HS Icon Vermouth in  Flag Spain

2020
Exports | Imports
: $73.4M | $25.5M, World Rnk 3 / 104
Flag Rnk 503 / 1213 | World Rnk 8 / 206
Flag Rnk 751 / 1213

2019 - 2020
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $633k | $613k, Portugal |  Portugal


ECONOMIC COMPLEXITY of Spain
: 0.76, Rnk 34 / 127


PRODUCT COMPLEXITY  IN Vermouth
: -0.34, Rnk 658 / 1028

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%).

April 2022

Subnational Monthly Trade

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EXPORT GROWTH (April 2021 - April 2022): €-357k, (-4.45%)

IMPORT GROWTH (April 2021 - April 2022): €-2.11M, (-47.5%)

MAIN EXPORTER (April 2022): Murcia, €1.79M

MAIN DESTINATION (April 2022): United States, €1.17M

This section shows Vermouth's exports and imports data at subnational level for Spain. 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

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EXPORTS (2020): $73.4M

IMPORTS (2020): $25.5M

NET TRADE (2020): $47.8M

In 2020, Spain exported $73.4M in Vermouth. The main destinations of Spain exports on Vermouth were United States ($21.2M), Japan ($6.96M), France ($4.3M), Belgium ($3.99M), and Portugal ($2.76M).

In 2020, Spain imported $25.5M in Vermouth, mainly from Italy ($22.8M), Portugal ($768k), Georgia ($372k), Germany ($323k), and France ($298k).

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IN 2020, Spain HAD A POSITIVE NET TRADE IN Vermouth WITH:

IN 2020, Spain HAD A NEGATIVE NET TRADE IN Vermouth WITH:

Flow

THE FASTEST GROWING Vermouth EXPORT MARKETS FOR Spain WERE (2019 - 2020):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vermouth BY Spain WERE (2019 - 2020):

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Market Concentration

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In 2019, Spain's main exporting competitors in Vermouth were:

In 2019, Spain's main importing competitors in Vermouth were:

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