2023
Exports
$71.5MWorld Rnk 3 / 117
Flag Rnk 562 / 1215
2023
PRODUCT COMPLEXITY IN Vermouth
-0.84Rnk 792 / 1025
2023
Imports
$46.9MWorld Rnk 5 / 210
Flag Rnk 676 / 1214
2023
ECONOMIC COMPLEXITY of Spain
0.86Rnk 31 / 132

About

Exports In 2023, Spain exported $71.5M in Vermouth, making it the 3rd largest exporter of Vermouth in the world. At the same year, Vermouth was the 562nd most exported product in Spain. The main destination of Vermouth exports from Spain are: France ($12.5M), Germany ($5.8M), Belgium ($5.05M), Japan ($4.32M), and United States ($3.95M).

The fastest growing export markets for Vermouth of Spain between 2022 and 2023 were France ($1.74M), Mexico ($1.64M), and United Kingdom ($1.05M).

Imports In 2023, Spain imported $46.9M in Vermouth, becoming the 5th largest importer of Vermouth in the world. At the same year, Vermouth was the 676th most imported product in Spain. Spain imports Vermouth primarily from: Italy ($42.3M), France ($1.24M), Germany ($1.12M), Georgia ($693k), and Portugal ($501k).

The fastest growing import markets in Vermouth for Spain between 2022 and 2023 were France ($528k), Georgia ($272k), and Portugal ($163k).

COMPANIES In 2023, leading companies such as MISA Imports (266) were at the forefront of shipping Vermouth from Spain to the United States.

Latest Trends

November 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)€805k(15.3%)
IMPORT GROWTH (November 2023 - November 2024)€-1.02M(-19.5%)
MAIN EXPORTER (November 2024)Ciudad Real€3.52M
MAIN DESTINATION (November 2024)United States€1.25M

This section shows Vermouth's exports and imports data at subnational level for Spain. 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 (2023)$71.5M
IMPORTS (2023)$46.9M
NET TRADE (2023)$24.6M

In 2023, Spain exported $71.5M in Vermouth. The main destinations of Spain exports on Vermouth were France ($12.5M), Germany ($5.8M), Belgium ($5.05M), Japan ($4.32M), and United States ($3.95M).

In 2023, Spain imported $46.9M in Vermouth, mainly from Italy ($42.3M), France ($1.24M), Germany ($1.12M), Georgia ($693k), and Portugal ($501k).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Vermouth EXPORT MARKETS FOR Spain WERE (2022 - 2023):
France$1.74M (16.2%)
Mexico$1.64M (186%)
United Kingdom$1.05M (46.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vermouth BY Spain WERE (2022 - 2023):
Colombia-$1.38M (-78.2%)
China-$825k (-61.9%)
Dominican Republic-$754k (-49.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

Explore Visualizations

Trade Value of Vermouth by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $1.21M
TOP IMPORT POTENTIALFrance+ $1.29M

Vermouth’s highest export potential is Germany. With an export gap of $1.21M.   Vermouth’s highest import potential is France with an import gap of $1.29M.

See methodology.

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