HS Icon Wheat bran, sharps, other residues

230230 (Harmonized System 1992 for 6-digit)

World Trade (2019): $1.09B, Rnk 1889 / 4648

Top Exporter (2019): $111M, Russia

Top Importer (2019): $212M, Turkey

Product Complexity (2019): -1.77, Rnk 4604 / 4826

Export Growth (CAGR)(2018 - 2019): -7.41%, Rnk 3038 / 4648

Mean Tariff (2018): 35.2%, Rnk 52 / 6538

Share of World Trade (2019): 0.006%, Rnk 1889 / 4648

Overview:  This page contains the latest trade data of Wheat bran, sharps, other residues. In 2019, Wheat bran, sharps, other residues were the world's 1889th most traded product, with a total trade of $1.09B. Between 2018 and 2019 the exports of Wheat bran, sharps, other residues decreased by -7.41%, from  $1.18B to $1.09B. Trade in Wheat bran, sharps, other residues represent 0.006% of total world trade.

Exports: In 2019 the top exporters of Wheat bran, sharps, other residues  were Russia ($111M), Ukraine ($85.9M), Indonesia ($79.9M), Germany ($76.8M), and France ($44.1M).

Imports: In 2019 the top importers of Wheat bran, sharps, other residues were Turkey ($212M), Netherlands ($91.5M), Vietnam ($90.8M), Germany ($48M), and Morocco ($43.5M).

Tariffs: In 2018 the average tariff for Wheat bran, sharps, other residues was 35.2%, making it the 52nd lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Wheat bran, sharps, other residues are Austria (589%), Iceland (52.7%), Bahamas (40.2%), Tunisia (36%), and Estonia (30%). The countries with the lowest tariffs are Angola (0%), Madagascar (0%), Mauritania (0%), Mauritius (0%), and South Africa (0%).

Ranking: Wheat bran, sharps, other residues ranks 4604th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2019): Russia, $111M

Top Destination (2019): Turkey, $212M

Wheat bran, sharps, other residues are the world's 1889th most traded product.

In 2019, the top exporters of Wheat bran, sharps, other residues were Russia ($111M), Ukraine ($85.9M), Indonesia ($79.9M), Germany ($76.8M), and France ($44.1M).

In 2019, the top importers of Wheat bran, sharps, other residues were Turkey ($212M), Netherlands ($91.5M), Vietnam ($90.8M), Germany ($48M), and Morocco ($43.5M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): Ukraine, $16.7M

Top Destination Growth (2018 - 2019): Turkey, $21.9M

Between 2018 and 2019, the exports of Wheat bran, sharps, other residues grew the fastest in Ukraine ($16.7M), Japan ($12.3M), Mozambique ($9.69M), Argentina ($8.81M), and United States ($7.01M).

Between 2018 and 2019, the fastest growing importers of Wheat bran, sharps, other residues were Turkey ($21.9M), Philippines ($20.2M), Thailand ($15.1M), Morocco ($10.2M), and Ecuador ($5.36M).

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Market Concentration

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Cumulative market share

This chart shows the evolution of the market concentration of exports of Wheat bran, sharps, other residues.

In 2019,  market concentration measured using Shannon Entropy, was 5.28. This means that most of the exports of Wheat bran, sharps, other residues are explained by 38 countries.

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TOP NET EXPORTER (2019): Russia, $109M

TOP NET IMPORTER (2019): Turkey, $208M

This map shows which countries export or import more of Wheat bran, sharps, other residues. Each country is colored based on the difference in exports and imports of Wheat bran, sharps, other residues during 2019.

In 2019, the countries that had a largest trade value in exports than in imports of Wheat bran, sharps, other residues were Russia ($109M), Ukraine ($85.9M), Indonesia ($78.2M), France ($35.4M), and Sri Lanka ($32.5M).

In 2019, the countries that had a largest trade value in imports than in exports of Wheat bran, sharps, other residues were Turkey ($208M), Vietnam ($90.5M), Netherlands ($58.4M), China ($32.6M), and Malaysia ($29.3M).

Import Tariffs

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In 2018, the average tariff for importing Wheat bran, sharps, other residues was 35.2%.  The countries with the highest tariffs for importing Wheat bran, sharps, other residues were Austria (589%), Iceland (52.7%), Bahamas (40.2%), Tunisia (36%), and Estonia (30%).

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Product Complexity

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Diversification Frontier

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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.