HS Icon Grape wines, alcoholic grape must nes

220429 (Harmonized System 1992 for 6-digit)

Overview This page contains the latest trade data of Grape wines, alcoholic grape must nes. In 2020, Grape wines, alcoholic grape must nes were the world's 761st most traded product, with a total trade of $3.81B. Between 2019 and 2020 the exports of Grape wines, alcoholic grape must nes grew by 4.98%, from $3.63B to $3.81B. Trade in Grape wines, alcoholic grape must nes represent 0.023% of total world trade.

Grape wines, alcoholic grape must nes are a part of Wine.

Exports In 2020 the top exporters of Grape wines, alcoholic grape must nes  were Spain ($622M), Australia ($455M), Italy ($439M), France ($399M), and New Zealand ($356M).

Imports In 2020 the top importers of Grape wines, alcoholic grape must nes were United Kingdom ($759M), Germany ($540M), United States ($367M), France ($276M), and Sweden ($200M).

Tariffs In 2018 the average tariff for Grape wines, alcoholic grape must nes was 7.92k%, making it the 13th lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Grape wines, alcoholic grape must nes are Cook Islands (11.2M%), Palau (8.55M%), Cayman Islands (7.97M%), Solomon Islands (7.35M%), and Nauru (6.73M%). The countries with the lowest tariffs are Liberia (0%), United Arab Emirates (0%), Hong Kong (0%), Japan (0%), and Kuwait (0%).

Ranking Grape wines, alcoholic grape must nes ranks 3161st in the Product Complexity Index (PCI).

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The following visualization shows the latest trends on Grape wines, alcoholic grape must nes. 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.

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Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2020): Spain, $622M

Top Destination (2020): United Kingdom, $759M

Grape wines, alcoholic grape must nes are the world's 761st most traded product.

In 2020, the top exporters of Grape wines, alcoholic grape must nes were Spain ($622M), Australia ($455M), Italy ($439M), France ($399M), and New Zealand ($356M).

In 2020, the top importers of Grape wines, alcoholic grape must nes were United Kingdom ($759M), Germany ($540M), United States ($367M), France ($276M), and Sweden ($200M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2019 -  2020): New Zealand, $75.4M

Top Destination Growth (2019 - 2020): United Kingdom, $114M

Between 2019 and 2020, the exports of Grape wines, alcoholic grape must nes grew the fastest in New Zealand ($75.4M), France ($47.8M), Australia ($40.3M), United States ($34.5M), and Argentina ($20.8M).

Between 2019 and 2020, the fastest growing importers of Grape wines, alcoholic grape must nes were United Kingdom ($114M), Australia ($50.7M), United States ($42.7M), Norway ($41.2M), and Sweden ($34.1M).

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Market Concentration

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Cumulative market share

Value

This chart shows the evolution of the market concentration of exports of Grape wines, alcoholic grape must nes.

In 2020,  market concentration measured using Shannon Entropy, was 3.85. This means that most of the exports of Grape wines, alcoholic grape must nes are explained by 14 countries.

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TOP NET EXPORTER (2020): Spain, $595M

TOP NET IMPORTER (2020): United Kingdom, $704M

This map shows which countries export or import more of Grape wines, alcoholic grape must nes. Each country is colored based on the difference in exports and imports of Grape wines, alcoholic grape must nes during 2020.

In 2020, the countries that had a largest trade value in exports than in imports of Grape wines, alcoholic grape must nes were Spain ($595M), Italy ($374M), Australia ($346M), New Zealand ($337M), and Chile ($331M).

In 2020, the countries that had a largest trade value in imports than in exports of Grape wines, alcoholic grape must nes were United Kingdom ($704M), Germany ($440M), Sweden ($195M), China ($131M), and Belgium ($131M).

Disaggregation

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Value

In 2019, the world most traded Grape wines, alcoholic grape must nes, disaggragated by their HS6 level were Grape wines, alcoholic grape must nes ($3.81B)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Grape wines, alcoholic grape must nes.
It is possible to select the main countries that export or import Grape wines, alcoholic grape must nes in the world, or by continent, as well as select the measure of interest.

Import Tariffs

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In 2018, the average tariff for importing Grape wines, alcoholic grape must nes was 7.92k%. The countries with the highest tariffs for importing Grape wines, alcoholic grape must nes were Cook Islands (11.2M%), Palau (8.55M%), Cayman Islands (7.97M%), Solomon Islands (7.35M%), and Nauru (6.73M%).

Product Complexity

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Diversification Frontier

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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.