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2023
World Trade $354MRnk 3185 / 4644
2023
Top Exporter | Top Importer $153M | $33.9MUnited States | Brazil
2023
Product Complexity 0.95Rnk 850 / 4656
2022 - 2023
Export Growth (CAGR) -9.78%Rnk 2680 / 4644
2023
Share of World Trade 0.0016%Rnk 3185 / 4644

About

Overview This page contains the latest trade data of Hop extract. In 2023, Hop extract were the world's 3185th most traded product, with a total trade of $354M. Between 2022 and 2023 the exports of Hop extract decreased by -9.78%, from $393M to $354M. Trade in Hop extract represent 0.0016% of total world trade.

Hop extract are a part of Vegetable Saps.

Exports In 2023 the top exporters of Hop extract  were United States ($153M), Germany ($133M), United Kingdom ($33.4M), Belgium ($13.8M), and France ($5.37M).

Imports In 2023 the top importers of Hop extract were Brazil ($33.9M), Germany ($31.1M), United Kingdom ($20.3M), Mexico ($17.2M), and Spain ($15.4M).

Ranking Hop extract ranks 850th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

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 (2023)United States$153M
Top Destination (2023)Brazil$33.9M

In 2023 Hop extract were the world's 3185th most traded product (out of 4,644).

In 2023, the top exporters of Hop extract were United States ($153M), Germany ($133M), United Kingdom ($33.4M), Belgium ($13.8M), and France ($5.37M).

In 2023, the top importers of Hop extract were Brazil ($33.9M), Germany ($31.1M), United Kingdom ($20.3M), Mexico ($17.2M), and Spain ($15.4M).

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Exporters of Hop extract (2023)
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Importers of Hop extract (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Netherlands$816k
Top Destination Growth (2022 -  2023)Germany$8.16M

Between 2022 and 2023, the exports of Hop extract grew the fastest in Netherlands ($816k), India ($473k), Peru ($181k), Gambia ($181k), and Ireland ($151k).

Between 2022 and 2023, the fastest growing importers of Hop extract were Germany ($8.16M), Japan ($3.93M), Italy ($2.26M), Ethiopia ($2.17M), and China ($2.1M).

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Exporters of Hop extract (2022 - 2023)

Importers of Hop extract (2022 - 2023)

Market Concentration

Value

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

In 2023, market concentration measured using Shannon Entropy, was 2.03. 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 (2023)United States$149M
TOP NET IMPORTER (2023)Brazil$33.6M

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 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Hop extract were United States ($149M), Germany ($102M), United Kingdom ($13.1M), Hong Kong ($1.05M), and Slovenia ($570k).

In 2023, the countries that had a largest trade value in imports than in exports of Hop extract were Brazil ($33.6M), Mexico ($17.2M), Japan ($15M), Spain ($14.8M), and Russia ($11.6M).

Net Trade (2023)

Country Comparison

Flow
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 (2023)

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