Sausages1601 (Harmonized System 1992 for 4-digit)
World Trade (2018): $5.2B, Rnk 489 / 1225
Top Exporter (2018): $783M, Germany
Top Importer (2018): $672M, United Kingdom
Product Complexity (2018): 0.21, Rnk 466 / 1018
Export Growth (CAGR)(2017 - 2018): 13.1%, Rnk 612 / 1225
Mean Tariff (2018): 30.1%, Rnk 26 / 1259
Share of World Trade (2018): 0.028%, Rnk 489 / 1225
Overview: This page contains the latest trade data of Sausages. In 2018, Sausages were the world's 489th most traded product, with a total trade of $5.2B. Between 2017 and 2018 the exports of Sausages grew by 13.1%, from $4.6B to $5.2B. Trade in Sausages represent 0.028% of total world trade.
Exports: In 2018 the top exporters of Sausages were Germany ($783M), United States ($605M), Italy ($557M), Spain ($470M), and Poland ($352M).
Imports: In 2018 the top importers of Sausages were United Kingdom ($672M), Germany ($643M), France ($386M), Belgium-Luxembourg ($267M), and Canada ($209M).
Tariffs: In 2018 the average tariff for Sausages was 30.1%, been the 26 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 466th in the Product Complexity Index (PCI).
Trade By Country
Top Origin (2018): Germany, $783M
Top Destination (2018): United Kingdom, $672M
Sausages are the world's 489th most traded product.
In 2018, the top exporters of Sausages were Germany ($783M), United States ($605M), Italy ($557M), Spain ($470M), and Poland ($352M).
In 2018, the top importers of Sausages were United Kingdom ($672M), Germany ($643M), France ($386M), Belgium-Luxembourg ($267M), and Canada ($209M).
Trade by country
Between 2017 and 2018, the exports of Sausages grew the fastest in Poland ($101M), Spain ($81.2M), Austria ($68.8M), United States ($54M), and Germany ($49.6M).
Between 2017 and 2018, the fastest growing importers of Sausages were France ($79.3M), Germany ($74.4M), United Kingdom ($66.2M), Saudi Arabia ($54.5M), and Belgium-Luxembourg ($40.3M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Sausages.
In 2018, market concentration measured using Shannon Entropy, was 4.48. This means that most of the exports of Sausages are explained by 22 countries.
TOP NET EXPORTER (2018): United States, $546M
TOP NET IMPORTER (2018): United Kingdom, $630M
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 2018.
In 2018, the countries that had a largest trade value in exports than in imports of Sausages were United States ($546M), Italy ($491M), Spain ($360M), Poland ($313M), and Austria ($180M).
In 2018, the countries that had a largest trade value in imports than in exports of Sausages were United Kingdom ($630M), Japan ($203M), Canada ($174M), Belgium-Luxembourg ($154M), and France ($150M).
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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