Pepper0904 (Harmonized System 1992 for 4-digit)
World Trade (2019): $3.8B, Rnk 573 / 1217
Top Exporter (2019): $940M, India
Top Importer (2019): $580M, United States
Product Complexity (2019): -1.93, Rnk 932 / 961
Export Growth (CAGR)(2018 - 2019): 0.27%, Rnk 375 / 1217
Mean Tariff (2018): 10.6%, Rnk 392 / 1259
Share of World Trade (2019): 0.021%, Rnk 573 / 1217
Overview: This page contains the latest trade data of Pepper. In 2019, Pepper were the world's 573rd most traded product, with a total trade of $3.8B. Between 2018 and 2019 the exports of Pepper grew by 0.27%, from $3.78B to $3.8B. Trade in Pepper represent 0.021% of total world trade.
Exports: In 2019 the top exporters of Pepper were India ($940M), Vietnam ($708M), China ($560M), Brazil ($194M), and Spain ($192M).
Imports: In 2019 the top importers of Pepper were United States ($580M), China ($461M), Thailand ($201M), Germany ($185M), and Spain ($144M).
Tariffs: In 2018 the average tariff for Pepper was 10.6%, making it the 392nd lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Pepper are South Korea (137%), India (64.1%), Turkey (46.9%), Hungary (42.5%), and Thailand (37.9%). The countries with the lowest tariffs are Hong Kong (0%), Maldives (0%), Singapore (0%), Switzerland (0%), and Norway (0%).
Ranking: Pepper ranks 932nd in the Product Complexity Index (PCI).
Trade By Country
Top Origin (2019): India, $940M
Top Destination (2019): United States, $580M
Pepper are the world's 573rd most traded product.
In 2019, the top exporters of Pepper were India ($940M), Vietnam ($708M), China ($560M), Brazil ($194M), and Spain ($192M).
In 2019, the top importers of Pepper were United States ($580M), China ($461M), Thailand ($201M), Germany ($185M), and Spain ($144M).
Trade by country
Between 2018 and 2019, the exports of Pepper grew the fastest in India ($180M), Uzbekistan ($65.9M), Thailand ($8.99M), United Arab Emirates ($6.63M), and Peru ($6.39M).
Between 2018 and 2019, the fastest growing importers of Pepper were China ($244M), Turkey ($65M), Bangladesh ($23.1M), Thailand ($19M), and Burma ($13.4M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Pepper.
In 2019, market concentration measured using Shannon Entropy, was 3.88. This means that most of the exports of Pepper are explained by 14 countries.
TOP NET EXPORTER (2019): India, $815M
TOP NET IMPORTER (2019): United States, $525M
This map shows which countries export or import more of Pepper. Each country is colored based on the difference in exports and imports of Pepper during 2019.
In 2019, the countries that had a largest trade value in exports than in imports of Pepper were India ($815M), Vietnam ($605M), Brazil ($188M), China ($99.5M), and Peru ($91.1M).
In 2019, the countries that had a largest trade value in imports than in exports of Pepper were United States ($525M), Thailand ($168M), Japan ($96.7M), United Kingdom ($87.6M), and Germany ($77.8M).
In 2019, the world most traded Pepper, disaggragated by their HS6 level were Capsicum or Pimenta, dried, crushed or... ($2.16B), Pepper of the genus Piper, whole ($1.27B), and Pepper of the genus Piper, crushed... ($370M)
In 2018, the average tariff for importing Pepper was 10.6%. The countries with the highest tariffs for importing Pepper were South Korea (137%), India (64.1%), Turkey (46.9%), Hungary (42.5%), and Thailand (37.9%).
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.
Have questions, comments, or concerns?
Send us an e-mail: [email protected]
v4.0.6 ant