Imports and Exports of Tobacco and Walnut

In: Social Issues

Submitted By tanyaf
Words 1800
Pages 8
INTERNATIONAL ECONOMICS

The 3 commodities chosen are 1) Tobacco leaf 2) Walnuts 3) Buffalo meat

1) Tobacco leaf: Tobacco, one of the most widely-used addictive substances in the world, is a plant native to the Americas and historically one of the half-dozen most important crops grown by American farmers. From 1617 to 1793 tobacco was the most valuable staple export from the English American mainland colonies and the United States. Until the 1960s, the United States not only grew but also manufactured and exported more tobacco than any other country. The largest tobacco company in the world by volume is China National Tobacco Co...
World tobacco leaf exports from 2010-2011 averaged 1.98 million tonnes per year which the FAO expects to grow by 1% to 2.2 million by 2012. Today developing nations are responsible for almost 65% of global tobacco exports, while developed countries account for the remainder. Of the countries below, the domestic economies of Zimbabwe and Malawi depend most heavily on tobacco exports to the rest of the world. Production by country:

Country or region Production in thousands of tons China 2,298.8 India 595.4 Brazil 520.7 United States 408.2 European Union 314.5 Zimbabwe 204.9 Turkey 193.9 Indonesia 166.6 Russia 116.8 Malawi 108.0 | Top Tobacco Leaf Exporting Nations:

United states... 18.1% of world total Brazil ... 16.6% European union ... 9.9% Zimbabwe ... 9.1% Turkey ... 6.5% China ... 5.6% India ...…...

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