Overview: This page contains the latest trade data of Ground Nuts. In 2019, Ground Nuts were the world's 615th most traded product, with a total trade of $3.19B. Between 2018 and 2019 the exports of Ground Nuts grew by 20.6%, from $2.65B to $3.19B. Trade in Ground Nuts represent 0.018% of total world trade.
Top Destination Growth (2018 - 2019): China, $245M
Between 2018 and 2019, the exports of Ground Nuts grew the fastest in Argentina ($219M), India ($140M), Senegal ($121M), Sudan ($60.3M), and Ethiopia ($51.6M).
Between 2018 and 2019, the fastest growing importers of Ground Nuts were China ($245M), Vietnam ($94.8M), Netherlands ($57.3M), Indonesia ($40.4M), and Russia ($39M).
This chart shows the evolution of the market concentration of exports of Ground Nuts.
In 2019, market concentration measured using Shannon Entropy, was 3.82. This means that most of the exports of Ground Nuts are explained by 14 countries.
This map shows which countries export or import more of Ground Nuts. Each country is colored based on the difference in exports and imports of Ground Nuts during 2019.
In 2019, the countries that had a largest trade value in exports than in imports of Ground Nuts were India ($593M), United States ($478M), Argentina ($453M), Brazil ($232M), and Senegal ($192M).
In 2019, the countries that had a largest trade value in imports than in exports of Ground Nuts were Indonesia ($311M), Netherlands ($150M), Russia ($146M), Mexico ($138M), and Vietnam ($135M).
In 2018, the average tariff for importing Ground Nuts was 10.9%. The countries with the highest tariffs for importing Ground Nuts were South Korea (218%), Cyprus (95.7%), United States (70.7%), and Belize (38.1%).
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.