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2023
Exports $674kWorld Rnk 29 / 117
Flag Rnk 1193 / 1215
2023
Destination $34.8k Burma
2022 - 2023
FASTEST GROWING MARKET $34.8kAustria
2023
PRODUCT COMPLEXITY IN Vermouth-0.84Rnk 792 / 1025
2023
Imports $3.12MWorld Rnk 36 / 210
Flag Rnk 1099 / 1214
2023
Origin $191k Italy
2022 - 2023
FASTEST GROWING ORIGIN $191kFrance
2023
ECONOMIC COMPLEXITY of China1.16Rnk 21 / 132

About

Exports In 2023, China exported $674k in Vermouth, making it the 29th largest exporter of Vermouth in the world. At the same year, Vermouth was the 1193rd most exported product in China. The main destination of Vermouth exports from China are: Burma ($275k), Japan ($113k), Hong Kong ($79.8k), Austria ($52.3k), and Germany ($47.2k).

The fastest growing export markets for Vermouth of China between 2022 and 2023 were Austria ($34.8k), Philippines ($34.4k), and Singapore ($17.5k).

Imports In 2023, China imported $3.12M in Vermouth, becoming the 36th largest importer of Vermouth in the world. At the same year, Vermouth was the 1099th most imported product in China. China imports Vermouth primarily from: Italy ($684k), France ($661k), United States ($609k), Spain ($507k), and Germany ($290k).

The fastest growing import markets in Vermouth for China between 2022 and 2023 were France ($191k), United States ($161k), and Serbia ($42.9k).

Latest Trends

December 2024

About

Overview In December 2024 China's Vermouth exports accounted up to $11.8k and imports accounted up to $76.7k, resulting in a negative trade balance of $64.8k. Between December 2023 and December 2024 the exports of China's   Vermouth have decreased by $-50.4k (-81%) from $62.2k to $11.8k, while imports decreased by $-13k (-14.5%) from $89.7k to $76.7k.

Destinations In December 2024, Vermouth were exported mostly to Hong Kong ($11.6k) and Singapore ($264), and were imported mostly from Italy ($47.2k), Spain ($26.8k), Japan ($1.69k), Germany ($823), and United Kingdom ($244).

Growth In December 2024, the decrease in Vermouth's year-by-year exports was explained primarily by a decrease in exports to Japan ($-2.33k or -47.1%). In December 2024, the decrease in Vermouth's year-by-year imports was explained primarily by a decrease in imports from France ($-18.7k or -36.4%) and Germany ($-6.62k or -58.5%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)$-50.4k(-81%)
IMPORT GROWTH (December 2023 - December 2024)$-13k(-14.5%)
MAIN EXPORTER (December 2024)Fujian Province$215k
MAIN DESTINATION (December 2024)Hong Kong$11.6k

This section shows Vermouth's exports and imports data at subnational level for China. 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 over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$674k
IMPORTS (2023)$3.12M
NET TRADE (2023)-$2.45M

In 2023, China exported $674k in Vermouth. The main destinations of China exports on Vermouth were Burma ($275k), Japan ($113k), Hong Kong ($79.8k), Austria ($52.3k), and Germany ($47.2k).

In 2023, China imported $3.12M in Vermouth, mainly from Italy ($684k), France ($661k), United States ($609k), Spain ($507k), and Germany ($290k).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Vermouth EXPORT MARKETS FOR China WERE (2022 - 2023):
Austria$34.8k (199%)
Philippines$34.4k (1%)
Singapore$17.5k (19k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vermouth BY China WERE (2022 - 2023):
Nepal-$39.8k (-100%)
Burma-$30.3k (-9.91%)
Hong Kong-$26.8k (-25.2%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, China's main exporting competitors in Vermouth were:
Italy $301M
France $129M
Spain $71.5M
In 2023, China's main importing competitors in Vermouth were:
Germany $102M
Russia $68.3M
United States $66.2M

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Trade Value of Vermouth by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $55.3k
TOP IMPORT POTENTIALItaly+ $566k

Vermouth’s highest export potential is Germany. With an export gap of $55.3k.   Vermouth’s highest import potential is Italy with an import gap of $566k.

See methodology.

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