HS Icon Potatoes, prepared, frozen

200410 (Harmonized System 1992 for 6-digit)

 2019
World Trade
: $7.86B, Rnk 395 / 4648

2019
Top Exporter | Top Importer
: $2.12B | $992M, Belgium | United States

2019
Product Complexity
: 0.43, Rnk 1814 / 4826

2018 - 2019
Export Growth (CAGR)
: 5.68%, Rnk 701 / 4648

2018
Mean Tariff
: 28.5%, Rnk 141 / 6538

 2019
Share of World Trade
: 0.043%, Rnk 395 / 4648

Overview:  This page contains the latest trade data of Potatoes, prepared, frozen. In 2019, Potatoes, prepared, frozen were the world's 395th most traded product, with a total trade of $7.86B. Between 2018 and 2019 the exports of Potatoes, prepared, frozen grew by 5.68%, from  $7.43B to $7.86B. Trade in Potatoes, prepared, frozen represent 0.043% of total world trade.

Exports: In 2019 the top exporters of Potatoes, prepared, frozen  were Belgium ($2.12B), Netherlands ($1.85B), United States ($1.27B), Canada ($1.07B), and France ($394M).

Imports: In 2019 the top importers of Potatoes, prepared, frozen were United States ($992M), United Kingdom ($746M), France ($532M), Japan ($426M), and Germany ($358M).

Tariffs: In 2018 the average tariff for Potatoes, prepared, frozen was 28.5%, making it the 141st lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Potatoes, prepared, frozen are Finland (115%), Lebanon (61.1%), Thailand (57.8%), Angola (50%), and Poland (49%). The countries with the lowest tariffs are Mauritius (0%), Hong Kong (0%), Maldives (0%), Philippines (0%), and Singapore (0%).

Ranking: Potatoes, prepared, frozen ranks 1814th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2019): Belgium, $2.12B

Top Destination (2019): United States, $992M

Potatoes, prepared, frozen are the world's 395th most traded product.

In 2019, the top exporters of Potatoes, prepared, frozen were Belgium ($2.12B), Netherlands ($1.85B), United States ($1.27B), Canada ($1.07B), and France ($394M).

In 2019, the top importers of Potatoes, prepared, frozen were United States ($992M), United Kingdom ($746M), France ($532M), Japan ($426M), and Germany ($358M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): Belgium, $267M

Top Destination Growth (2018 - 2019): United Kingdom, $51.9M

Between 2018 and 2019, the exports of Potatoes, prepared, frozen grew the fastest in Belgium ($267M), United States ($111M), Argentina ($44.8M), Egypt ($21.4M), and Turkey ($13.9M).

Between 2018 and 2019, the fastest growing importers of Potatoes, prepared, frozen were United Kingdom ($51.9M), Germany ($38.8M), Saudi Arabia ($36.8M), Brazil ($31.3M), and South Korea ($19.7M).

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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 Potatoes, prepared, frozen.

In 2019,  market concentration measured using Shannon Entropy, was 2.98. This means that most of the exports of Potatoes, prepared, frozen are explained by 7 countries.

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TOP NET EXPORTER (2019): Belgium, $2.01B

TOP NET IMPORTER (2019): United Kingdom, $685M

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

In 2019, the countries that had a largest trade value in exports than in imports of Potatoes, prepared, frozen were Belgium ($2.01B), Netherlands ($1.51B), Canada ($988M), United States ($275M), and Argentina ($209M).

In 2019, the countries that had a largest trade value in imports than in exports of Potatoes, prepared, frozen were United Kingdom ($685M), Japan ($424M), Italy ($309M), Brazil ($298M), and Saudi Arabia ($249M).

Import Tariffs

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In 2018, the average tariff for importing Potatoes, prepared, frozen was 28.5%.  The countries with the highest tariffs for importing Potatoes, prepared, frozen were Finland (115%), Lebanon (61.1%), Thailand (57.8%), Angola (50%), and Poland (49%).

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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.