Sorghum1007 (Harmonized System 1992 for 4-digit)
World Trade (2019): $866M, Rnk 939 / 1217
Top Exporter (2019): $565M, United States
Top Importer (2019): $241M, China
Product Complexity (2019): -2.21, Rnk 944 / 961
Export Growth (CAGR)(2018 - 2019): -34.3%, Rnk 1198 / 1217
Mean Tariff (2018): 5.81%, Rnk 727 / 1259
Share of World Trade (2019): 0.0048%, Rnk 939 / 1217
Overview: This page contains the latest trade data of Sorghum. In 2019, Sorghum were the world's 939th most traded product, with a total trade of $866M. Between 2018 and 2019 the exports of Sorghum decreased by -34.3%, from $1.32B to $866M. Trade in Sorghum represent 0.0048% of total world trade.
Exports: In 2019 the top exporters of Sorghum were United States ($565M), Argentina ($74.9M), Sudan ($33.5M), France ($30.7M), and Australia ($29.9M).
Imports: In 2019 the top importers of Sorghum were China ($241M), Mexico ($147M), Spain ($88.8M), Japan ($82.1M), and Kenya ($41.2M).
Tariffs: In 2018 the average tariff for Sorghum was 5.81%, making it the 727th lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Sorghum are South Korea (275%), Turkey (43.1%), India (42.7%), Tunisia (36%), and Bahamas (31.2%). The countries with the lowest tariffs are Egypt (0%), Mauritius (0%), Hong Kong (0%), Indonesia (0%), and Laos (0%).
Ranking: Sorghum ranks 944th in the Product Complexity Index (PCI).
Trade By Country
Top Origin (2019): United States, $565M
Top Destination (2019): China, $241M
Sorghum are the world's 939th most traded product.
In 2019, the top exporters of Sorghum were United States ($565M), Argentina ($74.9M), Sudan ($33.5M), France ($30.7M), and Australia ($29.9M).
In 2019, the top importers of Sorghum were China ($241M), Mexico ($147M), Spain ($88.8M), Japan ($82.1M), and Kenya ($41.2M).
Trade by country
Top Origin Growth (2018 - 2019): Argentina, $21.6M
Top Destination Growth (2018 - 2019): Mexico, $83.9M
Between 2018 and 2019, the exports of Sorghum grew the fastest in Argentina ($21.6M), Sudan ($10.6M), Brazil ($5.97M), Hungary ($2.82M), and Tanzania ($2.61M).
Between 2018 and 2019, the fastest growing importers of Sorghum were Mexico ($83.9M), Italy ($6.24M), South Africa ($6.05M), Somalia ($5.23M), and Uganda ($4.89M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Sorghum.
In 2019, market concentration measured using Shannon Entropy, was 2.26. This means that most of the exports of Sorghum are explained by 4 countries.
TOP NET EXPORTER (2019): United States, $565M
TOP NET IMPORTER (2019): China, $224M
This map shows which countries export or import more of Sorghum. Each country is colored based on the difference in exports and imports of Sorghum during 2019.
In 2019, the countries that had a largest trade value in exports than in imports of Sorghum were United States ($565M), Argentina ($74.7M), Australia ($29.9M), France ($29.2M), and India ($23.8M).
In 2019, the countries that had a largest trade value in imports than in exports of Sorghum were China ($224M), Mexico ($147M), Spain ($86.7M), Japan ($82.1M), and Kenya ($21.4M).
In 2019, the world most traded Sorghum, disaggragated by their HS6 level were Grain sorghum ($866M)
In 2018, the average tariff for importing Sorghum was 5.81%. The countries with the highest tariffs for importing Sorghum were South Korea (275%), Turkey (43.1%), India (42.7%), Tunisia (36%), and Bahamas (31.2%).
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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