HopsHop cones, fresh or dried, whether or not ground, powdered or in the form of pellets; lupulin
1210 (Harmonized System 1992 for 4-digit)
2021 World Trade: $835M, Rnk 966 / 1217
2021 Top Exporter | Top Importer: $323M | $83M, Germany | Germany
2021 Product Complexity: 0.41, Rnk 409 / 1024
2020 - 2021 Export Growth (CAGR): 17.7%, Rnk 754 / 1217
2018 Mean Tariff: 6.48%, Rnk 656 / 1259
2021 Share of World Trade: 0.004%, Rnk 966 / 1217
Overview This page contains the latest trade data of Hops. In 2021, Hops were the world's 966th most traded product, with a total trade of $835M. Between 2020 and 2021 the exports of Hops grew by 17.7%, from $710M to $835M. Trade in Hops represent 0.004% of total world trade.
Hops are a part of Oils seeds, oleaginous fruits, grains, straw & fodder. They include Hop cones, ground, powdered or pelleted and lupulin and Hop cones, not ground, powdered or pelleted.
Exports In 2021 the top exporters of Hops were Germany ($323M), United States ($275M), Czechia ($63.9M), New Zealand ($37.1M), and Belgium ($30M).
Imports In 2021 the top importers of Hops were Germany ($83M), United States ($81.4M), Belgium ($75.9M), United Kingdom ($59.4M), and China ($55M).
Tariffs In 2018 the average tariff for Hops was 6.48%, making it the 656th lowest tariff using the HS4 product classification.
Ranking Hops ranks 409th in the Product Complexity Index (PCI).
The following visualization shows the latest trends on Hops. 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
Hops are the world's 966th most traded product.
In 2021, the top exporters of Hops were Germany ($323M), United States ($275M), Czechia ($63.9M), New Zealand ($37.1M), and Belgium ($30M).
In 2021, the top importers of Hops were Germany ($83M), United States ($81.4M), Belgium ($75.9M), United Kingdom ($59.4M), and China ($55M).
Trade by country
Top Origin Growth (2020 - 2021): United States, $76.2M
Top Destination Growth (2020 - 2021): Belgium, $36.3M
Between 2020 and 2021, the exports of Hops grew the fastest in United States ($76.2M), Germany ($28.6M), Belgium ($19.4M), New Zealand ($6.23M), and Czechia ($4.87M).
Between 2020 and 2021, the fastest growing importers of Hops were Belgium ($36.3M), Germany ($24.9M), Brazil ($17.5M), Czechia ($8.76M), and China ($7.1M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Hops.
In 2021, market concentration measured using Shannon Entropy, was 2.52. This means that most of the exports of Hops are explained by 5 countries.
This map shows which countries export or import more of Hops. Each country is colored based on the difference in exports and imports of Hops during 2021.
In 2021, the countries that had a largest trade value in exports than in imports of Hops were Germany ($240M), United States ($194M), Czechia ($45.7M), New Zealand ($29.3M), and Slovenia ($22.5M).
In 2021, the countries that had a largest trade value in imports than in exports of Hops were China ($54.3M), Canada ($51.8M), Brazil ($49.4M), United Kingdom ($48.2M), and Japan ($46.1M).
In 2021, the world most traded Hops, disaggragated by their HS6 level were Hop cones, ground, powdered or pelleted... ($759M) and Hop cones, not ground, powdered or... ($76.6M)
This visualization shows the countries that have an important ratio of their trade related to Hops. It is possible to select the main countries that export or import Hops 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]
v5.1.17 quail