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Pricing

Vermouth and other wine of fresh grapes, flavoured with plants or aromatic substances

2205 (Harmonized System 1992 for 4-digit)

2022
World Trade $727MRnk 1000 / 1218
2022
Top Exporter | Top Importer $250M | $90.6MItaly | Germany
2022
Product Complexity -0.81Rnk 796 / 1033
2021 - 2022
Export Growth (CAGR) 6.87%Rnk 524 / 1218
2022
Share of World Trade 0.0031%Rnk 1000 / 1218

About

Overview This page contains the latest trade data of Vermouth. In 2022, Vermouth were the world's 1000th most traded product, with a total trade of $727M. Between 2021 and 2022 the exports of Vermouth grew by 6.87%, from $680M to $727M. Trade in Vermouth represent 0.0031% of total world trade.

Vermouth are a part of Beverages, spirits, & vinegar. They include Vermouth and other flavoured grape wines - pack < 2l and Vermouth and other flavoured grape wines - pack > 2l.

Exports In 2022 the top exporters of Vermouth  were Italy ($250M), France ($126M), Spain ($91.1M), Latvia ($52.6M), and Germany ($40.5M).

Imports In 2022 the top importers of Vermouth were Germany ($90.6M), United States ($81.4M), Russia ($58.6M), France ($49.3M), and United Kingdom ($48.2M).

Ranking Vermouth ranks 796th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Vermouth. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

Explore Latest Trends

* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2022)Italy$250M
Top Destination (2022)Germany$90.6M

In 2022 Vermouth were the world's 1000th most traded product (out of 1,218).

In 2022, the top exporters of Vermouth were Italy ($250M), France ($126M), Spain ($91.1M), Latvia ($52.6M), and Germany ($40.5M).

In 2022, the top importers of Vermouth were Germany ($90.6M), United States ($81.4M), Russia ($58.6M), France ($49.3M), and United Kingdom ($48.2M).

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Exporters of Vermouth (2022)
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Importers of Vermouth (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Latvia$45M
Top Destination Growth (2021 -  2022)Russia$27.9M

Between 2021 and 2022, the exports of Vermouth grew the fastest in Latvia ($45M), France ($16.9M), Argentina ($11.1M), United States ($7.02M), and Jamaica ($6.93M).

Between 2021 and 2022, the fastest growing importers of Vermouth were Russia ($27.9M), Latvia ($18.6M), Spain ($17M), United Kingdom ($6.99M), and Portugal ($4.57M).

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Exporters of Vermouth (2021 - 2022)

Importers of Vermouth (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Vermouth.

In 2022, market concentration measured using Shannon Entropy, was 3.25. This means that most of the exports of Vermouth are explained by 9 countries.

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Value of Exports in Vermouth

Net Trade

TOP NET EXPORTER (2022)Italy$245M
TOP NET IMPORTER (2022)Russia$58.5M

This map shows which countries export or import more of Vermouth. Each country is colored based on the difference in exports and imports of Vermouth during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Vermouth were Italy ($245M), France ($77.2M), Spain ($60.1M), Jamaica ($31M), and Latvia ($25.3M).

In 2022, the countries that had a largest trade value in imports than in exports of Vermouth were Russia ($58.5M), Germany ($50M), United Kingdom ($47M), United States ($40.8M), and Poland ($26.8M).

Net Trade (2022)

Disaggregation

Value

In 2022, the world most traded Vermouth, disaggragated by their HS6 level were Vermouth and other flavoured grape wines... ($681M) and Vermouth and other flavoured grape wines... ($45.8M)

HS6 Disaggregation for Vermouth (2022)
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Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Vermouth.
It is possible to select the main countries that export or import Vermouth in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Vermouth by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALBelgium+ $1.63M
TOP IMPORT POTENTIALGermany+ $1.1M

Vermouth’s highest export potential is Belgium. With an export gap of $1.63M.  Vermouth’s highest import potential is Germany with an import gap of $1.1M.

See methodology.

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Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2022)

Country by Relatedness

The following visualization shows the relatedness of Vermouth to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2022)

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