HS Icon Dried Vegetables

0712 (Harmonized System 1992 for 4-digit)

 2019
World Trade
: $4.26B, Rnk 547 / 1217

2019
Top Exporter | Top Importer
: $2.64B | $564M, China | Vietnam

2019
Product Complexity
: -1.25, Rnk 836 / 961

2018 - 2019
Export Growth (CAGR)
: -4.74%, Rnk 728 / 1217

2018
Mean Tariff
: 16.4%, Rnk 160 / 1259

 2019
Share of World Trade
: 0.024%, Rnk 547 / 1217

Overview:  This page contains the latest trade data of Dried Vegetables. In 2019, Dried Vegetables were the world's 547th most traded product, with a total trade of $4.26B. Between 2018 and 2019 the exports of Dried Vegetables decreased by -4.74%, from  $4.47B to $4.26B. Trade in Dried Vegetables represent 0.024% of total world trade.

Exports: In 2019 the top exporters of Dried Vegetables  were China ($2.64B), United States ($200M), Germany ($174M), India ($155M), and Netherlands ($136M).

Imports: In 2019 the top importers of Dried Vegetables were Vietnam ($564M), Hong Kong ($416M), Thailand ($373M), Japan ($312M), and Malaysia ($305M).

Tariffs: In 2018 the average tariff for Dried Vegetables was 16.4%, making it the 160th lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Dried Vegetables are South Korea (58.5%), Hungary (55.6%), Turkmenistan (50%), Syria (46%), and Thailand (45.1%). The countries with the lowest tariffs are Mauritius (0%), Hong Kong (0%), Maldives (0%), Singapore (0%), and Switzerland (0%).

Ranking: Dried Vegetables ranks 836th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2019): China, $2.64B

Top Destination (2019): Vietnam, $564M

Dried Vegetables are the world's 547th most traded product.

In 2019, the top exporters of Dried Vegetables were China ($2.64B), United States ($200M), Germany ($174M), India ($155M), and Netherlands ($136M).

In 2019, the top importers of Dried Vegetables were Vietnam ($564M), Hong Kong ($416M), Thailand ($373M), Japan ($312M), and Malaysia ($305M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): Bulgaria, $21.1M

Top Destination Growth (2018 - 2019): Vietnam, $239M

Between 2018 and 2019, the exports of Dried Vegetables grew the fastest in Bulgaria ($21.1M), India ($20.5M), China ($9.57M), Uzbekistan ($7.1M), and Egypt ($5.87M).

Between 2018 and 2019, the fastest growing importers of Dried Vegetables were Vietnam ($239M), Malaysia ($119M), Myanmar ($38M), Portugal ($17.7M), and Kazakhstan ($16.2M).

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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 Dried Vegetables.

In 2019,  market concentration measured using Shannon Entropy, was 2.76. This means that most of the exports of Dried Vegetables are explained by 6 countries.

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TOP NET EXPORTER (2019): China, $2.57B

TOP NET IMPORTER (2019): Vietnam, $489M

This map shows which countries export or import more of Dried Vegetables. Each country is colored based on the difference in exports and imports of Dried Vegetables during 2019.

In 2019, the countries that had a largest trade value in exports than in imports of Dried Vegetables were China ($2.57B), India ($151M), Egypt ($63.4M), Turkey ($57.3M), and Poland ($33.5M).

In 2019, the countries that had a largest trade value in imports than in exports of Dried Vegetables were Vietnam ($489M), Hong Kong ($410M), Thailand ($338M), Japan ($309M), and Malaysia ($292M).

Disaggregation

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Value

In 2019, the world most traded Dried Vegetables, disaggragated by their HS6 level were Mushrooms and truffles, dried, not further... ($2.25B), Vegetables nes & mixtures, dried, not... ($1.62B), and Onions, dried, not further prepared ($391M)

Import Tariffs

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In 2018, the average tariff for importing Dried Vegetables was 16.4%.  The countries with the highest tariffs for importing Dried Vegetables were South Korea (58.5%), Hungary (55.6%), Turkmenistan (50%), Syria (46%), and Thailand (45.1%).

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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.