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121020 (Harmonized System 1992 for 6-digit)

2022
World Trade $757MRnk 2484 / 4648
2022
Top Exporter | Top Importer $288M | $66.3MUnited States | United Kingdom
2022
Product Complexity 0.38Rnk 1857 / 4653
2021 - 2022
Export Growth (CAGR) 1.05%Rnk 2806 / 4648
2022
Share of World Trade 0.0032%Rnk 2484 / 4648

About

Overview This page contains the latest trade data of Hop cones, ground, powdered or pelleted and lupulin. In 2022, Hop cones, ground, powdered or pelleted and lupulin were the world's 2484th most traded product, with a total trade of $757M. Between 2021 and 2022 the exports of Hop cones, ground, powdered or pelleted and lupulin grew by 1.05%, from $749M to $757M. Trade in Hop cones, ground, powdered or pelleted and lupulin represent 0.0032% of total world trade.

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

Exports In 2022 the top exporters of Hop cones, ground, powdered or pelleted and lupulin  were United States ($288M), Germany ($277M), Czechia ($55M), Belgium ($32.9M), and New Zealand ($29.1M).

Imports In 2022 the top importers of Hop cones, ground, powdered or pelleted and lupulin were United Kingdom ($66.3M), United States ($60.6M), Germany ($55.6M), Belgium ($55.1M), and China ($54.8M).

Ranking Hop cones, ground, powdered or pelleted and lupulin ranks 1857th in the Product Complexity Index (PCI).

Description -

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 (2022)United States$288M
Top Destination (2022)United Kingdom$66.3M

In 2022 Hop cones, ground, powdered or pelleted and lupulin were the world's 2484th most traded product (out of 4,648).

In 2022, the top exporters of Hop cones, ground, powdered or pelleted and lupulin were United States ($288M), Germany ($277M), Czechia ($55M), Belgium ($32.9M), and New Zealand ($29.1M).

In 2022, the top importers of Hop cones, ground, powdered or pelleted and lupulin were United Kingdom ($66.3M), United States ($60.6M), Germany ($55.6M), Belgium ($55.1M), and China ($54.8M).

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Exporters of Hop cones, ground, powdered or pelleted and lupulin (2022)
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Importers of Hop cones, ground, powdered or pelleted and lupulin (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)United States$22.1M
Top Destination Growth (2021 -  2022)United Kingdom$18.6M

Between 2021 and 2022, the exports of Hop cones, ground, powdered or pelleted and lupulin grew the fastest in United States ($22.1M), New Zealand ($12.6M), France ($5.23M), Czechia ($4.49M), and Belgium ($3.87M).

Between 2021 and 2022, the fastest growing importers of Hop cones, ground, powdered or pelleted and lupulin were United Kingdom ($18.6M), Germany ($7.12M), Mexico ($5.64M), Japan ($4.58M), and India ($3.34M).

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Exporters of Hop cones, ground, powdered or pelleted and lupulin (2021 - 2022)

Importers of Hop cones, ground, powdered or pelleted and lupulin (2021 - 2022)

Market Concentration

Value

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

In 2022, market concentration measured using Shannon Entropy, was 2.38. 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 (2022)United States$227M
TOP NET IMPORTER (2022)United Kingdom$57.5M

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 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Hop cones, ground, powdered or pelleted and lupulin were United States ($227M), Germany ($222M), Czechia ($49.2M), New Zealand ($18.1M), and Slovenia ($4.6M).

In 2022, the countries that had a largest trade value in imports than in exports of Hop cones, ground, powdered or pelleted and lupulin were United Kingdom ($57.5M), China ($54.2M), Japan ($49.8M), Canada ($48M), and Russia ($39.9M).

Net Trade (2022)

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 (2022)

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