Flavored Water2202 (Harmonized System 1992 for 4-digit)
2019 World Trade: $21.5B, Rnk 173 / 1217
2019 Top Exporter | Top Importer: $2.8B | $2.66B, Austria | United States
2019 Product Complexity: -0.5, Rnk 665 / 961
2018 - 2019 Export Growth (CAGR): 2.01%, Rnk 269 / 1217
2018 Mean Tariff: 24.2%, Rnk 50 / 1259
2019 Share of World Trade: 0.12%, Rnk 173 / 1217
Overview: This page contains the latest trade data of Flavored Water. In 2019, Flavored Water were the world's 173rd most traded product, with a total trade of $21.5B. Between 2018 and 2019 the exports of Flavored Water grew by 2.01%, from $21.1B to $21.5B. Trade in Flavored Water represent 0.12% of total world trade.
Exports: In 2019 the top exporters of Flavored Water were Austria ($2.8B), Germany ($1.88B), Netherlands ($1.63B), Thailand ($1.59B), and United States ($1.28B).
Imports: In 2019 the top importers of Flavored Water were United States ($2.66B), United Kingdom ($1.4B), Germany ($1.31B), Belgium ($887M), and Netherlands ($870M).
Tariffs: In 2018 the average tariff for Flavored Water was 24.2%, making it the 50th lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Flavored Water are Belize (84.9%), Syria (73.5%), Barbados (68.7%), Zimbabwe (65.8%), and Thailand (60.4%). The countries with the lowest tariffs are Liberia (0%), Hong Kong (0%), Singapore (0%), Bosnia and Herzegovina (0%), and Switzerland (0%).
Ranking: Flavored Water ranks 665th in the Product Complexity Index (PCI).
Trade By Country
Top Origin (2019): Austria, $2.8B
Top Destination (2019): United States, $2.66B
Flavored Water are the world's 173rd most traded product.
In 2019, the top exporters of Flavored Water were Austria ($2.8B), Germany ($1.88B), Netherlands ($1.63B), Thailand ($1.59B), and United States ($1.28B).
In 2019, the top importers of Flavored Water were United States ($2.66B), United Kingdom ($1.4B), Germany ($1.31B), Belgium ($887M), and Netherlands ($870M).
Trade by country
Top Origin Growth (2018 - 2019): Austria, $143M
Top Destination Growth (2018 - 2019): United States, $163M
Between 2018 and 2019, the exports of Flavored Water grew the fastest in Austria ($143M), Thailand ($87.6M), Italy ($64.9M), Mexico ($53.2M), and Canada ($52.7M).
Between 2018 and 2019, the fastest growing importers of Flavored Water were United States ($163M), Cambodia ($97.8M), Germany ($76M), China ($55.5M), and Serbia ($38.1M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Flavored Water.
In 2019, market concentration measured using Shannon Entropy, was 5.04. This means that most of the exports of Flavored Water are explained by 32 countries.
TOP NET EXPORTER (2019): Austria, $2.55B
TOP NET IMPORTER (2019): United States, $1.38B
This map shows which countries export or import more of Flavored Water. Each country is colored based on the difference in exports and imports of Flavored Water during 2019.
In 2019, the countries that had a largest trade value in exports than in imports of Flavored Water were Austria ($2.55B), Thailand ($1.56B), Switzerland ($860M), Netherlands ($761M), and Germany ($565M).
In 2019, the countries that had a largest trade value in imports than in exports of Flavored Water were United States ($1.38B), United Kingdom ($797M), Vietnam ($637M), Cambodia ($604M), and Canada ($550M).
In 2019, the world most traded Flavored Water, disaggragated by their HS6 level were Non-alcoholic beverages nes, except fruit, veg... ($11.5B) and Beverage waters, sweetened or flavoured ($10B)
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.
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