HS Icon 80% by volume onClick=titleClick(0)>Undenatured ethyl alcohol > 80% by volume

220710 (Harmonized System 1992 for 6-digit)

World Trade (2018): $6.92B, Rnk 468 / 4726

Top Exporter (2018): $1.45B, United States

Top Importer (2018): $812M, Netherlands

Product Complexity (2018): -1.3, Rnk 4293 / 4873

Export Growth (CAGR)(2017 - 2018): 9.84%, Rnk 2696 / 4726

Mean Tariff (2018): 60.5%, Rnk 10 / 6538

Share of World Trade (2018): 0.038%, Rnk 468 / 4726

Overview:  This page contains the latest trade data of Undenatured ethyl alcohol > 80% by volume. In 2018, Undenatured ethyl alcohol > 80% by volume were the world's 468th most traded product, with a total trade of $6.92B. Between 2017 and 2018 the exports of Undenatured ethyl alcohol > 80% by volume grew by 9.84%, from  $6.3B to $6.92B. Trade in Undenatured ethyl alcohol > 80% by volume represent 0.038% of total world trade.

Exports: In 2018 the top exporters of Undenatured ethyl alcohol > 80% by volume  were United States ($1.45B), Brazil ($900M), Netherlands ($729M), France ($546M), and Pakistan ($423M).

Imports: In 2018 the top importers of Undenatured ethyl alcohol > 80% by volume were Netherlands ($812M), Brazil ($744M), Germany ($721M), United States ($607M), and United Kingdom ($441M).

Tariffs: In 2018 the average tariff for Undenatured ethyl alcohol > 80% by volume was 60.5%, been the 10 lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Undenatured ethyl alcohol > 80% by volume are Malaysia (898%), Barbados (800%), Cyprus (433%), Thailand (303%), and Poland (268%). The countries with the lowest tariffs are South Africa (0%), Hong Kong (0%), Laos (0%), Singapore (0%), and Switzerland (0%).

Ranking: Undenatured ethyl alcohol > 80% by volume ranks 4293rd in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): United States, $1.45B

Top Destination (2018): Netherlands, $812M

Undenatured ethyl alcohol > 80% by volume are the world's 468th most traded product.

In 2018, the top exporters of Undenatured ethyl alcohol > 80% by volume were United States ($1.45B), Brazil ($900M), Netherlands ($729M), France ($546M), and Pakistan ($423M).

In 2018, the top importers of Undenatured ethyl alcohol > 80% by volume were Netherlands ($812M), Brazil ($744M), Germany ($721M), United States ($607M), and United Kingdom ($441M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): United States, $165M

Top Destination Growth (2017 - 2018): South Korea, $186M

Between 2017 and 2018, the exports of Undenatured ethyl alcohol > 80% by volume grew the fastest in United States ($165M), Netherlands ($127M), Pakistan ($81M), Brazil ($80.5M), and France ($62.7M).

Between 2017 and 2018, the fastest growing importers of Undenatured ethyl alcohol > 80% by volume were South Korea ($186M), China ($154M), India ($109M), Belgium-Luxembourg ($99M), and Netherlands ($77.1M).

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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 Undenatured ethyl alcohol > 80% by volume.

In 2018,  market concentration measured using Shannon Entropy, was 4.17. This means that most of the exports of Undenatured ethyl alcohol > 80% by volume are explained by 18 countries.

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TOP NET EXPORTER (2018): United States, $840M

TOP NET IMPORTER (2018): Germany, $450M

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

In 2018, the countries that had a largest trade value in exports than in imports of Undenatured ethyl alcohol > 80% by volume were United States ($840M), Pakistan ($423M), France ($370M), Hungary ($319M), and Brazil ($156M).

In 2018, the countries that had a largest trade value in imports than in exports of Undenatured ethyl alcohol > 80% by volume were Germany ($450M), South Korea ($356M), Japan ($213M), Philippines ($160M), and United Kingdom ($154M).

Trade Forecasts

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This section shows forecasts for total trade for Undenatured ethyl alcohol > 80% by volume. 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 Undenatured ethyl alcohol > 80% by volume was 60.5%.  The countries with the highest tariffs for importing Undenatured ethyl alcohol > 80% by volume were Malaysia (898%), Barbados (800%), Cyprus (433%), Thailand (303%), and Poland (268%).

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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.