HS Icon Mineral and aerated waters not sweetened or flavoured

220110 (Harmonized System 1992 for 6-digit)

World Trade (2018): $2.87B, Rnk 1048 / 4726

Top Exporter (2018): $914M, France

Top Importer (2018): $532M, United States

Product Complexity (2018): -0.87, Rnk 3845 / 4873

Export Growth (CAGR)(2017 - 2018): 13.7%, Rnk 2083 / 4726

Mean Tariff (2018): 20.7%, Rnk 561 / 6538

Share of World Trade (2018): 0.016%, Rnk 1048 / 4726

Overview:  This page contains the latest trade data of Mineral and aerated waters not sweetened or flavoured. In 2018, Mineral and aerated waters not sweetened or flavoured were the world's 1048th most traded product, with a total trade of $2.87B. Between 2017 and 2018 the exports of Mineral and aerated waters not sweetened or flavoured grew by 13.7%, from  $2.52B to $2.87B. Trade in Mineral and aerated waters not sweetened or flavoured represent 0.016% of total world trade.

Exports: In 2018 the top exporters of Mineral and aerated waters not sweetened or flavoured  were France ($914M), Italy ($670M), Belgium-Luxembourg ($208M), Georgia ($112M), and Germany ($107M).

Imports: In 2018 the top importers of Mineral and aerated waters not sweetened or flavoured were United States ($532M), Germany ($257M), Belgium-Luxembourg ($251M), United Kingdom ($166M), and France ($154M).

Tariffs: In 2018 the average tariff for Mineral and aerated waters not sweetened or flavoured was 20.7%, been the 561 lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Mineral and aerated waters not sweetened or flavoured are Belize (97%), Bahamas (89.2%), Angola (70%), Zimbabwe (69.9%), and Iran (60%). The countries with the lowest tariffs are South Africa (0%), Hong Kong (0%), Singapore (0%), Turkey (0%), and Bosnia and Herzegovina (0%).

Ranking: Mineral and aerated waters not sweetened or flavoured ranks 3845th in the Product Complexity Index (PCI).

Exporters and Importers

#permalink to section

Trade By Country

Top Origin (2018): France, $914M

Top Destination (2018): United States, $532M

Mineral and aerated waters not sweetened or flavoured are the world's 1048th most traded product.

In 2018, the top exporters of Mineral and aerated waters not sweetened or flavoured were France ($914M), Italy ($670M), Belgium-Luxembourg ($208M), Georgia ($112M), and Germany ($107M).

In 2018, the top importers of Mineral and aerated waters not sweetened or flavoured were United States ($532M), Germany ($257M), Belgium-Luxembourg ($251M), United Kingdom ($166M), and France ($154M).

Explore Visualizations

Market Dynamics

#permalink to section

Trade by country

Value

Top Origin Growth (2017 -  2018): Italy, $99.1M

Top Destination Growth (2017 - 2018): United States, $96.1M

Between 2017 and 2018, the exports of Mineral and aerated waters not sweetened or flavoured grew the fastest in Italy ($99.1M), Belgium-Luxembourg ($42.8M), Fiji ($42.4M), Spain ($25.1M), and Mexico ($15.2M).

Between 2017 and 2018, the fastest growing importers of Mineral and aerated waters not sweetened or flavoured were United States ($96.1M), France ($43M), Germany ($33.4M), Belgium-Luxembourg ($19.6M), and Netherlands ($19.2M).

Explore Visualizations

Market Concentration

#permalink to section

Cumulative market share

This chart shows the evolution of the market concentration of exports of Mineral and aerated waters not sweetened or flavoured.

In 2018,  market concentration measured using Shannon Entropy, was 3.71. This means that most of the exports of Mineral and aerated waters not sweetened or flavoured are explained by 13 countries.

Explore Visualizations

TOP NET EXPORTER (2018): France, $760M

TOP NET IMPORTER (2018): United States, $475M

This map shows which countries export or import more of Mineral and aerated waters not sweetened or flavoured. Each country is colored based on the difference in exports and imports of Mineral and aerated waters not sweetened or flavoured during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Mineral and aerated waters not sweetened or flavoured were France ($760M), Italy ($660M), Georgia ($112M), Fiji ($65.1M), and Mexico ($41.2M).

In 2018, the countries that had a largest trade value in imports than in exports of Mineral and aerated waters not sweetened or flavoured were United States ($475M), Germany ($150M), Japan ($127M), United Kingdom ($105M), and Netherlands ($102M).

Trade Forecasts

#permalink to section

This section shows forecasts for total trade for Mineral and aerated waters not sweetened or flavoured. The forecast is based in a long short-term memory model or LSTM constructed using yearly trade data.

Explore Forecasts

Import Tariffs

#permalink to section

In 2018, the average tariff for importing Mineral and aerated waters not sweetened or flavoured was 20.7%.  The countries with the highest tariffs for importing Mineral and aerated waters not sweetened or flavoured were Belize (97%), Bahamas (89.2%), Angola (70%), Zimbabwe (69.9%), and Iran (60%).

Explore Tariff Data

Product Complexity

#permalink to section

Diversification Frontier

#permalink to section
Filter

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.