Overview:  This page contains the latest trade data of Peptones. In 2019, Peptones were the world's 617th most traded product, with a total trade of $3.19B. Between 2018 and 2019 the exports of Peptones grew by 11.3%, from $2.86B to $3.19B. Trade in Peptones represent 0.018% of total world trade.

Exports: In 2019 the top exporters of Peptones  were China ($528M), United States ($509M), France ($343M), Netherlands ($238M), and Germany ($237M).

Imports: In 2019 the top importers of Peptones were United States ($486M), Netherlands ($397M), Germany ($251M), Japan ($207M), and France ($131M).

Tariffs: In 2018 the average tariff for Peptones was 3.58%, making it the 1068th lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Peptones are Canada (78.6%), Bahamas (40.2%), Bermuda (25%), Maldives (24.5%), and Ethiopia (19.8%). The countries with the lowest tariffs are Angola (0%), Mauritius (0%), South Africa (0%), Zambia (0%), and Hong Kong (0%).

Ranking: Peptones ranks 311th in the Product Complexity Index (PCI).

Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2019): China, $528M

Top Destination (2019): United States, $486M

Peptones are the world's 617th most traded product.

In 2019, the top exporters of Peptones were China ($528M), United States ($509M), France ($343M), Netherlands ($238M), and Germany ($237M).

In 2019, the top importers of Peptones were United States ($486M), Netherlands ($397M), Germany ($251M), Japan ($207M), and France ($131M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): Brazil, $58.7M

Top Destination Growth (2018 - 2019): United States, $164M

Between 2018 and 2019, the exports of Peptones grew the fastest in Brazil ($58.7M), Netherlands ($44M), United States ($41.7M), Canada ($39.1M), and Germany ($38.5M).

Between 2018 and 2019, the fastest growing importers of Peptones were United States ($164M), Netherlands ($52.6M), Germany ($43.5M), South Korea ($20.2M), and China ($18.3M).

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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 Peptones.

In 2019,  market concentration measured using Shannon Entropy, was 4.12. This means that most of the exports of Peptones are explained by 17 countries.

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TOP NET EXPORTER (2019): China, $425M

TOP NET IMPORTER (2019): Netherlands, $159M

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

In 2019, the countries that had a largest trade value in exports than in imports of Peptones were China ($425M), France ($212M), Belgium ($127M), Denmark ($118M), and Brazil ($99.6M).

In 2019, the countries that had a largest trade value in imports than in exports of Peptones were Netherlands ($159M), Japan ($157M), Russia ($101M), Canada ($63.3M), and Mexico ($60M).

Disaggregation

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Value

In 2019, the world most traded Peptones, disaggragated by their HS6 level were Peptones, proteins and derivatives, nes, hide... ($3.19B)

Import Tariffs

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In 2018, the average tariff for importing Peptones was 3.58%. The countries with the highest tariffs for importing Peptones were Canada (78.6%), Bahamas (40.2%), Bermuda (25%), Maldives (24.5%), and Ethiopia (19.8%).

Product Complexity

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Diversification Frontier

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Specialization

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.

Country by Relatedness

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The following visualization shows the relatedness of Peptones to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.