HS Icon Vermouth

2205 (Harmonized System 1992 for 4-digit)

Overview This page contains the latest trade data of Vermouth. In 2019, Vermouth were the world's 1009th most traded product, with a total trade of $559M. Between 2018 and 2019 the exports of Vermouth grew by 0.33%, from $557M to $559M. Trade in Vermouth represent 0.0031% of total world trade.

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

Exports In 2019 the top exporters of Vermouth  were Italy ($234M), France ($73.3M), Spain ($71.3M), Germany ($47.9M), and United States ($33.4M).

Imports In 2019 the top importers of Vermouth were United States ($68.8M), Germany ($50.3M), France ($40.3M), United Kingdom ($36.6M), and Poland ($35M).

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

The countries with the highest import tariffs for Vermouth are Cook Islands (15.1M%), Nauru (10.5M%), Cayman Islands (10.4M%), Solomon Islands (10.1M%), and Bermuda (7.8M%). The countries with the lowest tariffs are Liberia (0%), United Arab Emirates (0%), Hong Kong (0%), Kuwait (0%), and Laos (0%).

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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.

* 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 (2019): Italy, $234M

Top Destination (2019): United States, $68.8M

Vermouth are the world's 1009th most traded product.

In 2019, the top exporters of Vermouth were Italy ($234M), France ($73.3M), Spain ($71.3M), Germany ($47.9M), and United States ($33.4M).

In 2019, the top importers of Vermouth were United States ($68.8M), Germany ($50.3M), France ($40.3M), United Kingdom ($36.6M), and Poland ($35M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): Italy, $12.6M

Top Destination Growth (2018 - 2019): United States, $10.7M

Between 2018 and 2019, the exports of Vermouth grew the fastest in Italy ($12.6M), France ($9.86M), Jamaica ($5.76M), Latvia ($4.87M), and United Kingdom ($1.43M).

Between 2018 and 2019, the fastest growing importers of Vermouth were United States ($10.7M), Russia ($5.08M), Ukraine ($3.08M), Hong Kong ($2.61M), and Spain ($2.59M).

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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 2019,  market concentration measured using Shannon Entropy, was 3.05. This means that most of the exports of Vermouth are explained by 8 countries.

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TOP NET EXPORTER (2019): Italy, $229M

TOP NET IMPORTER (2019): United States, $35.4M

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 2019.

In 2019, the countries that had a largest trade value in exports than in imports of Vermouth were Italy ($229M), Spain ($39.3M), France ($33M), Jamaica ($18.1M), and Chile ($3.53M).

In 2019, the countries that had a largest trade value in imports than in exports of Vermouth were United States ($35.4M), Poland ($34.5M), United Kingdom ($33.6M), Russia ($25.8M), and Belgium ($15.9M).

Disaggregation

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Value

In 2019, the world most traded Vermouth, disaggragated by their HS6 level were Vermouth and other flavoured grape wines... ($515M)and Vermouth and other flavoured grape wines... ($43.8M)

Country Comparison

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Flow
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.

Import Tariffs

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In 2018, the average tariff for importing Vermouth was 70.8k%. The countries with the highest tariffs for importing Vermouth were Cook Islands (15.1M%), Nauru (10.5M%), Cayman Islands (10.4M%), Solomon Islands (10.1M%), and Bermuda (7.8M%).

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.