HS Icon Ethyl alcohol and other spirits, denatured

220720 (Harmonized System 1992 for 6-digit)

Overview This page contains the latest trade data of Ethyl alcohol and other spirits, denatured. In 2019, Ethyl alcohol and other spirits, denatured were the world's 1360th most traded product, with a total trade of $1.89B. Between 2018 and 2019 the exports of Ethyl alcohol and other spirits, denatured decreased by -6.92%, from $2.03B to $1.89B. Trade in Ethyl alcohol and other spirits, denatured represent 0.01% of total world trade.

Exports In 2019 the top exporters of Ethyl alcohol and other spirits, denatured  were United States ($1.18B), Netherlands ($117M), France ($84.1M), Pakistan ($55.4M), and Canada ($50.8M).

Imports In 2019 the top importers of Ethyl alcohol and other spirits, denatured were Canada ($503M), India ($140M), South Korea ($120M), Germany ($109M), and Colombia ($107M).

Tariffs In 2018 the average tariff for Ethyl alcohol and other spirits, denatured was 46.4%, making it the 22nd lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Ethyl alcohol and other spirits, denatured are Cyprus (298%), Poland (268%), Georgia (215%), Hungary (102%), and Kyrgyzstan (95.8%). The countries with the lowest tariffs are South Africa (0%), Hong Kong (0%), Laos (0%), Maldives (0%), and Singapore (0%).

Ranking Ethyl alcohol and other spirits, denatured ranks 3858th in the Product Complexity Index (PCI).

Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2019): United States, $1.18B

Top Destination (2019): Canada, $503M

Ethyl alcohol and other spirits, denatured are the world's 1360th most traded product.

In 2019, the top exporters of Ethyl alcohol and other spirits, denatured were United States ($1.18B), Netherlands ($117M), France ($84.1M), Pakistan ($55.4M), and Canada ($50.8M).

In 2019, the top importers of Ethyl alcohol and other spirits, denatured were Canada ($503M), India ($140M), South Korea ($120M), Germany ($109M), and Colombia ($107M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): Netherlands, $72.8M

Top Destination Growth (2018 - 2019): United Kingdom, $34.7M

Between 2018 and 2019, the exports of Ethyl alcohol and other spirits, denatured grew the fastest in Netherlands ($72.8M), Canada ($21M), Slovakia ($15.5M), Ukraine ($14.3M), and Singapore ($10.9M).

Between 2018 and 2019, the fastest growing importers of Ethyl alcohol and other spirits, denatured were United Kingdom ($34.7M), Oman ($31.6M), Czechia ($25.2M), Germany ($23.3M), and India ($18.5M).

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Market Concentration

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Cumulative market share

Value

This chart shows the evolution of the market concentration of exports of Ethyl alcohol and other spirits, denatured.

In 2019,  market concentration measured using Shannon Entropy, was 2.6. This means that most of the exports of Ethyl alcohol and other spirits, denatured are explained by 6 countries.

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TOP NET EXPORTER (2019): United States, $1.13B

TOP NET IMPORTER (2019): Canada, $453M

This map shows which countries export or import more of Ethyl alcohol and other spirits, denatured. Each country is colored based on the difference in exports and imports of Ethyl alcohol and other spirits, denatured during 2019.

In 2019, the countries that had a largest trade value in exports than in imports of Ethyl alcohol and other spirits, denatured were United States ($1.13B), France ($74.4M), Netherlands ($72.4M), Pakistan ($54.9M), and South Africa ($41.1M).

In 2019, the countries that had a largest trade value in imports than in exports of Ethyl alcohol and other spirits, denatured were Canada ($453M), India ($138M), South Korea ($117M), Colombia ($107M), and Peru ($83M).

Import Tariffs

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In 2018, the average tariff for importing Ethyl alcohol and other spirits, denatured was 46.4%. The countries with the highest tariffs for importing Ethyl alcohol and other spirits, denatured were Cyprus (298%), Poland (268%), Georgia (215%), Hungary (102%), and Kyrgyzstan (95.8%).

Product Complexity

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Diversification Frontier

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Specialization

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.