2022
Exports
$3.83MWorld Rnk 15 / 115
Flag Rnk 668 / 1208
2022
PRODUCT COMPLEXITY IN Vermouth
-0.6Rnk 729 / 1025
2022
Imports
$8.37MWorld Rnk 17 / 212
Flag Rnk 830 / 1206
2022
ECONOMIC COMPLEXITY of Australia
-0.24Rnk 78 / 133

About

Exports In 2022, Australia exported $3.83M in Vermouth, making it the 15th largest exporter of Vermouth in the world. At the same year, Vermouth was the 668th most exported product in Australia. The main destination of Vermouth exports from Australia are: Thailand ($1.24M), Singapore ($1.18M), New Zealand ($620k), Japan ($355k), and United States ($154k).

The fastest growing export markets for Vermouth of Australia between 2021 and 2022 were Singapore ($1.12M), Thailand ($358k), and Japan ($355k).

Imports In 2022, Australia imported $8.37M in Vermouth, becoming the 17th largest importer of Vermouth in the world. At the same year, Vermouth was the 830th most imported product in Australia. Australia imports Vermouth primarily from: Italy ($3.26M), Ireland ($2.52M), United States ($838k), Spain ($742k), and France ($559k).

The fastest growing import markets in Vermouth for Australia between 2021 and 2022 were Ireland ($874k), United States ($390k), and Italy ($191k).

Latest Trends

Oct 2024

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 (2022)$3.83M
IMPORTS (2022)$8.37M
NET TRADE (2022)-$4.54M

In 2022, Australia exported $3.83M in Vermouth. The main destinations of Australia exports on Vermouth were Thailand ($1.24M), Singapore ($1.18M), New Zealand ($620k), Japan ($355k), and United States ($154k).

In 2022, Australia imported $8.37M in Vermouth, mainly from Italy ($3.26M), Ireland ($2.52M), United States ($838k), Spain ($742k), and France ($559k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Vermouth EXPORT MARKETS FOR Australia WERE (2021 - 2022):
Singapore$1.12M (2.11k%)
Thailand$358k (40.3%)
Japan$355k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vermouth BY Australia WERE (2021 - 2022):
Australia-$3.68M (-99.6%)
United States-$493k (-76.3%)
Hong Kong-$214k (-94.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Australia's main exporting competitors in Vermouth were:
Italy $250M
Spain $91.1M
In 2022, 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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