HS Icon Legumes

0708 (Harmonized System 1992 for 4-digit)

 2019
World Trade
: $1.48B, Rnk 818 / 1217

2019
Top Exporter | Top Importer
: $272M | $227M, Morocco | United States

2019
Product Complexity
: -2.02, Rnk 938 / 961

2018 - 2019
Export Growth (CAGR)
: -3.86%, Rnk 681 / 1217

2018
Mean Tariff
: 20.7%, Rnk 102 / 1259

 2019
Share of World Trade
: 0.0082%, Rnk 818 / 1217

Overview:  This page contains the latest trade data of Legumes. In 2019, Legumes were the world's 818th most traded product, with a total trade of $1.48B. Between 2018 and 2019 the exports of Legumes decreased by -3.86%, from  $1.54B to $1.48B. Trade in Legumes represent 0.0082% of total world trade.

Exports: In 2019 the top exporters of Legumes  were Morocco ($272M), Guatemala ($161M), Netherlands ($130M), Mexico ($122M), and Spain ($104M).

Imports: In 2019 the top importers of Legumes were United States ($227M), Spain ($183M), Netherlands ($172M), United Kingdom ($153M), and Canada ($116M).

Tariffs: In 2018 the average tariff for Legumes was 20.7%, making it the 102nd lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Legumes are Cyprus (94.3%), Lebanon (62.8%), Barbados (56.5%), Hungary (46.1%), and Syria (46%). The countries with the lowest tariffs are Mauritius (0%), United Arab Emirates (0%), Hong Kong (0%), Kuwait (0%), and Maldives (0%).

Ranking: Legumes ranks 938th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2019): Morocco, $272M

Top Destination (2019): United States, $227M

Legumes are the world's 818th most traded product.

In 2019, the top exporters of Legumes were Morocco ($272M), Guatemala ($161M), Netherlands ($130M), Mexico ($122M), and Spain ($104M).

In 2019, the top importers of Legumes were United States ($227M), Spain ($183M), Netherlands ($172M), United Kingdom ($153M), and Canada ($116M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): Spain, $21.6M

Top Destination Growth (2018 - 2019): Canada, $6.96M

Between 2018 and 2019, the exports of Legumes grew the fastest in Spain ($21.6M), United States ($12.8M), Guatemala ($6.63M), Peru ($5M), and Laos ($4.77M).

Between 2018 and 2019, the fastest growing importers of Legumes were Canada ($6.96M), Belgium ($6.23M), United Kingdom ($6.16M), China ($5.65M), and Ireland ($3.34M).

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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 Legumes.

In 2019,  market concentration measured using Shannon Entropy, was 4.32. This means that most of the exports of Legumes are explained by 19 countries.

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TOP NET EXPORTER (2019): Morocco, $272M

TOP NET IMPORTER (2019): United Kingdom, $137M

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

In 2019, the countries that had a largest trade value in exports than in imports of Legumes were Morocco ($272M), Guatemala ($161M), Mexico ($119M), Kenya ($82.4M), and Egypt ($51.4M).

In 2019, the countries that had a largest trade value in imports than in exports of Legumes were United Kingdom ($137M), United States ($130M), Canada ($108M), Spain ($79.4M), and Germany ($59.7M).

Disaggregation

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Value

In 2019, the world most traded Legumes, disaggragated by their HS6 level were Beans, shelled or unshelled, fresh or... ($931M), Peas, shelled or unshelled, fresh or... ($405M), and Legumes except peas & beans, fresh... ($140M)

Import Tariffs

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In 2018, the average tariff for importing Legumes was 20.7%.  The countries with the highest tariffs for importing Legumes were Cyprus (94.3%), Lebanon (62.8%), Barbados (56.5%), Hungary (46.1%), and Syria (46%).

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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.