Vermouth2205 (Harmonized System 1992 for 4-digit)
2020 World Trade: $562M, Rnk 996 / 1217
2020 Top Exporter | Top Importer: $229M | $70.8M, Italy | Germany
2020 Product Complexity: -0.43, Rnk 676 / 1028
2019 - 2020 Export Growth (CAGR): 1.58%, Rnk 284 / 1217
2018 Mean Tariff: 70.8k%, Rnk 1 / 1259
2020 Share of World Trade: 0.0034%, Rnk 996 / 1217
Overview This page contains the latest trade data of Vermouth. In 2020, Vermouth were the world's 996th most traded product, with a total trade of $562M. Between 2019 and 2020 the exports of Vermouth grew by 1.58%, from $553M to $562M. Trade in Vermouth represent 0.0034% 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 2020 the top exporters of Vermouth were Italy ($229M), France ($87.5M), Spain ($73.4M), Germany ($47.5M), and United States ($27.4M).
Imports In 2020 the top importers of Vermouth were Germany ($70.8M), United States ($67.5M), United Kingdom ($44.9M), France ($40.7M), and Belgium ($27.8M).
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 676th in the Product Complexity Index (PCI).
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.
Trade By Country
Vermouth are the world's 996th most traded product.
In 2020, the top exporters of Vermouth were Italy ($229M), France ($87.5M), Spain ($73.4M), Germany ($47.5M), and United States ($27.4M).
In 2020, the top importers of Vermouth were Germany ($70.8M), United States ($67.5M), United Kingdom ($44.9M), France ($40.7M), and Belgium ($27.8M).
Trade by country
Top Origin Growth (2019 - 2020): France, $14.5M
Top Destination Growth (2019 - 2020): Germany, $20.6M
Between 2019 and 2020, the exports of Vermouth grew the fastest in France ($14.5M), Ireland ($2.53M), Bulgaria ($2M), Switzerland ($1.23M), and Argentina ($1.19M).
Between 2019 and 2020, the fastest growing importers of Vermouth were Germany ($20.6M), United Kingdom ($8.3M), Italy ($2.68M), Austria ($2.68M), and Romania ($2.6M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Vermouth.
In 2020, market concentration measured using Shannon Entropy, was 3.06. This means that most of the exports of Vermouth are explained by 8 countries.
TOP NET EXPORTER (2020): Italy, $221M
TOP NET IMPORTER (2020): United Kingdom, $43.8M
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 2020.
In 2020, the countries that had a largest trade value in exports than in imports of Vermouth were Italy ($221M), Spain ($47.8M), France ($46.8M), Jamaica ($19M), and Finland ($3.9M).
In 2020, the countries that had a largest trade value in imports than in exports of Vermouth were United Kingdom ($43.8M), United States ($40.1M), Russia ($27.3M), Poland ($25.9M), and Belgium ($24.3M).
In 2020, the world most traded Vermouth, disaggragated by their HS6 level were Vermouth and other flavoured grape wines... ($527M) and Vermouth and other flavoured grape wines... ($35.1M)
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.
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.
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