2023
Exports
$16.4kWorld Rnk 74 / 117
Flag Rnk 1133 / 1200
2023
PRODUCT COMPLEXITY IN Vermouth
-0.84Rnk 792 / 1025
2023
Imports
$68.3MWorld Rnk 2 / 210
Flag Rnk 417 / 1186
2023
ECONOMIC COMPLEXITY of Russia
0.3Rnk 50 / 132

About

Exports In 2023, Russia exported $16.4k in Vermouth, making it the 74th largest exporter of Vermouth in the world. At the same year, Vermouth was the 1133rd most exported product in Russia. The main destination of Vermouth exports from Russia are: Kazakhstan ($16.3k), Maldives ($101), and South Africa ($24).

The fastest growing export markets for Vermouth of Russia between 2022 and 2023 were Maldives ($101) and South Africa ($24).

Imports In 2023, Russia imported $68.3M in Vermouth, becoming the 2nd largest importer of Vermouth in the world. At the same year, Vermouth was the 417th most imported product in Russia. Russia imports Vermouth primarily from: Latvia ($66.2M), Italy ($1.04M), Lithuania ($737k), Spain ($106k), and Germany ($101k).

The fastest growing import markets in Vermouth for Russia between 2022 and 2023 were Latvia ($14M), Lithuania ($217k), and Germany ($40.3k).

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)$16.4k
IMPORTS (2023)$68.3M
NET TRADE (2023)-$68.3M

In 2023, Russia exported $16.4k in Vermouth. The main destinations of Russia exports on Vermouth were Kazakhstan ($16.3k), Maldives ($101), and South Africa ($24).

In 2023, Russia imported $68.3M in Vermouth, mainly from Latvia ($66.2M), Italy ($1.04M), Lithuania ($737k), Spain ($106k), and Germany ($101k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Vermouth EXPORT MARKETS FOR Russia WERE (2022 - 2023):
Maldives$101 (1%)
South Africa$24 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vermouth BY Russia WERE (2022 - 2023):
Kazakhstan-$91.7k (-84.9%)
Italy-$56.5k (-100%)
China-$17.8k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Russia's main exporting competitors in Vermouth were:
Italy $301M
Spain $71.5M
In 2023, Russia'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 POTENTIALChina+ $19.4k
TOP IMPORT POTENTIALItaly+ $1.71M

Vermouth’s highest export potential is China. With an export gap of $19.4k.   Vermouth’s highest import potential is Italy with an import gap of $1.71M.

See methodology.

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