Alcohol > 80% ABV in United States 2020 Exports | Imports : $2.65B | $642M, World Rnk 1 / 136 Rnk 102 / 1217 | World Rnk 4 / 212 Rnk 407 / 1214
2019 - 2020 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $93.1M | $42.7M, Mexico | Canada
Exports In 2020, United States exported $2.65B in Alcohol > 80% ABV, making it the 1st largest exporter of Alcohol > 80% ABV in the world. At the same year, Alcohol > 80% ABV was the 102nd most exported product in United States. The main destination of Alcohol > 80% ABV exports from United States are: Canada ($569M), India ($440M), Brazil ($343M), South Korea ($184M), and Netherlands ($160M).
The fastest growing export markets for Alcohol > 80% ABV of United States between 2019 and 2020 were Mexico ($93.1M), Netherlands ($85.4M), and Norway ($29.9M).
Imports In 2020, United States imported $642M in Alcohol > 80% ABV, becoming the 4th largest importer of Alcohol > 80% ABV in the world. At the same year, Alcohol > 80% ABV was the 407th most imported product in United States. United States imports Alcohol > 80% ABV primarily from: Brazil ($442M), Canada ($114M), Guatemala ($20.7M), Sweden ($15.7M), and South Africa ($14M).
The fastest growing import markets in Alcohol > 80% ABV for United States between 2019 and 2020 were Canada ($42.7M), South Korea ($8.42M), and South Africa ($1.72M).
Tariffs In 2019, the average tariff for United States in Alcohol > 80% ABV was 24.5k%. The countries with the highest import tariffs for Alcohol > 80% ABV were Burundi (Most Favoured Nation duty rate treatement, 87.5k%), Democratic Republic of the Congo (Most Favoured Nation duty rate treatement, 87.5k%), Somalia (Most Favoured Nation duty rate treatement, 87.5k%), South Sudan (Most Favoured Nation duty rate treatement, 87.5k%), and Afghanistan (Most Favoured Nation duty rate treatement, 87.5k%).
May 2022
Overview In May 2022 United States' Alcohol > 80% ABV exports accounted up to $417M and imports accounted up to $63.7M, resulting in a positive trade balance of $353M. Between May 2021 and May 2022 the exports of United States' Alcohol > 80% ABV have increased by $248M (147%) from $169M to $417M, while imports increased by $46M (259%) from $17.7M to $63.7M.
Destinations In May 2022, Alcohol > 80% ABV were exported mostly to Canada ($135M), South Korea ($52M), Netherlands ($42.5M), India ($25.5M), and Peru ($23.9M), and were imported mostly from Brazil ($45.9M), Canada ($14.7M), South Africa ($1.53M), Australia ($462k), and Switzerland ($294k).
Growth In May 2022, the increase in Alcohol > 80% ABV's year-by-year exports was explained primarily by an increase in exports to India ($51.9M or 223%), China ($30.4M or 27.9k%), and Colombia ($11.3M or 159%). In May 2022, the increase in Alcohol > 80% ABV's year-by-year imports was explained primarily by an increase in imports from Brazil ($17.9M or 222%), Canada ($3.13M or 41.3%), and Colombia ($72k or 49.4%).
EXPORT GROWTH (May 2021 - May 2022): $248M, (147%)
IMPORT GROWTH (May 2021 - May 2022): $46M, (259%)
MAIN EXPORTER (May 2022): Texas, $203M
MAIN DESTINATION (May 2022): Canada, $135M
This section shows Alcohol > 80% ABV's exports and imports data at subnational level for United States. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Alcohol > 80% ABV over time.
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EXPORTS (2020): $2.65B
IMPORTS (2020): $642M
NET TRADE (2020): $2.01B
In 2020, United States exported $2.65B in Alcohol > 80% ABV. The main destinations of United States exports on Alcohol > 80% ABV were Canada ($569M), India ($440M), Brazil ($343M), South Korea ($184M), and Netherlands ($160M).
In 2020, United States imported $642M in Alcohol > 80% ABV, mainly from Brazil ($442M), Canada ($114M), Guatemala ($20.7M), Sweden ($15.7M), and South Africa ($14M).
IN 2020, United States HAD A POSITIVE NET TRADE IN Alcohol > 80% ABV WITH:
IN 2020, United States HAD A NEGATIVE NET TRADE IN Alcohol > 80% ABV WITH:
THE FASTEST GROWING Alcohol > 80% ABV EXPORT MARKETS FOR United States WERE (2019 - 2020):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Alcohol > 80% ABV BY United States WERE (2019 - 2020):
In 2019, United States's main exporting competitors in Alcohol > 80% ABV were:
In 2019, United States's main importing competitors in Alcohol > 80% ABV were:
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