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 2019, Vermouth and other flavoured grape wines - pack > 2l were the world's 4399th most traded product, with a total trade of $43.8M. Between 2018 and 2019 the exports of Vermouth and other flavoured grape wines - pack > 2l decreased by -22.6%, from $56.7M to $43.8M. Trade in Vermouth and other flavoured grape wines - pack > 2l represent 0.00024% of total world trade.

Exports In 2019 the top exporters of Vermouth and other flavoured grape wines - pack > 2l  were Spain ($10.5M), France ($8.71M), United States ($8.51M), Italy ($6.77M), and Germany ($2.09M).

Imports In 2019 the top importers of Vermouth and other flavoured grape wines - pack > 2l were United Kingdom ($10.8M), Poland ($5.59M), Germany ($3.21M), Portugal ($2.41M), and Belgium ($2.25M).

Tariffs In 2018 the average tariff for Vermouth and other flavoured grape wines - pack > 2l was 34.2%, making it the 59th lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Vermouth and other flavoured grape wines - pack > 2l are Egypt (2.63k%), Trinidad and Tobago (304%), Cyprus (247%), Jordan (196%), and India (150%). 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 3916th in the Product Complexity Index (PCI).

Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2019): Spain, $10.5M

Top Destination (2019): United Kingdom, $10.8M

Vermouth and other flavoured grape wines - pack > 2l are the world's 4399th most traded product.

In 2019, the top exporters of Vermouth and other flavoured grape wines - pack > 2l were Spain ($10.5M), France ($8.71M), United States ($8.51M), Italy ($6.77M), and Germany ($2.09M).

In 2019, the top importers of Vermouth and other flavoured grape wines - pack > 2l were United Kingdom ($10.8M), Poland ($5.59M), Germany ($3.21M), Portugal ($2.41M), and Belgium ($2.25M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): Bulgaria, $1.1M

Top Destination Growth (2018 - 2019): Guatemala, $295k

Between 2018 and 2019, the exports of Vermouth and other flavoured grape wines - pack > 2l grew the fastest in Bulgaria ($1.1M), Brazil ($272k), Jamaica ($130k), Burkina Faso ($72.8k), and Hong Kong ($56.5k).

Between 2018 and 2019, the fastest growing importers of Vermouth and other flavoured grape wines - pack > 2l were Guatemala ($295k), Poland ($271k), Lithuania ($185k), Macau ($183k), and Australia ($148k).

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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 2019,  market concentration measured using Shannon Entropy, was 3.06. This means that most of the exports of Vermouth and other flavoured grape wines - pack > 2l are explained by 8 countries.

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TOP NET EXPORTER (2019): Spain, $10.4M

TOP NET IMPORTER (2019): United Kingdom, $10.7M

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 2019.

In 2019, the countries that had a largest trade value in exports than in imports of Vermouth and other flavoured grape wines - pack > 2l were Spain ($10.4M), France ($6.89M), Italy ($6.64M), United States ($6.31M), and Australia ($1.85M).

In 2019, 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 ($10.7M), Poland ($5.57M), Portugal ($2.23M), Belgium ($2.14M), and Switzerland ($1.27M).

Import Tariffs

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In 2018, the average tariff for importing Vermouth and other flavoured grape wines - pack > 2l was 34.2%. The countries with the highest tariffs for importing Vermouth and other flavoured grape wines - pack > 2l were Egypt (2.63k%), Trinidad and Tobago (304%), Cyprus (247%), Jordan (196%), and India (150%).

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.