HS Icon Homogenized or reconstituted tobacco

240391 (Harmonized System 1992 for 6-digit)

 2019
World Trade
: $538M, Rnk 2667 / 4648

2019
Top Exporter | Top Importer
: $118M | $72.8M, France | Russia

2019
Product Complexity
: -1, Rnk 3967 / 4826

2018 - 2019
Export Growth (CAGR)
: -21.8%, Rnk 4258 / 4648

2018
Mean Tariff
: 32.4%, Rnk 78 / 6538

 2019
Share of World Trade
: 0.003%, Rnk 2667 / 4648

Overview:  This page contains the latest trade data of Homogenized or reconstituted tobacco. In 2019, Homogenized or reconstituted tobacco were the world's 2667th most traded product, with a total trade of $538M. Between 2018 and 2019 the exports of Homogenized or reconstituted tobacco decreased by -21.8%, from  $688M to $538M. Trade in Homogenized or reconstituted tobacco represent 0.003% of total world trade.

Exports: In 2019 the top exporters of Homogenized or reconstituted tobacco  were France ($118M), Netherlands ($67.6M), United States ($64.8M), Belgium ($49.3M), and Philippines ($34.6M).

Imports: In 2019 the top importers of Homogenized or reconstituted tobacco were Russia ($72.8M), United States ($39.5M), Belgium ($37.6M), Germany ($32.9M), and Poland ($30.8M).

Tariffs: In 2018 the average tariff for Homogenized or reconstituted tobacco was 32.4%, making it the 78th lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Homogenized or reconstituted tobacco are Saudi Arabia (538%), Barbados (393%), Malaysia (328%), Sri Lanka (250%), and Poland (230%). The countries with the lowest tariffs are Egypt (0%), Mauritius (0%), Hong Kong (0%), Japan (0%), and Singapore (0%).

Ranking: Homogenized or reconstituted tobacco ranks 3967th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2019): France, $118M

Top Destination (2019): Russia, $72.8M

Homogenized or reconstituted tobacco are the world's 2667th most traded product.

In 2019, the top exporters of Homogenized or reconstituted tobacco were France ($118M), Netherlands ($67.6M), United States ($64.8M), Belgium ($49.3M), and Philippines ($34.6M).

In 2019, the top importers of Homogenized or reconstituted tobacco were Russia ($72.8M), United States ($39.5M), Belgium ($37.6M), Germany ($32.9M), and Poland ($30.8M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): United States, $24.4M

Top Destination Growth (2018 - 2019): Russia, $54.6M

Between 2018 and 2019, the exports of Homogenized or reconstituted tobacco grew the fastest in United States ($24.4M), Italy ($19M), Philippines ($18M), Pakistan ($9.79M), and Romania ($9.38M).

Between 2018 and 2019, the fastest growing importers of Homogenized or reconstituted tobacco were Russia ($54.6M), Malaysia ($10.1M), Yemen ($9.96M), Philippines ($6.3M), and United States ($5.63M).

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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 Homogenized or reconstituted tobacco.

In 2019,  market concentration measured using Shannon Entropy, was 3.8. This means that most of the exports of Homogenized or reconstituted tobacco are explained by 13 countries.

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TOP NET EXPORTER (2019): France, $117M

TOP NET IMPORTER (2019): Russia, $50.1M

This map shows which countries export or import more of Homogenized or reconstituted tobacco. Each country is colored based on the difference in exports and imports of Homogenized or reconstituted tobacco during 2019.

In 2019, the countries that had a largest trade value in exports than in imports of Homogenized or reconstituted tobacco were France ($117M), Netherlands ($57.3M), Italy ($30.3M), United States ($25.3M), and Philippines ($17.6M).

In 2019, the countries that had a largest trade value in imports than in exports of Homogenized or reconstituted tobacco were Russia ($50.1M), Poland ($30.3M), Germany ($25.6M), Japan ($24.2M), and Turkey ($22.8M).

Import Tariffs

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In 2018, the average tariff for importing Homogenized or reconstituted tobacco was 32.4%.  The countries with the highest tariffs for importing Homogenized or reconstituted tobacco were Saudi Arabia (538%), Barbados (393%), Malaysia (328%), Sri Lanka (250%), and Poland (230%).

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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.