2022
Exports
$276kWorld Rnk 30 / 85
Flag Rnk 1137 / 1212
2022
PRODUCT COMPLEXITY IN Hops
0.45Rnk 387 / 1025
2022
Imports
$7.8MWorld Rnk 23 / 160
Flag Rnk 905 / 1206
2022
ECONOMIC COMPLEXITY of India
0.64Rnk 40 / 133

About

Exports In 2022, India exported $276k in Hops, making it the 30th largest exporter of Hops in the world. At the same year, Hops was the 1137th most exported product in India. The main destination of Hops exports from India are: Bhutan ($123k), Sri Lanka ($84.3k), Nepal ($45.5k), Bangladesh ($21.7k), and France ($1.37k).

The fastest growing export markets for Hops of India between 2021 and 2022 were Sri Lanka ($84.3k), Nepal ($10.2k), and Bangladesh ($7.57k).

Imports In 2022, India imported $7.8M in Hops, becoming the 23rd largest importer of Hops in the world. At the same year, Hops was the 905th most imported product in India. India imports Hops primarily from: Germany ($5.74M), United States ($1.85M), Czechia ($93.6k), Australia ($72.4k), and United Kingdom ($31.7k).

The fastest growing import markets in Hops for India between 2021 and 2022 were Germany ($1.66M), United States ($1.62M), and Australia ($72.4k).

COMPANIES In 2023, leading companies such as Jo-Ann Stores (2) were at the forefront of shipping Hops from India to the United States.

Latest Trends

Sep 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

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

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

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

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Historical Data

Trade Balance

Color
EXPORTS (2022)$276k
IMPORTS (2022)$7.8M
NET TRADE (2022)-$7.52M

In 2022, India exported $276k in Hops. The main destinations of India exports on Hops were Bhutan ($123k), Sri Lanka ($84.3k), Nepal ($45.5k), Bangladesh ($21.7k), and France ($1.37k).

In 2022, India imported $7.8M in Hops, mainly from Germany ($5.74M), United States ($1.85M), Czechia ($93.6k), Australia ($72.4k), and United Kingdom ($31.7k).

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Export Destinations (NaN)

Import Origins (NaN)

Market Growth

Flow
THE FASTEST GROWING Hops EXPORT MARKETS FOR India WERE (2021 - 2022):
Sri Lanka$84.3k (1%)
Nepal$10.2k (28.9%)
Bangladesh$7.57k (53.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hops BY India WERE (2021 - 2022):
Bhutan-$95.9k (-43.9%)
Laos-$8.56k (-100%)
Azerbaijan-$1.49k (-100%)

Change in Exports by Market (undefined - undefined)

Market Concentration

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Flow
Type
In 2022, India's main exporting competitors in Hops were:
In 2022, India's main importing competitors in Hops were:

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Trade Value of Hops by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $4.59k
TOP IMPORT POTENTIALUnited States+ $875k

Hops’s highest export potential is France. With an export gap of $4.59k.   Hops’s highest import potential is United States with an import gap of $875k.

See methodology.

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