HS Icon Grape wines nes, fortified wine or must, pack < 2l

220421 (Harmonized System 1992 for 6-digit)

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).

Historical Data

#permalink to section

Exporters and Importers

#permalink to section

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).

Explore Visualizations

Market Dynamics

#permalink to section

Trade by country

Value

Top Origin Growth (2018 -  2019): Georgia, $25.8M

Top Destination Growth (2018 - 2019): Japan, $27.6M

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).

Explore Visualizations

Market Concentration

#permalink to section

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.

Explore Visualizations

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).

Import Tariffs

#permalink to section

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%).

Product Complexity

#permalink to section

Diversification Frontier

#permalink to section
Specialization

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.