2023
Exports
$250kWorld Rnk 43 / 117
FlagN/A
2023
PRODUCT COMPLEXITY IN Vermouth
-0.84Rnk 792 / 1025
2023
Imports
$4.96MWorld Rnk 25 / 210
Flag Rnk 968 / 1209
2023
ECONOMIC COMPLEXITY of Mexico
1.09Rnk 25 / 132

About

Exports In 2023, Mexico exported $250k in Vermouth, making it the 43rd largest exporter of Vermouth in the world. At the same year, Vermouth was the N/A most exported product in Mexico. The main destination of Vermouth exports from Mexico are: Lebanon ($195k), Panama ($39.8k), Honduras ($12.3k), Maldives ($2.41k), and Zambia ($821).

The fastest growing export markets for Vermouth of Mexico between 2022 and 2023 were Lebanon ($195k), Panama ($39.8k), and Honduras ($12.3k).

Imports In 2023, Mexico imported $4.96M in Vermouth, becoming the 25th largest importer of Vermouth in the world. At the same year, Vermouth was the 968th most imported product in Mexico. Mexico imports Vermouth primarily from: Spain ($2.53M), United States ($1.39M), Italy ($478k), Chile ($407k), and France ($120k).

The fastest growing import markets in Vermouth for Mexico between 2022 and 2023 were Spain ($1.64M), Chile ($407k), and Greece ($11.1k).

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)$250k
IMPORTS (2023)$4.96M
NET TRADE (2023)-$4.71M

In 2023, Mexico exported $250k in Vermouth. The main destinations of Mexico exports on Vermouth were Lebanon ($195k), Panama ($39.8k), Honduras ($12.3k), Maldives ($2.41k), and Zambia ($821).

In 2023, Mexico imported $4.96M in Vermouth, mainly from Spain ($2.53M), United States ($1.39M), Italy ($478k), Chile ($407k), and France ($120k).

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Export Destinations (NaN)

Import Origins (NaN)

Market Growth

Flow
THE FASTEST GROWING Vermouth EXPORT MARKETS FOR Mexico WERE (2022 - 2023):
Lebanon$195k (1%)
Panama$39.8k (1%)
Honduras$12.3k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vermouth BY Mexico WERE (2022 - 2023):
Switzerland-$2.47k (-100%)
Kenya-$1.64k (-100%)
Barbados-$1.36k (-96.1%)

Change in Exports by Market (undefined - undefined)

Market Concentration

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