HS Icon Whiskies

220830 (Harmonized System 1992 for 6-digit)

 2019
World Trade
: $12.3B, Rnk 235 / 4648

2019
Top Exporter | Top Importer
: $6.65B | $2.4B, United Kingdom | United States

2019
Product Complexity
: -0.34, Rnk 3150 / 4826

2018 - 2019
Export Growth (CAGR)
: 1.44%, Rnk 1239 / 4648

2018
Mean Tariff
: 25.6%, Rnk 198 / 6538

 2019
Share of World Trade
: 0.068%, Rnk 235 / 4648

Overview:  This page contains the latest trade data of Whiskies. In 2019, Whiskies were the world's 235th most traded product, with a total trade of $12.3B. Between 2018 and 2019 the exports of Whiskies grew by 1.44%, from  $12.1B to $12.3B. Trade in Whiskies represent 0.068% of total world trade.

Exports: In 2019 the top exporters of Whiskies  were United Kingdom ($6.65B), United States ($1.21B), Ireland ($996M), Singapore ($518M), and Netherlands ($396M).

Imports: In 2019 the top importers of Whiskies were United States ($2.4B), France ($775M), Singapore ($553M), Germany ($495M), and Japan ($473M).

Tariffs: In 2018 the average tariff for Whiskies was 25.6%, making it the 198th lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Whiskies are Egypt (2.63k%), Poland (258%), Jordan (177%), Indonesia (150%), and India (150%). The countries with the lowest tariffs are Liberia (0%), South Africa (0%), United Arab Emirates (0%), Armenia (0%), and Hong Kong (0%).

Ranking: Whiskies ranks 3150th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2019): United Kingdom, $6.65B

Top Destination (2019): United States, $2.4B

Whiskies are the world's 235th most traded product.

In 2019, the top exporters of Whiskies were United Kingdom ($6.65B), United States ($1.21B), Ireland ($996M), Singapore ($518M), and Netherlands ($396M).

In 2019, the top importers of Whiskies were United States ($2.4B), France ($775M), Singapore ($553M), Germany ($495M), and Japan ($473M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): Ireland, $133M

Top Destination Growth (2018 - 2019): Japan, $113M

Between 2018 and 2019, the exports of Whiskies grew the fastest in Ireland ($133M), Singapore ($56.5M), United Kingdom ($52.5M), Australia ($49M), and Spain ($48.8M).

Between 2018 and 2019, the fastest growing importers of Whiskies were Japan ($113M), United States ($94.8M), China ($94.2M), Netherlands ($52.1M), and Panama ($51.2M).

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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 Whiskies.

In 2019,  market concentration measured using Shannon Entropy, was 2.83. This means that most of the exports of Whiskies are explained by 7 countries.

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TOP NET EXPORTER (2019): United Kingdom, $6.44B

TOP NET IMPORTER (2019): United States, $1.19B

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

In 2019, the countries that had a largest trade value in exports than in imports of Whiskies were United Kingdom ($6.44B), Ireland ($953M), Canada ($60M), Thailand ($5.15M), and Latvia ($3.41M).

In 2019, the countries that had a largest trade value in imports than in exports of Whiskies were United States ($1.19B), France ($488M), Chinese Taipei ($358M), China ($329M), and Russia ($286M).

Import Tariffs

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In 2018, the average tariff for importing Whiskies was 25.6%.  The countries with the highest tariffs for importing Whiskies were Egypt (2.63k%), Poland (258%), Jordan (177%), Indonesia (150%), and India (150%).

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Product Complexity

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Diversification Frontier

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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.