Edible Offal0206 (Harmonized System 1992 for 4-digit)
World Trade (2019): $8.21B, Rnk 371 / 1217
Top Exporter (2019): $1.53B, United States
Top Importer (2019): $2.2B, China
Product Complexity (2019): -0.58, Rnk 683 / 961
Export Growth (CAGR)(2018 - 2019): -3.09%, Rnk 628 / 1217
Mean Tariff (2018): 18.8%, Rnk 129 / 1259
Share of World Trade (2019): 0.045%, Rnk 371 / 1217
Overview: This page contains the latest trade data of Edible Offal. In 2019, Edible Offal were the world's 371st most traded product, with a total trade of $8.21B. Between 2018 and 2019 the exports of Edible Offal decreased by -3.09%, from $8.47B to $8.21B. Trade in Edible Offal represent 0.045% of total world trade.
Exports: In 2019 the top exporters of Edible Offal were United States ($1.53B), Germany ($845M), Australia ($707M), Spain ($573M), and Netherlands ($541M).
Imports: In 2019 the top importers of Edible Offal were China ($2.2B), Hong Kong ($992M), Japan ($821M), Vietnam ($504M), and Mexico ($373M).
Tariffs: In 2018 the average tariff for Edible Offal was 18.8%, making it the 129th lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Edible Offal are Cyprus (251%), Turkey (225%), Iceland (142%), Morocco (57.8%), and Hungary (42.9%). The countries with the lowest tariffs are Mauritius (0%), Hong Kong (0%), Singapore (0%), Switzerland (0%), and Norway (0%).
Ranking: Edible Offal ranks 683rd in the Product Complexity Index (PCI).
Trade By Country
Top Origin (2019): United States, $1.53B
Top Destination (2019): China, $2.2B
Edible Offal are the world's 371st most traded product.
In 2019, the top exporters of Edible Offal were United States ($1.53B), Germany ($845M), Australia ($707M), Spain ($573M), and Netherlands ($541M).
In 2019, the top importers of Edible Offal were China ($2.2B), Hong Kong ($992M), Japan ($821M), Vietnam ($504M), and Mexico ($373M).
Trade by country
Between 2018 and 2019, the exports of Edible Offal grew the fastest in Spain ($189M), Germany ($93.9M), Denmark ($57.9M), Australia ($57.2M), and Canada ($37.7M).
Between 2018 and 2019, the fastest growing importers of Edible Offal were China ($640M), Japan ($83.3M), United States ($61M), South Korea ($40.4M), and Indonesia ($33.5M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Edible Offal.
In 2019, market concentration measured using Shannon Entropy, was 4.27. This means that most of the exports of Edible Offal are explained by 19 countries.
TOP NET EXPORTER (2019): United States, $1.2B
TOP NET IMPORTER (2019): China, $2.19B
This map shows which countries export or import more of Edible Offal. Each country is colored based on the difference in exports and imports of Edible Offal during 2019.
In 2019, the countries that had a largest trade value in exports than in imports of Edible Offal were United States ($1.2B), Germany ($704M), Australia ($701M), Spain ($502M), and Brazil ($473M).
In 2019, the countries that had a largest trade value in imports than in exports of Edible Offal were China ($2.19B), Japan ($819M), Hong Kong ($574M), Vietnam ($499M), and South Korea ($342M).
In 2019, the world most traded Edible Offal, disaggragated by their HS6 level were Swine edible offal, frozen except livers ($3.26B), Bovine edible offal, frozen except livers... ($2.55B), Bovine edible offal, fresh or chilled ($1.01B), Swine edible offal, fresh or chilled ($480M), and Bovine tongues, frozen ($367M)
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.
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