Overview: This page contains the latest trade data of Ethyl alcohol and other spirits, denatured. In 2018, Ethyl alcohol and other spirits, denatured were the world's 1308th most traded product, with a total trade of $2.03B. Between 2017 and 2018 the exports of Ethyl alcohol and other spirits, denatured grew by 14.5%, from $1.77B to $2.03B. Trade in Ethyl alcohol and other spirits, denatured represent 0.011% of total world trade.
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.
Between 2017 and 2018, the fastest growing importers of Ethyl alcohol and other spirits, denatured were China ($136M), Colombia ($50.5M), Singapore ($46.7M), United Arab Emirates ($38.9M), and Malaysia ($30.3M).
This chart shows the evolution of the market concentration of exports of Ethyl alcohol and other spirits, denatured.
In 2018, market concentration measured using Shannon Entropy, was 2.63. This means that most of the exports of Ethyl alcohol and other spirits, denatured are explained by 6 countries.
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 2018.
In 2018, the countries that had a largest trade value in exports than in imports of Ethyl alcohol and other spirits, denatured were United States ($1.26B), France ($91.1M), Indonesia ($75.3M), Pakistan ($65.1M), and South Africa ($41M).
In 2018, the countries that had a largest trade value in imports than in exports of Ethyl alcohol and other spirits, denatured were Canada ($548M), China ($158M), India ($112M), South Korea ($96.2M), and Colombia ($89.8M).
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%).
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.