Overview This page contains the latest trade data of Vegetable Products. In 2019, Vegetable Products were the world's 11th most traded product, with a total trade of $512B. Between 2018 and 2019 the exports of Vegetable Products decreased by -2.29%, from $524B to $512B. Trade in Vegetable Products represent 2.83% of total world trade.

Vegetable Products include Wheat, Soybeans, Corn, Coffee, Rice, Other Nuts, Citrus, Bananas, Other Vegetables, and Other Fruits, among others.

Exports In 2019 the top exporters of Vegetable Products  were United States ($63.6B), Brazil ($40.9B), Netherlands ($28.9B), China ($26B), and Spain ($21B).

Imports In 2019 the top importers of Vegetable Products were China ($59.4B), United States ($45.5B), Germany ($34.2B), Netherlands ($21.7B), and Japan ($18.6B).

Tariffs In 2018 the average tariff for Vegetable Products was 15.6%, making it the 4th lowest tariff using the Section product classification.

The countries with the highest import tariffs for Vegetable Products are South Korea (97.3%), Austria (75.6%), Bhutan (45.3%), Cyprus (38.7%), and Iran (37.5%). The countries with the lowest tariffs are Hong Kong (0%), Singapore (0%), Switzerland (0%), Australia (0.37%), and Mauritius (0.57%).

Ranking Vegetable Products ranks 19th in the Product Complexity Index (PCI).

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Y-AXIS SCALE

The following visualization shows the latest trends on Vegetable Products. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

* Using October 2021 exchange rates when trade data is reported in local currency.

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Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2019): United States, $63.6B

Top Destination (2019): China, $59.4B

Vegetable Products are the world's 11th most traded product.

In 2019, the top exporters of Vegetable Products were United States ($63.6B), Brazil ($40.9B), Netherlands ($28.9B), China ($26B), and Spain ($21B).

In 2019, the top importers of Vegetable Products were China ($59.4B), United States ($45.5B), Germany ($34.2B), Netherlands ($21.7B), and Japan ($18.6B).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): Argentina, $3.91B

Top Destination Growth (2018 - 2019): Turkey, $2.04B

Between 2018 and 2019, the exports of Vegetable Products grew the fastest in Argentina ($3.91B), China ($1.77B), Mexico ($1.48B), Ukraine ($1.43B), and Turkey ($947M).

Between 2018 and 2019, the fastest growing importers of Vegetable Products were Turkey ($2.04B), United States ($1.1B), Canada ($453M), Egypt ($430M), and Kyrgyzstan ($430M).

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Market Concentration

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Cumulative market share

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This chart shows the evolution of the market concentration of exports of Vegetable Products.

In 2019,  market concentration measured using Shannon Entropy, was 5.45. This means that most of the exports of Vegetable Products are explained by 43 countries.

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TOP NET EXPORTER (2019): Brazil, $36.5B

TOP NET IMPORTER (2019): China, $33.3B

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

In 2019, the countries that had a largest trade value in exports than in imports of Vegetable Products were Brazil ($36.5B), United States ($18.1B), Argentina ($14.1B), India ($10.1B), and Ukraine ($10B).

In 2019, the countries that had a largest trade value in imports than in exports of Vegetable Products were China ($33.3B), Germany ($20.6B), Japan ($17.7B), United Kingdom ($13.1B), and South Korea ($7.61B).

Disaggregation

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Value
Disaggregation

In 2019, the world most traded Vegetable Products, disaggragated by their HS6 level were Soya beans ($55.2B), Wheat except durum wheat, and meslin ($36B), Maize except seed corn ($33.3B), Rice, semi-milled or wholly milled ($20B), and Coffee, not roasted, not decaffeinated ($17.9B)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Vegetable Products.
It is possible to select the main countries that export or import Vegetable Products in the world, or by continent, as well as select the measure of interest.

Import Tariffs

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In 2018, the average tariff for importing Vegetable Products was 15.6%. The countries with the highest tariffs for importing Vegetable Products were South Korea (97.3%), Austria (75.6%), Bhutan (45.3%), Cyprus (38.7%), and Iran (37.5%).

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.