Other Edible Preparations2106 (Harmonized System 1992 for 4-digit)
World Trade (2018): $44.9B, Rnk 86 / 1225
Top Exporter (2018): $6.29B, United States
Top Importer (2018): $5.44B, United States
Product Complexity (2018): 0.12, Rnk 495 / 1018
Export Growth (CAGR)(2017 - 2018): 32.6%, Rnk 151 / 1225
Mean Tariff (2018): 15.5%, Rnk 180 / 1259
Share of World Trade (2018): 0.24%, Rnk 86 / 1225
Overview: This page contains the latest trade data of Other Edible Preparations. In 2018, Other Edible Preparations were the world's 86th most traded product, with a total trade of $44.9B. Between 2017 and 2018 the exports of Other Edible Preparations grew by 32.6%, from $33.9B to $44.9B. Trade in Other Edible Preparations represent 0.24% of total world trade.
Exports: In 2018 the top exporters of Other Edible Preparations were United States ($6.29B), Singapore ($4.18B), Germany ($3.76B), Netherlands ($3.16B), and France ($1.79B).
Imports: In 2018 the top importers of Other Edible Preparations were United States ($5.44B), China ($2.26B), Germany ($2.23B), United Kingdom ($2.07B), and Netherlands ($1.65B).
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 495th in the Product Complexity Index (PCI).
Trade By Country
Top Origin (2018): United States, $6.29B
Top Destination (2018): United States, $5.44B
Other Edible Preparations are the world's 86th most traded product.
In 2018, the top exporters of Other Edible Preparations were United States ($6.29B), Singapore ($4.18B), Germany ($3.76B), Netherlands ($3.16B), and France ($1.79B).
In 2018, the top importers of Other Edible Preparations were United States ($5.44B), China ($2.26B), Germany ($2.23B), United Kingdom ($2.07B), and Netherlands ($1.65B).
Trade by country
Top Origin Growth (2017 - 2018): Singapore, $2.74B
Top Destination Growth (2017 - 2018): United States, $4.27B
Between 2017 and 2018, the exports of Other Edible Preparations grew the fastest in Singapore ($2.74B), United States ($1.68B), Netherlands ($614M), China ($533M), and Thailand ($511M).
Between 2017 and 2018, the fastest growing importers of Other Edible Preparations were United States ($4.27B), Canada ($1.35B), Mexico ($668M), Germany ($434M), and Hong Kong ($373M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Other Edible Preparations.
In 2018, market concentration measured using Shannon Entropy, was 4.99. 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 2018.
In 2018, the countries that had a largest trade value in exports than in imports of Other Edible Preparations were Singapore ($3.65B), Germany ($1.53B), Netherlands ($1.51B), United States ($850M), and Denmark ($703M).
In 2018, the countries that had a largest trade value in imports than in exports of Other Edible Preparations were Hong Kong ($1.14B), Philippines ($691M), Vietnam ($495M), China ($495M), and Saudi Arabia ($487M).
In 2018, the world most traded Other Edible Preparations, disaggragated by their HS6 level were Food preparations nes ($42.7B) and Protein concentrates and textured protein substances ($2.17B)
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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