2022
Exports
$1.37MWorld Rnk 23 / 115
Flag Rnk 260 / 996
2022
PRODUCT COMPLEXITY IN Vermouth
-0.6Rnk 729 / 1025
2022
Imports
$1.33MWorld Rnk 66 / 212
Flag Rnk 584 / 1152
2022
ECONOMIC COMPLEXITY of Georgia
0.036Rnk 64 / 133

About

Exports In 2022, Georgia exported $1.37M in Vermouth, making it the 23rd largest exporter of Vermouth in the world. At the same year, Vermouth was the 260th most exported product in Georgia. The main destination of Vermouth exports from Georgia are: Spain ($400k), Greece ($257k), Armenia ($206k), Singapore ($172k), and Netherlands ($129k).

The fastest growing export markets for Vermouth of Georgia between 2021 and 2022 were Greece ($257k), Singapore ($154k), and Spain ($133k).

Imports In 2022, Georgia imported $1.33M in Vermouth, becoming the 66th largest importer of Vermouth in the world. At the same year, Vermouth was the 584th most imported product in Georgia. Georgia imports Vermouth primarily from: Italy ($1.05M), Latvia ($137k), Belize ($61.9k), Germany ($44.7k), and Cyprus ($11.1k).

The fastest growing import markets in Vermouth for Georgia between 2021 and 2022 were Italy ($74k), Belize ($61.9k), and Germany ($34.2k).

Latest Trends

Aug 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.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$1.37M
IMPORTS (2022)$1.33M
NET TRADE (2022)$46.5k

In 2022, Georgia exported $1.37M in Vermouth. The main destinations of Georgia exports on Vermouth were Spain ($400k), Greece ($257k), Armenia ($206k), Singapore ($172k), and Netherlands ($129k).

In 2022, Georgia imported $1.33M in Vermouth, mainly from Italy ($1.05M), Latvia ($137k), Belize ($61.9k), Germany ($44.7k), and Cyprus ($11.1k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Vermouth EXPORT MARKETS FOR Georgia WERE (2021 - 2022):
Greece$257k (1%)
Singapore$154k (838%)
Spain$133k (49.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vermouth BY Georgia WERE (2021 - 2022):
Netherlands-$335k (-72.2%)
Kyrgyzstan-$71.1k (-57%)
Japan-$55k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

Explore Visualizations

Trade Value of Vermouth by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALAustria+ $5.49k
TOP IMPORT POTENTIALGermany+ $23.4k

Vermouth’s highest export potential is Austria. With an export gap of $5.49k.   Vermouth’s highest import potential is Germany with an import gap of $23.4k.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with