HS Icon Beer made from malt

220300 (Harmonized System 1992 for 6-digit)

World Trade (2018): $16B, Rnk 172 / 4726

Top Exporter (2018): $4.66B, Mexico

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

Export Growth (CAGR)(2017 - 2018): 11.1%, Rnk 2498 / 4726

Mean Tariff (2018): 32.7%, Rnk 73 / 6538

Share of World Trade (2018): 0.087%, Rnk 172 / 4726

Overview:  This page contains the latest trade data of Beer made from malt. In 2018, Beer made from malt were the world's 172nd most traded product, with a total trade of $16B. Between 2017 and 2018 the exports of Beer made from malt grew by 11.1%, from  $14.4B to $16B. Trade in Beer made from malt represent 0.087% of total world trade.

Exports: In 2018 the top exporters of Beer made from malt  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 made from malt were United States ($5.46B), France ($1.06B), China ($831M), Italy ($750M), and United Kingdom ($682M).

Tariffs: In 2018 the average tariff for Beer made from malt was 32.7%, been the 73 lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Beer made from malt 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%).

Exporters and Importers

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Trade By Country

Top Origin (2018): Mexico, $4.66B

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

Beer made from malt are the world's 172nd most traded product.

In 2018, the top exporters of Beer made from malt 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 made from malt 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 made from malt 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 made from malt 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 made from malt.

In 2018,  market concentration measured using Shannon Entropy, was 3.99. This means that most of the exports of Beer made from malt 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 made from malt. Each country is colored based on the difference in exports and imports of Beer made from malt during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Beer made from malt 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 made from malt 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 made from malt. 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 made from malt was 32.7%.  The countries with the highest tariffs for importing Beer made from malt 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.