HS Icon Malt Extract

1901 (Harmonized System 1992 for 4-digit)

Overview This page contains the latest trade data of Malt Extract. In 2019, Malt Extract were the world's 162nd most traded product, with a total trade of $23.7B. Between 2018 and 2019 the exports of Malt Extract grew by 1.5%, from $23.4B to $23.7B. Trade in Malt Extract represent 0.13% of total world trade.

Exports In 2019 the top exporters of Malt Extract  were Netherlands ($3.16B), Germany ($2.16B), France ($2.01B), Ireland ($1.96B), and Singapore ($1.41B).

Imports In 2019 the top importers of Malt Extract were China ($4.53B), Hong Kong ($1.24B), Netherlands ($999M), United States ($891M), and Germany ($792M).

Tariffs In 2018 the average tariff for Malt Extract was 16.8%, making it the 148th lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Malt Extract are South Korea (160%), Austria (110%), Canada (57.1%), and Japan (49.9%). The countries with the lowest tariffs are Mauritius (0%), Hong Kong (0%), Singapore (0%), Switzerland (0%), and Norway (0%).

Ranking Malt Extract ranks 567th in the Product Complexity Index (PCI).

Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2019): Netherlands, $3.16B

Top Destination (2019): China, $4.53B

Malt Extract are the world's 162nd most traded product.

In 2019, the top exporters of Malt Extract were Netherlands ($3.16B), Germany ($2.16B), France ($2.01B), Ireland ($1.96B), and Singapore ($1.41B).

In 2019, the top importers of Malt Extract were China ($4.53B), Hong Kong ($1.24B), Netherlands ($999M), United States ($891M), and Germany ($792M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): New Zealand, $220M

Top Destination Growth (2018 - 2019): China, $242M

Between 2018 and 2019, the exports of Malt Extract grew the fastest in New Zealand ($220M), Australia ($125M), Canada ($68.5M), Mexico ($64.4M), and Malaysia ($55M).

Between 2018 and 2019, the fastest growing importers of Malt Extract were China ($242M), Iraq ($142M), Panama ($60.1M), United States ($58.4M), and Senegal ($55.9M).

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Market Concentration

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Cumulative market share

Value

This chart shows the evolution of the market concentration of exports of Malt Extract.

In 2019,  market concentration measured using Shannon Entropy, was 4.72. This means that most of the exports of Malt Extract are explained by 26 countries.

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TOP NET EXPORTER (2019): Netherlands, $2.16B

TOP NET IMPORTER (2019): China, $4.03B

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

In 2019, the countries that had a largest trade value in exports than in imports of Malt Extract were Netherlands ($2.16B), Ireland ($1.73B), France ($1.48B), Germany ($1.37B), and New Zealand ($1.29B).

In 2019, the countries that had a largest trade value in imports than in exports of Malt Extract were China ($4.03B), Hong Kong ($1.22B), Saudi Arabia ($658M), Iraq ($387M), and Nigeria ($329M).

Disaggregation

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Value

In 2019, the world most traded Malt Extract, disaggragated by their HS6 level were Infant foods of cereals, flour, starch... ($11.3B), Malt extract & limited cocoa pastrycooks... ($8.6B), and Mixes and doughs for bread, pastry,... ($3.82B)

Import Tariffs

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In 2018, the average tariff for importing Malt Extract was 16.8%. The countries with the highest tariffs for importing Malt Extract were South Korea (160%), Austria (110%), Canada (57.1%), and Japan (49.9%).

Product Complexity

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Diversification Frontier

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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

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The following visualization shows the relatedness of Malt Extract to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.