HS Icon Other Vegetable Residues and Waste

2308 (Harmonized System 1992 for 4-digit)

World Trade (2019): $1.06B, Rnk 895 / 1217

Top Exporter (2019): $232M, Argentina

Top Importer (2019): $117M, United Kingdom

Product Complexity (2019): -0.85, Rnk 745 / 961

Export Growth (CAGR)(2018 - 2019): -8.33%, Rnk 900 / 1217

Mean Tariff (2018): 18.5%, Rnk 132 / 1259

Share of World Trade (2019): 0.0059%, Rnk 895 / 1217

Overview:  This page contains the latest trade data of Other Vegetable Residues and Waste. In 2019, Other Vegetable Residues and Waste were the world's 895th most traded product, with a total trade of $1.06B. Between 2018 and 2019 the exports of Other Vegetable Residues and Waste decreased by -8.33%, from  $1.16B to $1.06B. Trade in Other Vegetable Residues and Waste represent 0.0059% of total world trade.

Exports: In 2019 the top exporters of Other Vegetable Residues and Waste  were Argentina ($232M), United States ($100M), India ($100M), Brazil ($99.3M), and China ($74.1M).

Imports: In 2019 the top importers of Other Vegetable Residues and Waste were United Kingdom ($117M), Netherlands ($99.4M), Norway ($81.7M), Germany ($74.7M), and Ireland ($69.6M).

Tariffs: In 2018 the average tariff for Other Vegetable Residues and Waste was 18.5%, making it the 132nd lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Other Vegetable Residues and Waste are Austria (296%), Iceland (54.4%), Bahamas (40.2%), Tunisia (36%), and Bulgaria (30%). The countries with the lowest tariffs are Angola (0%), Madagascar (0%), Mauritius (0%), South Africa (0%), and Hong Kong (0%).

Ranking: Other Vegetable Residues and Waste ranks 745th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2019): Argentina, $232M

Top Destination (2019): United Kingdom, $117M

Other Vegetable Residues and Waste are the world's 895th most traded product.

In 2019, the top exporters of Other Vegetable Residues and Waste were Argentina ($232M), United States ($100M), India ($100M), Brazil ($99.3M), and China ($74.1M).

In 2019, the top importers of Other Vegetable Residues and Waste were United Kingdom ($117M), Netherlands ($99.4M), Norway ($81.7M), Germany ($74.7M), and Ireland ($69.6M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): Indonesia, $13.4M

Top Destination Growth (2018 - 2019): Burma, $32.5M

Between 2018 and 2019, the exports of Other Vegetable Residues and Waste grew the fastest in Indonesia ($13.4M), Brazil ($7.56M), Belgium ($6.8M), Sweden ($5.92M), and United States ($3.74M).

Between 2018 and 2019, the fastest growing importers of Other Vegetable Residues and Waste were Burma ($32.5M), China ($11.6M), Morocco ($11.5M), Norway ($10.2M), and Netherlands ($5.32M).

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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 Other Vegetable Residues and Waste.

In 2019,  market concentration measured using Shannon Entropy, was 4.4. This means that most of the exports of Other Vegetable Residues and Waste are explained by 21 countries.

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TOP NET EXPORTER (2019): Argentina, $232M

TOP NET IMPORTER (2019): United Kingdom, $107M

This map shows which countries export or import more of Other Vegetable Residues and Waste. Each country is colored based on the difference in exports and imports of Other Vegetable Residues and Waste during 2019.

In 2019, the countries that had a largest trade value in exports than in imports of Other Vegetable Residues and Waste were Argentina ($232M), India ($98M), Brazil ($94.4M), United States ($33.1M), and Sweden ($26.3M).

In 2019, the countries that had a largest trade value in imports than in exports of Other Vegetable Residues and Waste were United Kingdom ($107M), Norway ($71.7M), Japan ($66.9M), Ireland ($62.8M), and Germany ($57M).

Disaggregation

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Value

In 2019, the world most traded Other Vegetable Residues and Waste, disaggragated by their HS6 level were Vegetable wastes and residues nes for... ($1.06B)

Import Tariffs

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In 2018, the average tariff for importing Other Vegetable Residues and Waste was 18.5%.  The countries with the highest tariffs for importing Other Vegetable Residues and Waste were Austria (296%), Iceland (54.4%), Bahamas (40.2%), Tunisia (36%), and Bulgaria (30%).

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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.