220870 (Harmonized System 1996 for 6-digit)

About

Overview This page contains the latest trade data of Liqueurs and cordials. In 2022, Liqueurs and cordials were the world's 939th most traded product, with a total trade of $4B. Between 2021 and 2022 the exports of Liqueurs and cordials grew by 3.2%, from $3.88B to $4B. Trade in Liqueurs and cordials represent 0.017% of total world trade.

Liqueurs and cordials are a part of volume; spirits, liqueurs and other spirituous beverages.

Exports In 2022 the top exporters of Liqueurs and cordials  were Germany ($651M), Italy ($582M), France ($461M), Ireland ($424M), and Netherlands ($253M).

Imports In 2022 the top importers of Liqueurs and cordials were United States ($996M), Germany ($310M), United Kingdom ($251M), Netherlands ($172M), and Canada ($148M).

Ranking Liqueurs and cordials ranks 3217th in the Product Complexity Index (PCI).

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Liqueurs and cordials. 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)Germany$651M
Top Destination (2022)United States$996M

In 2022 Liqueurs and cordials were the world's 939th most traded product (out of 4,769).

In 2022, the top exporters of Liqueurs and cordials were Germany ($651M), Italy ($582M), France ($461M), Ireland ($424M), and Netherlands ($253M).

In 2022, the top importers of Liqueurs and cordials were United States ($996M), Germany ($310M), United Kingdom ($251M), Netherlands ($172M), and Canada ($148M).

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Exporters of Liqueurs and cordials (2022)
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Importers of Liqueurs and cordials (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Germany$55.8M
Top Destination Growth (2021 -  2022)United States$76.3M

Between 2021 and 2022, the exports of Liqueurs and cordials grew the fastest in Germany ($55.8M), Italy ($47.2M), Netherlands ($38.4M), United States ($28.7M), and Mexico ($16.4M).

Between 2021 and 2022, the fastest growing importers of Liqueurs and cordials were United States ($76.3M), Netherlands ($27.4M), South Africa ($23M), United Arab Emirates ($18.4M), and Spain ($12.5M).

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Exporters of Liqueurs and cordials (2021 - 2022)

Importers of Liqueurs and cordials (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Liqueurs and cordials.

In 2022, market concentration measured using Shannon Entropy, was 4.14. This means that most of the exports of Liqueurs and cordials are explained by 17 countries.

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Value of Exports in Liqueurs and cordials

Net Trade

TOP NET EXPORTER (2022)Italy$483M
TOP NET IMPORTER (2022)United States$817M

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

In 2022, the countries that had a largest trade value in exports than in imports of Liqueurs and cordials were Italy ($483M), Ireland ($392M), France ($348M), Germany ($341M), and Spain ($107M).

In 2022, the countries that had a largest trade value in imports than in exports of Liqueurs and cordials were United States ($817M), Australia ($81.4M), China ($60.7M), Chile ($48.9M), and Switzerland ($35.9M).

Net Trade (2022)

Country Comparison

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Ranking

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

Top 10 Exporters Countries of Liqueurs and cordials 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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