HS Icon Grape wines, alcoholic grape must nes

220429 (Harmonized System 1992 for 6-digit)

World Trade (2019): $3.65B, Rnk 846 / 4648

Top Exporter (2019): $620M, Spain

Top Importer (2019): $643M, United Kingdom

Product Complexity (2019): -0.28, Rnk 3032 / 4826

Export Growth (CAGR)(2018 - 2019): -10.4%, Rnk 3472 / 4648

Mean Tariff (2018): 29.5%, Rnk 123 / 6538

Share of World Trade (2019): 0.02%, Rnk 846 / 4648

Overview:  This page contains the latest trade data of Grape wines, alcoholic grape must nes. In 2019, Grape wines, alcoholic grape must nes were the world's 846th most traded product, with a total trade of $3.65B. Between 2018 and 2019 the exports of Grape wines, alcoholic grape must nes decreased by -10.4%, from  $4.07B to $3.65B. Trade in Grape wines, alcoholic grape must nes represent 0.02% of total world trade.

Exports: In 2019 the top exporters of Grape wines, alcoholic grape must nes  were Spain ($620M), Italy ($432M), Australia ($408M), Chile ($374M), and France ($350M).

Imports: In 2019 the top importers of Grape wines, alcoholic grape must nes were United Kingdom ($643M), Germany ($556M), United States ($311M), France ($306M), and Sweden ($176M).

Tariffs: In 2018 the average tariff for Grape wines, alcoholic grape must nes was 29.5%, making it the 123rd lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Grape wines, alcoholic grape must nes are Egypt (1.58k%), Jordan (619%), Cyprus (281%), Trinidad and Tobago (179%), and India (150%). The countries with the lowest tariffs are Liberia (0%), United Arab Emirates (0%), Hong Kong (0%), Japan (0%), and Kuwait (0%).

Ranking: Grape wines, alcoholic grape must nes ranks 3032nd in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2019): Spain, $620M

Top Destination (2019): United Kingdom, $643M

Grape wines, alcoholic grape must nes are the world's 846th most traded product.

In 2019, the top exporters of Grape wines, alcoholic grape must nes were Spain ($620M), Italy ($432M), Australia ($408M), Chile ($374M), and France ($350M).

In 2019, the top importers of Grape wines, alcoholic grape must nes were United Kingdom ($643M), Germany ($556M), United States ($311M), France ($306M), and Sweden ($176M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): New Zealand, $17M

Top Destination Growth (2018 - 2019): United States, $9.07M

Between 2018 and 2019, the exports of Grape wines, alcoholic grape must nes grew the fastest in New Zealand ($17M), United States ($16.5M), Belgium ($4.5M), Canada ($3.91M), and Malaysia ($3.85M).

Between 2018 and 2019, the fastest growing importers of Grape wines, alcoholic grape must nes were United States ($9.07M), Australia ($6.29M), South Africa ($4.09M), Hong Kong ($2.84M), and Poland ($1.91M).

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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 Grape wines, alcoholic grape must nes.

In 2019,  market concentration measured using Shannon Entropy, was 3.88. This means that most of the exports of Grape wines, alcoholic grape must nes are explained by 14 countries.

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TOP NET EXPORTER (2019): Spain, $599M

TOP NET IMPORTER (2019): United Kingdom, $574M

This map shows which countries export or import more of Grape wines, alcoholic grape must nes. Each country is colored based on the difference in exports and imports of Grape wines, alcoholic grape must nes during 2019.

In 2019, the countries that had a largest trade value in exports than in imports of Grape wines, alcoholic grape must nes were Spain ($599M), Italy ($376M), Chile ($374M), Australia ($349M), and New Zealand ($267M).

In 2019, the countries that had a largest trade value in imports than in exports of Grape wines, alcoholic grape must nes were United Kingdom ($574M), Germany ($449M), China ($172M), Sweden ($167M), and Belgium ($104M).

Import Tariffs

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In 2018, the average tariff for importing Grape wines, alcoholic grape must nes was 29.5%.  The countries with the highest tariffs for importing Grape wines, alcoholic grape must nes were Egypt (1.58k%), Jordan (619%), Cyprus (281%), Trinidad and Tobago (179%), 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.