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121020 (Harmonized System 1992 for 6-digit)

2023
World Trade $650MRnk 2576 / 4644
2023
Top Exporter | Top Importer $246M | $59.7MUnited States | Belgium
2023
Product Complexity 0.33Rnk 1981 / 4656
2022 - 2023
Export Growth (CAGR) -12%Rnk 2921 / 4644
2023
Share of World Trade 0.0029%Rnk 2576 / 4644

About

Overview This page contains the latest trade data of Hop cones, ground, powdered or pelleted and lupulin. In 2023, Hop cones, ground, powdered or pelleted and lupulin were the world's 2576th most traded product, with a total trade of $650M. Between 2022 and 2023 the exports of Hop cones, ground, powdered or pelleted and lupulin decreased by -12%, from $738M to $650M. Trade in Hop cones, ground, powdered or pelleted and lupulin represent 0.0029% of total world trade.

Hop cones, ground, powdered or pelleted and lupulin are a part of Hops.

Exports In 2023 the top exporters of Hop cones, ground, powdered or pelleted and lupulin  were United States ($246M), Germany ($231M), Czechia ($40.4M), Australia ($28.1M), and Belgium ($27.7M).

Imports In 2023 the top importers of Hop cones, ground, powdered or pelleted and lupulin were Belgium ($59.7M), United States ($53.4M), Canada ($49.5M), China ($47.1M), and Japan ($40.5M).

Ranking Hop cones, ground, powdered or pelleted and lupulin ranks 1981st in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Hop cones, ground, powdered or pelleted and lupulin. 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 (2023)United States$246M
Top Destination (2023)Belgium$59.7M

In 2023 Hop cones, ground, powdered or pelleted and lupulin were the world's 2576th most traded product (out of 4,644).

In 2023, the top exporters of Hop cones, ground, powdered or pelleted and lupulin were United States ($246M), Germany ($231M), Czechia ($40.4M), Australia ($28.1M), and Belgium ($27.7M).

In 2023, the top importers of Hop cones, ground, powdered or pelleted and lupulin were Belgium ($59.7M), United States ($53.4M), Canada ($49.5M), China ($47.1M), and Japan ($40.5M).

Explore Visualizations

Exporters of Hop cones, ground, powdered or pelleted and lupulin (2023)
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Importers of Hop cones, ground, powdered or pelleted and lupulin (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Slovenia$1.82M
Top Destination Growth (2022 -  2023)Mexico$3.37M

Between 2022 and 2023, the exports of Hop cones, ground, powdered or pelleted and lupulin grew the fastest in Slovenia ($1.82M), France ($1.04M), Belgium ($1.03M), Hong Kong ($938k), and Gambia ($905k).

Between 2022 and 2023, the fastest growing importers of Hop cones, ground, powdered or pelleted and lupulin were Mexico ($3.37M), South Africa ($2.91M), Czechia ($2.68M), Hong Kong ($1.79M), and Spain ($1.76M).

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Exporters of Hop cones, ground, powdered or pelleted and lupulin (2022 - 2023)

Importers of Hop cones, ground, powdered or pelleted and lupulin (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Hop cones, ground, powdered or pelleted and lupulin.

In 2023, market concentration measured using Shannon Entropy, was 2.47. This means that most of the exports of Hop cones, ground, powdered or pelleted and lupulin are explained by 5 countries.

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Value of Exports in Hop cones, ground, powdered or pelleted and lupulin

Net Trade

TOP NET EXPORTER (2023)Germany$200M
TOP NET IMPORTER (2023)Canada$48.4M

This map shows which countries export or import more of Hop cones, ground, powdered or pelleted and lupulin. Each country is colored based on the difference in exports and imports of Hop cones, ground, powdered or pelleted and lupulin during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Hop cones, ground, powdered or pelleted and lupulin were Germany ($200M), United States ($192M), Czechia ($30.7M), New Zealand ($18.9M), and Slovenia ($4.94M).

In 2023, the countries that had a largest trade value in imports than in exports of Hop cones, ground, powdered or pelleted and lupulin were Canada ($48.4M), China ($46M), Japan ($40.5M), Belgium ($32M), and Russia ($31M).

Net Trade (2023)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Hop cones, ground, powdered or pelleted and lupulin.
It is possible to select the main countries that export or import Hop cones, ground, powdered or pelleted and lupulin in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Hop cones, ground, powdered or pelleted and lupulin by percentage of total exports

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 (2023)

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