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Exports In 2022, Cyprus exported $58.7k in Vermouth, making it the 59th largest exporter of Vermouth in the world. At the same year, Vermouth was the 611th most exported product in Cyprus. The main destination of Vermouth exports from Cyprus are: Greece ($16.9k), Germany ($13.9k), Georgia ($11.1k), Bulgaria ($7.38k), and Italy ($3.48k).

The fastest growing export markets for Vermouth of Cyprus between 2021 and 2022 were Georgia ($11.1k), Germany ($7.57k), and Bulgaria ($7.38k).

Imports In 2022, Cyprus imported $653k in Vermouth, becoming the 91st largest importer of Vermouth in the world. At the same year, Vermouth was the 684th most imported product in Cyprus. Cyprus imports Vermouth primarily from: Italy ($384k), Spain ($72.1k), Germany ($67.3k), France ($66.7k), and Greece ($23.3k).

The fastest growing import markets in Vermouth for Cyprus between 2021 and 2022 were France ($30.2k), Greece ($18.2k), and Czechia ($3.01k).

Latest Trends

Aug 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)$58.7k
IMPORTS (2022)$653k
NET TRADE (2022)-$594k

In 2022, Cyprus exported $58.7k in Vermouth. The main destinations of Cyprus exports on Vermouth were Greece ($16.9k), Germany ($13.9k), Georgia ($11.1k), Bulgaria ($7.38k), and Italy ($3.48k).

In 2022, Cyprus imported $653k in Vermouth, mainly from Italy ($384k), Spain ($72.1k), Germany ($67.3k), France ($66.7k), and Greece ($23.3k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Vermouth EXPORT MARKETS FOR Cyprus WERE (2021 - 2022):
Georgia$11.1k (1%)
Germany$7.57k (120%)
Bulgaria$7.38k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vermouth BY Cyprus WERE (2021 - 2022):
Latvia-$13k (-95.4%)
Lebanon-$5.16k (-73.4%)
Australia-$1.67k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Vermouth by Exporters

Potential Exports

Potential Exports

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N/A
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Vermouth’s highest export potential is N/A. With an export gap of N/A.   Vermouth’s highest import potential is N/A with an import gap of N/A.

See methodology.

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