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

220590 (Harmonized System 1992 for 6-digit)

World Trade (2018): $56.4M, Rnk 4354 / 4726

Top Exporter (2018): $14.9M, Spain

Top Importer (2018): $13.9M, United Kingdom

Export Growth (CAGR)(2017 - 2018): 14.6%, Rnk 1958 / 4726

Mean Tariff (2018): 34.2%, Rnk 59 / 6538

Share of World Trade (2018): 0.00031%, Rnk 4354 / 4726

Overview:  This page contains the latest trade data of Vermouth and other flavoured grape wines - pack > 2l. In 2018, Vermouth and other flavoured grape wines - pack > 2l were the world's 4354th most traded product, with a total trade of $56.4M. Between 2017 and 2018 the exports of Vermouth and other flavoured grape wines - pack > 2l grew by 14.6%, from  $49.2M to $56.4M. Trade in Vermouth and other flavoured grape wines - pack > 2l represent 0.00031% of total world trade.

Exports: In 2018 the top exporters of Vermouth and other flavoured grape wines - pack > 2l  were Spain ($14.9M), United States ($13.3M), France ($9.11M), Italy ($7.12M), and Australia ($4.53M).

Imports: In 2018 the top importers of Vermouth and other flavoured grape wines - pack > 2l were United Kingdom ($13.9M), Poland ($5.28M), Germany ($4.07M), United States ($3.46M), and Thailand ($2.79M).

Tariffs: In 2018 the average tariff for Vermouth and other flavoured grape wines - pack > 2l was 34.2%, been the 59 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%).

Exporters and Importers

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Trade By Country

Top Origin (2018): Spain, $14.9M

Top Destination (2018): United Kingdom, $13.9M

Vermouth and other flavoured grape wines - pack > 2l are the world's 4354th most traded product.

In 2018, the top exporters of Vermouth and other flavoured grape wines - pack > 2l were Spain ($14.9M), United States ($13.3M), France ($9.11M), Italy ($7.12M), and Australia ($4.53M).

In 2018, the top importers of Vermouth and other flavoured grape wines - pack > 2l were United Kingdom ($13.9M), Poland ($5.28M), Germany ($4.07M), United States ($3.46M), and Thailand ($2.79M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Australia, $2.52M

Top Destination Growth (2017 - 2018): Poland, $4M

Between 2017 and 2018, the exports of Vermouth and other flavoured grape wines - pack > 2l grew the fastest in Australia ($2.52M), Spain ($2.19M), United States ($2.12M), France ($1.11M), and Germany ($1.1M).

Between 2017 and 2018, the fastest growing importers of Vermouth and other flavoured grape wines - pack > 2l were Poland ($4M), United Kingdom ($2.66M), Thailand ($2.45M), Germany ($1.31M), and United States ($1.15M).

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Market Concentration

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Cumulative market share

This chart shows the evolution of the market concentration of exports of Vermouth and other flavoured grape wines - pack > 2l.

In 2018,  market concentration measured using Shannon Entropy, was 2.97. 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 (2018): Spain, $14.7M

TOP NET IMPORTER (2018): United Kingdom, $13.7M

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 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Vermouth and other flavoured grape wines - pack > 2l were Spain ($14.7M), United States ($9.87M), Italy ($6.75M), France ($6.55M), and Australia ($4.47M).

In 2018, 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 ($13.7M), Poland ($5.15M), Thailand ($2.75M), Belgium-Luxembourg ($2.19M), and Portugal ($2.09M).

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%).

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Product Complexity

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Diversification Frontier

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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.