HS Icon Peptones

3504 (Harmonized System 1992 for 4-digit)

World Trade (2018): $2.86B, Rnk 640 / 1225

Top Exporter (2018): $498M, China

Top Importer (2018): $344M, Netherlands

Export Growth (CAGR)(2017 - 2018): 22.5%, Rnk 277 / 1225

Mean Tariff (2018): 3.58%, Rnk 1068 / 1259

Share of World Trade (2018): 0.016%, Rnk 640 / 1225

Overview:  This page contains the latest trade data of Peptones. In 2018, Peptones were the world's 640th most traded product, with a total trade of $2.86B. Between 2017 and 2018 the exports of Peptones grew by 22.5%, from  $2.34B to $2.86B. Trade in Peptones represent 0.016% of total world trade.

Exports: In 2018 the top exporters of Peptones  were China ($498M), United States ($468M), France ($314M), Belgium-Luxembourg ($211M), and Germany ($198M).

Imports: In 2018 the top importers of Peptones were Netherlands ($344M), United States ($321M), Germany ($208M), Japan ($194M), and France ($145M).

Tariffs: In 2018 the average tariff for Peptones was 3.58%, been the 1068 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%).

Exporters and Importers

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Trade By Country

Top Origin (2018): China, $498M

Top Destination (2018): Netherlands, $344M

Peptones are the world's 640th most traded product.

In 2018, the top exporters of Peptones were China ($498M), United States ($468M), France ($314M), Belgium-Luxembourg ($211M), and Germany ($198M).

In 2018, the top importers of Peptones were Netherlands ($344M), United States ($321M), Germany ($208M), Japan ($194M), and France ($145M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): United States, $99.7M

Top Destination Growth (2017 - 2018): Netherlands, $118M

Between 2017 and 2018, the exports of Peptones grew the fastest in United States ($99.7M), France ($77.4M), Germany ($56.7M), Netherlands ($53.9M), and Denmark ($50.5M).

Between 2017 and 2018, the fastest growing importers of Peptones were Netherlands ($118M), Canada ($91.1M), United States ($70.6M), China ($30.6M), and Ireland ($26.8M).

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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 2018,  market concentration measured using Shannon Entropy, was 4.06. This means that most of the exports of Peptones are explained by 16 countries.

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TOP NET EXPORTER (2018): China, $414M

TOP NET IMPORTER (2018): Japan, $153M

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 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Peptones were China ($414M), France ($168M), United States ($147M), Denmark ($126M), and Belgium-Luxembourg ($110M).

In 2018, the countries that had a largest trade value in imports than in exports of Peptones were Japan ($153M), Netherlands ($151M), Canada ($105M), Russia ($99.6M), and Mexico ($56.7M).

Trade Forecasts

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This section shows forecasts for total trade for Peptones. The forecast is based in a long short-term memory model or LSTM constructed using yearly trade data.

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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%).

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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.