HS Icon Root Vegetables

0706 (Harmonized System 1992 for 4-digit)

Overview This page contains the latest trade data of Root Vegetables. In 2019, Root Vegetables were the world's 725th most traded product, with a total trade of $2.02B. Between 2018 and 2019 the exports of Root Vegetables decreased by -3.27%, from $2.08B to $2.02B. Trade in Root Vegetables represent 0.011% of total world trade.

Exports In 2019 the top exporters of Root Vegetables  were China ($423M), Netherlands ($306M), Italy ($150M), United States ($136M), and Spain ($105M).

Imports In 2019 the top importers of Root Vegetables were Germany ($259M), United States ($179M), Canada ($133M), Russia ($120M), and France ($112M).

Tariffs In 2018 the average tariff for Root Vegetables was 28.7%, making it the 29th lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Root Vegetables are Austria (231%), Iceland (102%), Barbados (70.5%), Cyprus (64.6%), and Turkmenistan (58.3%). The countries with the lowest tariffs are Mauritius (0%), South Africa (0%), United Arab Emirates (0%), Hong Kong (0%), and Kuwait (0%).

Ranking Root Vegetables ranks 725th 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): China, $423M

Top Destination (2019): Germany, $259M

Root Vegetables are the world's 725th most traded product.

In 2019, the top exporters of Root Vegetables were China ($423M), Netherlands ($306M), Italy ($150M), United States ($136M), and Spain ($105M).

In 2019, the top importers of Root Vegetables were Germany ($259M), United States ($179M), Canada ($133M), Russia ($120M), and France ($112M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): Uzbekistan, $20.7M

Top Destination Growth (2018 - 2019): Kyrgyzstan, $10.4M

Between 2018 and 2019, the exports of Root Vegetables grew the fastest in Uzbekistan ($20.7M), Hungary ($3.67M), Guatemala ($3.16M), Portugal ($2.37M), and Austria ($2.11M).

Between 2018 and 2019, the fastest growing importers of Root Vegetables were Kyrgyzstan ($10.4M), Poland ($9.38M), Kazakhstan ($9.33M), Vietnam ($7.92M), and Romania ($5.98M).

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Market Concentration

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Cumulative market share

Value

This chart shows the evolution of the market concentration of exports of Root Vegetables.

In 2019,  market concentration measured using Shannon Entropy, was 4.27. This means that most of the exports of Root Vegetables are explained by 19 countries.

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TOP NET EXPORTER (2019): China, $422M

TOP NET IMPORTER (2019): Germany, $215M

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

In 2019, the countries that had a largest trade value in exports than in imports of Root Vegetables were China ($422M), Netherlands ($245M), Italy ($136M), Spain ($89.5M), and Israel ($83.3M).

In 2019, the countries that had a largest trade value in imports than in exports of Root Vegetables were Germany ($215M), Russia ($116M), South Korea ($76.5M), France ($64.6M), and Hong Kong ($62.1M).

Disaggregation

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Value

In 2019, the world most traded Root Vegetables, disaggragated by their HS6 level were Carrots and turnips, fresh or chilled ($1.42B) and Beetroot,salsify,celeriac,radishes etc. fresh, chille ($595M)

Import Tariffs

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In 2018, the average tariff for importing Root Vegetables was 28.7%. The countries with the highest tariffs for importing Root Vegetables were Austria (231%), Iceland (102%), Barbados (70.5%), Cyprus (64.6%), and Turkmenistan (58.3%).

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