Other Edible Preparations2106 (Harmonized System 1992 for 4-digit)
2019 World Trade: $46.9B, Rnk 79 / 1217
2019 Top Exporter | Top Importer: $6.75B | $5.93B, United States | United States
2019 Product Complexity: -0.085, Rnk 551 / 961
2018 - 2019 Export Growth (CAGR): 3.74%, Rnk 207 / 1217
2018 Mean Tariff: 15.5%, Rnk 180 / 1259
2019 Share of World Trade: 0.26%, Rnk 79 / 1217
Overview: This page contains the latest trade data of Other Edible Preparations. In 2019, Other Edible Preparations were the world's 79th most traded product, with a total trade of $46.9B. Between 2018 and 2019 the exports of Other Edible Preparations grew by 3.74%, from $45.2B to $46.9B. Trade in Other Edible Preparations represent 0.26% of total world trade.
Exports: In 2019 the top exporters of Other Edible Preparations were United States ($6.75B), Singapore ($5.05B), Germany ($3.82B), Netherlands ($3.13B), and China ($1.96B).
Imports: In 2019 the top importers of Other Edible Preparations were United States ($5.93B), China ($2.32B), Germany ($2.27B), United Kingdom ($1.93B), and Netherlands ($1.72B).
Tariffs: In 2018 the average tariff for Other Edible Preparations was 15.5%, making it the 180th lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Other Edible Preparations are Egypt (191%), India (119%), Austria (62.6%), South Korea (61.1%), and Cyprus (47.9%). The countries with the lowest tariffs are Mauritius (0%), Hong Kong (0%), Singapore (0%), Switzerland (0%), and Peru (0.51%).
Ranking: Other Edible Preparations ranks 551st in the Product Complexity Index (PCI).
Trade By Country
Top Origin (2019): United States, $6.75B
Top Destination (2019): United States, $5.93B
Other Edible Preparations are the world's 79th most traded product.
In 2019, the top exporters of Other Edible Preparations were United States ($6.75B), Singapore ($5.05B), Germany ($3.82B), Netherlands ($3.13B), and China ($1.96B).
In 2019, the top importers of Other Edible Preparations were United States ($5.93B), China ($2.32B), Germany ($2.27B), United Kingdom ($1.93B), and Netherlands ($1.72B).
Trade by country
Top Origin Growth (2018 - 2019): Singapore, $830M
Top Destination Growth (2018 - 2019): United States, $440M
Between 2018 and 2019, the exports of Other Edible Preparations grew the fastest in Singapore ($830M), United States ($404M), China ($184M), Brazil ($101M), and Thailand ($98.5M).
Between 2018 and 2019, the fastest growing importers of Other Edible Preparations were United States ($440M), South Korea ($254M), Australia ($231M), Vietnam ($164M), and Philippines ($89.1M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Other Edible Preparations.
In 2019, market concentration measured using Shannon Entropy, was 4.97. This means that most of the exports of Other Edible Preparations are explained by 31 countries.
This map shows which countries export or import more of Other Edible Preparations. Each country is colored based on the difference in exports and imports of Other Edible Preparations during 2019.
In 2019, the countries that had a largest trade value in exports than in imports of Other Edible Preparations were Singapore ($4.43B), Germany ($1.55B), Netherlands ($1.41B), United States ($821M), and Thailand ($720M).
In 2019, the countries that had a largest trade value in imports than in exports of Other Edible Preparations were Hong Kong ($1.2B), Philippines ($773M), South Korea ($631M), Vietnam ($565M), and Australia ($559M).
In 2019, the world most traded Other Edible Preparations, disaggragated by their HS6 level were Food preparations nes ($44.7B) and Protein concentrates and textured protein substances ($2.23B)
In 2018, the average tariff for importing Other Edible Preparations was 15.5%. The countries with the highest tariffs for importing Other Edible Preparations were Egypt (191%), India (119%), Austria (62.6%), South Korea (61.1%), and Cyprus (47.9%).
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.
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