Grape wines nes, fortified wine or must, pack < 2l220421 (Harmonized System 1992 for 6-digit)
2019 World Trade: $24.7B, Rnk 107 / 4648
2019 Top Exporter | Top Importer: $6.81B | $4.26B, France | United States
2019 Product Complexity: -0.86, Rnk 3794 / 4826
2018 - 2019 Export Growth (CAGR): -3.74%, Rnk 2361 / 4648
2018 Mean Tariff: 19.8%, Rnk 608 / 6538
2019 Share of World Trade: 0.14%, Rnk 107 / 4648
Overview: This page contains the latest trade data of Grape wines nes, fortified wine or must, pack < 2l. In 2019, Grape wines nes, fortified wine or must, pack < 2l were the world's 107th most traded product, with a total trade of $24.7B. Between 2018 and 2019 the exports of Grape wines nes, fortified wine or must, pack < 2l decreased by -3.74%, from $25.6B to $24.7B. Trade in Grape wines nes, fortified wine or must, pack < 2l represent 0.14% of total world trade.
Exports: In 2019 the top exporters of Grape wines nes, fortified wine or must, pack < 2l were France ($6.81B), Italy ($5B), Spain ($1.93B), Australia ($1.71B), and Chile ($1.54B).
Imports: In 2019 the top importers of Grape wines nes, fortified wine or must, pack < 2l were United States ($4.26B), United Kingdom ($2.6B), China ($2.04B), Germany ($1.99B), and Canada ($1.62B).
Tariffs: In 2018 the average tariff for Grape wines nes, fortified wine or must, pack < 2l was 19.8%, making it the 608th lowest tariff using the HS6 product classification.
The countries with the highest import tariffs for Grape wines nes, fortified wine or must, pack < 2l are Egypt (1.58k%), India (150%), Jordan (131%), Saudi Arabia (91.9%), and Oman (91.9%). The countries with the lowest tariffs are Liberia (0%), United Arab Emirates (0%), Hong Kong (0%), Japan (0%), and Kuwait (0%).
Ranking: Grape wines nes, fortified wine or must, pack < 2l ranks 3794th in the Product Complexity Index (PCI).
Trade By Country
Top Origin (2019): France, $6.81B
Top Destination (2019): United States, $4.26B
Grape wines nes, fortified wine or must, pack < 2l are the world's 107th most traded product.
In 2019, the top exporters of Grape wines nes, fortified wine or must, pack < 2l were France ($6.81B), Italy ($5B), Spain ($1.93B), Australia ($1.71B), and Chile ($1.54B).
In 2019, the top importers of Grape wines nes, fortified wine or must, pack < 2l were United States ($4.26B), United Kingdom ($2.6B), China ($2.04B), Germany ($1.99B), and Canada ($1.62B).
Trade by country
Between 2018 and 2019, the exports of Grape wines nes, fortified wine or must, pack < 2l grew the fastest in Georgia ($25.8M), United Arab Emirates ($18.8M), Poland ($9.13M), Thailand ($8.95M), and New Zealand ($8.01M).
Between 2018 and 2019, the fastest growing importers of Grape wines nes, fortified wine or must, pack < 2l were Japan ($27.6M), Russia ($17.5M), Macau ($15.6M), Cambodia ($14.5M), and Ukraine ($13.7M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Grape wines nes, fortified wine or must, pack < 2l.
In 2019, market concentration measured using Shannon Entropy, was 3.6. This means that most of the exports of Grape wines nes, fortified wine or must, pack < 2l are explained by 12 countries.
TOP NET EXPORTER (2019): France, $6.27B
TOP NET IMPORTER (2019): United States, $3.13B
This map shows which countries export or import more of Grape wines nes, fortified wine or must, pack < 2l. Each country is colored based on the difference in exports and imports of Grape wines nes, fortified wine or must, pack < 2l during 2019.
In 2019, the countries that had a largest trade value in exports than in imports of Grape wines nes, fortified wine or must, pack < 2l were France ($6.27B), Italy ($4.92B), Spain ($1.83B), Chile ($1.53B), and Australia ($1.38B).
In 2019, the countries that had a largest trade value in imports than in exports of Grape wines nes, fortified wine or must, pack < 2l were United States ($3.13B), United Kingdom ($1.98B), China ($1.95B), Canada ($1.59B), and Hong Kong ($1.1B).
In 2018, the average tariff for importing Grape wines nes, fortified wine or must, pack < 2l was 19.8%. The countries with the highest tariffs for importing Grape wines nes, fortified wine or must, pack < 2l were Egypt (1.58k%), India (150%), Jordan (131%), Saudi Arabia (91.9%), and Oman (91.9%).
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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