HS Icon Raw Tobacco

2401 (Harmonized System 1992 for 4-digit)

World Trade (2018): $11.4B, Rnk 298 / 1225

Top Exporter (2018): $1.96B, Brazil

Top Importer (2018): $1.76B, Belgium-Luxembourg

Export Growth (CAGR)(2017 - 2018): -0.14%, Rnk 1088 / 1225

Mean Tariff (2018): 20.1%, Rnk 107 / 1259

Share of World Trade (2018): 0.062%, Rnk 298 / 1225

Overview:  This page contains the latest trade data of Raw Tobacco. In 2018, Raw Tobacco were the world's 298th most traded product, with a total trade of $11.4B. Between 2017 and 2018 the exports of Raw Tobacco decreased by -0.14%, from  $11.4B to $11.4B. Trade in Raw Tobacco represent 0.062% of total world trade.

Exports: In 2018 the top exporters of Raw Tobacco  were Brazil ($1.96B), United States ($989M), Belgium-Luxembourg ($920M), Malawi ($694M), and India ($652M).

Imports: In 2018 the top importers of Raw Tobacco were Belgium-Luxembourg ($1.76B), Germany ($802M), Poland ($640M), United States ($614M), and Indonesia ($590M).

Tariffs: In 2018 the average tariff for Raw Tobacco was 20.1%, been the 107 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Raw Tobacco are Saudi Arabia (634%), Malaysia (405%), Maldives (195%), Poland (105%), and Jordan (95.7%). The countries with the lowest tariffs are Egypt (0%), South Africa (0%), Hong Kong (0%), Japan (0%), and Lebanon (0%).

Exporters and Importers

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Trade By Country

Top Origin (2018): Brazil, $1.96B

Top Destination (2018): Belgium-Luxembourg, $1.76B

Raw Tobacco are the world's 298th most traded product.

In 2018, the top exporters of Raw Tobacco were Brazil ($1.96B), United States ($989M), Belgium-Luxembourg ($920M), Malawi ($694M), and India ($652M).

In 2018, the top importers of Raw Tobacco were Belgium-Luxembourg ($1.76B), Germany ($802M), Poland ($640M), United States ($614M), and Indonesia ($590M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Belgium-Luxembourg, $469M

Top Destination Growth (2017 - 2018): Belgium-Luxembourg, $399M

Between 2017 and 2018, the exports of Raw Tobacco grew the fastest in Belgium-Luxembourg ($469M), Malawi ($74.5M), Argentina ($35.6M), Croatia ($30.7M), and South Africa ($27.4M).

Between 2017 and 2018, the fastest growing importers of Raw Tobacco were Belgium-Luxembourg ($399M), United Arab Emirates ($105M), Egypt ($83.2M), Poland ($62.4M), and Switzerland ($59.5M).

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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 Raw Tobacco.

In 2018,  market concentration measured using Shannon Entropy, was 4.69. This means that most of the exports of Raw Tobacco are explained by 25 countries.

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TOP NET EXPORTER (2018): Brazil, $1.93B

TOP NET IMPORTER (2018): Belgium-Luxembourg, $842M

This map shows which countries export or import more of Raw Tobacco. Each country is colored based on the difference in exports and imports of Raw Tobacco during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Raw Tobacco were Brazil ($1.93B), Malawi ($672M), India ($633M), Zimbabwe ($430M), and United States ($375M).

In 2018, the countries that had a largest trade value in imports than in exports of Raw Tobacco were Belgium-Luxembourg ($842M), Poland ($542M), Russia ($440M), Indonesia ($398M), and Germany ($379M).

Trade Forecasts

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This section shows forecasts for total trade for Raw Tobacco. 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 Raw Tobacco was 20.1%.  The countries with the highest tariffs for importing Raw Tobacco were Saudi Arabia (634%), Malaysia (405%), Maldives (195%), Poland (105%), and Jordan (95.7%).

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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.