HS Icon Grape wines, sparkling

220410 (Harmonized System 1992 for 6-digit)

World Trade (2018): $7.16B, Rnk 452 / 4726

Top Exporter (2018): $3.77B, France

Top Importer (2018): $1.26B, United States

Product Complexity (2018): 0.2, Rnk 2247 / 4873

Export Growth (CAGR)(2017 - 2018): 8.82%, Rnk 2835 / 4726

Mean Tariff (2018): 20.4%, Rnk 570 / 6538

Share of World Trade (2018): 0.039%, Rnk 452 / 4726

Overview:  This page contains the latest trade data of Grape wines, sparkling. In 2018, Grape wines, sparkling were the world's 452nd most traded product, with a total trade of $7.16B. Between 2017 and 2018 the exports of Grape wines, sparkling grew by 8.82%, from  $6.58B to $7.16B. Trade in Grape wines, sparkling represent 0.039% of total world trade.

Exports: In 2018 the top exporters of Grape wines, sparkling  were France ($3.77B), Italy ($1.78B), Spain ($583M), Singapore ($322M), and Germany ($140M).

Imports: In 2018 the top importers of Grape wines, sparkling were United States ($1.26B), United Kingdom ($1.08B), Japan ($612M), Germany ($542M), and Singapore ($356M).

Tariffs: In 2018 the average tariff for Grape wines, sparkling was 20.4%, been the 570 lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Grape wines, sparkling are Egypt (2.63k%), India (150%), Saudi Arabia (91.9%), Oman (91.9%), and Indonesia (90%). The countries with the lowest tariffs are Liberia (0%), United Arab Emirates (0%), Hong Kong (0%), Japan (0%), and Kuwait (0%).

Ranking: Grape wines, sparkling ranks 2247th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): France, $3.77B

Top Destination (2018): United States, $1.26B

Grape wines, sparkling are the world's 452nd most traded product.

In 2018, the top exporters of Grape wines, sparkling were France ($3.77B), Italy ($1.78B), Spain ($583M), Singapore ($322M), and Germany ($140M).

In 2018, the top importers of Grape wines, sparkling were United States ($1.26B), United Kingdom ($1.08B), Japan ($612M), Germany ($542M), and Singapore ($356M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Italy, $261M

Top Destination Growth (2017 - 2018): United Kingdom, $188M

Between 2017 and 2018, the exports of Grape wines, sparkling grew the fastest in Italy ($261M), Spain ($57.3M), France ($46.8M), Netherlands ($28.2M), and Singapore ($23.7M).

Between 2017 and 2018, the fastest growing importers of Grape wines, sparkling were United Kingdom ($188M), Germany ($60.1M), France ($46.1M), Netherlands ($44.5M), and United States ($43.8M).

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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 Grape wines, sparkling.

In 2018,  market concentration measured using Shannon Entropy, was 2.25. This means that most of the exports of Grape wines, sparkling are explained by 4 countries.

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TOP NET EXPORTER (2018): France, $3.64B

TOP NET IMPORTER (2018): United States, $1.22B

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

In 2018, the countries that had a largest trade value in exports than in imports of Grape wines, sparkling were France ($3.64B), Italy ($1.57B), Spain ($449M), Chile ($12.1M), and Argentina ($11.7M).

In 2018, the countries that had a largest trade value in imports than in exports of Grape wines, sparkling were United States ($1.22B), United Kingdom ($1.03B), Japan ($612M), Germany ($402M), and Belgium-Luxembourg ($311M).

Trade Forecasts

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This section shows forecasts for total trade for Grape wines, sparkling. 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 Grape wines, sparkling was 20.4%.  The countries with the highest tariffs for importing Grape wines, sparkling were Egypt (2.63k%), India (150%), Saudi Arabia (91.9%), Oman (91.9%), and Indonesia (90%).

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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.