Overview This page contains the latest trade data of Ground-nuts otherwise prepared or preserved. In 2019, Ground-nuts otherwise prepared or preserved were the world's 1299th most traded product, with a total trade of $2.03B. Between 2018 and 2019 the exports of Ground-nuts otherwise prepared or preserved decreased by -12.4%, from $2.31B to $2.03B. Trade in Ground-nuts otherwise prepared or preserved represent 0.011% of total world trade.

Exports In 2019 the top exporters of Ground-nuts otherwise prepared or preserved  were China ($502M), Argentina ($285M), Netherlands ($276M), United States ($208M), and Germany ($79.3M).

Imports In 2019 the top importers of Ground-nuts otherwise prepared or preserved were United States ($132M), France ($127M), Japan ($121M), Netherlands ($116M), and Germany ($112M).

Tariffs In 2018 the average tariff for Ground-nuts otherwise prepared or preserved was 21.5%, making it the 509th lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Ground-nuts otherwise prepared or preserved are Cyprus (83.2%), Austria (72.7%), United States (55%), Algeria (51.9%), and South Korea (50.9%). The countries with the lowest tariffs are Mauritius (0%), South Africa (0%), Hong Kong (0%), Maldives (0%), and Singapore (0%).

Ranking Ground-nuts otherwise prepared or preserved ranks 3943rd in the Product Complexity Index (PCI).

Historical Data

#permalink to section

Exporters and Importers

#permalink to section

Trade By Country

Top Origin (2019): China, $502M

Top Destination (2019): United States, $132M

Ground-nuts otherwise prepared or preserved are the world's 1299th most traded product.

In 2019, the top exporters of Ground-nuts otherwise prepared or preserved were China ($502M), Argentina ($285M), Netherlands ($276M), United States ($208M), and Germany ($79.3M).

In 2019, the top importers of Ground-nuts otherwise prepared or preserved were United States ($132M), France ($127M), Japan ($121M), Netherlands ($116M), and Germany ($112M).

Explore Visualizations

Market Dynamics

#permalink to section

Trade by country

Value

Top Origin Growth (2018 -  2019): Netherlands, $20.8M

Top Destination Growth (2018 - 2019): South Africa, $6.02M

Between 2018 and 2019, the exports of Ground-nuts otherwise prepared or preserved grew the fastest in Netherlands ($20.8M), India ($16.7M), Benin ($4.37M), Thailand ($4.18M), and Russia ($3.81M).

Between 2018 and 2019, the fastest growing importers of Ground-nuts otherwise prepared or preserved were South Africa ($6.02M), Afghanistan ($3.95M), Yemen ($3.16M), Qatar ($2.47M), and Kazakhstan ($1.83M).

Explore Visualizations

Market Concentration

#permalink to section

Cumulative market share

Value

This chart shows the evolution of the market concentration of exports of Ground-nuts otherwise prepared or preserved.

In 2019,  market concentration measured using Shannon Entropy, was 4.01. This means that most of the exports of Ground-nuts otherwise prepared or preserved are explained by 16 countries.

Explore Visualizations

TOP NET EXPORTER (2019): China, $490M

TOP NET IMPORTER (2019): Japan, $119M

This map shows which countries export or import more of Ground-nuts otherwise prepared or preserved. Each country is colored based on the difference in exports and imports of Ground-nuts otherwise prepared or preserved during 2019.

In 2019, the countries that had a largest trade value in exports than in imports of Ground-nuts otherwise prepared or preserved were China ($490M), Argentina ($285M), Netherlands ($161M), United States ($76.6M), and India ($53.7M).

In 2019, the countries that had a largest trade value in imports than in exports of Ground-nuts otherwise prepared or preserved were Japan ($119M), France ($112M), United Kingdom ($68.4M), South Korea ($63.6M), and Saudi Arabia ($49.3M).

Import Tariffs

#permalink to section

In 2018, the average tariff for importing Ground-nuts otherwise prepared or preserved was 21.5%. The countries with the highest tariffs for importing Ground-nuts otherwise prepared or preserved were Cyprus (83.2%), Austria (72.7%), United States (55%), Algeria (51.9%), and South Korea (50.9%).

Product Complexity

#permalink to section

Diversification Frontier

#permalink to section
Specialization

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.