2023
Exports
$91.9kWorld Rnk 52 / 117
Flag Rnk 1162 / 1215
2023
PRODUCT COMPLEXITY IN Vermouth
-0.84Rnk 792 / 1025
2023
Imports
$2.96MWorld Rnk 38 / 210
Flag Rnk 993 / 1207
2023
ECONOMIC COMPLEXITY of Turkey
0.62Rnk 41 / 132

About

Exports In 2023, Turkey exported $91.9k in Vermouth, making it the 52nd largest exporter of Vermouth in the world. At the same year, Vermouth was the 1162nd most exported product in Turkey. The main destination of Vermouth exports from Turkey are: Belarus ($74.6k), Nigeria ($15.2k), Cyprus ($1.53k), Oman ($289), and Latvia ($143).

The fastest growing export markets for Vermouth of Turkey between 2022 and 2023 were Belarus ($74.6k), Nigeria ($15.2k), and Cyprus ($1.53k).

Imports In 2023, Turkey imported $2.96M in Vermouth, becoming the 38th largest importer of Vermouth in the world. At the same year, Vermouth was the 993rd most imported product in Turkey. Turkey imports Vermouth primarily from: Italy ($2.11M), Spain ($344k), Argentina ($262k), Germany ($116k), and Netherlands ($46.4k).

The fastest growing import markets in Vermouth for Turkey between 2022 and 2023 were Spain ($311k), Italy ($137k), and Germany ($39k).

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)$91.9k
IMPORTS (2023)$2.96M
NET TRADE (2023)-$2.87M

In 2023, Turkey exported $91.9k in Vermouth. The main destinations of Turkey exports on Vermouth were Belarus ($74.6k), Nigeria ($15.2k), Cyprus ($1.53k), Oman ($289), and Latvia ($143).

In 2023, Turkey imported $2.96M in Vermouth, mainly from Italy ($2.11M), Spain ($344k), Argentina ($262k), Germany ($116k), and Netherlands ($46.4k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Vermouth EXPORT MARKETS FOR Turkey WERE (2022 - 2023):
Belarus$74.6k (1%)
Nigeria$15.2k (1%)
Cyprus$1.53k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vermouth BY Turkey WERE (2022 - 2023):
Burkina Faso-$5.93k (-100%)
Australia-$3.41k (-100%)
United Kingdom-$2.5k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Turkey's main exporting competitors in Vermouth were:
Italy $301M
Spain $71.5M
In 2023, Turkey'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 Kingdom+ $3.39k
TOP IMPORT POTENTIALItaly+ $298k

Vermouth’s highest export potential is United Kingdom. With an export gap of $3.39k.   Vermouth’s highest import potential is Italy with an import gap of $298k.

See methodology.

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