HS Icon Other Fermented Beverages

2206 (Harmonized System 1992 for 4-digit)

World Trade (2018): $1.5B, Rnk 816 / 1225

Top Exporter (2018): $213M, Japan

Top Importer (2018): $259M, United States

Product Complexity (2018): 0.15, Rnk 481 / 1018

Export Growth (CAGR)(2017 - 2018): 6.39%, Rnk 919 / 1225

Mean Tariff (2018): 29%, Rnk 28 / 1259

Share of World Trade (2018): 0.0081%, Rnk 816 / 1225

Overview:  This page contains the latest trade data of Other Fermented Beverages. In 2018, Other Fermented Beverages were the world's 816th most traded product, with a total trade of $1.5B. Between 2017 and 2018 the exports of Other Fermented Beverages grew by 6.39%, from  $1.41B to $1.5B. Trade in Other Fermented Beverages represent 0.0081% of total world trade.

Exports: In 2018 the top exporters of Other Fermented Beverages  were Japan ($213M), Sweden ($136M), Italy ($109M), Germany ($97.8M), and United Kingdom ($88.7M).

Imports: In 2018 the top importers of Other Fermented Beverages were United States ($259M), United Kingdom ($192M), Japan ($116M), Germany ($61.9M), and Canada ($61.6M).

Tariffs: In 2018 the average tariff for Other Fermented Beverages was 29%, been the 28 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Other Fermented Beverages are Egypt (2.63k%), Malaysia (552%), Trinidad and Tobago (202%), Jordan (188%), and India (150%). The countries with the lowest tariffs are Liberia (0%), United Arab Emirates (0%), Hong Kong (0%), Kuwait (0%), and Laos (0%).

Ranking: Other Fermented Beverages ranks 481st in the Product Complexity Index (PCI).

Exporters and Importers

#permalink to section

Trade By Country

Top Origin (2018): Japan, $213M

Top Destination (2018): United States, $259M

Other Fermented Beverages are the world's 816th most traded product.

In 2018, the top exporters of Other Fermented Beverages were Japan ($213M), Sweden ($136M), Italy ($109M), Germany ($97.8M), and United Kingdom ($88.7M).

In 2018, the top importers of Other Fermented Beverages were United States ($259M), United Kingdom ($192M), Japan ($116M), Germany ($61.9M), and Canada ($61.6M).

Explore Visualizations

Market Dynamics

#permalink to section

Trade by country

Value

Top Origin Growth (2017 -  2018): Italy, $43.1M

Top Destination Growth (2017 - 2018): United States, $46.5M

Between 2017 and 2018, the exports of Other Fermented Beverages grew the fastest in Italy ($43.1M), Japan ($36.7M), Netherlands ($20.3M), France ($14.9M), and Germany ($13.1M).

Between 2017 and 2018, the fastest growing importers of Other Fermented Beverages were United States ($46.5M), Ukraine ($13.9M), China ($13.2M), Ireland ($11.4M), and Netherlands ($10.6M).

Explore Visualizations

Market Concentration

#permalink to section

Cumulative market share

This chart shows the evolution of the market concentration of exports of Other Fermented Beverages.

In 2018,  market concentration measured using Shannon Entropy, was 4.64. This means that most of the exports of Other Fermented Beverages are explained by 25 countries.

Explore Visualizations

TOP NET EXPORTER (2018): Sweden, $120M

TOP NET IMPORTER (2018): United States, $199M

This map shows which countries export or import more of Other Fermented Beverages. Each country is colored based on the difference in exports and imports of Other Fermented Beverages during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Other Fermented Beverages were Sweden ($120M), Italy ($98M), Japan ($97.3M), Lithuania ($46.8M), and South Korea ($44.8M).

In 2018, the countries that had a largest trade value in imports than in exports of Other Fermented Beverages were United States ($199M), United Kingdom ($103M), Russia ($55.5M), Hong Kong ($43.1M), and Ukraine ($24M).

Trade Forecasts

#permalink to section

This section shows forecasts for total trade for Other Fermented Beverages. The forecast is based in a long short-term memory model or LSTM constructed using yearly trade data.

Explore Forecasts

Import Tariffs

#permalink to section

In 2018, the average tariff for importing Other Fermented Beverages was 29%.  The countries with the highest tariffs for importing Other Fermented Beverages were Egypt (2.63k%), Malaysia (552%), Trinidad and Tobago (202%), Jordan (188%), and India (150%).

Explore Tariff Data

Product Complexity

#permalink to section

Diversification Frontier

#permalink to section
Filter

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.