HS Icon Sausages

1601 (Harmonized System 1992 for 4-digit)

World Trade (2019): $5.23B, Rnk 479 / 1217

Top Exporter (2019): $793M, Germany

Top Importer (2019): $670M, United Kingdom

Product Complexity (2019): 0.22, Rnk 455 / 961

Export Growth (CAGR)(2018 - 2019): -0.085%, Rnk 402 / 1217

Mean Tariff (2018): 30.1%, Rnk 26 / 1259

Share of World Trade (2019): 0.029%, Rnk 479 / 1217

Overview:  This page contains the latest trade data of Sausages. In 2019, Sausages were the world's 479th most traded product, with a total trade of $5.23B. Between 2018 and 2019 the exports of Sausages decreased by -0.085%, from  $5.24B to $5.23B. Trade in Sausages represent 0.029% of total world trade.

Exports: In 2019 the top exporters of Sausages  were Germany ($793M), United States ($620M), Italy ($564M), Spain ($467M), and Poland ($355M).

Imports: In 2019 the top importers of Sausages were United Kingdom ($670M), Germany ($650M), France ($389M), Belgium ($238M), and Netherlands ($220M).

Tariffs: In 2018 the average tariff for Sausages was 30.1%, making it the 26th lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Sausages are Barbados (174%), Iceland (152%), Turkey (95.9%), India (85%), and Cyprus (75.8%). The countries with the lowest tariffs are Mauritius (0%), Armenia (0%), Hong Kong (0%), Kazakhstan (0%), and Kyrgyzstan (0%).

Ranking: Sausages ranks 455th in the Product Complexity Index (PCI).

Exporters and Importers

#permalink to section

Trade By Country

Top Origin (2019): Germany, $793M

Top Destination (2019): United Kingdom, $670M

Sausages are the world's 479th most traded product.

In 2019, the top exporters of Sausages were Germany ($793M), United States ($620M), Italy ($564M), Spain ($467M), and Poland ($355M).

In 2019, the top importers of Sausages were United Kingdom ($670M), Germany ($650M), France ($389M), Belgium ($238M), and Netherlands ($220M).

Explore Visualizations

Market Dynamics

#permalink to section

Trade by country

Value

Top Origin Growth (2018 -  2019): Belgium, $24.5M

Top Destination Growth (2018 - 2019): Netherlands, $23.1M

Between 2018 and 2019, the exports of Sausages grew the fastest in Belgium ($24.5M), Austria ($20.4M), Brazil ($12.1M), Slovakia ($12M), and Thailand ($11.7M).

Between 2018 and 2019, the fastest growing importers of Sausages were Netherlands ($23.1M), United States ($17.5M), Hungary ($12.2M), Cambodia ($12.1M), and Japan ($11.6M).

Explore Visualizations

Market Concentration

#permalink to section

Cumulative market share

This chart shows the evolution of the market concentration of exports of Sausages.

In 2019,  market concentration measured using Shannon Entropy, was 4.46. This means that most of the exports of Sausages are explained by 22 countries.

Explore Visualizations

TOP NET EXPORTER (2019): United States, $543M

TOP NET IMPORTER (2019): United Kingdom, $631M

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

In 2019, the countries that had a largest trade value in exports than in imports of Sausages were United States ($543M), Italy ($489M), Spain ($355M), Poland ($309M), and Austria ($206M).

In 2019, the countries that had a largest trade value in imports than in exports of Sausages were United Kingdom ($631M), Japan ($215M), Canada ($172M), France ($166M), and Mexico ($138M).

Disaggregation

#permalink to section
Value

In 2019, the world most traded Sausages, disaggragated by their HS6 level were Sausages, similar products of meat, meat... ($5.23B)

Import Tariffs

#permalink to section

In 2018, the average tariff for importing Sausages was 30.1%.  The countries with the highest tariffs for importing Sausages were Barbados (174%), Iceland (152%), Turkey (95.9%), India (85%), and Cyprus (75.8%).

Explore Tariff Data

Product Complexity

#permalink to section

Diversification Frontier

#permalink to section
Filter

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.