024, Rnk 2672 / 4873

Export Growth (CAGR)(2017 - 2018): 79.9%, Rnk 134 / 4726

Mean Tariff (2018): 7.15%, Rnk 3142 / 6538

Share of World Trade (2018): 0.0044%, Rnk 2290 / 4726

Overview:  This page contains the latest trade data of Beet-pulp, bagasse & other waste of sugar manufacture. In 2018, Beet-pulp, bagasse & other waste of sugar manufacture were the world's 2290th most traded product, with a total trade of $814M. Between 2017 and 2018 the exports of Beet-pulp, bagasse & other waste of sugar manufacture grew by 79.9%, from  $453M to $814M. Trade in Beet-pulp, bagasse & other waste of sugar manufacture represent 0.0044% of total world trade.

Exports: In 2018 the top exporters of Beet-pulp, bagasse & other waste of sugar manufacture  were Russia ($216M), France ($154M), United States ($106M), Egypt ($90M), and Netherlands ($26.6M).

Imports: In 2018 the top importers of Beet-pulp, bagasse & other waste of sugar manufacture were Belgium-Luxembourg ($91.1M), Netherlands ($88.6M), Italy ($71.2M), Ireland ($69.5M), and Morocco ($65.4M).

Tariffs: In 2018 the average tariff for Beet-pulp, bagasse & other waste of sugar manufacture was 7.15%, been the 3142 lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Beet-pulp, bagasse & other waste of sugar manufacture are Iceland (52.7%), Bahamas (40.2%), Tunisia (36%), Estonia (30%), and Algeria (27.6%). The countries with the lowest tariffs are Angola (0%), Mauritius (0%), South Africa (0%), Hong Kong (0%), and Japan (0%).

Ranking: Beet-pulp, bagasse & other waste of sugar manufacture ranks 2672nd in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): Russia, $216M

Top Destination (2018): Belgium-Luxembourg, $91.1M

Beet-pulp, bagasse & other waste of sugar manufacture are the world's 2290th most traded product.

In 2018, the top exporters of Beet-pulp, bagasse & other waste of sugar manufacture were Russia ($216M), France ($154M), United States ($106M), Egypt ($90M), and Netherlands ($26.6M).

In 2018, the top importers of Beet-pulp, bagasse & other waste of sugar manufacture were Belgium-Luxembourg ($91.1M), Netherlands ($88.6M), Italy ($71.2M), Ireland ($69.5M), and Morocco ($65.4M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): United States, $95.1M

Top Destination Growth (2017 - 2018): Ireland, $52.7M

Between 2017 and 2018, the exports of Beet-pulp, bagasse & other waste of sugar manufacture grew the fastest in United States ($95.1M), Egypt ($89.7M), Russia ($75.9M), France ($69.1M), and Netherlands ($11.8M).

Between 2017 and 2018, the fastest growing importers of Beet-pulp, bagasse & other waste of sugar manufacture were Ireland ($52.7M), Japan ($51.6M), Morocco ($50.8M), Latvia ($34.8M), and Netherlands ($33.6M).

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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 Beet-pulp, bagasse & other waste of sugar manufacture.

In 2018,  market concentration measured using Shannon Entropy, was 3.54. This means that most of the exports of Beet-pulp, bagasse & other waste of sugar manufacture are explained by 11 countries.

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TOP NET EXPORTER (2018): Russia, $216M

TOP NET IMPORTER (2018): Italy, $69.6M

This map shows which countries export or import more of Beet-pulp, bagasse & other waste of sugar manufacture. Each country is colored based on the difference in exports and imports of Beet-pulp, bagasse & other waste of sugar manufacture during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Beet-pulp, bagasse & other waste of sugar manufacture were Russia ($216M), France ($147M), United States ($103M), Egypt ($90M), and Ukraine ($20.1M).

In 2018, the countries that had a largest trade value in imports than in exports of Beet-pulp, bagasse & other waste of sugar manufacture were Italy ($69.6M), Belgium-Luxembourg ($67.3M), Ireland ($66.8M), Morocco ($65.4M), and Japan ($62.5M).

Trade Forecasts

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This section shows forecasts for total trade for Beet-pulp, bagasse & other waste of sugar manufacture. 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 Beet-pulp, bagasse & other waste of sugar manufacture was 7.15%.  The countries with the highest tariffs for importing Beet-pulp, bagasse & other waste of sugar manufacture were Iceland (52.7%), Bahamas (40.2%), Tunisia (36%), Estonia (30%), and Algeria (27.6%).

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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.