HS Icon Alcohol > 80% ABV

2207 (Harmonized System 1992 for 4-digit)

World Trade (2018): $8.95B, Rnk 352 / 1225

Top Exporter (2018): $2.73B, United States

Top Importer (2018): $839M, Netherlands

Product Complexity (2018): -1.16, Rnk 859 / 1018

Export Growth (CAGR)(2017 - 2018): 10.9%, Rnk 729 / 1225

Mean Tariff (2018): 53.5%, Rnk 3 / 1259

Share of World Trade (2018): 0.049%, Rnk 352 / 1225

Overview: In 2018, Alcohol > 80% ABV were the world's 352nd most traded product, with a total trade of $8.95B. Between 2017 and 2018 the exports of Alcohol > 80% ABV grew by 10.9%, from  $8.07B to $8.95B. Trade in Alcohol > 80% ABV represent 0.049% of total world trade.

Exports: In 2018 the top exporters of Alcohol > 80% ABV  were United States ($2.73B), Brazil ($905M), Netherlands ($772M), France ($642M), and Pakistan ($490M).

Imports: In 2018 the top importers of Alcohol > 80% ABV were Netherlands ($839M), Germany ($806M), Brazil ($764M), United States ($635M), and Canada ($619M).

Tariffs: In 2018 the average tariff for Alcohol > 80% ABV was 53.5%, been the 3 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Alcohol > 80% ABV are Malaysia (898%), Barbados (440%), Cyprus (365%), Poland (268%), and Trinidad and Tobago (136%). The countries with the lowest tariffs are South Africa (0%), Hong Kong (0%), Laos (0%), Singapore (0%), and Switzerland (0%).

Ranking: Alcohol > 80% ABV ranks 859th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): United States, $2.73B

Top Destination (2018): Netherlands, $839M

Alcohol > 80% ABV are the world's 352nd most traded product.

In 2018, the top exporters of Alcohol > 80% ABV were United States ($2.73B), Brazil ($905M), Netherlands ($772M), France ($642M), and Pakistan ($490M).

In 2018, the top importers of Alcohol > 80% ABV were Netherlands ($839M), Germany ($806M), Brazil ($764M), United States ($635M), and Canada ($619M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): United States, $235M

Top Destination Growth (2017 - 2018): China, $290M

Between 2017 and 2018, the exports of Alcohol > 80% ABV grew the fastest in United States ($235M), Netherlands ($112M), Indonesia ($110M), Pakistan ($106M), and Brazil ($81.5M).

Between 2017 and 2018, the fastest growing importers of Alcohol > 80% ABV were China ($290M), South Korea ($190M), Belgium-Luxembourg ($98.3M), Malaysia ($94.2M), and Netherlands ($74.5M).

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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 Alcohol > 80% ABV.

In 2018,  market concentration measured using Shannon Entropy, was 4.02. This means that most of the exports of Alcohol > 80% ABV are explained by 16 countries.

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TOP NET EXPORTER (2018): United States, $2.1B

TOP NET IMPORTER (2018): Canada, $537M

This map shows which countries export or import more of Alcohol > 80% ABV. Each country is colored based on the difference in exports and imports of Alcohol > 80% ABV during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Alcohol > 80% ABV were United States ($2.1B), Pakistan ($488M), France ($461M), Hungary ($343M), and South Africa ($185M).

In 2018, the countries that had a largest trade value in imports than in exports of Alcohol > 80% ABV were Canada ($537M), Germany ($506M), South Korea ($452M), China ($296M), and Philippines ($215M).

Trade Forecasts

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This section shows forecasts for total trade for Alcohol > 80% ABV. 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 Alcohol > 80% ABV was 53.5%.  The countries with the highest tariffs for importing Alcohol > 80% ABV were Malaysia (898%), Barbados (440%), Cyprus (365%), Poland (268%), and Trinidad and Tobago (136%).

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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.