Overview: In 2018, Hops were the world's 975th most traded product, with a total trade of $708M. Between 2017 and 2018 the exports of Hops grew by 13.4%, from $624M to $708M. Trade in Hops represent 0.0038% of total world trade.
Exports: In 2018 the top exporters of Hops were Germany ($291M), United States ($195M), Czechia ($58.1M), Slovenia ($33.5M), and Belgium-Luxembourg ($29.3M).
Imports: In 2018 the top importers of Hops were Germany ($70.3M), United States ($64.6M), United Kingdom ($57.2M), Belgium-Luxembourg ($48M), and Japan ($46.6M).
Tariffs: In 2018 the average tariff for Hops was 6.65%, been the 642 lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Hops are Tunisia (36%), Bahamas (31.2%), Turkey (26.7%), India (25%), and Morocco (24.2%). The countries with the lowest tariffs are Angola (0%), Kenya (0%), Mauritius (0%), Rwanda (0%), and Tanzania (0%).
Ranking: Hops ranks 547th in the Product Complexity Index (PCI).