2023
Exports
$5.82MWorld Rnk 14 / 117
Flag Rnk 459 / 1207
2023
PRODUCT COMPLEXITY IN Vermouth
-0.84Rnk 792 / 1025
2023
Imports
$3.5MWorld Rnk 34 / 210
Flag Rnk 802 / 1213
2023
ECONOMIC COMPLEXITY of Ireland
1.31Rnk 17 / 132

About

Exports In 2023, Ireland exported $5.82M in Vermouth, making it the 14th largest exporter of Vermouth in the world. At the same year, Vermouth was the 459th most exported product in Ireland. The main destination of Vermouth exports from Ireland are: United Kingdom ($3.13M), Australia ($1.96M), United States ($463k), Canada ($139k), and Sweden ($88.5k).

The fastest growing export markets for Vermouth of Ireland between 2022 and 2023 were United Kingdom ($2.79M), Sweden ($88.5k), and Canada ($32.2k).

Imports In 2023, Ireland imported $3.5M in Vermouth, becoming the 34th largest importer of Vermouth in the world. At the same year, Vermouth was the 802nd most imported product in Ireland. Ireland imports Vermouth primarily from: Italy ($1.2M), Argentina ($824k), Netherlands ($758k), Germany ($423k), and Czechia ($144k).

The fastest growing import markets in Vermouth for Ireland between 2022 and 2023 were Netherlands ($515k), Italy ($364k), and Germany ($183k).

Latest Trends

Dec 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 (2023)$5.82M
IMPORTS (2023)$3.5M
NET TRADE (2023)$2.32M

In 2023, Ireland exported $5.82M in Vermouth. The main destinations of Ireland exports on Vermouth were United Kingdom ($3.13M), Australia ($1.96M), United States ($463k), Canada ($139k), and Sweden ($88.5k).

In 2023, Ireland imported $3.5M in Vermouth, mainly from Italy ($1.2M), Argentina ($824k), Netherlands ($758k), Germany ($423k), and Czechia ($144k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Vermouth EXPORT MARKETS FOR Ireland WERE (2022 - 2023):
United Kingdom$2.79M (821%)
Sweden$88.5k (1%)
Canada$32.2k (30.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vermouth BY Ireland WERE (2022 - 2023):
Australia-$568k (-22.5%)
Greece-$34.5k (-100%)
United States-$32.2k (-6.51%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Ireland's main exporting competitors in Vermouth were:
Italy $301M
Spain $71.5M
In 2023, Ireland's main importing competitors in Vermouth were:

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Trade Value of Vermouth by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $171k
TOP IMPORT POTENTIALItaly+ $136k

Vermouth’s highest export potential is United States. With an export gap of $171k.   Vermouth’s highest import potential is Italy with an import gap of $136k.

See methodology.

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