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II (Harmonized System 1992 for Section)

2022
World Trade $697BRnk 11 / 21
2022
Top Exporter | Top Importer $94.8B | $104BUnited States | China
2022
Product Complexity -0.97Rnk 19 / 21
2021 - 2022
Export Growth (CAGR) 7.65%Rnk 11 / 21
2022
Share of World Trade 2.94%Rnk 11 / 21

About

Overview This page contains the latest trade data of Vegetable Products. In 2022, Vegetable Products were the world's 11th most traded product, with a total trade of $697B. Between 2021 and 2022 the exports of Vegetable Products grew by 7.65%, from $647B to $697B. Trade in Vegetable Products represent 2.94% of total world trade.

Vegetable Products include Cereals, Edible fruits, nuts & fruit peels, Oils seeds, oleaginous fruits, grains, straw & fodder, Edible vegetables, roots, & tubers, Coffee, tea, mate & spices, Live trees, plants, bulbs, cut flowers, & ornamental foliage, Products of the milling industry, Natural gums, resins & other vegetable extracts, and Vegetable plaiting materials & products, n.e.s..

Exports In 2022 the top exporters of Vegetable Products  were United States ($94.8B), Brazil ($72.7B), Netherlands ($31.8B), Canada ($29.4B), and China ($27.5B).

Imports In 2022 the top importers of Vegetable Products were China ($104B), United States ($59.9B), Germany ($43B), Netherlands ($25.6B), and Japan ($24.4B).

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

Latest Trends

Latest Data

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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.

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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 (2022)United States$94.8B
Top Destination (2022)China$104B

In 2022 Vegetable Products were the world's 11th most traded product (out of 21).

In 2022, the top exporters of Vegetable Products were United States ($94.8B), Brazil ($72.7B), Netherlands ($31.8B), Canada ($29.4B), and China ($27.5B).

In 2022, the top importers of Vegetable Products were China ($104B), United States ($59.9B), Germany ($43B), Netherlands ($25.6B), and Japan ($24.4B).

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Exporters of Vegetable Products (2022)
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Importers of Vegetable Products (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Brazil$20.1B
Top Destination Growth (2021 -  2022)China$10.1B

Between 2021 and 2022, the exports of Vegetable Products grew the fastest in Brazil ($20.1B), United States ($8.38B), Australia ($7.18B), France ($4.44B), and Argentina ($4.38B).

Between 2021 and 2022, the fastest growing importers of Vegetable Products were China ($10.1B), United States ($7.59B), Japan ($3.3B), Spain ($2.85B), and Mexico ($2.09B).

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Exporters of Vegetable Products (2021 - 2022)

Importers of Vegetable Products (2021 - 2022)

Market Concentration

Value

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

In 2022, market concentration measured using Shannon Entropy, was 5.36. This means that most of the exports of Vegetable Products are explained by 41 countries.

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Value of Exports in Vegetable Products

Net Trade

TOP NET EXPORTER (2022)Brazil$67B
TOP NET IMPORTER (2022)China$76.1B

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 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Vegetable Products were Brazil ($67B), United States ($34.9B), Australia ($21.7B), Argentina ($20.6B), and India ($18B).

In 2022, the countries that had a largest trade value in imports than in exports of Vegetable Products were China ($76.1B), Germany ($25.7B), Japan ($23.4B), United Kingdom ($14.7B), and South Korea ($11.3B).

Net Trade (2022)

Disaggregation

Value
Disaggregation

In 2022, the world most traded Vegetable Products, disaggragated by their HS6 level were Cereals ($187B), Oils seeds, oleaginous fruits, grains, straw... ($150B), Edible fruits, nuts & fruit peels ($141B), Edible vegetables, roots, & tubers ($85.4B), and Coffee, tea, mate & spices ($67.1B)

HS6 Disaggregation for Vegetable Products (2022)
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Country Comparison

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Measure
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.

Top 10 Exporters Countries of Vegetable Products by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALMexico+ $321M
TOP IMPORT POTENTIALUnited States+ $109M

Vegetable Products’s highest export potential is Mexico. With an export gap of $321M.  Vegetable Products’s highest import potential is United States with an import gap of $109M.

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 (2022)

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