Flavored Water2202 (Harmonized System 1992 for 4-digit)
2020 World Trade: $21.3B, Rnk 172 / 1217
2020 Top Exporter | Top Importer: $2.86B | $2.97B, Austria | United States
2020 Product Complexity: -0.42, Rnk 672 / 1028
2019 - 2020 Export Growth (CAGR): 0.28%, Rnk 332 / 1217
2018 Mean Tariff: 3.96k%, Rnk 7 / 1259
2020 Share of World Trade: 0.13%, Rnk 172 / 1217
Overview This page contains the latest trade data of Flavored Water. In 2020, Flavored Water were the world's 172nd most traded product, with a total trade of $21.3B. Between 2019 and 2020 the exports of Flavored Water grew by 0.28%, from $21.3B to $21.3B. Trade in Flavored Water represent 0.13% of total world trade.
Flavored Water are a part of Beverages, spirits and vinegar. They include Non-alcoholic beverages nes, except fruit, veg juices and Beverage waters, sweetened or flavoured.
Exports In 2020 the top exporters of Flavored Water were Austria ($2.86B), Germany ($1.89B), Netherlands ($1.72B), United States ($1.26B), and Thailand ($1.24B).
Imports In 2020 the top importers of Flavored Water were United States ($2.97B), Germany ($1.44B), United Kingdom ($1.33B), Netherlands ($943M), and Canada ($913M).
Tariffs In 2018 the average tariff for Flavored Water was 3.96k%, making it the 7th lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Flavored Water are Nauru (3.08M%), Papua New Guinea (1.4M%), Seychelles (1.23M%), Fiji (1.08M%), and Azerbaijan (1.05M%). The countries with the lowest tariffs are Liberia (0%), Hong Kong (0%), Singapore (0%), Bosnia and Herzegovina (0%), and Switzerland (0%).
Ranking Flavored Water ranks 672nd in the Product Complexity Index (PCI).
The following visualization shows the latest trends on Flavored Water. Countries are shown based on data availability.
For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.
* Using January 2020 exchange rates when trade data is reported in local currency.
Trade By Country
Top Origin (2020): Austria, $2.86B
Top Destination (2020): United States, $2.97B
Flavored Water are the world's 172nd most traded product.
In 2020, the top exporters of Flavored Water were Austria ($2.86B), Germany ($1.89B), Netherlands ($1.72B), United States ($1.26B), and Thailand ($1.24B).
In 2020, the top importers of Flavored Water were United States ($2.97B), Germany ($1.44B), United Kingdom ($1.33B), Netherlands ($943M), and Canada ($913M).
Trade by country
Top Origin Growth (2019 - 2020): Netherlands, $144M
Top Destination Growth (2019 - 2020): United States, $340M
Between 2019 and 2020, the exports of Flavored Water grew the fastest in Netherlands ($144M), Austria ($128M), Italy ($98.9M), Mexico ($81.5M), and Spain ($73.6M).
Between 2019 and 2020, the fastest growing importers of Flavored Water were United States ($340M), Germany ($144M), China ($139M), Netherlands ($99M), and Kuwait ($84M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Flavored Water.
In 2020, market concentration measured using Shannon Entropy, was 5.04. This means that most of the exports of Flavored Water are explained by 32 countries.
TOP NET EXPORTER (2020): Austria, $2.62B
TOP NET IMPORTER (2020): United States, $1.71B
This map shows which countries export or import more of Flavored Water. Each country is colored based on the difference in exports and imports of Flavored Water during 2020.
In 2020, the countries that had a largest trade value in exports than in imports of Flavored Water were Austria ($2.62B), Thailand ($1.19B), Switzerland ($874M), Netherlands ($781M), and Germany ($459M).
In 2020, the countries that had a largest trade value in imports than in exports of Flavored Water were United States ($1.71B), United Kingdom ($735M), Canada ($569M), Vietnam ($419M), and China ($376M).
In 2020, the world most traded Flavored Water, disaggragated by their HS6 level were Non-alcoholic beverages nes, except fruit, veg... ($11.3B) and Beverage waters, sweetened or flavoured ($10.1B)
This visualization shows the countries that have an important ratio of their trade related to Flavored Water. It is possible to select the main countries that export or import Flavored Water in the world, or by continent, as well as select the measure of interest.
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.
Have questions, comments, or concerns?
Send us an e-mail: [email protected]
v5.1.10 dog