HS Icon Oats

1004 (Harmonized System 1992 for 4-digit)

World Trade (2018): $763M, Rnk 962 / 1225

Top Exporter (2018): $379M, Canada

Top Importer (2018): $323M, United States

Product Complexity (2018): 0.11, Rnk 503 / 1018

Export Growth (CAGR)(2017 - 2018): 2.28%, Rnk 1032 / 1225

Mean Tariff (2018): 10%, Rnk 423 / 1259

Share of World Trade (2018): 0.0042%, Rnk 962 / 1225

Overview:  This page contains the latest trade data of Oats. In 2018, Oats were the world's 962nd most traded product, with a total trade of $763M. Between 2017 and 2018 the exports of Oats grew by 2.28%, from  $746M to $763M. Trade in Oats represent 0.0042% of total world trade.

Exports: In 2018 the top exporters of Oats  were Canada ($379M), Finland ($69.6M), Sweden ($35.3M), Poland ($32.6M), and Australia ($23.2M).

Imports: In 2018 the top importers of Oats were United States ($323M), Germany ($113M), Netherlands ($33.9M), Mexico ($32.6M), and Belgium-Luxembourg ($23.1M).

Tariffs: In 2018 the average tariff for Oats was 10%, been the 423 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Oats are South Korea (232%), Turkey (64.7%), Estonia (41%), Lithuania (38.9%), and Tunisia (36%). The countries with the lowest tariffs are Angola (0%), Egypt (0%), Kenya (0%), Mauritius (0%), and Rwanda (0%).

Ranking: Oats ranks 503rd in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): Canada, $379M

Top Destination (2018): United States, $323M

Oats are the world's 962nd most traded product.

In 2018, the top exporters of Oats were Canada ($379M), Finland ($69.6M), Sweden ($35.3M), Poland ($32.6M), and Australia ($23.2M).

In 2018, the top importers of Oats were United States ($323M), Germany ($113M), Netherlands ($33.9M), Mexico ($32.6M), and Belgium-Luxembourg ($23.1M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Canada, $42.2M

Top Destination Growth (2017 - 2018): Germany, $11.8M

Between 2017 and 2018, the exports of Oats grew the fastest in Canada ($42.2M), Poland ($16.2M), Spain ($10.8M), France ($7.66M), and Estonia ($6.44M).

Between 2017 and 2018, the fastest growing importers of Oats were Germany ($11.8M), Sweden ($11.4M), Netherlands ($11M), Norway ($10.4M), and United Arab Emirates ($9.1M).

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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 Oats.

In 2018,  market concentration measured using Shannon Entropy, was 3.19. This means that most of the exports of Oats are explained by 9 countries.

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TOP NET EXPORTER (2018): Canada, $377M

TOP NET IMPORTER (2018): United States, $314M

This map shows which countries export or import more of Oats. Each country is colored based on the difference in exports and imports of Oats during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Oats were Canada ($377M), Finland ($66.5M), Poland ($25.1M), Australia ($22.9M), and Sweden ($21M).

In 2018, the countries that had a largest trade value in imports than in exports of Oats were United States ($314M), Germany ($98.2M), Mexico ($32.6M), Netherlands ($29M), and Belgium-Luxembourg ($18.7M).

Trade Forecasts

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This section shows forecasts for total trade for Oats. The forecast is based in a long short-term memory model or LSTM constructed using yearly trade data.

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Import Tariffs

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In 2018, the average tariff for importing Oats was 10%.  The countries with the highest tariffs for importing Oats were South Korea (232%), Turkey (64.7%), Estonia (41%), Lithuania (38.9%), and Tunisia (36%).

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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.