HS Icon Ground-nuts in shell not roasted or cooked

120210 (Harmonized System 1992 for 6-digit)

World Trade (2018): $271M, Rnk 3413 / 4726

Top Exporter (2018): $71.6M, United States

Top Importer (2018): $45.2M, Italy

Product Complexity (2018): -2.42, Rnk 4840 / 4873

Export Growth (CAGR)(2017 - 2018): -21.8%, Rnk 4542 / 4726

Mean Tariff (2018): 13.5%, Rnk 1485 / 6538

Share of World Trade (2018): 0.0015%, Rnk 3413 / 4726

Overview:  This page contains the latest trade data of Ground-nuts in shell not roasted or cooked. In 2018, Ground-nuts in shell not roasted or cooked were the world's 3413th most traded product, with a total trade of $271M. Between 2017 and 2018 the exports of Ground-nuts in shell not roasted or cooked decreased by -21.8%, from  $347M to $271M. Trade in Ground-nuts in shell not roasted or cooked represent 0.0015% of total world trade.

Exports: In 2018 the top exporters of Ground-nuts in shell not roasted or cooked  were United States ($71.6M), Egypt ($50M), China ($47.8M), Israel ($23.8M), and India ($10.9M).

Imports: In 2018 the top importers of Ground-nuts in shell not roasted or cooked were Italy ($45.2M), Germany ($31.2M), China ($25.9M), Spain ($17.7M), and Afghanistan ($12.3M).

Tariffs: In 2018 the average tariff for Ground-nuts in shell not roasted or cooked was 13.5%, been the 1485 lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Ground-nuts in shell not roasted or cooked are Cyprus (95.7%), Barbados (37.8%), Trinidad and Tobago (37.8%), Iran (30%), and Gabon (29.4%).

Ranking: Ground-nuts in shell not roasted or cooked ranks 4840th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): United States, $71.6M

Top Destination (2018): Italy, $45.2M

Ground-nuts in shell not roasted or cooked are the world's 3413th most traded product.

In 2018, the top exporters of Ground-nuts in shell not roasted or cooked were United States ($71.6M), Egypt ($50M), China ($47.8M), Israel ($23.8M), and India ($10.9M).

In 2018, the top importers of Ground-nuts in shell not roasted or cooked were Italy ($45.2M), Germany ($31.2M), China ($25.9M), Spain ($17.7M), and Afghanistan ($12.3M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Uzbekistan, $8M

Top Destination Growth (2017 - 2018): Afghanistan, $11M

Between 2017 and 2018, the exports of Ground-nuts in shell not roasted or cooked grew the fastest in Uzbekistan ($8M), Bangladesh ($2.66M), Germany ($2.18M), Croatia ($1.97M), and Laos ($1.76M).

Between 2017 and 2018, the fastest growing importers of Ground-nuts in shell not roasted or cooked were Afghanistan ($11M), Netherlands ($3.21M), Thailand ($2.75M), Slovakia ($2.68M), and Saudi Arabia ($2.16M).

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Market Concentration

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Cumulative market share

This chart shows the evolution of the market concentration of exports of Ground-nuts in shell not roasted or cooked.

In 2018,  market concentration measured using Shannon Entropy, was 3.58. This means that most of the exports of Ground-nuts in shell not roasted or cooked are explained by 11 countries.

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TOP NET EXPORTER (2018): United States, $70.8M

TOP NET IMPORTER (2018): Italy, $44.8M

This map shows which countries export or import more of Ground-nuts in shell not roasted or cooked. Each country is colored based on the difference in exports and imports of Ground-nuts in shell not roasted or cooked during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Ground-nuts in shell not roasted or cooked were United States ($70.8M), Egypt ($49.5M), Israel ($23.7M), China ($21.9M), and India ($10.8M).

In 2018, the countries that had a largest trade value in imports than in exports of Ground-nuts in shell not roasted or cooked were Italy ($44.8M), Germany ($27.8M), Spain ($17M), Afghanistan ($11.9M), and Canada ($10.4M).

Trade Forecasts

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This section shows forecasts for total trade for Ground-nuts in shell not roasted or cooked. The forecast is based in a long short-term memory model or LSTM constructed using yearly trade data.

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Import Tariffs

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In 2018, the average tariff for importing Ground-nuts in shell not roasted or cooked was 13.5%.  The countries with the highest tariffs for importing Ground-nuts in shell not roasted or cooked were Cyprus (95.7%), Barbados (37.8%), Trinidad and Tobago (37.8%), Iran (30%), and Gabon (29.4%).

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Product Complexity

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Diversification Frontier

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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.