This chart provides a complete view of the in-scope beverages trade balance; imports are steadily rising and exports are generally flat. Note: fruit juices are categorized under "food products," not "beverages."
Beverages have a
$3.3 billion deficit. From 1991 to 2001, imports grew at an average annual rate of 11% while exports grew at 8%. Grape wine is the major driver of the overall 2012 trade deficit data, with a deficit of $1.7 billion. Beer was at a trade deficit of
$400 million. Combined, they account for over 60% of the trade deficit in beverages and nearly 40% of the total in-scope trade deficit under HS IV.
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