Other Vegetable Residues2306 (Harmonized System 1992 for 4-digit)
World Trade (2018): $6.96B, Rnk 426 / 1225
Top Exporter (2018): $1.34B, Canada
Top Importer (2018): $958M, United States
Product Complexity (2018): -1.12, Rnk 846 / 1018
Export Growth (CAGR)(2017 - 2018): 26.2%, Rnk 217 / 1225
Mean Tariff (2018): 4.79%, Rnk 856 / 1259
Share of World Trade (2018): 0.038%, Rnk 426 / 1225
Overview: This page contains the latest trade data of Other Vegetable Residues. In 2018, Other Vegetable Residues were the world's 426th most traded product, with a total trade of $6.96B. Between 2017 and 2018 the exports of Other Vegetable Residues grew by 26.2%, from $5.51B to $6.96B. Trade in Other Vegetable Residues represent 0.038% of total world trade.
Exports: In 2018 the top exporters of Other Vegetable Residues were Canada ($1.34B), Ukraine ($935M), Indonesia ($758M), Germany ($449M), and India ($362M).
Imports: In 2018 the top importers of Other Vegetable Residues were United States ($958M), Netherlands ($696M), China ($629M), France ($349M), and Germany ($346M).
Tariffs: In 2018 the average tariff for Other Vegetable Residues was 4.79%, making it the 856th lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Other Vegetable Residues are Iceland (52.7%), Bahamas (40.3%), Tunisia (36%), Algeria (27.6%), and Maldives (24.5%). The countries with the lowest tariffs are Angola (0%), Madagascar (0%), Mauritania (0%), Mauritius (0%), and Hong Kong (0%).
Ranking: Other Vegetable Residues ranks 846th in the Product Complexity Index (PCI).
Trade By Country
Top Origin (2018): Canada, $1.34B
Top Destination (2018): United States, $958M
Other Vegetable Residues are the world's 426th most traded product.
In 2018, the top exporters of Other Vegetable Residues were Canada ($1.34B), Ukraine ($935M), Indonesia ($758M), Germany ($449M), and India ($362M).
In 2018, the top importers of Other Vegetable Residues were United States ($958M), Netherlands ($696M), China ($629M), France ($349M), and Germany ($346M).
Trade by country
Between 2017 and 2018, the exports of Other Vegetable Residues grew the fastest in Indonesia ($200M), Canada ($152M), India ($128M), Ukraine ($115M), and United Arab Emirates ($107M).
Between 2017 and 2018, the fastest growing importers of Other Vegetable Residues were China ($278M), Netherlands ($201M), Vietnam ($115M), South Korea ($90.9M), and Thailand ($69.5M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Other Vegetable Residues.
In 2018, market concentration measured using Shannon Entropy, was 4.39. This means that most of the exports of Other Vegetable Residues are explained by 20 countries.
TOP NET EXPORTER (2018): Canada, $1.34B
TOP NET IMPORTER (2018): United States, $911M
This map shows which countries export or import more of Other Vegetable Residues. Each country is colored based on the difference in exports and imports of Other Vegetable Residues during 2018.
In 2018, the countries that had a largest trade value in exports than in imports of Other Vegetable Residues were Canada ($1.34B), Ukraine ($934M), Indonesia ($740M), Malaysia ($318M), and Russia ($276M).
In 2018, the countries that had a largest trade value in imports than in exports of Other Vegetable Residues were United States ($911M), China ($565M), Netherlands ($471M), South Korea ($283M), and New Zealand ($280M).
In 2018, the world most traded Other Vegetable Residues, disaggragated by their HS6 level were Rape or colza seed oil-cake and... ($3.17B), Sunflower seed oil-cake and other solid... ($1.96B), Palm nut or kernel oil cake... ($1.14B), Vegetable oil-cake and other solid residues... ($345M), and Coconut or copra oil-cake and other... ($148M)
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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