HS Icon Vermouth and other flavoured grape wines - pack < 2l

220510 (Harmonized System 1992 for 6-digit)

Overview This page contains the latest trade data of Vermouth and other flavoured grape wines - pack < 2l. In 2020, Vermouth and other flavoured grape wines - pack < 2l were the world's 2601st most traded product, with a total trade of $527M. Between 2019 and 2020 the exports of Vermouth and other flavoured grape wines - pack < 2l grew by 3.31%, from $510M to $527M. Trade in Vermouth and other flavoured grape wines - pack < 2l represent 0.0031% of total world trade.

Vermouth and other flavoured grape wines - pack < 2l are a part of Vermouth.

Exports In 2020 the top exporters of Vermouth and other flavoured grape wines - pack < 2l  were Italy ($225M), France ($79.4M), Spain ($63.5M), Germany ($46.3M), and United States ($21.3M).

Imports In 2020 the top importers of Vermouth and other flavoured grape wines - pack < 2l were Germany ($69M), United States ($65.9M), France ($38.9M), United Kingdom ($35.5M), and Russia ($27.5M).

Tariffs In 2018 the average tariff for Vermouth and other flavoured grape wines - pack < 2l was 81k%, making it the 1st lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Vermouth and other flavoured grape wines - pack < 2l are Cook Islands (17.4M%), Palau (12.8M%), Solomon Islands (12.1M%), Nauru (12M%), and Cayman Islands (11.9M%). The countries with the lowest tariffs are Liberia (0%), United Arab Emirates (0%), Hong Kong (0%), Japan (0%), and Kuwait (0%).

Ranking Vermouth and other flavoured grape wines - pack < 2l ranks 3240th in the Product Complexity Index (PCI).

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The following visualization shows the latest trends on Vermouth and other flavoured grape wines - pack < 2l. 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 (2020): Italy, $225M

Top Destination (2020): Germany, $69M

Vermouth and other flavoured grape wines - pack < 2l are the world's 2601st most traded product.

In 2020, the top exporters of Vermouth and other flavoured grape wines - pack < 2l were Italy ($225M), France ($79.4M), Spain ($63.5M), Germany ($46.3M), and United States ($21.3M).

In 2020, the top importers of Vermouth and other flavoured grape wines - pack < 2l were Germany ($69M), United States ($65.9M), France ($38.9M), United Kingdom ($35.5M), and Russia ($27.5M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2019 -  2020): France, $15.2M

Top Destination Growth (2019 - 2020): Germany, $22M

Between 2019 and 2020, the exports of Vermouth and other flavoured grape wines - pack < 2l grew the fastest in France ($15.2M), Ireland ($2.49M), Bulgaria ($1.98M), Jamaica ($1.27M), and Switzerland ($1.22M).

Between 2019 and 2020, the fastest growing importers of Vermouth and other flavoured grape wines - pack < 2l were Germany ($22M), United Kingdom ($9.67M), Austria ($2.66M), Romania ($2.63M), and Italy ($2.61M).

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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 and other flavoured grape wines - pack < 2l.

In 2020,  market concentration measured using Shannon Entropy, was 3. This means that most of the exports of Vermouth and other flavoured grape wines - pack < 2l are explained by 7 countries.

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TOP NET EXPORTER (2020): Italy, $218M

TOP NET IMPORTER (2020): United States, $44.6M

This map shows which countries export or import more of Vermouth and other flavoured grape wines - pack < 2l. Each country is colored based on the difference in exports and imports of Vermouth and other flavoured grape wines - pack < 2l during 2020.

In 2020, the countries that had a largest trade value in exports than in imports of Vermouth and other flavoured grape wines - pack < 2l were Italy ($218M), France ($40.4M), Spain ($38.2M), Jamaica ($19.1M), and Finland ($4.84M).

In 2020, the countries that had a largest trade value in imports than in exports of Vermouth and other flavoured grape wines - pack < 2l were United States ($44.6M), United Kingdom ($34.5M), Russia ($27.2M), Germany ($22.7M), and Poland ($22M).

Disaggregation

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Value

In 2019, the world most traded Vermouth and other flavoured grape wines..., disaggragated by their HS6 level were Vermouth and other flavoured grape wines... ($527M)

Country Comparison

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This visualization shows the countries that have an important ratio of their trade related to Vermouth and other flavoured grape wines - pack < 2l.
It is possible to select the main countries that export or import Vermouth and other flavoured grape wines - pack < 2l in the world, or by continent, as well as select the measure of interest.

Import Tariffs

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In 2018, the average tariff for importing Vermouth and other flavoured grape wines - pack < 2l was 81k%. The countries with the highest tariffs for importing Vermouth and other flavoured grape wines - pack < 2l were Cook Islands (17.4M%), Palau (12.8M%), Solomon Islands (12.1M%), Nauru (12M%), and Cayman Islands (11.9M%).

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.