HS Icon Locust beans, seaweed, sugar beet, cane, for food

1212 (Harmonized System 1992 for 4-digit)

Overview This page contains the latest trade data of Locust beans, seaweed, sugar beet, cane, for food. In 2019, Locust beans, seaweed, sugar beet, cane, for food were the world's 876th most traded product, with a total trade of $1.15B. Between 2018 and 2019 the exports of Locust beans, seaweed, sugar beet, cane, for food grew by 1.04%, from $1.14B to $1.15B. Trade in Locust beans, seaweed, sugar beet, cane, for food represent 0.0063% of total world trade.

Locust beans, seaweed, sugar beet, cane, for food are a part of Oil seeds and oleaginous fruits. They include Other vegetable products (chicory roots, tuber of koyaku etc), Seaweeds and other algae, Locust beans and seeds, Sugar beet, Apricot, peach or plum stones, and Sugar cane.

Exports In 2019 the top exporters of Locust beans, seaweed, sugar beet, cane, for food  were China ($435M), Morocco ($102M), South Africa ($64.4M), Germany ($56.1M), and Myanmar ($45.8M).

Imports In 2019 the top importers of Locust beans, seaweed, sugar beet, cane, for food were Spain ($96.2M), United States ($92.2M), China ($91.2M), Germany ($86M), and Italy ($71.8M).

Tariffs In 2018 the average tariff for Locust beans, seaweed, sugar beet, cane, for food was 7.76%, making it the 560th lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Locust beans, seaweed, sugar beet, cane, for food are Japan (153%), Bhutan (48.9%), Iran (36.3%), Norway (36.1%), and Tunisia (36%). The countries with the lowest tariffs are Mauritius (0%), Hong Kong (0%), Maldives (0%), Singapore (0%), and Switzerland (0%).

Ranking Locust beans, seaweed, sugar beet, cane, for food ranks 911th in the Product Complexity Index (PCI).

View
Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Locust beans, seaweed, sugar beet, cane, for food. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

* Using October 2021 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Historical Data

#permalink to section

Exporters and Importers

#permalink to section

Trade By Country

Top Origin (2019): China, $435M

Top Destination (2019): Spain, $96.2M

Locust beans, seaweed, sugar beet, cane, for food are the world's 876th most traded product.

In 2019, the top exporters of Locust beans, seaweed, sugar beet, cane, for food were China ($435M), Morocco ($102M), South Africa ($64.4M), Germany ($56.1M), and Myanmar ($45.8M).

In 2019, the top importers of Locust beans, seaweed, sugar beet, cane, for food were Spain ($96.2M), United States ($92.2M), China ($91.2M), Germany ($86M), and Italy ($71.8M).

Explore Visualizations

Market Dynamics

#permalink to section

Trade by country

Value

Top Origin Growth (2018 -  2019): China, $34.2M

Top Destination Growth (2018 - 2019): Italy, $25.6M

Between 2018 and 2019, the exports of Locust beans, seaweed, sugar beet, cane, for food grew the fastest in China ($34.2M), Morocco ($20.6M), United Arab Emirates ($8.03M), India ($6.72M), and Germany ($6.71M).

Between 2018 and 2019, the fastest growing importers of Locust beans, seaweed, sugar beet, cane, for food were Italy ($25.6M), Vietnam ($11.2M), United Arab Emirates ($9.34M), Mexico ($6.03M), and Switzerland ($5.32M).

Explore Visualizations

Market Concentration

#permalink to section

Cumulative market share

Value

This chart shows the evolution of the market concentration of exports of Locust beans, seaweed, sugar beet, cane, for food.

In 2019,  market concentration measured using Shannon Entropy, was 4.16. This means that most of the exports of Locust beans, seaweed, sugar beet, cane, for food are explained by 17 countries.

Explore Visualizations

TOP NET EXPORTER (2019): China, $344M

TOP NET IMPORTER (2019): United States, $80.4M

This map shows which countries export or import more of Locust beans, seaweed, sugar beet, cane, for food. Each country is colored based on the difference in exports and imports of Locust beans, seaweed, sugar beet, cane, for food during 2019.

In 2019, the countries that had a largest trade value in exports than in imports of Locust beans, seaweed, sugar beet, cane, for food were China ($344M), Morocco ($96.7M), South Africa ($63.6M), Myanmar ($45M), and Portugal ($21.8M).

In 2019, the countries that had a largest trade value in imports than in exports of Locust beans, seaweed, sugar beet, cane, for food were United States ($80.4M), Italy ($62.7M), Spain ($57.6M), Vietnam ($40.6M), and Japan ($33M).

Disaggregation

#permalink to section
Value

In 2019, the world most traded Locust beans, seaweed, sugar beet, cane,..., disaggragated by their HS6 level were Other vegetable products (chicory roots, tuber... ($1.07B), Sugar beet ($50.8M), Seaweeds and other algae ($17.2M), Locust beans and seeds ($3.9M), and Sugar cane ($1.94M)

Country Comparison

#permalink to section
Flow
Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Locust beans, seaweed, sugar beet, cane, for food.
It is possible to select the main countries that export or import Locust beans, seaweed, sugar beet, cane, for food in the world, or by continent, as well as select the measure of interest.

Import Tariffs

#permalink to section

In 2018, the average tariff for importing Locust beans, seaweed, sugar beet, cane, for food was 7.76%. The countries with the highest tariffs for importing Locust beans, seaweed, sugar beet, cane, for food were Japan (153%), Bhutan (48.9%), Iran (36.3%), Norway (36.1%), and Tunisia (36%).

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.

Country by Relatedness

#permalink to section

The following visualization shows the relatedness of Locust beans, seaweed, sugar beet, cane, for food to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.