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Pricing

volume; spirits, liqueurs and other spirituous beverages

2208 (Harmonized System 1992 for 4-digit)

2022
World Trade $40.5BRnk 113 / 1218
2022
Top Exporter | Top Importer $9.58B | $10.9BUnited Kingdom | United States
2022
Product Complexity -0.5Rnk 706 / 1033
2021 - 2022
Export Growth (CAGR) 13.6%Rnk 309 / 1218
2022
Share of World Trade 0.17%Rnk 113 / 1218

About

Overview This page contains the latest trade data of Hard Liquor. In 2022, Hard Liquor were the world's 113th most traded product, with a total trade of $40.5B. Between 2021 and 2022 the exports of Hard Liquor grew by 13.6%, from $35.7B to $40.5B. Trade in Hard Liquor represent 0.17% of total world trade.

Hard Liquor are a part of Beverages, spirits, & vinegar. They include Whiskies, Alcoholic liqueurs nes, Spirits obtained by distilling grape wine, grape marc, Rum and tafia, Gin and Geneva, and Compound alcoholic preps for beverage manufacture.

Exports In 2022 the top exporters of Hard Liquor  were United Kingdom ($9.58B), France ($6.3B), Mexico ($4.86B), United States ($2.36B), and Italy ($1.73B).

Imports In 2022 the top importers of Hard Liquor were United States ($10.9B), China ($2.58B), Germany ($1.89B), France ($1.48B), and Singapore ($1.47B).

Ranking Hard Liquor ranks 706th in the Product Complexity Index (PCI).

Description -

Latest Trends

Latest Data

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

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

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2022)United Kingdom$9.58B
Top Destination (2022)United States$10.9B

In 2022 Hard Liquor were the world's 113th most traded product (out of 1,218).

In 2022, the top exporters of Hard Liquor were United Kingdom ($9.58B), France ($6.3B), Mexico ($4.86B), United States ($2.36B), and Italy ($1.73B).

In 2022, the top importers of Hard Liquor were United States ($10.9B), China ($2.58B), Germany ($1.89B), France ($1.48B), and Singapore ($1.47B).

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Exporters of Hard Liquor (2022)
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Importers of Hard Liquor (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)United Kingdom$1.8B
Top Destination Growth (2021 -  2022)United States$1.47B

Between 2021 and 2022, the exports of Hard Liquor grew the fastest in United Kingdom ($1.8B), Mexico ($1.23B), United States ($519M), China ($282M), and Netherlands ($244M).

Between 2021 and 2022, the fastest growing importers of Hard Liquor were United States ($1.47B), India ($276M), Spain ($251M), Panama ($224M), and Italy ($218M).

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Exporters of Hard Liquor (2021 - 2022)

Importers of Hard Liquor (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Hard Liquor.

In 2022, market concentration measured using Shannon Entropy, was 4.21. This means that most of the exports of Hard Liquor are explained by 18 countries.

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Value of Exports in Hard Liquor

Net Trade

TOP NET EXPORTER (2022)United Kingdom$8.35B
TOP NET IMPORTER (2022)United States$8.51B

This map shows which countries export or import more of Hard Liquor. Each country is colored based on the difference in exports and imports of Hard Liquor during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Hard Liquor were United Kingdom ($8.35B), France ($4.82B), Mexico ($4.49B), Ireland ($1.21B), and Italy ($977M).

In 2022, the countries that had a largest trade value in imports than in exports of Hard Liquor were United States ($8.51B), China ($1.64B), Australia ($663M), Canada ($522M), and Russia ($494M).

Net Trade (2022)

Disaggregation

Value

In 2022, the world most traded Hard Liquor, disaggragated by their HS6 level were Alcoholic liqueurs nes ($15.5B), Whiskies ($14.2B), Spirits obtained by distilling grape wine,... ($6.97B), Rum and tafia ($2.01B), and Gin and Geneva ($1.79B)

HS6 Disaggregation for Hard Liquor (2022)
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Country Comparison

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Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Hard Liquor.
It is possible to select the main countries that export or import Hard Liquor in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Hard Liquor by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALGermany+ $38.8M
TOP IMPORT POTENTIALUnited States+ $27.6M

Hard Liquor’s highest export potential is Germany. With an export gap of $38.8M.  Hard Liquor’s highest import potential is United States with an import gap of $27.6M.

See methodology.

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Product Complexity

Diversification Frontier

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.

Relatedness vs Country Complexity (2022)

Related Products

This visualization shows products that are likely to be exported by countries that export Hard Liquor.

Country by Relatedness

The following visualization shows the relatedness of Hard Liquor to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2022)

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