HS Icon Undenatured ethyl alcohol > 80% by volume

220710 (Harmonized System 1992 for 6-digit)

Overview This page contains the latest trade data of Undenatured ethyl alcohol > 80% by volume. In 2019, Undenatured ethyl alcohol > 80% by volume were the world's 448th most traded product, with a total trade of $7.11B. Between 2018 and 2019 the exports of Undenatured ethyl alcohol > 80% by volume grew by 3.54%, from $6.86B to $7.11B. Trade in Undenatured ethyl alcohol > 80% by volume represent 0.039% of total world trade.

Exports In 2019 the top exporters of Undenatured ethyl alcohol > 80% by volume  were United States ($1.28B), Brazil ($1B), Netherlands ($913M), France ($551M), and Hungary ($398M).

Imports In 2019 the top importers of Undenatured ethyl alcohol > 80% by volume were Netherlands ($881M), Germany ($858M), United States ($731M), Brazil ($589M), and United Kingdom ($503M).

Tariffs In 2018 the average tariff for Undenatured ethyl alcohol > 80% by volume was 60.5%, making it the 10th lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Undenatured ethyl alcohol > 80% by volume are Malaysia (898%), Barbados (800%), Cyprus (433%), Thailand (303%), and Poland (268%). The countries with the lowest tariffs are South Africa (0%), Hong Kong (0%), Laos (0%), Singapore (0%), and Switzerland (0%).

Ranking Undenatured ethyl alcohol > 80% by volume ranks 4187th in the Product Complexity Index (PCI).

Historical Data

#permalink to section

Exporters and Importers

#permalink to section

Trade By Country

Top Origin (2019): United States, $1.28B

Top Destination (2019): Netherlands, $881M

Undenatured ethyl alcohol > 80% by volume are the world's 448th most traded product.

In 2019, the top exporters of Undenatured ethyl alcohol > 80% by volume were United States ($1.28B), Brazil ($1B), Netherlands ($913M), France ($551M), and Hungary ($398M).

In 2019, the top importers of Undenatured ethyl alcohol > 80% by volume were Netherlands ($881M), Germany ($858M), United States ($731M), Brazil ($589M), and United Kingdom ($503M).

Explore Visualizations

Market Dynamics

#permalink to section

Trade by country

Value

Top Origin Growth (2018 -  2019): Netherlands, $196M

Top Destination Growth (2018 - 2019): Germany, $143M

Between 2018 and 2019, the exports of Undenatured ethyl alcohol > 80% by volume grew the fastest in Netherlands ($196M), Brazil ($108M), Spain ($70.7M), Hungary ($68M), and Peru ($47.3M).

Between 2018 and 2019, the fastest growing importers of Undenatured ethyl alcohol > 80% by volume were Germany ($143M), United States ($127M), France ($95.3M), United Kingdom ($78M), and Netherlands ($73.6M).

Explore Visualizations

Market Concentration

#permalink to section

Cumulative market share

Value

This chart shows the evolution of the market concentration of exports of Undenatured ethyl alcohol > 80% by volume.

In 2019,  market concentration measured using Shannon Entropy, was 4.19. This means that most of the exports of Undenatured ethyl alcohol > 80% by volume are explained by 18 countries.

Explore Visualizations

TOP NET EXPORTER (2019): United States, $552M

TOP NET IMPORTER (2019): Germany, $556M

This map shows which countries export or import more of Undenatured ethyl alcohol > 80% by volume. Each country is colored based on the difference in exports and imports of Undenatured ethyl alcohol > 80% by volume during 2019.

In 2019, the countries that had a largest trade value in exports than in imports of Undenatured ethyl alcohol > 80% by volume were United States ($552M), Brazil ($413M), Hungary ($386M), Pakistan ($331M), and France ($282M).

In 2019, the countries that had a largest trade value in imports than in exports of Undenatured ethyl alcohol > 80% by volume were Germany ($556M), United Kingdom ($381M), South Korea ($313M), India ($164M), and Japan ($159M).

Import Tariffs

#permalink to section

In 2018, the average tariff for importing Undenatured ethyl alcohol > 80% by volume was 60.5%. The countries with the highest tariffs for importing Undenatured ethyl alcohol > 80% by volume were Malaysia (898%), Barbados (800%), Cyprus (433%), Thailand (303%), and Poland (268%).

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.