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

220600 (Harmonized System 1992 for 6-digit)

World Trade (2018): $1.5B, Rnk 1600 / 4726

Top Exporter (2018): $213M, Japan

Top Importer (2018): $259M, United States

Product Complexity (2018): 0.064, Rnk 1467 / 2722

Export Growth (CAGR)(2017 - 2018): 6.39%, Rnk 3163 / 4726

Mean Tariff (2018): 29%, Rnk 134 / 6538

Share of World Trade (2018): 0.0081%, Rnk 1600 / 4726

Overview:  This page contains the latest trade data of Fermented beverages nes (eg cider, perry, mead, etc). In 2018, Fermented beverages nes (eg cider, perry, mead, etc) were the world's 1600th most traded product, with a total trade of $1.5B. Between 2017 and 2018 the exports of Fermented beverages nes (eg cider, perry, mead, etc) grew by 6.39%, from  $1.41B to $1.5B. Trade in Fermented beverages nes (eg cider, perry, mead, etc) represent 0.0081% of total world trade.

Exports: In 2018 the top exporters of Fermented beverages nes (eg cider, perry, mead, etc)  were Japan ($213M), Sweden ($136M), Italy ($109M), Germany ($97.8M), and United Kingdom ($88.7M).

Imports: In 2018 the top importers of Fermented beverages nes (eg cider, perry, mead, etc) were United States ($259M), United Kingdom ($192M), Japan ($116M), Germany ($61.9M), and Canada ($61.6M).

Tariffs: In 2018 the average tariff for Fermented beverages nes (eg cider, perry, mead, etc) was 29%, been the 134 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 1467th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): Japan, $213M

Top Destination (2018): United States, $259M

Fermented beverages nes (eg cider, perry, mead, etc) are the world's 1600th most traded product.

In 2018, the top exporters of Fermented beverages nes (eg cider, perry, mead, etc) were Japan ($213M), Sweden ($136M), Italy ($109M), Germany ($97.8M), and United Kingdom ($88.7M).

In 2018, the top importers of Fermented beverages nes (eg cider, perry, mead, etc) were United States ($259M), United Kingdom ($192M), Japan ($116M), Germany ($61.9M), and Canada ($61.6M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Italy, $43.1M

Top Destination Growth (2017 - 2018): United States, $46.5M

Between 2017 and 2018, the exports of Fermented beverages nes (eg cider, perry, mead, etc) grew the fastest in Italy ($43.1M), Japan ($36.7M), Netherlands ($20.3M), France ($14.9M), and Germany ($13.1M).

Between 2017 and 2018, the fastest growing importers of Fermented beverages nes (eg cider, perry, mead, etc) were United States ($46.5M), Ukraine ($13.9M), China ($13.2M), Ireland ($11.4M), and Netherlands ($10.6M).

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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 2018,  market concentration measured using Shannon Entropy, was 4.64. 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 (2018): Sweden, $120M

TOP NET IMPORTER (2018): United States, $199M

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 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Fermented beverages nes (eg cider, perry, mead, etc) were Sweden ($120M), Italy ($98M), Japan ($97.3M), Lithuania ($46.8M), and South Korea ($44.8M).

In 2018, 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 ($199M), United Kingdom ($103M), Russia ($55.5M), Hong Kong ($43.1M), and Ukraine ($24M).

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.