HS Icon Vegetable wastes and residues nes for animal feed

230890 (Harmonized System 1992 for 6-digit)

Overview This page contains the latest trade data of Vegetable wastes and residues nes for animal feed. In 2019, Vegetable wastes and residues nes for animal feed were the world's 1921st most traded product, with a total trade of $1.06B. Between 2018 and 2019 the exports of Vegetable wastes and residues nes for animal feed decreased by -8.33%, from $1.16B to $1.06B. Trade in Vegetable wastes and residues nes for animal feed represent 0.0059% of total world trade.

Exports In 2019 the top exporters of Vegetable wastes and residues nes for animal feed  were Argentina ($232M), United States ($100M), India ($100M), Brazil ($99.3M), and China ($74.1M).

Imports In 2019 the top importers of Vegetable wastes and residues nes for animal feed were United Kingdom ($117M), Netherlands ($99.4M), Norway ($81.7M), Germany ($74.7M), and Ireland ($69.6M).

Tariffs In 2018 the average tariff for Vegetable wastes and residues nes for animal feed was 64.3%, making it the 9th lowest tariff using the HS6 product classification.

Ranking Vegetable wastes and residues nes for animal feed ranks 3770th in the Product Complexity Index (PCI).

Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2019): Argentina, $232M

Top Destination (2019): United Kingdom, $117M

Vegetable wastes and residues nes for animal feed are the world's 1921st most traded product.

In 2019, the top exporters of Vegetable wastes and residues nes for animal feed were Argentina ($232M), United States ($100M), India ($100M), Brazil ($99.3M), and China ($74.1M).

In 2019, the top importers of Vegetable wastes and residues nes for animal feed were United Kingdom ($117M), Netherlands ($99.4M), Norway ($81.7M), Germany ($74.7M), and Ireland ($69.6M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): Indonesia, $13.4M

Top Destination Growth (2018 - 2019): Myanmar, $32.5M

Between 2018 and 2019, the exports of Vegetable wastes and residues nes for animal feed grew the fastest in Indonesia ($13.4M), Brazil ($7.56M), Belgium ($6.8M), Sweden ($5.92M), and United States ($3.74M).

Between 2018 and 2019, the fastest growing importers of Vegetable wastes and residues nes for animal feed were Myanmar ($32.5M), China ($11.6M), Morocco ($11.5M), Norway ($10.2M), and Netherlands ($5.32M).

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Market Concentration

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Cumulative market share

Value

This chart shows the evolution of the market concentration of exports of Vegetable wastes and residues nes for animal feed.

In 2019,  market concentration measured using Shannon Entropy, was 4.4. This means that most of the exports of Vegetable wastes and residues nes for animal feed are explained by 21 countries.

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TOP NET EXPORTER (2019): Argentina, $232M

TOP NET IMPORTER (2019): United Kingdom, $107M

This map shows which countries export or import more of Vegetable wastes and residues nes for animal feed. Each country is colored based on the difference in exports and imports of Vegetable wastes and residues nes for animal feed during 2019.

In 2019, the countries that had a largest trade value in exports than in imports of Vegetable wastes and residues nes for animal feed were Argentina ($232M), India ($98M), Brazil ($94.4M), United States ($33.1M), and Sweden ($26.3M).

In 2019, the countries that had a largest trade value in imports than in exports of Vegetable wastes and residues nes for animal feed were United Kingdom ($107M), Norway ($71.7M), Japan ($66.9M), Ireland ($62.8M), and Germany ($57M).

Import Tariffs

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In 2018, the average tariff for importing Vegetable wastes and residues nes for animal feed was 64.3%. The countries with the highest tariffs for importing Vegetable wastes and residues nes for animal feed were Austria (443%), Latvia (15%), Estonia (10%), Finland (3.2%), and Sweden (0%).

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.