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.
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).
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.