Locust beans, seaweed, sugar beet, cane, for food1212 (Harmonized System 1992 for 4-digit)
2019 World Trade: $1.15B, Rnk 876 / 1217
2019 Top Exporter | Top Importer: $435M | $96.2M, China | Spain
2019 Product Complexity: -1.71, Rnk 911 / 961
2018 - 2019 Export Growth (CAGR): 1.04%, Rnk 326 / 1217
2018 Mean Tariff: 7.76%, Rnk 560 / 1259
2019 Share of World Trade: 0.0063%, Rnk 876 / 1217
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).
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.
Trade By Country
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).
Trade by country
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).
Cumulative market share
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.
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).
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)
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.
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%).
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.