Processed Tobacco2403 (Harmonized System 1992 for 4-digit)
World Trade (2018): $7.46B, Rnk 408 / 1225
Top Exporter (2018): $904M, Netherlands
Top Importer (2018): $1.14B, Japan
Product Complexity (2018): -0.74, Rnk 759 / 1018
Export Growth (CAGR)(2017 - 2018): 17.5%, Rnk 406 / 1225
Mean Tariff (2018): 31.6%, Rnk 18 / 1259
Share of World Trade (2018): 0.041%, Rnk 408 / 1225
Overview: This page contains the latest trade data of Processed Tobacco. In 2018, Processed Tobacco were the world's 408th most traded product, with a total trade of $7.46B. Between 2017 and 2018 the exports of Processed Tobacco grew by 17.5%, from $6.34B to $7.46B. Trade in Processed Tobacco represent 0.041% of total world trade.
Exports: In 2018 the top exporters of Processed Tobacco were Netherlands ($904M), Italy ($884M), Germany ($786M), Poland ($505M), and South Korea ($361M).
Imports: In 2018 the top importers of Processed Tobacco were Japan ($1.14B), Germany ($529M), Belgium-Luxembourg ($296M), Norway ($266M), and South Korea ($241M).
Tariffs: In 2018 the average tariff for Processed Tobacco was 31.6%, been the 18 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 759th in the Product Complexity Index (PCI).
Trade By Country
Top Origin (2018): Netherlands, $904M
Top Destination (2018): Japan, $1.14B
Processed Tobacco are the world's 408th most traded product.
In 2018, the top exporters of Processed Tobacco were Netherlands ($904M), Italy ($884M), Germany ($786M), Poland ($505M), and South Korea ($361M).
In 2018, the top importers of Processed Tobacco were Japan ($1.14B), Germany ($529M), Belgium-Luxembourg ($296M), Norway ($266M), and South Korea ($241M).
Trade by country
Top Origin Growth (2017 - 2018): South Korea, $226M
Top Destination Growth (2017 - 2018): Japan, $206M
Between 2017 and 2018, the exports of Processed Tobacco grew the fastest in South Korea ($226M), United Arab Emirates ($208M), Italy ($161M), Greece ($118M), and Zimbabwe ($91.8M).
Between 2017 and 2018, the fastest growing importers of Processed Tobacco were Japan ($206M), Egypt ($117M), Iran ($98.4M), South Korea ($94.3M), and Germany ($91.4M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Processed Tobacco.
In 2018, market concentration measured using Shannon Entropy, was 4.73. This means that most of the exports of Processed Tobacco are explained by 26 countries.
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 2018.
In 2018, the countries that had a largest trade value in exports than in imports of Processed Tobacco were Italy ($756M), Netherlands ($714M), Poland ($278M), Sweden ($264M), and Germany ($257M).
In 2018, the countries that had a largest trade value in imports than in exports of Processed Tobacco were Japan ($1.11B), Norway ($262M), Spain ($237M), Iran ($219M), and Egypt ($111M).
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%).
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.
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