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130213 (Harmonized System 1992 for 6-digit)

2022
World Trade $423MRnk 3095 / 4648
2022
Top Exporter | Top Importer $182M | $36.5MUnited States | Brazil
2022
Product Complexity 0.99Rnk 775 / 4653
2021 - 2022
Export Growth (CAGR) -3.78%Rnk 3452 / 4648
2022
Share of World Trade 0.0018%Rnk 3095 / 4648

About

Overview This page contains the latest trade data of Hop extract. In 2022, Hop extract were the world's 3095th most traded product, with a total trade of $423M. Between 2021 and 2022 the exports of Hop extract decreased by -3.78%, from $439M to $423M. Trade in Hop extract represent 0.0018% of total world trade.

Hop extract are a part of Vegetable Saps.

Exports In 2022 the top exporters of Hop extract  were United States ($182M), Germany ($154M), United Kingdom ($46.7M), Belgium ($12.5M), and France ($5.98M).

Imports In 2022 the top importers of Hop extract were Brazil ($36.5M), Mexico ($36.1M), United Kingdom ($28M), Germany ($26.2M), and China ($21.8M).

Ranking Hop extract ranks 775th in the Product Complexity Index (PCI).

Description -

Latest Trends

Latest Data

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Flow
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The following visualization shows the latest trends on Hop extract. 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 (2022)United States$182M
Top Destination (2022)Brazil$36.5M

In 2022 Hop extract were the world's 3095th most traded product (out of 4,648).

In 2022, the top exporters of Hop extract were United States ($182M), Germany ($154M), United Kingdom ($46.7M), Belgium ($12.5M), and France ($5.98M).

In 2022, the top importers of Hop extract were Brazil ($36.5M), Mexico ($36.1M), United Kingdom ($28M), Germany ($26.2M), and China ($21.8M).

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Exporters of Hop extract (2022)
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Importers of Hop extract (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)United States$9.2M
Top Destination Growth (2021 -  2022)Germany$12.7M

Between 2021 and 2022, the exports of Hop extract grew the fastest in United States ($9.2M), United Kingdom ($1.79M), Slovenia ($1.63M), Switzerland ($995k), and Poland ($315k).

Between 2021 and 2022, the fastest growing importers of Hop extract were Germany ($12.7M), Thailand ($7.1M), Vietnam ($4.42M), Brazil ($4.39M), and Turkey ($2.18M).

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Exporters of Hop extract (2021 - 2022)

Importers of Hop extract (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Hop extract.

In 2022, market concentration measured using Shannon Entropy, was 2.07. This means that most of the exports of Hop extract are explained by 4 countries.

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Value of Exports in Hop extract

Net Trade

TOP NET EXPORTER (2022)United States$176M
TOP NET IMPORTER (2022)Brazil$36.3M

This map shows which countries export or import more of Hop extract. Each country is colored based on the difference in exports and imports of Hop extract during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Hop extract were United States ($176M), Germany ($128M), United Kingdom ($18.7M), Hong Kong ($779k), and Switzerland ($206k).

In 2022, the countries that had a largest trade value in imports than in exports of Hop extract were Brazil ($36.3M), China ($17.8M), Vietnam ($17.2M), Spain ($13M), and Netherlands ($11.9M).

Net Trade (2022)

Country Comparison

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Measure
Ranking

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

Top 10 Exporters Countries of Hop extract by percentage of total exports

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 (2022)

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