This plant native to the Americas has been used since ancient times for both spiritual and medicinal purposes, the increasing demand for the product to a massive extent across the globe is because of its addictive nature. The concentration of nicotine in tobacco acts as a stimulant or stress buster to the consumer raising its global demands and also leading to more health care concerns due to its hazardous effects.

The tobacco-producing industry has faced a significant upward hike in the past few years in its trade rate due to the overabundance of international and domestic demands. The recent forecasts for the tobacco-producing industry have shown that the product trade value has reached a staggering amount of 1 trillion US dollars in 2023. The increased domestic demands in different nations across the globe have recorded an import value of 154 billion US dollars and an export value of 170 billion US dollars.

SUMMARY OF TOBACCO TRADE

1. The total value of tobacco exports in 2023 – 170 billion US dollars
2. Top export tobacco products – Cigarettes
3. Growth rate in export – 3% CAGR
4. Total trade value of tobacco in 2023 - 1 trillion US dollars
5. Top Export Destination - China

Top Tobacco Exporting Countries

Different countries across the world have been focusing on the production of this globally sought commodity to balance the domestic and international trades. According to the Tobacco Export Data, the top ten exporting countries of tobacco in 2023 with significant trade values are discussed below,

• China – Valuation of tobacco exports from China in 2023 – 58 billion US dollars.

• Brazil – Valuation of tobacco exports from Brazil in 2023 – 17 billion US dollars.

• United States– Valuation of tobacco exports from the United States in 2023 – 16 billion US dollars.

• India– Valuation of tobacco exports from India in 2023 – 12 billion US dollars.

• Belgium– Valuation of tobacco exports from Belgium in 2023 – 9 billion US dollars.

• Poland – Valuation of tobacco exports from Poland in 2023 – 8 billion US dollars.

• Germany – Valuation of tobacco exports from Germany in 2023 – 7 billion US dollars.

• Malawi– Valuation of tobacco exports from Malawi in 2023 – 6 billion US dollars.

• Zimbabwe – Valuation of tobacco exports from Zimbabwe in 2023 – 5 billion US dollars.

• Indonesia – Valuation of tobacco exports from Indonesia in 2023 – 4 billion US dollars.

Top Exporting Companies

One of the widely traded commodities tobacco has been a significant contributor to many of the top global traders in 2023. The emerging trade rate is boosting the annual economic revenue to keep the economy on a positive momentum. As per the Tobacco Customs Data, the top 10 exporting companies of tobacco in 2023 are discussed below,

1. China National Tobacco Corporation (CNTC) – Valuation of exports – 160 billion US dollars

Export Brands

• Marlboro
• Winston
• Camel
• L&M
• Old Gold

2. Philip Morris International (PMI) – Valuation of exports – 70 billion US dollars

Export Brands

• Marlboro
• L&M
• Chesterfield
• Parliament
• Philip Morris

3. British American Tobacco (BAT) – Valuation of exports – 60 billion US dollars

Export Brands

• Lucky Strike
• Pall Mall
• Dunhill
• Kent
• Rothmans

4. Japan Tobacco International (JTI) – Valuation of exports – 50 billion US dollars

Export Brands

• Winston
• Camel
• LD
• Mevius
• Benson & Hedges

5. Imperial Brands– Valuation of exports – 30 billion US dollars

Export Brands

• Davidoff
• West
• Gauloises
• Golden Virginia
• Drum

6. Altria Group Inc – Valuation of exports – 25 billion US dollars

Export Brands

• Marlboro
• Benson & Hedges
• Virginia Slims
• Parliament
• L&M

7. Scandinavian Tobacco Group (STG) – Valuation of exports – 20 billion US dollars

Export Brands

• Cohiba
• Macanudo
• Captain Black
• John Aylesbury
• Wilson & Adams

8. Korea Tobacco & Ginseng Corporation (KT&G) – Valuation of exports – 15 billion US dollars

Export Brands

• Esse
• This Africa
• Bohem Cigar Mojito
• Timeless
• Arirang

9. Swisher International – Valuation of exports – 10 billion US dollars

Export Brands

• Swisher Sweets
• King Edward
• Optimo Cigars
• Blackstone Little Cigars
• Pom-Pom Cigars

10. Lorillard Tobacco Company – Valuation of exports – 8 billion US dollars

Export Brands

• Newport
• Kent
• Maverick
• Old Gold
• Kent Nanotek

Top 10 Variations of Tobacco Exports

According to the Global Tobacco Trade Data, the top 10 variations of tobacco exports in 2023 with their trade values are discussed below,

• Cigarettes – Valuations – 150 billion US dollars
• Tobacco leaves – Valuations – 100 billion US dollars
• Chewing tobacco – Valuations – 50 billion US dollars
• Pipe tobacco – Valuations – 30 billion US dollars
• Snuff – Valuations – 20 billion US dollars
• Cigars– Valuations – 15 billion US dollars
• Hookah or Shisha – Valuations – 10 billion US dollars
• Bidis – Valuations – 8 billion US dollars
• Kreteks– Valuations – 5 billion US dollars
• Smokeless tobacco – Valuations – 6 billion US dollars

Global Tobacco Export Value of Last 10 Years

According to the Tobacco Export Customs Shipment Data, the export rate of this globally sought commodity has seen tremendous ups and downs in the past ten years due to increasing demands in different regions across the globe. The export trade statistics of tobacco in the past ten years are listed below,

1. Global Tobacco Export value of 2013 – 34.1 billion US dollars
2. Global Tobacco Export value of 2014 – 33 billion US dollars
3. Global Tobacco Export value of 2015 – 28 billion US dollars
4. Global Tobacco Export value of 2016 – 47.5 billion US dollars
5. Global Tobacco Export value of 2017 – 31 billion US dollars
6. Global Tobacco Export value of 2018 – 32 billion US dollars
7. Global Tobacco Export value of 2019 – 39 billion US dollars
8. Global Tobacco Export value of 2020 – 36.9 billion US dollars
9. Global Tobacco Export value of 2021 – 23 billion US dollars
10. Global Tobacco Export value of 2022 – 70 billion US dollars

FAQ’s

Que. What is the export trade value of tobacco in 2023?
Ans. The export trade value of tobacco in 2023 is 170 billion US dollars.

Que. Who is the top exporting company of tobacco in 2023?
Ans. China National Tobacco Corporation (CNTC) is the top exporting company of tobacco in 2023.

Que. Where can you get the detailed trade analysis of tobacco exports in 2023?
Ans. At Import Globals you can get a detailed trade analysis of tobacco export in 2023.

www.importglobals.com ; info@importglobals.com