Grape wines nes, fortified wine or must, pack < 2l220421 (Harmonized System 1992 for 6-digit)
World Trade (2018): $25.6B, Rnk 101 / 4726
Top Exporter (2018): $6.96B, France
Top Importer (2018): $4.27B, United States
Product Complexity (2018): -0.81, Rnk 2121 / 2722
Export Growth (CAGR)(2017 - 2018): 1.26%, Rnk 3723 / 4726
Mean Tariff (2018): 19.8%, Rnk 608 / 6538
Share of World Trade (2018): 0.14%, Rnk 101 / 4726
Overview: This page contains the latest trade data of Grape wines nes, fortified wine or must, pack < 2l. In 2018, Grape wines nes, fortified wine or must, pack < 2l were the world's 101st most traded product, with a total trade of $25.6B. Between 2017 and 2018 the exports of Grape wines nes, fortified wine or must, pack < 2l grew by 1.26%, from $25.3B to $25.6B. Trade in Grape wines nes, fortified wine or must, pack < 2l represent 0.14% of total world trade.
Exports: In 2018 the top exporters of Grape wines nes, fortified wine or must, pack < 2l were France ($6.96B), Italy ($5.07B), Spain ($2.07B), Australia ($1.73B), and Chile ($1.6B).
Imports: In 2018 the top importers of Grape wines nes, fortified wine or must, pack < 2l were United States ($4.27B), United Kingdom ($2.64B), China ($2.2B), Germany ($2.1B), and Canada ($1.68B).
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 2121st in the Product Complexity Index (PCI).
Trade By Country
Top Origin (2018): France, $6.96B
Top Destination (2018): United States, $4.27B
Grape wines nes, fortified wine or must, pack < 2l are the world's 101st most traded product.
In 2018, the top exporters of Grape wines nes, fortified wine or must, pack < 2l were France ($6.96B), Italy ($5.07B), Spain ($2.07B), Australia ($1.73B), and Chile ($1.6B).
In 2018, the top importers of Grape wines nes, fortified wine or must, pack < 2l were United States ($4.27B), United Kingdom ($2.64B), China ($2.2B), Germany ($2.1B), and Canada ($1.68B).
Trade by country
Between 2017 and 2018, the exports of Grape wines nes, fortified wine or must, pack < 2l grew the fastest in France ($333M), United Kingdom ($177M), Portugal ($120M), Italy ($92.6M), and Netherlands ($83.3M).
Between 2017 and 2018, the fastest growing importers of Grape wines nes, fortified wine or must, pack < 2l were Germany ($223M), France ($155M), Belgium-Luxembourg ($86.7M), Canada ($73.5M), and Hong Kong ($53.5M).
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 2018, market concentration measured using Shannon Entropy, was 3.64. 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 (2018): France, $6.35B
TOP NET IMPORTER (2018): United States, $3.09B
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 2018.
In 2018, 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 ($6.35B), Italy ($4.99B), Spain ($1.97B), Chile ($1.6B), and Australia ($1.38B).
In 2018, 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 ($3.09B), United Kingdom ($2.01B), China ($1.83B), Canada ($1.65B), and Hong Kong ($1.5B).
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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