HS Icon Beer

2203 (Harmonized System 1992 for 4-digit)

World Trade (2018): $16B, Rnk 228 / 1225

Top Exporter (2018): $4.66B, Mexico

Top Importer (2018): $5.46B, United States

Product Complexity (2018): -0.32, Rnk 645 / 1018

Export Growth (CAGR)(2017 - 2018): 11.1%, Rnk 715 / 1225

Mean Tariff (2018): 32.7%, Rnk 15 / 1259

Share of World Trade (2018): 0.087%, Rnk 228 / 1225

Overview: In 2018, Beer were the world's 228th most traded product, with a total trade of $16B. Between 2017 and 2018 the exports of Beer grew by 11.1%, from  $14.4B to $16B. Trade in Beer represent 0.087% of total world trade.

Exports: In 2018 the top exporters of Beer  were Mexico ($4.66B), Netherlands ($2.02B), Belgium-Luxembourg ($1.9B), Germany ($1.33B), and United States ($686M).

Imports: In 2018 the top importers of Beer were United States ($5.46B), France ($1.06B), China ($831M), Italy ($750M), and United Kingdom ($682M).

Tariffs: In 2018 the average tariff for Beer was 32.7%, been the 15 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Beer are Egypt (1.05k%), Jordan (196%), Romania (105%), India (99.6%), and Belize (97%). The countries with the lowest tariffs are Liberia (0%), United Arab Emirates (0%), Armenia (0%), China (0%), and Hong Kong (0%).

Ranking: Beer ranks 645th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): Mexico, $4.66B

Top Destination (2018): United States, $5.46B

Beer are the world's 228th most traded product.

In 2018, the top exporters of Beer were Mexico ($4.66B), Netherlands ($2.02B), Belgium-Luxembourg ($1.9B), Germany ($1.33B), and United States ($686M).

In 2018, the top importers of Beer were United States ($5.46B), France ($1.06B), China ($831M), Italy ($750M), and United Kingdom ($682M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Mexico, $569M

Top Destination Growth (2017 - 2018): United States, $316M

Between 2017 and 2018, the exports of Beer grew the fastest in Mexico ($569M), Belgium-Luxembourg ($199M), United Kingdom ($187M), Germany ($110M), and Netherlands ($107M).

Between 2017 and 2018, the fastest growing importers of Beer were United States ($316M), France ($209M), Italy ($173M), China ($131M), and Russia ($74.9M).

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Market Concentration

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Cumulative market share

This chart shows the evolution of the market concentration of exports of Beer.

In 2018,  market concentration measured using Shannon Entropy, was 3.99. This means that most of the exports of Beer are explained by 15 countries.

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TOP NET EXPORTER (2018): Mexico, $4.48B

TOP NET IMPORTER (2018): United States, $4.77B

This map shows which countries export or import more of Beer. Each country is colored based on the difference in exports and imports of Beer during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Beer were Mexico ($4.48B), Belgium-Luxembourg ($1.67B), Netherlands ($1.56B), Germany ($832M), and Ireland ($323M).

In 2018, the countries that had a largest trade value in imports than in exports of Beer were United States ($4.77B), France ($652M), China ($575M), Italy ($523M), and Canada ($366M).

Trade Forecasts

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This section shows forecasts for total trade for Beer. The forecast is based in a long short-term memory model or LSTM constructed using yearly trade data.

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Import Tariffs

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In 2018, the average tariff for importing Beer was 32.7%.  The countries with the highest tariffs for importing Beer were Egypt (1.05k%), Jordan (196%), Romania (105%), India (99.6%), and Belize (97%).

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Product Complexity

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Diversification Frontier

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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.