Vermouth in Spain | The Observatory of Economic Complexity

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Exports In 2022, Spain exported $91.1M in Vermouth, making it the 3rd largest exporter of Vermouth in the world. At the same year, Vermouth was the 500th most exported product in Spain. The main destination of Vermouth exports from Spain are: United States ($20.6M), France ($10.5M), Japan ($6.21M), Germany ($4.55M), and Belgium ($4.32M).

The fastest growing export markets for Vermouth of Spain between 2021 and 2022 were France ($2.74M), Germany ($1.65M), and Dominican Republic ($721k).

Imports In 2022, Spain imported $31M in Vermouth, becoming the 6th largest importer of Vermouth in the world. At the same year, Vermouth was the 770th most imported product in Spain. Spain imports Vermouth primarily from: Italy ($28M), France ($980k), Germany ($507k), Georgia ($400k), and Portugal ($305k).

The fastest growing import markets in Vermouth for Spain between 2021 and 2022 were Italy ($18.9M), France ($595k), and Georgia ($133k).

COMPANIES In 2023, leading companies such as MISA IMPORTS (2.39k) were at the forefront of shipping Vermouth from Spain to the United States.

Latest Trends

January 2024

About

Overview In January 2024 Spain's Vermouth exports accounted up to €5.38M and imports accounted up to €1.99M, resulting in a positive trade balance of €3.39M. Between January 2023 and January 2024 the exports of Spain's Vermouth have increased by €863k (19.1%) from €4.51M to €5.38M, while imports increased by €1.36M (214%) from €633k to €1.99M.

Destinations In January 2024, Vermouth were exported mostly to United States (€1.24M), Japan (€592k), France (€544k), Germany (€286k), and Canada (€239k), and were imported mostly from Italy (€1.87M), Georgia (€60k), Germany (€32.2k), Belgium (€6.57k), and United Kingdom (€5.53k).

Growth In January 2024, the increase in Vermouth's year-by-year exports was explained primarily by an increase in exports to France (€197k or 45.1%), Japan (€126k or 41.3%), and Belgium (€110k or 152%). In January 2024, the increase in Vermouth's year-by-year imports was explained primarily by an increase in imports from France (€68k or 627%), Portugal (€66.5k or 8.55k%), and United Kingdom (€4.18k or 3.65k%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)€863k(19.1%)

IMPORT GROWTH (January 2023 - January 2024)€1.36M(214%)

MAIN EXPORTER (January 2024)Valencia€1.06M

MAIN DESTINATION (January 2024)United States€1.24M

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

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$91.1M

IMPORTS (2022)$31M

NET TRADE (2022)$60.1M

In 2022, Spain exported $91.1M in Vermouth. The main destinations of Spain exports on Vermouth were United States ($20.6M), France ($10.5M), Japan ($6.21M), Germany ($4.55M), and Belgium ($4.32M).

In 2022, Spain imported $31M in Vermouth, mainly from Italy ($28M), France ($980k), Germany ($507k), Georgia ($400k), and Portugal ($305k).

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