2023
Exports
$4.3MWorld Rnk 17 / 117
Flag Rnk 703 / 1213
2023
PRODUCT COMPLEXITY IN Vermouth
-0.84Rnk 792 / 1025
2023
Imports
$14.4MWorld Rnk 11 / 210
Flag Rnk 642 / 1211
2023
ECONOMIC COMPLEXITY of Portugal
0.57Rnk 42 / 132

About

Exports In 2023, Portugal exported $4.3M in Vermouth, making it the 17th largest exporter of Vermouth in the world. At the same year, Vermouth was the 703rd most exported product in Portugal. The main destination of Vermouth exports from Portugal are: Italy ($834k), Angola ($764k), Germany ($653k), Spain ($501k), and France ($292k).

The fastest growing export markets for Vermouth of Portugal between 2022 and 2023 were Germany ($469k), Spain ($163k), and Japan ($133k).

Imports In 2023, Portugal imported $14.4M in Vermouth, becoming the 11th largest importer of Vermouth in the world. At the same year, Vermouth was the 642nd most imported product in Portugal. Portugal imports Vermouth primarily from: Italy ($9M), Spain ($3.18M), Germany ($1.82M), France ($328k), and Czechia ($56.5k).

The fastest growing import markets in Vermouth for Portugal between 2022 and 2023 were Germany ($1.81M), Italy ($687k), and France ($267k).

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)$4.3M
IMPORTS (2023)$14.4M
NET TRADE (2023)-$10.1M

In 2023, Portugal exported $4.3M in Vermouth. The main destinations of Portugal exports on Vermouth were Italy ($834k), Angola ($764k), Germany ($653k), Spain ($501k), and France ($292k).

In 2023, Portugal imported $14.4M in Vermouth, mainly from Italy ($9M), Spain ($3.18M), Germany ($1.82M), France ($328k), and Czechia ($56.5k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Vermouth EXPORT MARKETS FOR Portugal WERE (2022 - 2023):
Germany$469k (255%)
Spain$163k (48.4%)
Japan$133k (7.15k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vermouth BY Portugal WERE (2022 - 2023):
Austria-$241k (-84.9%)
Chinese Taipei-$137k (-99.5%)
Indonesia-$60k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Portugal's main exporting competitors in Vermouth were:
Italy $301M
Spain $71.5M
In 2023, Portugal'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 POTENTIALSpain+ $216k
TOP IMPORT POTENTIALSpain+ $140k

Vermouth’s highest export potential is Spain. With an export gap of $216k.   Vermouth’s highest import potential is Spain with an import gap of $140k.

See methodology.

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