Alcohol > 80% ABV in United States | The Observatory of Economic Complexity

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Exports In 2022, United States exported $4.14B 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

February 2024

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Overview In February 2024 United States' Alcohol > 80% ABV exports accounted up to $323M and imports accounted up to $23.7M, resulting in a positive trade balance of $299M. Between February 2023 and February 2024 the exports of United States' Alcohol > 80% ABV have increased by $20.2M (6.66%) from $303M to $323M, while imports increased by $14M (146%) from $9.64M to $23.7M.

Destinations In February 2024, Alcohol > 80% ABV were exported mostly to Canada ($102M), United Kingdom ($42.8M), Colombia ($41.3M), India ($30.1M), and Mexico ($21.7M), and were imported mostly from Brazil ($12.5M), Canada ($8.44M), South Africa ($2.16M), Germany ($192k), and Colombia ($166k).

Growth In February 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 February 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

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)$20.2M(6.66%)

IMPORT GROWTH (February 2023 - February 2024)$14M(146%)

MAIN EXPORTER (February 2024)Texas$208M

MAIN DESTINATION (February 2024)Canada$102M

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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