HS Icon Processed Tobacco

2403 (Harmonized System 1992 for 4-digit)

Overview:  This page contains the latest trade data of Processed Tobacco. In 2019, Processed Tobacco were the world's 355th most traded product, with a total trade of $8.7B. Between 2018 and 2019 the exports of Processed Tobacco grew by 8.85%, from $7.99B to $8.7B. Trade in Processed Tobacco represent 0.048% of total world trade.

Exports: In 2019 the top exporters of Processed Tobacco  were Italy ($1.45B), Netherlands ($836M), Germany ($815M), Poland ($514M), and Romania ($386M).

Imports: In 2019 the top importers of Processed Tobacco were Japan ($1.8B), Germany ($557M), United Arab Emirates ($303M), Poland ($278M), and Norway ($268M).

Tariffs: In 2018 the average tariff for Processed Tobacco was 31.6%, making it the 18th lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Processed Tobacco are Poland (230%), Sri Lanka (229%), Maldives (195%), Barbados (175%), and Saudi Arabia (153%). The countries with the lowest tariffs are Mauritius (0%), Hong Kong (0%), Singapore (0%), Switzerland (0%), and Norway (0%).

Ranking: Processed Tobacco ranks 746th 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): Italy, $1.45B

Top Destination (2019): Japan, $1.8B

Processed Tobacco are the world's 355th most traded product.

In 2019, the top exporters of Processed Tobacco were Italy ($1.45B), Netherlands ($836M), Germany ($815M), Poland ($514M), and Romania ($386M).

In 2019, the top importers of Processed Tobacco were Japan ($1.8B), Germany ($557M), United Arab Emirates ($303M), Poland ($278M), and Norway ($268M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): Italy, $427M

Top Destination Growth (2018 - 2019): Japan, $460M

Between 2018 and 2019, the exports of Processed Tobacco grew the fastest in Italy ($427M), Romania ($177M), Greece ($158M), United Arab Emirates ($69.9M), and Sweden ($57.7M).

Between 2018 and 2019, the fastest growing importers of Processed Tobacco were Japan ($460M), United Arab Emirates ($69.5M), Ukraine ($63M), Lithuania ($50.3M), and Poland ($48.8M).

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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 Processed Tobacco.

In 2019,  market concentration measured using Shannon Entropy, was 4.73. This means that most of the exports of Processed Tobacco are explained by 26 countries.

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TOP NET EXPORTER (2019): Italy, $1.31B

TOP NET IMPORTER (2019): Japan, $1.78B

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

In 2019, the countries that had a largest trade value in exports than in imports of Processed Tobacco were Italy ($1.31B), Netherlands ($651M), Sweden ($320M), Romania ($286M), and Germany ($258M).

In 2019, the countries that had a largest trade value in imports than in exports of Processed Tobacco were Japan ($1.78B), Norway ($265M), Spain ($248M), Iran ($235M), and Algeria ($153M).

Disaggregation

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Value

In 2019, the world most traded Processed Tobacco, disaggragated by their HS6 level were Cigarette or pipe tobacco and tobacco... ($4.23B), Products of tobacco, substitute nes, extract,... ($3.94B), and Homogenized or reconstituted tobacco ($538M)

Import Tariffs

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In 2018, the average tariff for importing Processed Tobacco was 31.6%. The countries with the highest tariffs for importing Processed Tobacco were Poland (230%), Sri Lanka (229%), Maldives (195%), Barbados (175%), and Saudi Arabia (153%).

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 Processed Tobacco to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.