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Pricing

Extracts, essences, concentrates of coffee, tea or mate; preparations with a basis of these products or with a basis of coffee, tea or mate; roasted chicory and other roasted coffee substitutes and extracts, essences and concentrates thereof

2101 (Harmonized System 1992 for 4-digit)

2023
World Trade $10.9BRnk 345 / 1217
2023
Top Exporter | Top Importer $1.05B | $1.04BGermany | United States
2023
Product Complexity -0.37Rnk 680 / 1044
2022 - 2023
Export Growth (CAGR) 4.2%Rnk 273 / 1217
2023
Share of World Trade 0.048%Rnk 345 / 1217

About

Overview This page contains the latest trade data of Coffee and Tea Extracts. In 2023, Coffee and Tea Extracts were the world's 345th most traded product, with a total trade of $10.9B. Between 2022 and 2023 the exports of Coffee and Tea Extracts grew by 4.2%, from $10.5B to $10.9B. Trade in Coffee and Tea Extracts represent 0.048% of total world trade.

Coffee and Tea Extracts are a part of Miscellaneous edible preparations. They include Coffee extracts, essences, concentrates, preparations, Tea and mate extracts, essences and concentrates, and Chicory & other coffee substitutes, roasted & product.

Exports In 2023 the top exporters of Coffee and Tea Extracts  were Germany ($1.05B), Brazil ($776M), Spain ($700M), Indonesia ($637M), and Vietnam ($616M).

Imports In 2023 the top importers of Coffee and Tea Extracts were United States ($1.04B), Germany ($636M), United Kingdom ($554M), Philippines ($531M), and Netherlands ($421M).

Ranking Coffee and Tea Extracts ranks 680th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Coffee and Tea Extracts. Countries are shown based on data availability.

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

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* 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)Germany$1.05B
Top Destination (2023)United States$1.04B

In 2023 Coffee and Tea Extracts were the world's 345th most traded product (out of 1,217).

In 2023, the top exporters of Coffee and Tea Extracts were Germany ($1.05B), Brazil ($776M), Spain ($700M), Indonesia ($637M), and Vietnam ($616M).

In 2023, the top importers of Coffee and Tea Extracts were United States ($1.04B), Germany ($636M), United Kingdom ($554M), Philippines ($531M), and Netherlands ($421M).

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Exporters of Coffee and Tea Extracts (2023)
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Importers of Coffee and Tea Extracts (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Mexico$94.6M
Top Destination Growth (2022 -  2023)Netherlands$74.8M

Between 2022 and 2023, the exports of Coffee and Tea Extracts grew the fastest in Mexico ($94.6M), Spain ($90.2M), Germany ($82M), United Kingdom ($81.1M), and Poland ($55.8M).

Between 2022 and 2023, the fastest growing importers of Coffee and Tea Extracts were Netherlands ($74.8M), France ($68.9M), Germany ($67.6M), United Kingdom ($65.9M), and Poland ($43M).

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Exporters of Coffee and Tea Extracts (2022 - 2023)

Importers of Coffee and Tea Extracts (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Coffee and Tea Extracts.

In 2023, market concentration measured using Shannon Entropy, was 4.96. This means that most of the exports of Coffee and Tea Extracts are explained by 31 countries.

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Value of Exports in Coffee and Tea Extracts

Net Trade

TOP NET EXPORTER (2023)Brazil$766M
TOP NET IMPORTER (2023)United States$612M

This map shows which countries export or import more of Coffee and Tea Extracts. Each country is colored based on the difference in exports and imports of Coffee and Tea Extracts during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Coffee and Tea Extracts were Brazil ($766M), Vietnam ($550M), Spain ($530M), India ($500M), and Indonesia ($488M).

In 2023, the countries that had a largest trade value in imports than in exports of Coffee and Tea Extracts were United States ($612M), Philippines ($524M), Canada ($195M), Australia ($156M), and Japan ($147M).

Net Trade (2023)

Disaggregation

Value

In 2023, the world most traded Coffee and Tea Extracts, disaggragated by their HS6 level were Coffee extracts, essences, concentrates, preparations ($9.26B), Tea and mate extracts, essences and... ($1.46B), and Chicory & other coffee substitutes, roasted... ($190M)

HS6 Disaggregation for Coffee and Tea Extracts (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 Coffee and Tea Extracts.
It is possible to select the main countries that export or import Coffee and Tea Extracts in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Coffee and Tea Extracts by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALChina+ $12.2M
TOP IMPORT POTENTIALMalaysia+ $6.79M

Coffee and Tea Extracts’s highest export potential is China. With an export gap of $12.2M.  Coffee and Tea Extracts’s highest import potential is Malaysia with an import gap of $6.79M.

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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)

Related Products

This visualization shows products that are likely to be exported by countries that export Coffee and Tea Extracts.

Country by Relatedness

The following visualization shows the relatedness of Coffee and Tea Extracts to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2023)

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