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

220590 (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 4408th most traded product, with a total trade of $35.1M. Between 2019 and 2020 the exports of Vermouth and other flavoured grape wines - pack > 2l decreased by -18.9%, from $43.2M to $35.1M. Trade in Vermouth and other flavoured grape wines - pack > 2l represent 0.00021% 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 Spain ($9.86M), France ($8.14M), United States ($6.12M), Italy ($3.92M), and Bulgaria ($1.8M).

Imports In 2020 the top importers of Vermouth and other flavoured grape wines - pack > 2l were United Kingdom ($9.4M), Poland ($4M), Belgium ($2.68M), Germany ($1.82M), and France ($1.71M).

Tariffs In 2018 the average tariff for Vermouth and other flavoured grape wines - pack > 2l was 60.5k%, making it the 3rd 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 (12.9M%), Nauru (8.92M%), Cayman Islands (8.84M%), Solomon Islands (8.12M%), and Bermuda (6.82M%). The countries with the lowest tariffs are Liberia (0%), United Arab Emirates (0%), Hong Kong (0%), Kuwait (0%), and Laos (0%).

Ranking Vermouth and other flavoured grape wines - pack > 2l ranks 3819th 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): Spain, $9.86M

Top Destination (2020): United Kingdom, $9.4M

Vermouth and other flavoured grape wines - pack > 2l are the world's 4408th most traded product.

In 2020, the top exporters of Vermouth and other flavoured grape wines - pack > 2l were Spain ($9.86M), France ($8.14M), United States ($6.12M), Italy ($3.92M), and Bulgaria ($1.8M).

In 2020, the top importers of Vermouth and other flavoured grape wines - pack > 2l were United Kingdom ($9.4M), Poland ($4M), Belgium ($2.68M), Germany ($1.82M), and France ($1.71M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2019 -  2020): Hungary, $209k

Top Destination Growth (2019 - 2020): Czechia, $321k

Between 2019 and 2020, the exports of Vermouth and other flavoured grape wines - pack > 2l grew the fastest in Hungary ($209k), Togo ($143k), Moldova ($136k), Chile ($100k), and Canada ($58.3k).

Between 2019 and 2020, the fastest growing importers of Vermouth and other flavoured grape wines - pack > 2l were Czechia ($321k), Mexico ($293k), Hong Kong ($214k), Thailand ($174k), and New Zealand ($104k).

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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 2.99. 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): Spain, $9.68M

TOP NET IMPORTER (2020): United Kingdom, $9.3M

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 Spain ($9.68M), France ($6.42M), United States ($4.57M), Italy ($3.72M), and Bulgaria ($1.66M).

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 Kingdom ($9.3M), Poland ($3.95M), Belgium ($2.64M), Czechia ($1.39M), and Finland ($945k).

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... ($35.1M)

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 60.5k%. The countries with the highest tariffs for importing Vermouth and other flavoured grape wines - pack > 2l were Cook Islands (12.9M%), Nauru (8.92M%), Cayman Islands (8.84M%), Solomon Islands (8.12M%), and Bermuda (6.82M%).

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.