2023
Exports
$16.7MWorld Rnk 7 / 117
Flag Rnk 16 / 778
2023
PRODUCT COMPLEXITY IN Vermouth
-0.84Rnk 792 / 1025
2023
Imports
$481kWorld Rnk 94 / 210
Flag Rnk 581 / 1125
2023
ECONOMIC COMPLEXITY of Jamaica
-0.14Rnk 70 / 132

About

Exports In 2023, Jamaica exported $16.7M in Vermouth, making it the 7th largest exporter of Vermouth in the world. At the same year, Vermouth was the 16th most exported product in Jamaica. The main destination of Vermouth exports from Jamaica are: Trinidad and Tobago ($5.17M), United Kingdom ($2.77M), United States ($1.48M), Saint Martin ($1.19M), and Panama ($732k).

The fastest growing export markets for Vermouth of Jamaica between 2022 and 2023 were United States ($1.35M), Trinidad and Tobago ($1.18M), and Panama ($633k).

Imports In 2023, Jamaica imported $481k in Vermouth, becoming the 94th largest importer of Vermouth in the world. At the same year, Vermouth was the 581st most imported product in Jamaica. Jamaica imports Vermouth primarily from: United States ($135k), France ($125k), Spain ($123k), Switzerland ($50.7k), and Chile ($18.6k).

The fastest growing import markets in Vermouth for Jamaica between 2022 and 2023 were Spain ($73.3k), Switzerland ($50.6k), and Chile ($18.6k).

Latest Trends

Dec 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Vermouth. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$16.7M
IMPORTS (2023)$481k
NET TRADE (2023)$16.3M

In 2023, Jamaica exported $16.7M in Vermouth. The main destinations of Jamaica exports on Vermouth were Trinidad and Tobago ($5.17M), United Kingdom ($2.77M), United States ($1.48M), Saint Martin ($1.19M), and Panama ($732k).

In 2023, Jamaica imported $481k in Vermouth, mainly from United States ($135k), France ($125k), Spain ($123k), Switzerland ($50.7k), and Chile ($18.6k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Vermouth EXPORT MARKETS FOR Jamaica WERE (2022 - 2023):
United States$1.35M (1.1k%)
Trinidad and Tobago$1.18M (29.4%)
Panama$633k (638%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vermouth BY Jamaica WERE (2022 - 2023):
United Kingdom-$981k (-26.1%)
Dominica-$158k (-55.3%)
British Virgin Islands-$79.8k (-62.6%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Jamaica's main exporting competitors in Vermouth were:
Italy $301M
Spain $71.5M
In 2023, Jamaica's main importing competitors in Vermouth were:

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Trade Value of Vermouth by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $247k
TOP IMPORT POTENTIALItaly+ $9.11k

Vermouth’s highest export potential is United States. With an export gap of $247k.   Vermouth’s highest import potential is Italy with an import gap of $9.11k.

See methodology.

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