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2022
Exports $40.5MWorld Rnk 6 / 115
Flag Rnk 895 / 1217
2022
Destination $3.35M Poland
2021 - 2022
FASTEST GROWING MARKET $3.35MCayman Islands
2022
PRODUCT COMPLEXITY IN Vermouth-0.6Rnk 729 / 1025
2022
Imports $81.4MWorld Rnk 2 / 212
Flag Rnk 908 / 1216
2022
Origin $2.02M Italy
2021 - 2022
FASTEST GROWING ORIGIN $2.02MItaly
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $40.5M in Vermouth, making it the 6th largest exporter of Vermouth in the world. At the same year, Vermouth was the 895th most exported product in United States. The main destination of Vermouth exports from United States are: Poland ($7.4M), Hong Kong ($4.64M), Cayman Islands ($3.7M), United Kingdom ($2.54M), and Mexico ($2.19M).

The fastest growing export markets for Vermouth of United States between 2021 and 2022 were Cayman Islands ($3.35M), Mexico ($2.1M), and United Kingdom ($2.01M).

Imports In 2022, United States imported $81.4M in Vermouth, becoming the 2nd largest importer of Vermouth in the world. At the same year, Vermouth was the 908th most imported product in United States. United States imports Vermouth primarily from: Italy ($33.8M), Spain ($20.6M), France ($15.3M), Germany ($5.73M), and Argentina ($1.17M).

The fastest growing import markets in Vermouth for United States between 2021 and 2022 were Italy ($2.02M), France ($1.95M), and Argentina ($838k).

COMPANIES In 2023, leading companies such as MISA Imports (266), Fetzer Vineyards (48), and Pernod Ricard (35) were at the forefront of shipping Vermouth to the United States.

Latest Trends

August 2024

About

Overview In August 2024 United States' Vermouth exports accounted up to $1.2M and imports accounted up to $18.5M, resulting in a negative trade balance of $17.3M. Between August 2023 and August 2024 the exports of United States'   Vermouth have increased by $117k (10.8%) from $1.08M to $1.2M, while imports increased by $4.55M (32.6%) from $13.9M to $18.5M.

Destinations In August 2024, Vermouth were exported mostly to Mexico ($331k), Cayman Islands ($156k), United Kingdom ($90.1k), Jamaica ($77.1k), and Australia ($71.2k), and were imported mostly from Italy ($16.5M), France ($1.33M), Spain ($288k), Germany ($135k), and Ireland ($81.2k).

Growth In August 2024, the increase in Vermouth's year-by-year exports was explained primarily by an increase in exports to Bermuda ($208k or 507%), United Kingdom ($190k or 175%), and Cayman Islands ($156k or 105%). In August 2024, the increase in Vermouth's year-by-year imports was explained primarily by an increase in imports from Italy ($2.37M or 32.4%), Spain ($128k or 87.8%), and Australia ($19.4k or 39.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)$117k(10.8%)
IMPORT GROWTH (August 2023 - August 2024)$4.55M(32.6%)
MAIN EXPORTER (August 2024)California$901k
MAIN DESTINATION (August 2024)Mexico$331k

This section shows Vermouth's exports and imports data at subnational level for United States. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Vermouth over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$40.5M
IMPORTS (2022)$81.4M
NET TRADE (2022)-$40.8M

In 2022, United States exported $40.5M in Vermouth. The main destinations of United States exports on Vermouth were Poland ($7.4M), Hong Kong ($4.64M), Cayman Islands ($3.7M), United Kingdom ($2.54M), and Mexico ($2.19M).

In 2022, United States imported $81.4M in Vermouth, mainly from Italy ($33.8M), Spain ($20.6M), France ($15.3M), Germany ($5.73M), and Argentina ($1.17M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Vermouth EXPORT MARKETS FOR United States WERE (2021 - 2022):
Cayman Islands$3.35M (961%)
Mexico$2.1M (2.17k%)
United Kingdom$2.01M (382%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vermouth BY United States WERE (2021 - 2022):
Hong Kong-$2.41M (-34.2%)
Poland-$2.13M (-22.3%)
Thailand-$1.17M (-56.7%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Vermouth were:
Italy $250M
France $126M
Spain $91.1M
In 2022, United States's main importing competitors in Vermouth were:
Germany $90.6M
Russia $58.6M

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Trade Value of Vermouth by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $287k
TOP IMPORT POTENTIALArgentina+ $551k

Vermouth’s highest export potential is France. With an export gap of $287k.   Vermouth’s highest import potential is Argentina with an import gap of $551k.

See methodology.

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