2022
Exports
$5.69kWorld Rnk 87 / 115
Flag Rnk 1160 / 1193
2022
PRODUCT COMPLEXITY IN Vermouth
-0.6Rnk 729 / 1025
2022
Imports
$5.41MWorld Rnk 19 / 212
Flag Rnk 979 / 1208
2022
ECONOMIC COMPLEXITY of Mexico
1.08Rnk 25 / 133

About

Exports In 2022, Mexico exported $5.69k in Vermouth, making it the 87th largest exporter of Vermouth in the world. At the same year, Vermouth was the 1160th most exported product in Mexico. The main destination of Vermouth exports from Mexico are: Switzerland ($2.47k), Kenya ($1.52k), Barbados ($1.32k), Jamaica ($299), and Guatemala ($55).

The fastest growing export markets for Vermouth of Mexico between 2021 and 2022 were Switzerland ($2.47k), Kenya ($1.52k), and Barbados ($1.32k).

Imports In 2022, Mexico imported $5.41M in Vermouth, becoming the 19th largest importer of Vermouth in the world. At the same year, Vermouth was the 979th most imported product in Mexico. Mexico imports Vermouth primarily from: United States ($2.19M), Spain ($1.75M), Italy ($1.33M), France ($121k), and Sweden ($5.54k).

The fastest growing import markets in Vermouth for Mexico between 2021 and 2022 were United States ($2.1M), Italy ($652k), and Spain ($195k).

Latest Trends

Jul 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 (2022)$5.69k
IMPORTS (2022)$5.41M
NET TRADE (2022)-$5.4M

In 2022, Mexico exported $5.69k in Vermouth. The main destinations of Mexico exports on Vermouth were Switzerland ($2.47k), Kenya ($1.52k), Barbados ($1.32k), Jamaica ($299), and Guatemala ($55).

In 2022, Mexico imported $5.41M in Vermouth, mainly from United States ($2.19M), Spain ($1.75M), Italy ($1.33M), France ($121k), and Sweden ($5.54k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Vermouth EXPORT MARKETS FOR Mexico WERE (2021 - 2022):
Switzerland$2.47k (1%)
Kenya$1.52k (1%)
Barbados$1.32k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vermouth BY Mexico WERE (2021 - 2022):
Maldives-$1.91k (-100%)
Rwanda-$672 (-100%)
Canada-$425 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Mexico's main exporting competitors in Vermouth were:
Italy $250M
Spain $91.1M
In 2022, Mexico'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 POTENTIALSwitzerland+ $971
TOP IMPORT POTENTIALItaly+ $239k

Vermouth’s highest export potential is Switzerland. With an export gap of $971.   Vermouth’s highest import potential is Italy with an import gap of $239k.

See methodology.

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