Vermouth and other flavoured grape wines - pack Italy | The Observatory of Economic Complexity

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Exports In 2022, Italy exported $243M in Vermouth and other flavoured grape wines - pack < 2l, making it the 1st largest exporter of Vermouth and other flavoured grape wines - pack < 2l in the world. At the same year, Vermouth and other flavoured grape wines - pack < 2l was the 525th most exported product in Italy. The main destination of Vermouth and other flavoured grape wines - pack < 2l exports from Italy are: United States ($33.3M), France ($29.6M), Spain ($28M), Latvia ($25.8M), and Belgium ($14.9M).

The fastest growing export markets for Vermouth and other flavoured grape wines - pack < 2l of Italy between 2021 and 2022 were Spain ($18.9M), Latvia ($18.3M), and Portugal ($4.4M).

Imports In 2022, Italy imported $5.02M in Vermouth and other flavoured grape wines - pack < 2l, becoming the 21st largest importer of Vermouth and other flavoured grape wines - pack < 2l in the world. At the same year, Vermouth and other flavoured grape wines - pack < 2l was the 3494th most imported product in Italy. Italy imports Vermouth and other flavoured grape wines - pack < 2l primarily from: France ($1.18M), Spain ($1.12M), Portugal ($770k), Germany ($624k), and Netherlands ($618k).

The fastest growing import markets in Vermouth and other flavoured grape wines - pack < 2l for Italy between 2021 and 2022 were France ($897k), Netherlands ($399k), and Spain ($167k).

COMPANIES In 2023, leading companies such as CNH Industrial (4.79k), IKEA Group (2.86k), and Valbruna Stainless (2.05k) were at the forefront of shipping Vermouth and other flavoured grape wines - pack < 2l from Italy to the United States.

Latest Trends

March 2024

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Overview In March 2024 Italy's Vermouth and other flavoured grape wines - pack < 2l exports accounted up to €18.5M and imports accounted up to €236k, resulting in a positive trade balance of €18.3M. Between March 2023 and March 2024 the exports of Italy's Vermouth and other flavoured grape wines - pack < 2l have decreased by €-1.99M (-9.69%) from €20.5M to €18.5M, while imports decreased by €-114k (-32.6%) from €350k to €236k.

Destinations In March 2024, Vermouth and other flavoured grape wines - pack < 2l were exported mostly to United States (€3.73M), France (€3.26M), Spain (€1.57M), Belgium (€1.3M), and Germany (€1.2M), and were imported mostly from Spain (€148k), Germany (€52.4k), France (€33.5k), Sweden (€768), and Netherlands (€459).

Growth In March 2024, the decrease in Vermouth and other flavoured grape wines - pack < 2l's year-by-year exports was explained primarily by a decrease in exports to Spain (€-900k or -61.5%), United Arab Emirates (€-183k or -97%), and Australia (€-160k or -89.1%). In March 2024, the decrease in Vermouth and other flavoured grape wines - pack < 2l's year-by-year imports was explained primarily by a decrease in imports from Spain (€-11.1k or -25.1%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (March 2023 - March 2024)€-1.99M(-9.69%)

IMPORT GROWTH (March 2023 - March 2024)€-114k(-32.6%)

MAIN DESTINATION (March 2024)United States€3.73M

This section shows Vermouth and other flavoured grape wines - pack < 2l's exports and imports data at subnational level for Italy. 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 Vermouth and other flavoured grape wines - pack < 2l over time.

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