Exports In 2020, Spain exported $73.4M in Vermouth, making it the 3rd largest exporter of Vermouth in the world. At the same year, Vermouth was the 503rd most exported product in Spain. The main destination of Vermouth exports from Spain are: United States ($21.2M), Japan ($6.96M), France ($4.3M), Belgium ($3.99M), and Portugal ($2.76M).
The fastest growing export markets for Vermouth of Spain between 2019 and 2020 were Portugal ($633k), Belgium ($596k), and Sweden ($562k).
Imports In 2020, Spain imported $25.5M in Vermouth, becoming the 8th largest importer of Vermouth in the world. At the same year, Vermouth was the 751st most imported product in Spain. Spain imports Vermouth primarily from: Italy ($22.8M), Portugal ($768k), Georgia ($372k), Germany ($323k), and France ($298k).
The fastest growing import markets in Vermouth for Spain between 2019 and 2020 were Portugal ($613k), Netherlands ($210k), and Malta ($177k).
Tariffs In 2019, the average tariff for Spain in Vermouth was 13.8k%. The countries with the highest import tariffs for Vermouth were Republic of the Congo (Most Favoured Nation duty rate treatement, 36.2k%), Algeria (Most Favoured Nation duty rate treatement, 36.2k%), Western Sahara (Most Favoured Nation duty rate treatement, 36.2k%), Gabon (Most Favoured Nation duty rate treatement, 36.2k%), and Libya (Most Favoured Nation duty rate treatement, 36.2k%).