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News

Global Exports of Tomato Paste, Updated February 6, 2024

06/02/2024 - François-Xavier Branthôme - Architecture of Trade
Comparison of monthly exports of tomato paste (HS code 200290) over past two years, comparison with the previous three marketing years (November-October periods)

Global export quantities in October 2023 (373,000 t) are the highest on record.
The latest available data on global exports over the full marketing year (November 2022 - October 2023) show that the pace of trade remains at a higher level (+2.8%) than that of the previous period. This increase brings the total global exports recorded over a period of twelve months at 3.698 million metric tonnes (t).
With a total quantity of slightly less than 3.400 million t of tomato paste exported over the period November 2022 - October 2023, TOP10 annual exports of tomato paste were higher (+1.2%, around 39,300 t) than in the previous twelve months (November 2021 – October 2022).
Due to the significant activity recorded particularly in China and Iran, the twelve-month activity level of TOP10 exporting countries is also higher by 123,400 t (+3.8%) compared to the same period of the previous three years. TOP10 trade activity now stands at higher levels (close to 12%) than in the three years prior to the Covid pandemic.

 
Export quantities in October 2023 constitute the best monthly performance of all time

The ten countries presented accounted for 94.5% of the sector’s total exports on average over the last five years, with the remaining 5.5% distributed over approximately 80 countries.

For each of the ten countries (China, Italy, Spain, USA, Portugal, Chile, Turkey, Greece, and Iran) that play a significant role in international trade, Tomato News presents a comparison of the monthly performances for exports of tomato paste over past two years. For greater clarity, the histograms present (blue dotted lines) the curve of the average activity of the same months of the three previous marketing years. 

This situation makes it possible to follow the evolution of national export dynamics and to compare recent performances with those of equivalent periods of the previous year. These elements of international trade also give a better understanding of the quantities on which the average values presented in our articles on tomato paste prices were constructed.

Sources: Trade Data Monitor LLC, professional sources,
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