Overview:  This page contains the latest trade data of Hard Liquor. In 2019, Hard Liquor were the world's 107th most traded product, with a total trade of $33.9B. Between 2018 and 2019 the exports of Hard Liquor grew by 2.71%, from $33.1B to $33.9B. Trade in Hard Liquor represent 0.19% of total world trade.

Exports: In 2019 the top exporters of Hard Liquor  were United Kingdom ($8.11B), France ($5.64B), Mexico ($2.13B), United States ($2.02B), and Singapore ($1.72B).

Imports: In 2019 the top importers of Hard Liquor were United States ($8.27B), China ($1.89B), Germany ($1.68B), Singapore ($1.44B), and France ($1.3B).

Tariffs: In 2018 the average tariff for Hard Liquor was 30.9%, making it the 20th lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Hard Liquor are Egypt (2.4k%), Poland (255%), Jordan (173%), Cyprus (169%), and Indonesia (150%). The countries with the lowest tariffs are Liberia (0%), South Africa (0%), Armenia (0%), Hong Kong (0%), and Kazakhstan (0%).

Ranking: Hard Liquor ranks 637th in the Product Complexity Index (PCI).

Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2019): United Kingdom, $8.11B

Top Destination (2019): United States, $8.27B

Hard Liquor are the world's 107th most traded product.

In 2019, the top exporters of Hard Liquor were United Kingdom ($8.11B), France ($5.64B), Mexico ($2.13B), United States ($2.02B), and Singapore ($1.72B).

In 2019, the top importers of Hard Liquor were United States ($8.27B), China ($1.89B), Germany ($1.68B), Singapore ($1.44B), and France ($1.3B).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): Mexico, $336M

Top Destination Growth (2018 - 2019): United States, $700M

Between 2018 and 2019, the exports of Hard Liquor grew the fastest in Mexico ($336M), Italy ($231M), Singapore ($155M), Ireland ($153M), and France ($138M).

Between 2018 and 2019, the fastest growing importers of Hard Liquor were United States ($700M), China ($429M), Chinese Taipei ($117M), Japan ($117M), and Russia ($88.2M).

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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 Hard Liquor.

In 2019,  market concentration measured using Shannon Entropy, was 4.26. This means that most of the exports of Hard Liquor are explained by 19 countries.

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TOP NET EXPORTER (2019): United Kingdom, $7.16B

TOP NET IMPORTER (2019): United States, $6.25B

This map shows which countries export or import more of Hard Liquor. Each country is colored based on the difference in exports and imports of Hard Liquor during 2019.

In 2019, the countries that had a largest trade value in exports than in imports of Hard Liquor were United Kingdom ($7.16B), France ($4.33B), Mexico ($1.75B), Ireland ($1.38B), and Italy ($861M).

In 2019, the countries that had a largest trade value in imports than in exports of Hard Liquor were United States ($6.25B), China ($1.22B), Vietnam ($853M), Russia ($780M), and Japan ($490M).

Disaggregation

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Value

In 2019, the world most traded Hard Liquor, disaggragated by their HS6 level were Whiskies ($12.3B), Alcoholic liqueurs nes ($11.3B), Spirits obtained by distilling grape wine,... ($7.29B), Rum and tafia ($1.63B), and Gin and Geneva ($1.48B)

Import Tariffs

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In 2018, the average tariff for importing Hard Liquor was 30.9%. The countries with the highest tariffs for importing Hard Liquor were Egypt (2.4k%), Poland (255%), Jordan (173%), Cyprus (169%), and Indonesia (150%).

Product Complexity

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Diversification Frontier

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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.

Country by Relatedness

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The following visualization shows the relatedness of Hard Liquor to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.