2022
Exports
$91.1MWorld Rnk 3 / 115
Flag Rnk 500 / 1214
2022
PRODUCT COMPLEXITY IN Vermouth
-0.6Rnk 729 / 1025
2022
Imports
$31MWorld Rnk 6 / 212
Flag Rnk 770 / 1214
2022
ECONOMIC COMPLEXITY of Spain
0.81Rnk 33 / 133

About

Exports In 2022, Spain exported $91.1M in Vermouth, making it the 3rd largest exporter of Vermouth in the world. At the same year, Vermouth was the 500th most exported product in Spain. The main destination of Vermouth exports from Spain are: United States ($20.6M), France ($10.5M), Japan ($6.21M), Germany ($4.55M), and Belgium ($4.32M).

The fastest growing export markets for Vermouth of Spain between 2021 and 2022 were France ($2.74M), Germany ($1.65M), and Dominican Republic ($721k).

Imports In 2022, Spain imported $31M in Vermouth, becoming the 6th largest importer of Vermouth in the world. At the same year, Vermouth was the 770th most imported product in Spain. Spain imports Vermouth primarily from: Italy ($28M), France ($980k), Germany ($507k), Georgia ($400k), and Portugal ($305k).

The fastest growing import markets in Vermouth for Spain between 2021 and 2022 were Italy ($18.9M), France ($595k), and Georgia ($133k).

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

August 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)€-79.8k(-1.08%)
IMPORT GROWTH (August 2023 - August 2024)€981k(39.5%)
MAIN EXPORTER (August 2024)Ciudad Real€3.52M
MAIN DESTINATION (August 2024)United States€1.29M

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 (2022)$91.1M
IMPORTS (2022)$31M
NET TRADE (2022)$60.1M

In 2022, Spain exported $91.1M in Vermouth. The main destinations of Spain exports on Vermouth were United States ($20.6M), France ($10.5M), Japan ($6.21M), Germany ($4.55M), and Belgium ($4.32M).

In 2022, Spain imported $31M in Vermouth, mainly from Italy ($28M), France ($980k), Germany ($507k), Georgia ($400k), and Portugal ($305k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Vermouth EXPORT MARKETS FOR Spain WERE (2021 - 2022):
France$2.74M (35.2%)
Germany$1.65M (57%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vermouth BY Spain WERE (2021 - 2022):
Chile-$2.38M (-54.1%)
United States-$1.79M (-8.01%)
China-$1.1M (-44.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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