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Beverages, spirits and vinegar

22 (Harmonized System 1992 for 2-digit)

2023
World Trade $152BRnk 28 / 96
2023
Top Exporter | Top Importer $23.3B | $30BFrance | United States
2023
Product Complexity -0.33Rnk 53 / 96
2022 - 2023
Export Growth (CAGR) 0.95%Rnk 23 / 96
2023
Share of World Trade 0.67%Rnk 28 / 96

About

Overview This page contains the latest trade data of Beverages, spirits, & vinegar. In 2023, Beverages, spirits, & vinegar were the world's 28th most traded product, with a total trade of $152B. Between 2022 and 2023 the exports of Beverages, spirits, & vinegar grew by 0.95%, from $150B to $152B. Trade in Beverages, spirits, & vinegar represent 0.67% of total world trade.

Beverages, spirits, & vinegar are a part of Foodstuffs. They include Wine, Hard Liquor, Flavored Water, Beer, Alcohol > 80% ABV, Water, Other Fermented Beverages, Vermouth, and Vinegar.

Exports In 2023 the top exporters of Beverages, spirits, & vinegar  were France ($23.3B), Mexico ($13.5B), Italy ($13.4B), United Kingdom ($12.1B), and United States ($10.1B).

Imports In 2023 the top importers of Beverages, spirits, & vinegar were United States ($30B), United Kingdom ($10.2B), Germany ($9.04B), Netherlands ($6.74B), and France ($6.4B).

Ranking Beverages, spirits, & vinegar ranks 53rd in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Beverages, spirits, & vinegar. Countries are shown based on data availability.

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

Explore Latest Trends

* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2023)France$23.3B
Top Destination (2023)United States$30B

In 2023 Beverages, spirits, & vinegar were the world's 28th most traded product (out of 96).

In 2023, the top exporters of Beverages, spirits, & vinegar were France ($23.3B), Mexico ($13.5B), Italy ($13.4B), United Kingdom ($12.1B), and United States ($10.1B).

In 2023, the top importers of Beverages, spirits, & vinegar were United States ($30B), United Kingdom ($10.2B), Germany ($9.04B), Netherlands ($6.74B), and France ($6.4B).

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Exporters of Beverages, spirits, & vinegar (2023)
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Importers of Beverages, spirits, & vinegar (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)China$569M
Top Destination Growth (2022 -  2023)France$536M

Between 2022 and 2023, the exports of Beverages, spirits, & vinegar grew the fastest in China ($569M), Spain ($520M), Singapore ($509M), Netherlands ($507M), and Belgium ($363M).

Between 2022 and 2023, the fastest growing importers of Beverages, spirits, & vinegar were France ($536M), Spain ($384M), Italy ($363M), Russia ($331M), and Chinese Taipei ($324M).

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Exporters of Beverages, spirits, & vinegar (2022 - 2023)

Importers of Beverages, spirits, & vinegar (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Beverages, spirits, & vinegar.

In 2023, market concentration measured using Shannon Entropy, was 4.88. This means that most of the exports of Beverages, spirits, & vinegar are explained by 29 countries.

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Value of Exports in Beverages, spirits, & vinegar

Net Trade

TOP NET EXPORTER (2023)France$16.9B
TOP NET IMPORTER (2023)United States$19.9B

This map shows which countries export or import more of Beverages, spirits, & vinegar. Each country is colored based on the difference in exports and imports of Beverages, spirits, & vinegar during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Beverages, spirits, & vinegar were France ($16.9B), Mexico ($12.4B), Italy ($10.3B), Spain ($3.59B), and Austria ($2.78B).

In 2023, the countries that had a largest trade value in imports than in exports of Beverages, spirits, & vinegar were United States ($19.9B), Canada ($4.51B), China ($2.53B), Hong Kong ($2.26B), and Japan ($2.25B).

Net Trade (2023)

Disaggregation

Value
Disaggregation

In 2023, the world most traded Beverages, spirits, & vinegar, disaggragated by their HS6 level were Hard Liquor ($42.9B), Wine ($39.5B), Flavored Water ($28.5B), Beer ($18B), and Alcohol > 80% ABV ($14.5B)

HS6 Disaggregation for Beverages, spirits, & vinegar (2023)
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Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Beverages, spirits, & vinegar.
It is possible to select the main countries that export or import Beverages, spirits, & vinegar in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Beverages, spirits, & vinegar by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALChina+ $61.9M
TOP IMPORT POTENTIALUnited States+ $42.6M

Beverages, spirits, & vinegar’s highest export potential is China. With an export gap of $61.9M.  Beverages, spirits, & vinegar’s highest import potential is United States with an import gap of $42.6M.

See methodology.

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Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2023)

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