HS Icon Other fodder and forage products, roots, etc.

121490 (Harmonized System 1992 for 6-digit)

World Trade (2019): $2.66B, Rnk 1096 / 4648

Top Exporter (2019): $1.49B, United States

Top Importer (2019): $763M, Japan

Product Complexity (2019): -0.98, Rnk 3937 / 4826

Export Growth (CAGR)(2018 - 2019): 6.39%, Rnk 650 / 4648

Mean Tariff (2018): 4.91%, Rnk 4206 / 6538

Share of World Trade (2019): 0.015%, Rnk 1096 / 4648

Overview:  This page contains the latest trade data of Other fodder and forage products, roots, etc.. In 2019, Other fodder and forage products, roots, etc. were the world's 1096th most traded product, with a total trade of $2.66B. Between 2018 and 2019 the exports of Other fodder and forage products, roots, etc. grew by 6.39%, from  $2.5B to $2.66B. Trade in Other fodder and forage products, roots, etc. represent 0.015% of total world trade.

Exports: In 2019 the top exporters of Other fodder and forage products, roots, etc.  were United States ($1.49B), Australia ($333M), Spain ($196M), Canada ($133M), and Italy ($109M).

Imports: In 2019 the top importers of Other fodder and forage products, roots, etc. were Japan ($763M), China ($502M), United Arab Emirates ($334M), South Korea ($317M), and Saudi Arabia ($229M).

Tariffs: In 2018 the average tariff for Other fodder and forage products, roots, etc. was 4.91%, making it the 4206th lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Other fodder and forage products, roots, etc. are Norway (173%), Cyprus (53.3%), South Korea (48.5%), Tunisia (36%), and India (24.5%). The countries with the lowest tariffs are Mauritius (0%), South Africa (0%), United Arab Emirates (0%), Hong Kong (0%), and Japan (0%).

Ranking: Other fodder and forage products, roots, etc. ranks 3937th in the Product Complexity Index (PCI).

Exporters and Importers

#permalink to section

Trade By Country

Top Origin (2019): United States, $1.49B

Top Destination (2019): Japan, $763M

Other fodder and forage products, roots, etc. are the world's 1096th most traded product.

In 2019, the top exporters of Other fodder and forage products, roots, etc. were United States ($1.49B), Australia ($333M), Spain ($196M), Canada ($133M), and Italy ($109M).

In 2019, the top importers of Other fodder and forage products, roots, etc. were Japan ($763M), China ($502M), United Arab Emirates ($334M), South Korea ($317M), and Saudi Arabia ($229M).

Explore Visualizations

Market Dynamics

#permalink to section

Trade by country

Value

Top Origin Growth (2018 -  2019): United States, $113M

Top Destination Growth (2018 - 2019): Japan, $65.9M

Between 2018 and 2019, the exports of Other fodder and forage products, roots, etc. grew the fastest in United States ($113M), Italy ($37.6M), Argentina ($30.1M), South Africa ($11.5M), and Turkey ($11.3M).

Between 2018 and 2019, the fastest growing importers of Other fodder and forage products, roots, etc. were Japan ($65.9M), United Arab Emirates ($60.7M), China ($47.3M), Saudi Arabia ($45.9M), and Chinese Taipei ($11.3M).

Explore Visualizations

Market Concentration

#permalink to section

Cumulative market share

This chart shows the evolution of the market concentration of exports of Other fodder and forage products, roots, etc..

In 2019,  market concentration measured using Shannon Entropy, was 2.59. This means that most of the exports of Other fodder and forage products, roots, etc. are explained by 6 countries.

Explore Visualizations

TOP NET EXPORTER (2019): United States, $1.42B

TOP NET IMPORTER (2019): Japan, $763M

This map shows which countries export or import more of Other fodder and forage products, roots, etc.. Each country is colored based on the difference in exports and imports of Other fodder and forage products, roots, etc. during 2019.

In 2019, the countries that had a largest trade value in exports than in imports of Other fodder and forage products, roots, etc. were United States ($1.42B), Australia ($331M), Spain ($190M), Canada ($110M), and Italy ($101M).

In 2019, the countries that had a largest trade value in imports than in exports of Other fodder and forage products, roots, etc. were Japan ($763M), China ($499M), United Arab Emirates ($333M), South Korea ($317M), and Saudi Arabia ($229M).

Import Tariffs

#permalink to section

In 2018, the average tariff for importing Other fodder and forage products, roots, etc. was 4.91%.  The countries with the highest tariffs for importing Other fodder and forage products, roots, etc. were Norway (173%), Cyprus (53.3%), South Korea (48.5%), Tunisia (36%), and India (24.5%).

Explore Tariff Data

Product Complexity

#permalink to section

Diversification Frontier

#permalink to section
Filter

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.