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210120 (Harmonized System 1992 for 6-digit)

2022
World Trade $1.45BRnk 1800 / 4648
2022
Top Exporter | Top Importer $223M | $208MIreland | United States
2022
Product Complexity -0.68Rnk 3449 / 4653
2021 - 2022
Export Growth (CAGR) 6.82%Rnk 1989 / 4648
2022
Share of World Trade 0.0061%Rnk 1800 / 4648

About

Overview This page contains the latest trade data of Tea and mate extracts, essences and concentrates. In 2022, Tea and mate extracts, essences and concentrates were the world's 1800th most traded product, with a total trade of $1.45B. Between 2021 and 2022 the exports of Tea and mate extracts, essences and concentrates grew by 6.82%, from $1.35B to $1.45B. Trade in Tea and mate extracts, essences and concentrates represent 0.0061% of total world trade.

Tea and mate extracts, essences and concentrates are a part of Coffee and Tea Extracts.

Exports In 2022 the top exporters of Tea and mate extracts, essences and concentrates  were Ireland ($223M), China ($183M), United States ($169M), Netherlands ($164M), and Germany ($92.8M).

Imports In 2022 the top importers of Tea and mate extracts, essences and concentrates were United States ($208M), Netherlands ($106M), France ($99.2M), Ireland ($71.5M), and Germany ($54.1M).

Ranking Tea and mate extracts, essences and concentrates ranks 3449th in the Product Complexity Index (PCI).

Description -

Latest Trends

Latest Data

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The following visualization shows the latest trends on Tea and mate extracts, essences and concentrates. 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)Ireland$223M
Top Destination (2022)United States$208M

In 2022 Tea and mate extracts, essences and concentrates were the world's 1800th most traded product (out of 4,648).

In 2022, the top exporters of Tea and mate extracts, essences and concentrates were Ireland ($223M), China ($183M), United States ($169M), Netherlands ($164M), and Germany ($92.8M).

In 2022, the top importers of Tea and mate extracts, essences and concentrates were United States ($208M), Netherlands ($106M), France ($99.2M), Ireland ($71.5M), and Germany ($54.1M).

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Exporters of Tea and mate extracts, essences and concentrates (2022)
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Importers of Tea and mate extracts, essences and concentrates (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$29.5M
Top Destination Growth (2021 -  2022)Netherlands$30.5M

Between 2021 and 2022, the exports of Tea and mate extracts, essences and concentrates grew the fastest in China ($29.5M), Netherlands ($27.3M), Mexico ($15.9M), India ($13.6M), and Malaysia ($11.9M).

Between 2021 and 2022, the fastest growing importers of Tea and mate extracts, essences and concentrates were Netherlands ($30.5M), Hong Kong ($26.9M), France ($18.4M), Chile ($17.4M), and United States ($15.2M).

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Exporters of Tea and mate extracts, essences and concentrates (2021 - 2022)

Importers of Tea and mate extracts, essences and concentrates (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Tea and mate extracts, essences and concentrates.

In 2022, market concentration measured using Shannon Entropy, was 4.33. This means that most of the exports of Tea and mate extracts, essences and concentrates are explained by 20 countries.

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Value of Exports in Tea and mate extracts, essences and concentrates

Net Trade

TOP NET EXPORTER (2022)China$168M
TOP NET IMPORTER (2022)France$86.7M

This map shows which countries export or import more of Tea and mate extracts, essences and concentrates. Each country is colored based on the difference in exports and imports of Tea and mate extracts, essences and concentrates during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Tea and mate extracts, essences and concentrates were China ($168M), Ireland ($151M), India ($73.4M), Netherlands ($57.2M), and Germany ($38.7M).

In 2022, the countries that had a largest trade value in imports than in exports of Tea and mate extracts, essences and concentrates were France ($86.7M), Hong Kong ($44.5M), United States ($39M), Portugal ($37M), and Mexico ($28.1M).

Net Trade (2022)

Country Comparison

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

Top 10 Exporters Countries of Tea and mate extracts, essences and concentrates 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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