Food preparations nes210690 (Harmonized System 1992 for 6-digit)
World Trade (2018): $42.7B, Rnk 52 / 4726
Top Exporter (2018): $5.53B, United States
Top Importer (2018): $5.31B, United States
Product Complexity (2018): -0.11, Rnk 1637 / 2722
Export Growth (CAGR)(2017 - 2018): 33.9%, Rnk 651 / 4726
Mean Tariff (2018): 15.7%, Rnk 1022 / 6538
Share of World Trade (2018): 0.23%, Rnk 52 / 4726
Overview: This page contains the latest trade data of Food preparations nes. In 2018, Food preparations nes were the world's 52nd most traded product, with a total trade of $42.7B. Between 2017 and 2018 the exports of Food preparations nes grew by 33.9%, from $31.9B to $42.7B. Trade in Food preparations nes represent 0.23% of total world trade.
Exports: In 2018 the top exporters of Food preparations nes were United States ($5.53B), Singapore ($4.18B), Germany ($3.69B), Netherlands ($3B), and France ($1.73B).
Imports: In 2018 the top importers of Food preparations nes were United States ($5.31B), China ($2.21B), Germany ($2.14B), United Kingdom ($1.96B), and Netherlands ($1.51B).
Tariffs: In 2018 the average tariff for Food preparations nes was 15.7%, been the 1022 lowest tariff using the HS6 product classification.
The countries with the highest import tariffs for Food preparations nes are Egypt (223%), India (127%), South Korea (68.7%), Cyprus (54.2%), and Poland (50.9%). The countries with the lowest tariffs are Mauritius (0%), Hong Kong (0%), Singapore (0%), Switzerland (0%), and Laos (0.96%).
Ranking: Food preparations nes ranks 1637th in the Product Complexity Index (PCI).
Trade By Country
Top Origin (2018): United States, $5.53B
Top Destination (2018): United States, $5.31B
Food preparations nes are the world's 52nd most traded product.
In 2018, the top exporters of Food preparations nes were United States ($5.53B), Singapore ($4.18B), Germany ($3.69B), Netherlands ($3B), and France ($1.73B).
In 2018, the top importers of Food preparations nes were United States ($5.31B), China ($2.21B), Germany ($2.14B), United Kingdom ($1.96B), and Netherlands ($1.51B).
Trade by country
Top Origin Growth (2017 - 2018): Singapore, $2.74B
Top Destination Growth (2017 - 2018): United States, $4.22B
Between 2017 and 2018, the exports of Food preparations nes grew the fastest in Singapore ($2.74B), United States ($1.61B), Netherlands ($597M), Thailand ($510M), and China ($465M).
Between 2017 and 2018, the fastest growing importers of Food preparations nes were United States ($4.22B), Canada ($1.34B), Mexico ($661M), Germany ($414M), and Hong Kong ($372M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Food preparations nes.
In 2018, market concentration measured using Shannon Entropy, was 5.01. This means that most of the exports of Food preparations nes are explained by 32 countries.
This map shows which countries export or import more of Food preparations nes. Each country is colored based on the difference in exports and imports of Food preparations nes during 2018.
In 2018, the countries that had a largest trade value in exports than in imports of Food preparations nes were Singapore ($3.66B), Germany ($1.55B), Netherlands ($1.48B), Denmark ($690M), and Thailand ($689M).
In 2018, the countries that had a largest trade value in imports than in exports of Food preparations nes were Hong Kong ($1.13B), China ($703M), Philippines ($646M), United Kingdom ($520M), and Saudi Arabia ($468M).
In 2018, the average tariff for importing Food preparations nes was 15.7%. The countries with the highest tariffs for importing Food preparations nes were Egypt (223%), India (127%), South Korea (68.7%), Cyprus (54.2%), and Poland (50.9%).
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.
Have questions, comments, or concerns?
Send us an e-mail: [email protected]
v4.0.2 ant