2023
Exports
$7.82MWorld Rnk 10 / 117
Flag Rnk 505 / 1208
2023
PRODUCT COMPLEXITY IN Vermouth
-0.84Rnk 792 / 1025
2023
Imports
$5.61MWorld Rnk 21 / 210
Flag Rnk 874 / 1207
2023
ECONOMIC COMPLEXITY of Australia
-0.28Rnk 75 / 132

About

Exports In 2023, Australia exported $7.82M in Vermouth, making it the 10th largest exporter of Vermouth in the world. At the same year, Vermouth was the 505th most exported product in Australia. The main destination of Vermouth exports from Australia are: Thailand ($4.82M), United States ($975k), Singapore ($694k), New Zealand ($425k), and Samoa ($318k).

The fastest growing export markets for Vermouth of Australia between 2022 and 2023 were Thailand ($1.58M), Samoa ($131k), and Hong Kong ($103k).

Imports In 2023, Australia imported $5.61M in Vermouth, becoming the 21st largest importer of Vermouth in the world. At the same year, Vermouth was the 874th most imported product in Australia. Australia imports Vermouth primarily from: Italy ($2.25M), Ireland ($1.96M), United States ($498k), France ($309k), and Spain ($261k).

The fastest growing import markets in Vermouth for Australia between 2022 and 2023 were Spain ($92.2k), Greece ($4.17k), and Latvia ($3.85k).

Latest Trends

Jan 2025

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Vermouth. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$7.82M
IMPORTS (2023)$5.61M
NET TRADE (2023)$2.21M

In 2023, Australia exported $7.82M in Vermouth. The main destinations of Australia exports on Vermouth were Thailand ($4.82M), United States ($975k), Singapore ($694k), New Zealand ($425k), and Samoa ($318k).

In 2023, Australia imported $5.61M in Vermouth, mainly from Italy ($2.25M), Ireland ($1.96M), United States ($498k), France ($309k), and Spain ($261k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Vermouth EXPORT MARKETS FOR Australia WERE (2022 - 2023):
Thailand$1.58M (48.6%)
Samoa$131k (69.8%)
Hong Kong$103k (761%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vermouth BY Australia WERE (2022 - 2023):
Singapore-$359k (-34.1%)
Japan-$325k (-58%)
New Zealand-$148k (-25.8%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Australia's main exporting competitors in Vermouth were:
Italy $301M
Spain $71.5M
In 2023, Australia's main importing competitors in Vermouth were:

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Trade Value of Vermouth by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $232k
TOP IMPORT POTENTIALFrance+ $172k

Vermouth’s highest export potential is United States. With an export gap of $232k.   Vermouth’s highest import potential is France with an import gap of $172k.

See methodology.

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