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Exports In 2023, Iceland exported $886 in Vermouth, making it the 98th largest exporter of Vermouth in the world. At the same year, Vermouth was the 784th most exported product in Iceland. The main destination of Vermouth exports from Iceland are: Senegal ($886).

The fastest growing export markets for Vermouth of Iceland between 2022 and 2023 were Senegal ($485).

Imports In 2023, Iceland imported $331k in Vermouth, becoming the 110th largest importer of Vermouth in the world. At the same year, Vermouth was the 711th most imported product in Iceland. Iceland imports Vermouth primarily from: Chile ($123k), Italy ($114k), Spain ($24.5k), Netherlands ($23.4k), and Germany ($11.2k).

The fastest growing import markets in Vermouth for Iceland between 2022 and 2023 were Chile ($41.5k), Italy ($23.9k), and United Kingdom ($10.3k).

Latest Trends

Jan 2025

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)$886
IMPORTS (2023)$331k
NET TRADE (2023)-$330k

In 2023, Iceland exported $886 in Vermouth. The main destinations of Iceland exports on Vermouth were Senegal ($886).

In 2023, Iceland imported $331k in Vermouth, mainly from Chile ($123k), Italy ($114k), Spain ($24.5k), Netherlands ($23.4k), and Germany ($11.2k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Vermouth EXPORT MARKETS FOR Iceland WERE (2022 - 2023):Senegal$485 (121%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vermouth BY Iceland WERE (2022 - 2023):Israel-$15k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Vermouth by Exporters

Potential Exports

Potential Exports

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N/A
N/AN/A
N/AN/A

Vermouth’s highest export potential is N/A. With an export gap of N/A.   Vermouth’s highest import potential is N/A with an import gap of N/A.

See methodology.

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