HS Icon Vermouth

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

2205 (Harmonized System 1992 for 4-digit)

Overview This page contains the latest trade data of Vermouth. In 2021, Vermouth were the world's 998th most traded product, with a total trade of $675M. Between 2020 and 2021 the exports of Vermouth grew by 19.2%, from $566M to $675M. Trade in Vermouth represent 0.000032% 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 2021 the top exporters of Vermouth  were Italy ($270M), France ($109M), Spain ($92.9M), Germany ($46.6M), and United States ($33.6M).

Imports In 2021 the top importers of Vermouth were Germany ($116M), United States ($83.4M), France ($45.5M), United Kingdom ($41.3M), and Belgium ($33M).

Tariffs In 2018 the average tariff for Vermouth was 70.8k%, making it the 1st lowest tariff using the HS4 product classification.

Ranking Vermouth ranks 692nd in the Product Complexity Index (PCI).

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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.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2021): Italy, $270M

Top Destination (2021): Germany, $116M

Vermouth are the world's 998th most traded product.

In 2021, the top exporters of Vermouth were Italy ($270M), France ($109M), Spain ($92.9M), Germany ($46.6M), and United States ($33.6M).

In 2021, the top importers of Vermouth were Germany ($116M), United States ($83.4M), France ($45.5M), United Kingdom ($41.3M), and Belgium ($33M).

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Market Dynamics

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Trade by country

Color

Top Origin Growth (2020 -  2021): Italy, $38.3M

Top Destination Growth (2020 -  2021): Germany, $43.2M

Between 2020 and 2021, the exports of Vermouth grew the fastest in Italy ($38.3M), France ($21.6M), Spain ($19.7M), United States ($6.26M), and Jamaica ($5.85M).

Between 2020 and 2021, the fastest growing importers of Vermouth were Germany ($43.2M), United States ($15.4M), Chile ($6.86M), Australia ($6.09M), and Belgium ($5.02M).

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Market Concentration

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Cumulative market share

Value

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

In 2021, market concentration measured using Shannon Entropy, was 3.1. This means that most of the exports of Vermouth are explained by 8 countries.

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TOP NET EXPORTER (2021): Italy, $266M

TOP NET IMPORTER (2021): Germany, $69.5M

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 2021.

In 2021, the countries that had a largest trade value in exports than in imports of Vermouth were Italy ($266M), Spain ($79M), France ($63.6M), Jamaica ($24.5M), and South Africa ($6.02M).

In 2021, the countries that had a largest trade value in imports than in exports of Vermouth were Germany ($69.5M), United States ($49.8M), United Kingdom ($39.3M), Russia ($30.4M), and Belgium ($25.4M).

Disaggregation

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Value

In 2021, the world most traded Vermouth, disaggragated by their HS6 level were Vermouth and other flavoured grape wines... ($628M) and Vermouth and other flavoured grape wines... ($47.1M)

Country Comparison

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Measure
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.

Product Complexity

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Diversification Frontier

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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.

Country by Relatedness

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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.