Overview: This page contains the latest trade data of Foodstuffs. In 2019, Foodstuffs were the world's 10th most traded product, with a total trade of $619B. Between 2018 and 2019 the exports of Foodstuffs decreased by -1.18%, from $627B to $619B. Trade in Foodstuffs represent 3.42% of total world trade.
Exports: In 2019 the top exporters of Foodstuffs were United States ($46B), Germany ($44B), France ($38.4B), Netherlands ($37.6B), and Italy ($30.8B).
Imports: In 2019 the top importers of Foodstuffs were United States ($71.7B), Germany ($39B), United Kingdom ($33.2B), France ($27.6B), and Netherlands ($27.2B).
Tariffs: In 2018 the average tariff for Foodstuffs was 23.6%, making it the 2nd lowest tariff using the Section product classification.
The countries with the highest import tariffs for Foodstuffs are Egypt (148%), United States (114%), Austria (91.9%), Cyprus (74%), and Turkey (52.1%). The countries with the lowest tariffs are Hong Kong (0%), Singapore (0%), Switzerland (0%), Norway (0.36%), and Australia (1.42%).
Ranking: Foodstuffs ranks 16th in the Product Complexity Index (PCI).