HS Icon Sardine, brisling, sprat prepared/preserved,not mince

160413 (Harmonized System 1992 for 6-digit)

World Trade (2018): $1.15B, Rnk 1876 / 4726

Top Exporter (2018): $501M, Morocco

Top Importer (2018): $125M, United States

Product Complexity (2018): -1.25, Rnk 2355 / 2722

Export Growth (CAGR)(2017 - 2018): 28.3%, Rnk 877 / 4726

Mean Tariff (2018): 16.1%, Rnk 952 / 6538

Share of World Trade (2018): 0.0063%, Rnk 1876 / 4726

Overview:  This page contains the latest trade data of Sardine, brisling, sprat prepared/preserved,not mince. In 2018, Sardine, brisling, sprat prepared/preserved,not mince were the world's 1876th most traded product, with a total trade of $1.15B. Between 2017 and 2018 the exports of Sardine, brisling, sprat prepared/preserved,not mince grew by 28.3%, from  $897M to $1.15B. Trade in Sardine, brisling, sprat prepared/preserved,not mince represent 0.0063% of total world trade.

Exports: In 2018 the top exporters of Sardine, brisling, sprat prepared/preserved,not mince  were Morocco ($501M), Thailand ($146M), China ($73.6M), Portugal ($59.1M), and Poland ($45.7M).

Imports: In 2018 the top importers of Sardine, brisling, sprat prepared/preserved,not mince were United States ($125M), France ($88.3M), South Africa ($83.3M), Germany ($47.1M), and United Kingdom ($46.3M).

Tariffs: In 2018 the average tariff for Sardine, brisling, sprat prepared/preserved,not mince was 16.1%, making it the 952nd lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Sardine, brisling, sprat prepared/preserved,not mince are Turkey (76%), Thailand (53.2%), Cape Verde (40%), Tunisia (36%), and Sudan (35%). The countries with the lowest tariffs are Mauritius (0%), Hong Kong (0%), Maldives (0%), Singapore (0%), and Switzerland (0%).

Ranking: Sardine, brisling, sprat prepared/preserved,not mince ranks 2355th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): Morocco, $501M

Top Destination (2018): United States, $125M

Sardine, brisling, sprat prepared/preserved,not mince are the world's 1876th most traded product.

In 2018, the top exporters of Sardine, brisling, sprat prepared/preserved,not mince were Morocco ($501M), Thailand ($146M), China ($73.6M), Portugal ($59.1M), and Poland ($45.7M).

In 2018, the top importers of Sardine, brisling, sprat prepared/preserved,not mince were United States ($125M), France ($88.3M), South Africa ($83.3M), Germany ($47.1M), and United Kingdom ($46.3M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Morocco, $218M

Top Destination Growth (2017 - 2018): Nigeria, $28.3M

Between 2017 and 2018, the exports of Sardine, brisling, sprat prepared/preserved,not mince grew the fastest in Morocco ($218M), Thailand ($54.3M), Croatia ($24.8M), Latvia ($9.37M), and Indonesia ($9.28M).

Between 2017 and 2018, the fastest growing importers of Sardine, brisling, sprat prepared/preserved,not mince were Nigeria ($28.3M), South Africa ($27.4M), Ghana ($24M), Gabon ($21.9M), and Mauritania ($13M).

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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 Sardine, brisling, sprat prepared/preserved,not mince.

In 2018,  market concentration measured using Shannon Entropy, was 3.4. This means that most of the exports of Sardine, brisling, sprat prepared/preserved,not mince are explained by 10 countries.

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TOP NET EXPORTER (2018): Morocco, $499M

TOP NET IMPORTER (2018): United States, $121M

This map shows which countries export or import more of Sardine, brisling, sprat prepared/preserved,not mince. Each country is colored based on the difference in exports and imports of Sardine, brisling, sprat prepared/preserved,not mince during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Sardine, brisling, sprat prepared/preserved,not mince were Morocco ($499M), Thailand ($138M), China ($72.3M), Portugal ($55M), and Poland ($40.6M).

In 2018, the countries that had a largest trade value in imports than in exports of Sardine, brisling, sprat prepared/preserved,not mince were United States ($121M), France ($83.5M), South Africa ($80.8M), Germany ($39.7M), and Ghana ($38M).

Import Tariffs

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In 2018, the average tariff for importing Sardine, brisling, sprat prepared/preserved,not mince was 16.1%.  The countries with the highest tariffs for importing Sardine, brisling, sprat prepared/preserved,not mince were Turkey (76%), Thailand (53.2%), Cape Verde (40%), Tunisia (36%), and Sudan (35%).

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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.