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Manufactured tobacco and manufactured tobacco substitutes n.e.c; homogenised or reconstituted tobacco; tobacco extracts and essences

2403 (Harmonized System 1992 for 4-digit)

2023
World Trade $13.2BRnk 295 / 1217
2023
Top Exporter | Top Importer $1.97B | $3.01BItaly | Japan
2023
Product Complexity -0.49Rnk 722 / 1044
2022 - 2023
Export Growth (CAGR) 14.8%Rnk 99 / 1217
2023
Share of World Trade 0.058%Rnk 295 / 1217

About

Overview This page contains the latest trade data of Processed Tobacco. In 2023, Processed Tobacco were the world's 295th most traded product, with a total trade of $13.2B. Between 2022 and 2023 the exports of Processed Tobacco grew by 14.8%, from $11.5B to $13.2B. Trade in Processed Tobacco represent 0.058% of total world trade.

Processed Tobacco are a part of Tobacco & substitutes. They include Cigarette or pipe tobacco and tobacco substitute mixe, Products of tobacco, substitute nes, extract, essence, and Homogenized or reconstituted tobacco.

Exports In 2023 the top exporters of Processed Tobacco  were Italy ($1.97B), Romania ($1.35B), Germany ($1.26B), Netherlands ($929M), and Greece ($845M).

Imports In 2023 the top importers of Processed Tobacco were Japan ($3.01B), Germany ($893M), United Arab Emirates ($503M), Italy ($490M), and Spain ($461M).

Ranking Processed Tobacco ranks 722nd in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Processed Tobacco. 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)Italy$1.97B
Top Destination (2023)Japan$3.01B

In 2023 Processed Tobacco were the world's 295th most traded product (out of 1,217).

In 2023, the top exporters of Processed Tobacco were Italy ($1.97B), Romania ($1.35B), Germany ($1.26B), Netherlands ($929M), and Greece ($845M).

In 2023, the top importers of Processed Tobacco were Japan ($3.01B), Germany ($893M), United Arab Emirates ($503M), Italy ($490M), and Spain ($461M).

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Exporters of Processed Tobacco (2023)
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Importers of Processed Tobacco (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Romania$319M
Top Destination Growth (2022 -  2023)Japan$542M

Between 2022 and 2023, the exports of Processed Tobacco grew the fastest in Romania ($319M), Germany ($278M), Greece ($182M), Jordan ($163M), and Italy ($135M).

Between 2022 and 2023, the fastest growing importers of Processed Tobacco were Japan ($542M), United Arab Emirates ($311M), Italy ($246M), Ukraine ($115M), and Hungary ($92.3M).

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Exporters of Processed Tobacco (2022 - 2023)

Importers of Processed Tobacco (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Processed Tobacco.

In 2023, market concentration measured using Shannon Entropy, was 4.62. This means that most of the exports of Processed Tobacco are explained by 24 countries.

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Value of Exports in Processed Tobacco

Net Trade

TOP NET EXPORTER (2023)Italy$1.48B
TOP NET IMPORTER (2023)Japan$2.96B

This map shows which countries export or import more of Processed Tobacco. Each country is colored based on the difference in exports and imports of Processed Tobacco during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Processed Tobacco were Italy ($1.48B), Romania ($1.23B), Netherlands ($775M), Greece ($731M), and South Korea ($485M).

In 2023, the countries that had a largest trade value in imports than in exports of Processed Tobacco were Japan ($2.96B), Spain ($452M), Norway ($307M), Iraq ($261M), and Iran ($247M).

Net Trade (2023)

Disaggregation

Value

In 2023, the world most traded Processed Tobacco, disaggragated by their HS6 level were Homogenized or reconstituted tobacco ($5.66B), Cigarette or pipe tobacco and tobacco... ($5.43B), and Products of tobacco, substitute nes, extract,... ($2.09B)

HS6 Disaggregation for Processed Tobacco (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 Processed Tobacco.
It is possible to select the main countries that export or import Processed Tobacco in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Processed Tobacco by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALSwitzerland+ $4.66M
TOP IMPORT POTENTIALNetherlands+ $3.02M

Processed Tobacco’s highest export potential is Switzerland. With an export gap of $4.66M.  Processed Tobacco’s highest import potential is Netherlands with an import gap of $3.02M.

See methodology.

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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 Processed Tobacco.

Country by Relatedness

The following visualization shows the relatedness of Processed Tobacco 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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