Hard Liquor2208 (Harmonized System 1992 for 4-digit)
2020 World Trade: $28.8B, Rnk 120 / 1217
2020 Top Exporter | Top Importer: $6.41B | $7.7B, United Kingdom | United States
2020 Product Complexity: -0.44, Rnk 685 / 1028
2019 - 2020 Export Growth (CAGR): -14.5%, Rnk 893 / 1217
2018 Mean Tariff: 29.9%, Rnk 25 / 1259
2020 Share of World Trade: 0.17%, Rnk 120 / 1217
Overview This page contains the latest trade data of Hard Liquor. In 2020, Hard Liquor were the world's 120th most traded product, with a total trade of $28.8B. Between 2019 and 2020 the exports of Hard Liquor decreased by -14.5%, from $33.7B to $28.8B. Trade in Hard Liquor represent 0.17% of total world trade.
Hard Liquor are a part of Beverages, spirits and vinegar.
Exports In 2020 the top exporters of Hard Liquor were United Kingdom ($6.41B), France ($4.69B), Mexico ($2.69B), United States ($1.91B), and Ireland ($1.26B).
Imports In 2020 the top importers of Hard Liquor were United States ($7.7B), China ($1.92B), Germany ($1.54B), Singapore ($1.15B), and France ($1.11B).
Tariffs In 2018 the average tariff for Hard Liquor was 29.9%, making it the 25th lowest tariff using the HS4 product classification.
Ranking Hard Liquor ranks 685th in the Product Complexity Index (PCI).
The following visualization shows the latest trends on Hard Liquor. 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): United Kingdom, $6.41B
Top Destination (2020): United States, $7.7B
Hard Liquor are the world's 120th most traded product.
In 2020, the top exporters of Hard Liquor were United Kingdom ($6.41B), France ($4.69B), Mexico ($2.69B), United States ($1.91B), and Ireland ($1.26B).
In 2020, the top importers of Hard Liquor were United States ($7.7B), China ($1.92B), Germany ($1.54B), Singapore ($1.15B), and France ($1.11B).
Trade by country
Between 2019 and 2020, the exports of Hard Liquor grew the fastest in Mexico ($572M), Japan ($85.3M), Poland ($33.4M), Chinese Taipei ($26.7M), and Austria ($22.8M).
Between 2019 and 2020, the fastest growing importers of Hard Liquor were Canada ($46.4M), Poland ($36.2M), China ($23.5M), Ukraine ($14.8M), and Ghana ($14.5M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Hard Liquor.
In 2020, market concentration measured using Shannon Entropy, was 4.29. This means that most of the exports of Hard Liquor are explained by 19 countries.
TOP NET EXPORTER (2020): United Kingdom, $5.5B
TOP NET IMPORTER (2020): United States, $5.79B
This map shows which countries export or import more of Hard Liquor. Each country is colored based on the difference in exports and imports of Hard Liquor during 2020.
In 2020, the countries that had a largest trade value in exports than in imports of Hard Liquor were United Kingdom ($5.5B), France ($3.57B), Mexico ($2.44B), Ireland ($1.12B), and Italy ($768M).
In 2020, the countries that had a largest trade value in imports than in exports of Hard Liquor were United States ($5.79B), China ($1.41B), Russia ($642M), Germany ($570M), and Australia ($496M).
In 2020, the world most traded Hard Liquor, disaggragated by their HS6 level were Alcoholic liqueurs nes ($10.5B), Whiskies ($9.78B), Spirits obtained by distilling grape wine,... ($5.85B), Rum and tafia ($1.42B), and Gin and Geneva ($1.24B)
This visualization shows the countries that have an important ratio of their trade related to Hard Liquor. It is possible to select the main countries that export or import Hard Liquor 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.
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