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2022
Exports $672kWorld Rnk 31 / 115
Flag Rnk 1069 / 1210
2022
Destination $16.8k Poland
2021 - 2022
FASTEST GROWING MARKET $16.8kCameroon
2022
PRODUCT COMPLEXITY IN Vermouth-0.6Rnk 729 / 1025
2022
Imports $9.78MWorld Rnk 16 / 212
Flag Rnk 963 / 1213
2022
Origin $999k Italy
2021 - 2022
FASTEST GROWING ORIGIN $999kItaly
2022
ECONOMIC COMPLEXITY of Canada0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $672k in Vermouth, making it the 31st largest exporter of Vermouth in the world. At the same year, Vermouth was the 1069th most exported product in Canada. The main destination of Vermouth exports from Canada are: Poland ($641k), Cameroon ($16.8k), Japan ($5.04k), Bahamas ($4.26k), and Sweden ($1.4k).

The fastest growing export markets for Vermouth of Canada between 2021 and 2022 were Cameroon ($16.8k), Japan ($5.04k), and Bahamas ($4.26k).

Imports In 2022, Canada imported $9.78M in Vermouth, becoming the 16th largest importer of Vermouth in the world. At the same year, Vermouth was the 963rd most imported product in Canada. Canada imports Vermouth primarily from: Italy ($4.34M), France ($2.56M), Spain ($1.96M), Czechia ($314k), and Chile ($212k).

The fastest growing import markets in Vermouth for Canada between 2021 and 2022 were Italy ($999k), Netherlands ($22.5k), and Portugal ($13.1k).

Latest Trends

June 2024

About

Overview In June 2024 Canada's Vermouth exports accounted up to C$14.4k and imports accounted up to C$1.18M, resulting in a negative trade balance of C$1.17M. Between March 2021 and June 2024 the exports of Canada's   Vermouth have decreased by C$-111k (-88.6%) from C$126k to C$14.4k, while imports decreased by C$-569k (-32.5%) from C$1.75M to C$1.18M.

Destinations In June 2024, Vermouth were exported mostly to , and were imported mostly from Italy (C$857k), France (C$231k), Spain (C$54.8k), United States (C$27.4k), and Netherlands (C$9.28k).

Growth In June 2024, the decrease in Vermouth's year-by-year exports was explained primarily by a decrease in exports to . In August 2024, the decrease in Vermouth's year-by-year imports was explained primarily by a decrease in imports from United States (C$-6.74k or -81.8%), Greece (C$-6.24k or -83%), and Italy (C$-5.48k or -0.57%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2021 - June 2024)C$-111k(-88.6%)
IMPORT GROWTH (August 2023 - August 2024)C$-569k(-32.5%)
MAIN EXPORTER (June 2024)Nova ScotiaC$14.4k
MAIN DESTINATION (June 2024)

This section shows Vermouth's exports and imports data at subnational level for Canada. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Vermouth over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$672k
IMPORTS (2022)$9.78M
NET TRADE (2022)-$9.11M

In 2022, Canada exported $672k in Vermouth. The main destinations of Canada exports on Vermouth were Poland ($641k), Cameroon ($16.8k), Japan ($5.04k), Bahamas ($4.26k), and Sweden ($1.4k).

In 2022, Canada imported $9.78M in Vermouth, mainly from Italy ($4.34M), France ($2.56M), Spain ($1.96M), Czechia ($314k), and Chile ($212k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Vermouth EXPORT MARKETS FOR Canada WERE (2021 - 2022):
Cameroon$16.8k (1%)
Japan$5.04k (1%)
Bahamas$4.26k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vermouth BY Canada WERE (2021 - 2022):
Poland-$114k (-15.1%)
Hong Kong-$100k (-100%)
France-$14.3k (-93.3%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Canada's main exporting competitors in Vermouth were:
Italy $250M
France $126M
Spain $91.1M
In 2022, Canada's main importing competitors in Vermouth were:
Germany $90.6M
United States $81.4M
Russia $58.6M

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Trade Value of Vermouth by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALJapan+ $9.07k
TOP IMPORT POTENTIALUnited States+ $240k

Vermouth’s highest export potential is Japan. With an export gap of $9.07k.   Vermouth’s highest import potential is United States with an import gap of $240k.

See methodology.

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