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Locust beans, seaweeds and other algae, sugar beet, sugar cane, fresh, chilled, frozen or dried, whether or not ground; fruit stones, kernels and other vegetable products (including unroasted chicory roots) used primarily for human consumption, n.e.c.

1212 (Harmonized System 1992 for 4-digit)

2023
World Trade $1.41BRnk 858 / 1217
2023
Top Exporter | Top Importer $500M | $253MChina | China
2023
Product Complexity -1.68Rnk 985 / 1044
2022 - 2023
Export Growth (CAGR) -22.4%Rnk 1074 / 1217
2023
Share of World Trade 0.0063%Rnk 858 / 1217

About

Overview This page contains the latest trade data of Locust beans, seaweed, sugar beet, cane, for food. In 2023, Locust beans, seaweed, sugar beet, cane, for food were the world's 858th most traded product, with a total trade of $1.41B. Between 2022 and 2023 the exports of Locust beans, seaweed, sugar beet, cane, for food decreased by -22.4%, from $1.82B to $1.41B. Trade in Locust beans, seaweed, sugar beet, cane, for food represent 0.0063% of total world trade.

Locust beans, seaweed, sugar beet, cane, for food are a part of Oils seeds, oleaginous fruits, grains, straw & fodder. They include Other vegetable products (chicory roots, tuber of koyaku etc), Seaweeds and other algae, Sugar beet, Locust beans and seeds, Apricot, peach or plum stones, and Sugar cane.

Exports In 2023 the top exporters of Locust beans, seaweed, sugar beet, cane, for food  were China ($500M), Nigeria ($70.3M), Laos ($65.9M), Indonesia ($64.8M), and Germany ($62.8M).

Imports In 2023 the top importers of Locust beans, seaweed, sugar beet, cane, for food were China ($253M), United States ($118M), Germany ($103M), Mexico ($61.9M), and Saudi Arabia ($53.8M).

Ranking Locust beans, seaweed, sugar beet, cane, for food ranks 985th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Locust beans, seaweed, sugar beet, cane, for food. Countries are shown based on data availability.

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

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2023)China$500M
Top Destination (2023)China$253M

In 2023 Locust beans, seaweed, sugar beet, cane, for food were the world's 858th most traded product (out of 1,217).

In 2023, the top exporters of Locust beans, seaweed, sugar beet, cane, for food were China ($500M), Nigeria ($70.3M), Laos ($65.9M), Indonesia ($64.8M), and Germany ($62.8M).

In 2023, the top importers of Locust beans, seaweed, sugar beet, cane, for food were China ($253M), United States ($118M), Germany ($103M), Mexico ($61.9M), and Saudi Arabia ($53.8M).

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Exporters of Locust beans, seaweed, sugar beet, cane, for food (2023)
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Importers of Locust beans, seaweed, sugar beet, cane, for food (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Nigeria$38.9M
Top Destination Growth (2022 -  2023)China$36.3M

Between 2022 and 2023, the exports of Locust beans, seaweed, sugar beet, cane, for food grew the fastest in Nigeria ($38.9M), Indonesia ($25.2M), Egypt ($20.8M), Latvia ($10.4M), and France ($9.83M).

Between 2022 and 2023, the fastest growing importers of Locust beans, seaweed, sugar beet, cane, for food were China ($36.3M), Saudi Arabia ($21.2M), Mexico ($21M), Egypt ($12M), and Croatia ($11.5M).

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Exporters of Locust beans, seaweed, sugar beet, cane, for food (2022 - 2023)

Importers of Locust beans, seaweed, sugar beet, cane, for food (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Locust beans, seaweed, sugar beet, cane, for food.

In 2023, market concentration measured using Shannon Entropy, was 4.33. This means that most of the exports of Locust beans, seaweed, sugar beet, cane, for food are explained by 20 countries.

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Value of Exports in Locust beans, seaweed, sugar beet, cane, for food

Net Trade

TOP NET EXPORTER (2023)China$247M
TOP NET IMPORTER (2023)United States$109M

This map shows which countries export or import more of Locust beans, seaweed, sugar beet, cane, for food. Each country is colored based on the difference in exports and imports of Locust beans, seaweed, sugar beet, cane, for food during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Locust beans, seaweed, sugar beet, cane, for food were China ($247M), Nigeria ($69.3M), Laos ($65.9M), Indonesia ($62.5M), and Burma ($56.9M).

In 2023, the countries that had a largest trade value in imports than in exports of Locust beans, seaweed, sugar beet, cane, for food were United States ($109M), Mexico ($57.4M), Saudi Arabia ($53.3M), Italy ($45.2M), and Japan ($42.5M).

Net Trade (2023)

Disaggregation

Value

In 2023, the world most traded Locust beans, seaweed, sugar beet, cane,..., disaggragated by their HS6 level were Other vegetable products (chicory roots, tuber... ($1.26B), Sugar beet ($98.2M), Sugar cane ($56.7M), and Seaweeds and other algae ($359k)

HS6 Disaggregation for Locust beans, seaweed, sugar beet, cane, for food (2023)
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Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Locust beans, seaweed, sugar beet, cane, for food.
It is possible to select the main countries that export or import Locust beans, seaweed, sugar beet, cane, for food in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Locust beans, seaweed, sugar beet, cane, for food by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALUnited States+ $7.73M
TOP IMPORT POTENTIALChina+ $2.45M

Locust beans, seaweed, sugar beet, cane, for food’s highest export potential is United States. With an export gap of $7.73M.  Locust beans, seaweed, sugar beet, cane, for food’s highest import potential is China with an import gap of $2.45M.

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Product Complexity

Diversification Frontier

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.

Relatedness vs Country Complexity (2023)

Related Products

This visualization shows products that are likely to be exported by countries that export Locust beans, seaweed, sugar beet, cane, for food.

Country by Relatedness

The following visualization shows the relatedness of Locust beans, seaweed, sugar beet, cane, for food to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2023)

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