2022
Exports
$27.1MWorld Rnk 6 / 85
Flag Rnk 336 / 1208
2022
PRODUCT COMPLEXITY IN Hops
0.45Rnk 387 / 1025
2022
Imports
$27.1MWorld Rnk 10 / 160
Flag Rnk 619 / 1206
2022
ECONOMIC COMPLEXITY of Australia
-0.24Rnk 78 / 133

About

Exports In 2022, Australia exported $27.1M in Hops, making it the 6th largest exporter of Hops in the world. At the same year, Hops was the 336th most exported product in Australia. The main destination of Hops exports from Australia are: United States ($12.7M), Germany ($6.9M), Canada ($3.64M), United Kingdom ($1.44M), and New Zealand ($461k).

The fastest growing export markets for Hops of Australia between 2021 and 2022 were United Kingdom ($1.42M), Canada ($918k), and Germany ($844k).

Imports In 2022, Australia imported $27.1M in Hops, becoming the 10th largest importer of Hops in the world. At the same year, Hops was the 619th most imported product in Australia. Australia imports Hops primarily from: United States ($22M), New Zealand ($2.82M), Germany ($1.27M), United Kingdom ($599k), and Slovenia ($201k).

The fastest growing import markets in Hops for Australia between 2021 and 2022 were New Zealand ($951k), Slovenia ($188k), and United Kingdom ($88.2k).

Latest Trends

Aug 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Hops. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$27.1M
IMPORTS (2022)$27.1M
NET TRADE (2022)$40.9k

In 2022, Australia exported $27.1M in Hops. The main destinations of Australia exports on Hops were United States ($12.7M), Germany ($6.9M), Canada ($3.64M), United Kingdom ($1.44M), and New Zealand ($461k).

In 2022, Australia imported $27.1M in Hops, mainly from United States ($22M), New Zealand ($2.82M), Germany ($1.27M), United Kingdom ($599k), and Slovenia ($201k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hops EXPORT MARKETS FOR Australia WERE (2021 - 2022):
United Kingdom$1.42M (5.89k%)
Canada$918k (33.7%)
Germany$844k (13.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hops BY Australia WERE (2021 - 2022):
United States-$2.58M (-16.9%)
Russia-$600k (-100%)
Australia-$562k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Australia's main exporting competitors in Hops were:
In 2022, Australia's main importing competitors in Hops were:

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Trade Value of Hops by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALJapan+ $298k
TOP IMPORT POTENTIALGermany+ $465k

Hops’s highest export potential is Japan. With an export gap of $298k.   Hops’s highest import potential is Germany with an import gap of $465k.

See methodology.

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