HS Icon Forage Crops

Swedes, mangolds, fodder roots, hay, lucerne (alfalfa), clover, sainfoin, forage kale, lupines, vetches and similar forage products, whether or not in the form of pellets

1214 (Harmonized System 1992 for 4-digit)

Overview This page contains the latest trade data of Forage Crops. In 2020, Forage Crops were the world's 606th most traded product, with a total trade of $3.13B. Between 2019 and 2020 the exports of Forage Crops grew by 1.67%, from $3.08B to $3.13B. Trade in Forage Crops represent 0.019% of total world trade.

Forage Crops are a part of Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruit, industrial or.... They include Other fodder and forage products, roots, etc. and Lucerne (alfalfa) meal and pellets.

Exports In 2020 the top exporters of Forage Crops  were United States ($1.54B), Australia ($365M), Spain ($256M), Canada ($171M), and Italy ($149M).

Imports In 2020 the top importers of Forage Crops were Japan ($763M), China ($607M), United Arab Emirates ($396M), South Korea ($333M), and Saudi Arabia ($269M).

Ranking Forage Crops ranks 806th in the Product Complexity Index (PCI).

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Y-AXIS SCALE

The following visualization shows the latest trends on Forage Crops. Countries are shown based on data availability.

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

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2020): United States, $1.54B

Top Destination (2020): Japan, $763M

Forage Crops are the world's 606th most traded product.

In 2020, the top exporters of Forage Crops were United States ($1.54B), Australia ($365M), Spain ($256M), Canada ($171M), and Italy ($149M).

In 2020, the top importers of Forage Crops were Japan ($763M), China ($607M), United Arab Emirates ($396M), South Korea ($333M), and Saudi Arabia ($269M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2019 -  2020): Australia, $30.6M

Top Destination Growth (2019 - 2020): China, $92.6M

Between 2019 and 2020, the exports of Forage Crops grew the fastest in Australia ($30.6M), Romania ($30M), Russia ($16.8M), Latvia ($15.5M), and Canada ($12.8M).

Between 2019 and 2020, the fastest growing importers of Forage Crops were China ($92.6M), Netherlands ($30.4M), Saudi Arabia ($16.5M), United States ($16M), and Qatar ($15.2M).

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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 Forage Crops.

In 2020,  market concentration measured using Shannon Entropy, was 2.98. This means that most of the exports of Forage Crops are explained by 7 countries.

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TOP NET EXPORTER (2020): United States, $1.44B

TOP NET IMPORTER (2020): Japan, $763M

This map shows which countries export or import more of Forage Crops. Each country is colored based on the difference in exports and imports of Forage Crops during 2020.

In 2020, the countries that had a largest trade value in exports than in imports of Forage Crops were United States ($1.44B), Australia ($364M), Spain ($251M), Canada ($152M), and Italy ($143M).

In 2020, the countries that had a largest trade value in imports than in exports of Forage Crops were Japan ($763M), China ($605M), United Arab Emirates ($394M), South Korea ($333M), and Saudi Arabia ($269M).

Disaggregation

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Value

In 2020, the world most traded Forage Crops, disaggragated by their HS6 level were Other fodder and forage products, roots,... ($2.7B) and Lucerne (alfalfa) meal and pellets ($428M)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Forage Crops.
It is possible to select the main countries that export or import Forage Crops in the world, or by continent, as well as select the measure of interest.

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.

Country by Relatedness

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The following visualization shows the relatedness of Forage Crops to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.