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2023
Exports $867kWorld Rnk 25 / 117
Flag Rnk 1121 / 1216
2023
Destination $104k Spain
2022 - 2023
FASTEST GROWING MARKET $104kGermany
2023
PRODUCT COMPLEXITY IN Vermouth-0.84Rnk 792 / 1025
2023
Imports $35.9MWorld Rnk 7 / 210
Flag Rnk 812 / 1214
2023
Origin $2.79M Italy
2022 - 2023
FASTEST GROWING ORIGIN $2.79MIreland
2023
ECONOMIC COMPLEXITY of United Kingdom1.5Rnk 11 / 132

About

Exports In 2023, United Kingdom exported $867k in Vermouth, making it the 25th largest exporter of Vermouth in the world. At the same year, Vermouth was the 1121st most exported product in United Kingdom. The main destination of Vermouth exports from United Kingdom are: Spain ($124k), Germany ($116k), Poland ($91.9k), Bahamas ($51.7k), and Japan ($50.6k).

The fastest growing export markets for Vermouth of United Kingdom between 2022 and 2023 were Germany ($104k), Spain ($56.4k), and Bermuda ($30.6k).

Imports In 2023, United Kingdom imported $35.9M in Vermouth, becoming the 7th largest importer of Vermouth in the world. At the same year, Vermouth was the 812th most imported product in United Kingdom. United Kingdom imports Vermouth primarily from: Italy ($11M), France ($9.5M), Spain ($3.31M), Ireland ($3.13M), and Jamaica ($2.77M).

The fastest growing import markets in Vermouth for United Kingdom between 2022 and 2023 were Ireland ($2.79M), Spain ($1.05M), and Netherlands ($623k).

Latest Trends

November 2024

About

Overview In November 2024 United Kingdom's Vermouth exports accounted up to £16.6k and imports accounted up to £2.55M, resulting in a negative trade balance of £2.53M. Between October 2023 and November 2024 the exports of United Kingdom's   Vermouth have increased by £4.21k (34%) from £12.4k to £16.6k, while imports increased by £412k (19.3%) from £2.13M to £2.55M.

Destinations In November 2024, Vermouth were exported mostly to Netherlands (£6.89k), Singapore (£6.72k), Italy (£1.33k), New Zealand (£968), and Ireland (£671), and were imported mostly from Italy (£785k), France (£697k), Belgium (£445k), Germany (£431k), and Spain (£160k).

Growth In November 2024, the increase in Vermouth's year-by-year exports was explained primarily by an increase in exports to . In November 2024, the increase in Vermouth's year-by-year imports was explained primarily by an increase in imports from Belgium (£109k or 2.54k%), Spain (£79k or 54.3%), and Jamaica (£7.45k or 189%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - November 2024)£4.21k(34%)
IMPORT GROWTH (November 2023 - November 2024)£412k(19.3%)
MAIN EXPORTER (November 2024)Dover Eurotunnel£90.8k
MAIN DESTINATION (November 2024)Netherlands£6.89k

This section shows Vermouth's exports and imports data at subnational level for United Kingdom. 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)$867k
IMPORTS (2023)$35.9M
NET TRADE (2023)-$35M

In 2023, United Kingdom exported $867k in Vermouth. The main destinations of United Kingdom exports on Vermouth were Spain ($124k), Germany ($116k), Poland ($91.9k), Bahamas ($51.7k), and Japan ($50.6k).

In 2023, United Kingdom imported $35.9M in Vermouth, mainly from Italy ($11M), France ($9.5M), Spain ($3.31M), Ireland ($3.13M), and Jamaica ($2.77M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Vermouth EXPORT MARKETS FOR United Kingdom WERE (2022 - 2023):
Germany$104k (873%)
Spain$56.4k (83.9%)
Bermuda$30.6k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vermouth BY United Kingdom WERE (2022 - 2023):
United States-$495k (-92.6%)
Guyana-$176k (-86.6%)
Bahamas-$140k (-73.1%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, United Kingdom's main exporting competitors in Vermouth were:
Italy $301M
France $129M
Spain $71.5M
In 2023, United Kingdom's main importing competitors in Vermouth were:
Germany $102M
Russia $68.3M
United States $66.2M

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Trade Value of Vermouth by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $64.3k
TOP IMPORT POTENTIALSpain+ $644k

Vermouth’s highest export potential is United States. With an export gap of $64.3k.   Vermouth’s highest import potential is Spain with an import gap of $644k.

See methodology.

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