HS Icon Fermented beverages nes (eg cider, perry, mead, etc)

220600 (Harmonized System 1992 for 6-digit)

 2019
World Trade
: $1.53B, Rnk 1555 / 4648

2019
Top Exporter | Top Importer
: $229M | $295M, Japan | United States

2019
Product Complexity
: 0.055, Rnk 2507 / 4826

2018 - 2019
Export Growth (CAGR)
: -0.26%, Rnk 1587 / 4648

2018
Mean Tariff
: 29%, Rnk 134 / 6538

 2019
Share of World Trade
: 0.0084%, Rnk 1555 / 4648

Overview:  This page contains the latest trade data of Fermented beverages nes (eg cider, perry, mead, etc). In 2019, Fermented beverages nes (eg cider, perry, mead, etc) were the world's 1555th most traded product, with a total trade of $1.53B. Between 2018 and 2019 the exports of Fermented beverages nes (eg cider, perry, mead, etc) decreased by -0.26%, from  $1.53B to $1.53B. Trade in Fermented beverages nes (eg cider, perry, mead, etc) represent 0.0084% of total world trade.

Exports: In 2019 the top exporters of Fermented beverages nes (eg cider, perry, mead, etc)  were Japan ($229M), Italy ($114M), Sweden ($103M), Canada ($96.6M), and Germany ($92.8M).

Imports: In 2019 the top importers of Fermented beverages nes (eg cider, perry, mead, etc) were United States ($295M), United Kingdom ($174M), Japan ($86.8M), China ($67.9M), and Germany ($65.8M).

Tariffs: In 2018 the average tariff for Fermented beverages nes (eg cider, perry, mead, etc) was 29%, making it the 134th lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Fermented beverages nes (eg cider, perry, mead, etc) are Egypt (2.63k%), Malaysia (552%), Trinidad and Tobago (202%), Jordan (188%), and India (150%). The countries with the lowest tariffs are Liberia (0%), United Arab Emirates (0%), Hong Kong (0%), Kuwait (0%), and Laos (0%).

Ranking: Fermented beverages nes (eg cider, perry, mead, etc) ranks 2507th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2019): Japan, $229M

Top Destination (2019): United States, $295M

Fermented beverages nes (eg cider, perry, mead, etc) are the world's 1555th most traded product.

In 2019, the top exporters of Fermented beverages nes (eg cider, perry, mead, etc) were Japan ($229M), Italy ($114M), Sweden ($103M), Canada ($96.6M), and Germany ($92.8M).

In 2019, the top importers of Fermented beverages nes (eg cider, perry, mead, etc) were United States ($295M), United Kingdom ($174M), Japan ($86.8M), China ($67.9M), and Germany ($65.8M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): Canada, $37.7M

Top Destination Growth (2018 - 2019): United States, $36.3M

Between 2018 and 2019, the exports of Fermented beverages nes (eg cider, perry, mead, etc) grew the fastest in Canada ($37.7M), Ireland ($25.8M), Japan ($16.4M), Austria ($8.93M), and South Africa ($7.16M).

Between 2018 and 2019, the fastest growing importers of Fermented beverages nes (eg cider, perry, mead, etc) were United States ($36.3M), China ($17.1M), Botswana ($9.65M), Germany ($4.35M), and Russia ($4.34M).

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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 Fermented beverages nes (eg cider, perry, mead, etc).

In 2019,  market concentration measured using Shannon Entropy, was 4.66. This means that most of the exports of Fermented beverages nes (eg cider, perry, mead, etc) are explained by 25 countries.

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TOP NET EXPORTER (2019): Japan, $142M

TOP NET IMPORTER (2019): United States, $253M

This map shows which countries export or import more of Fermented beverages nes (eg cider, perry, mead, etc). Each country is colored based on the difference in exports and imports of Fermented beverages nes (eg cider, perry, mead, etc) during 2019.

In 2019, the countries that had a largest trade value in exports than in imports of Fermented beverages nes (eg cider, perry, mead, etc) were Japan ($142M), Italy ($102M), Sweden ($87.2M), South Africa ($75.3M), and Ireland ($56.4M).

In 2019, the countries that had a largest trade value in imports than in exports of Fermented beverages nes (eg cider, perry, mead, etc) were United States ($253M), United Kingdom ($92.7M), Russia ($58.5M), Hong Kong ($47.8M), and China ($33.5M).

Import Tariffs

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In 2018, the average tariff for importing Fermented beverages nes (eg cider, perry, mead, etc) was 29%.  The countries with the highest tariffs for importing Fermented beverages nes (eg cider, perry, mead, etc) were Egypt (2.63k%), Malaysia (552%), Trinidad and Tobago (202%), Jordan (188%), and India (150%).

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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.