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2022
Destination $495M Canada
2021 - 2022
FASTEST GROWING MARKET $495MCanada
2022
PRODUCT COMPLEXITY IN Alcohol > 80% ABV-0.82Rnk 784 / 1025
2022
ImportsfalseWorld Rnk 7 / 209
Flag Rnk 533 / 1216
2022
Origin $52.2M Brazil
2021 - 2022
FASTEST GROWING ORIGIN $52.2MBrazil
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported N/A in Alcohol > 80% ABV, making it the 1st largest exporter of Alcohol > 80% ABV in the world. At the same year, Alcohol > 80% ABV was the 88th most exported product in United States. The main destination of Alcohol > 80% ABV exports from United States are: Canada ($1.5B), South Korea ($454M), United Kingdom ($270M), Netherlands ($258M), and India ($217M).

The fastest growing export markets for Alcohol > 80% ABV of United States between 2021 and 2022 were Canada ($495M), Netherlands ($161M), and United Kingdom ($157M).

Imports In 2022, United States imported $517M in Alcohol > 80% ABV, becoming the 7th largest importer of Alcohol > 80% ABV in the world. At the same year, Alcohol > 80% ABV was the 533rd most imported product in United States. United States imports Alcohol > 80% ABV primarily from: Brazil ($321M), Canada ($119M), Guatemala ($41.1M), South Africa ($18.7M), and Australia ($3.97M).

The fastest growing import markets in Alcohol > 80% ABV for United States between 2021 and 2022 were Brazil ($52.2M), Canada ($13.7M), and Guatemala ($11.9M).

COMPANIES In 2023, leading companies such as Gallo Family Vineyards (118), Palm Bay International (50), and MISA Imports (47) were at the forefront of shipping Alcohol > 80% ABV to the United States.

Latest Trends

June 2024

About

Overview In June 2024 United States' Alcohol > 80% ABV exports accounted up to $350M and imports accounted up to $39.2M, resulting in a positive trade balance of $310M. Between June 2023 and June 2024 the exports of United States'   Alcohol > 80% ABV have increased by $23.8M (7.31%) from $326M to $350M, while imports increased by $3.86M (10.9%) from $35.4M to $39.2M.

Destinations In June 2024, Alcohol > 80% ABV were exported mostly to Canada ($103M), United Kingdom ($62.1M), India ($33.3M), Colombia ($31.9M), and Mexico ($28M), and were imported mostly from Brazil ($19.9M), Canada ($11M), Guatemala ($5.03M), Australia ($1.52M), and Chile ($304k).

Growth In June 2024, the increase in Alcohol > 80% ABV's year-by-year exports was explained primarily by an increase in exports to United Kingdom ($31.7M or 305%), Colombia ($17.2M or 17.1k%), and Canada ($16.6M or 14.5%). In June 2024, the increase in Alcohol > 80% ABV's year-by-year imports was explained primarily by an increase in imports from Argentina ($1.17M or 3.12k%), Australia ($778k or 375%), and Germany ($474k or 1.08k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$23.8M(7.31%)
IMPORT GROWTH (June 2023 - June 2024)$3.86M(10.9%)
MAIN EXPORTER (June 2024)Texas$270M
MAIN DESTINATION (June 2024)Canada$103M

This section shows Alcohol > 80% ABV's exports and imports data at subnational level for United States. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Alcohol > 80% ABV over time.

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Historical Data

Trade Balance

Color
IMPORTS (2022)$517M

In N/A, United States exported N/A in Alcohol > 80% ABV. The main destinations of United States exports on Alcohol > 80% ABV were Canada ($1.5B), South Korea ($454M), United Kingdom ($270M), Netherlands ($258M), and India ($217M).

In 2022, United States imported $517M in Alcohol > 80% ABV, mainly from Brazil ($321M), Canada ($119M), Guatemala ($41.1M), South Africa ($18.7M), and Australia ($3.97M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Alcohol > 80% ABV EXPORT MARKETS FOR United States WERE (2021 - 2022):
Canada$495M (49.5%)
Netherlands$161M (165%)
United Kingdom$157M (139%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Alcohol > 80% ABV BY United States WERE (2021 - 2022):
China-$224M (-99.3%)
India-$206M (-48.6%)
Colombia-$36.8M (-42.9%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Alcohol > 80% ABV were:
Brazil $1.8B
Netherlands $1.69B
In 2022, United States's main importing competitors in Alcohol > 80% ABV were:
Netherlands $2.53B
Germany $1.64B
Canada $1.52B

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Trade Value of Alcohol > 80% ABV by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $20.3M
TOP IMPORT POTENTIALCanada+ $20.1M

Alcohol > 80% ABV’s highest export potential is France. With an export gap of $20.3M.   Alcohol > 80% ABV’s highest import potential is Canada with an import gap of $20.1M.

See methodology.

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