2022
Exports
$45.6kWorld Rnk 64 / 115
Flag Rnk 932 / 1142
2022
PRODUCT COMPLEXITY IN Vermouth
-0.6Rnk 729 / 1025
2022
Imports
$3.89MWorld Rnk 32 / 212
Flag Rnk 729 / 1183
2022
ECONOMIC COMPLEXITY of Colombia
0.11Rnk 58 / 133

About

Exports In 2022, Colombia exported $45.6k in Vermouth, making it the 64th largest exporter of Vermouth in the world. At the same year, Vermouth was the 932nd most exported product in Colombia. The main destination of Vermouth exports from Colombia are: Venezuela ($44.3k) and Ecuador ($1.29k).

The fastest growing export markets for Vermouth of Colombia between 2021 and 2022 were Venezuela ($44.3k) and Ecuador ($1.29k).

Imports In 2022, Colombia imported $3.89M in Vermouth, becoming the 32nd largest importer of Vermouth in the world. At the same year, Vermouth was the 729th most imported product in Colombia. Colombia imports Vermouth primarily from: France ($2.45M), Spain ($1.02M), Italy ($211k), Argentina ($129k), and United States ($70.7k).

The fastest growing import markets in Vermouth for Colombia between 2021 and 2022 were France ($1.04M), Italy ($147k), and Argentina ($63.8k).

Latest Trends

Sep 2024

Subnational Monthly Trade

View
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)$45.6k
IMPORTS (2022)$3.89M
NET TRADE (2022)-$3.84M

In 2022, Colombia exported $45.6k in Vermouth. The main destinations of Colombia exports on Vermouth were Venezuela ($44.3k) and Ecuador ($1.29k).

In 2022, Colombia imported $3.89M in Vermouth, mainly from France ($2.45M), Spain ($1.02M), Italy ($211k), Argentina ($129k), and United States ($70.7k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Vermouth EXPORT MARKETS FOR Colombia WERE (2021 - 2022):
Venezuela$44.3k (1%)
Ecuador$1.29k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vermouth BY Colombia WERE (2021 - 2022):Costa Rica-$2.12k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Colombia's main exporting competitors in Vermouth were:
Italy $250M
Spain $91.1M
In 2022, Colombia'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 POTENTIALEcuador+ $1.54k
TOP IMPORT POTENTIALItaly+ $184k

Vermouth’s highest export potential is Ecuador. With an export gap of $1.54k.   Vermouth’s highest import potential is Italy with an import gap of $184k.

See methodology.

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