Overview:  This page contains the latest trade data of Wine. In 2019, Wine were the world's 101st most traded product, with a total trade of $35.7B. Between 2018 and 2019 the exports of Wine decreased by -3.74%, from $37.1B to $35.7B. Trade in Wine represent 0.2% of total world trade.

Exports: In 2019 the top exporters of Wine  were France ($11.1B), Italy ($7.25B), Spain ($3.12B), Australia ($2.16B), and Chile ($1.94B).

Imports: In 2019 the top importers of Wine were United States ($5.95B), United Kingdom ($4.25B), Germany ($3.06B), China ($2.3B), and Canada ($1.88B).

Tariffs: In 2018 the average tariff for Wine was 23.4%, making it the 67th lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Wine are Egypt (1.58k%), Jordan (301%), India (150%), Cyprus (142%), and Trinidad and Tobago (100%). The countries with the lowest tariffs are Liberia (0%), United Arab Emirates (0%), Hong Kong (0%), Kuwait (0%), and Laos (0%).

Ranking: Wine ranks 744th 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): France, $11.1B

Top Destination (2019): United States, $5.95B

Wine are the world's 101st most traded product.

In 2019, the top exporters of Wine were France ($11.1B), Italy ($7.25B), Spain ($3.12B), Australia ($2.16B), and Chile ($1.94B).

In 2019, the top importers of Wine were United States ($5.95B), United Kingdom ($4.25B), Germany ($3.06B), China ($2.3B), and Canada ($1.88B).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): Singapore, $28.6M

Top Destination Growth (2018 - 2019): Japan, $104M

Between 2018 and 2019, the exports of Wine grew the fastest in Singapore ($28.6M), Georgia ($26.4M), New Zealand ($20.1M), United Arab Emirates ($20M), and Poland ($11.8M).

Between 2018 and 2019, the fastest growing importers of Wine were Japan ($104M), United States ($82M), Macau ($21M), Russia ($16.7M), and Ukraine ($15.7M).

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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 Wine.

In 2019,  market concentration measured using Shannon Entropy, was 3.51. This means that most of the exports of Wine are explained by 11 countries.

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TOP NET EXPORTER (2019): France, $10.1B

TOP NET IMPORTER (2019): United States, $4.46B

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

In 2019, the countries that had a largest trade value in exports than in imports of Wine were France ($10.1B), Italy ($6.87B), Spain ($2.85B), Chile ($1.93B), and Australia ($1.6B).

In 2019, the countries that had a largest trade value in imports than in exports of Wine were United States ($4.46B), United Kingdom ($3.49B), China ($2.21B), Germany ($1.92B), and Canada ($1.82B).

Disaggregation

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Value

In 2019, the world most traded Wine, disaggragated by their HS6 level were Grape wines nes, fortified wine or... ($24.7B), Grape wines, sparkling ($7.26B), Grape wines, alcoholic grape must nes ($3.65B), and Grape must, unfermented, except as fruit... ($140M)

Import Tariffs

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In 2018, the average tariff for importing Wine was 23.4%. The countries with the highest tariffs for importing Wine were Egypt (1.58k%), Jordan (301%), India (150%), Cyprus (142%), and Trinidad and Tobago (100%).

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 Wine to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.