HS Icon Ground-nuts shelled, not roasted or cooked

120220 (Harmonized System 1992 for 6-digit)

World Trade (2018): $2.34B, Rnk 1198 / 4726

Top Exporter (2018): $445M, India

Top Importer (2018): $271M, Indonesia

Product Complexity (2018): -2.27, Rnk 4818 / 4873

Export Growth (CAGR)(2017 - 2018): -8.04%, Rnk 4258 / 4726

Mean Tariff (2018): 10.9%, Rnk 2008 / 6538

Share of World Trade (2018): 0.013%, Rnk 1198 / 4726

Overview:  This page contains the latest trade data of Ground-nuts shelled, not roasted or cooked. In 2018, Ground-nuts shelled, not roasted or cooked were the world's 1198th most traded product, with a total trade of $2.34B. Between 2017 and 2018 the exports of Ground-nuts shelled, not roasted or cooked decreased by -8.04%, from  $2.54B to $2.34B. Trade in Ground-nuts shelled, not roasted or cooked represent 0.013% of total world trade.

Exports: In 2018 the top exporters of Ground-nuts shelled, not roasted or cooked  were India ($445M), United States ($403M), China ($319M), Brazil ($233M), and Argentina ($231M).

Imports: In 2018 the top importers of Ground-nuts shelled, not roasted or cooked were Indonesia ($271M), Netherlands ($251M), Mexico ($153M), China ($135M), and Germany ($132M).

Tariffs: In 2018 the average tariff for Ground-nuts shelled, not roasted or cooked was 10.9%, been the 2008 lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Ground-nuts shelled, not roasted or cooked are Cyprus (95.7%), Iran (30%), Gabon (29.4%), Chad (29.4%), and Bulgaria (22.3%).

Ranking: Ground-nuts shelled, not roasted or cooked ranks 4818th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): India, $445M

Top Destination (2018): Indonesia, $271M

Ground-nuts shelled, not roasted or cooked are the world's 1198th most traded product.

In 2018, the top exporters of Ground-nuts shelled, not roasted or cooked were India ($445M), United States ($403M), China ($319M), Brazil ($233M), and Argentina ($231M).

In 2018, the top importers of Ground-nuts shelled, not roasted or cooked were Indonesia ($271M), Netherlands ($251M), Mexico ($153M), China ($135M), and Germany ($132M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Netherlands, $77.8M

Top Destination Growth (2017 - 2018): Germany, $43.1M

Between 2017 and 2018, the exports of Ground-nuts shelled, not roasted or cooked grew the fastest in Netherlands ($77.8M), Brazil ($35.4M), Burma ($28M), Belgium-Luxembourg ($14.4M), and Uzbekistan ($10.2M).

Between 2017 and 2018, the fastest growing importers of Ground-nuts shelled, not roasted or cooked were Germany ($43.1M), China ($16.3M), Australia ($14.4M), Poland ($12.5M), and Turkey ($9.82M).

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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 shelled, not roasted or cooked.

In 2018,  market concentration measured using Shannon Entropy, was 3.67. This means that most of the exports of Ground-nuts shelled, not roasted or cooked are explained by 12 countries.

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TOP NET EXPORTER (2018): India, $444M

TOP NET IMPORTER (2018): Indonesia, $271M

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

In 2018, the countries that had a largest trade value in exports than in imports of Ground-nuts shelled, not roasted or cooked were India ($444M), United States ($396M), Brazil ($230M), Argentina ($230M), and China ($184M).

In 2018, the countries that had a largest trade value in imports than in exports of Ground-nuts shelled, not roasted or cooked were Indonesia ($271M), Mexico ($147M), Canada ($117M), Vietnam ($110M), and Russia ($106M).

Trade Forecasts

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This section shows forecasts for total trade for Ground-nuts shelled, 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 shelled, not roasted or cooked was 10.9%.  The countries with the highest tariffs for importing Ground-nuts shelled, not roasted or cooked were Cyprus (95.7%), Iran (30%), Gabon (29.4%), Chad (29.4%), and Bulgaria (22.3%).

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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.