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2022
Exports $807kWorld Rnk 29 / 115
Flag Rnk 1047 / 1213
2022
Destination $31.1k United States
2021 - 2022
FASTEST GROWING MARKET $31.1kChinese Taipei
2022
PRODUCT COMPLEXITY IN Vermouth-0.6Rnk 729 / 1025
2022
Imports $10.4MWorld Rnk 15 / 212
Flag Rnk 975 / 1214
2022
Origin $522k Spain
2021 - 2022
FASTEST GROWING ORIGIN $522kUnited States
2022
ECONOMIC COMPLEXITY of Japan2.07Rnk 1 / 133

About

Exports In 2022, Japan exported $807k in Vermouth, making it the 29th largest exporter of Vermouth in the world. At the same year, Vermouth was the 1047th most exported product in Japan. The main destination of Vermouth exports from Japan are: United States ($348k), Hong Kong ($170k), Poland ($168k), Chinese Taipei ($32.9k), and Luxembourg ($29.5k).

The fastest growing export markets for Vermouth of Japan between 2021 and 2022 were Chinese Taipei ($31.1k), Macau ($5.49k), and Thailand ($4.67k).

Imports In 2022, Japan imported $10.4M in Vermouth, becoming the 15th largest importer of Vermouth in the world. At the same year, Vermouth was the 975th most imported product in Japan. Japan imports Vermouth primarily from: Spain ($6.21M), Germany ($989k), United States ($770k), France ($769k), and Italy ($707k).

The fastest growing import markets in Vermouth for Japan between 2021 and 2022 were United States ($522k), Australia ($355k), and Singapore ($292k).

Latest Trends

July 2024

About

Overview In July 2024 Japan's Vermouth exports accounted up to ¥478k and imports accounted up to ¥100M, resulting in a negative trade balance of ¥99.6M. Between November 2022 and July 2024 the exports of Japan's   Vermouth have decreased by ¥-54k (-10.2%) from ¥532k to ¥478k, while imports increased by ¥6.45M (6.9%) from ¥93.6M to ¥100M.

Destinations In July 2024, Vermouth were exported mostly to , and were imported mostly from Germany (¥42.8M), Spain (¥25.4M), Italy (¥19M), France (¥11.7M), and Australia (¥822k).

Growth In July 2024, the decrease in Vermouth's year-by-year exports was explained primarily by a decrease in exports to . In August 2024, the increase in Vermouth's year-by-year imports was explained primarily by an increase in imports from Spain (¥44.7M or 113%) and China (¥254k or 9.44%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2022 - July 2024)¥-54k(-10.2%)
IMPORT GROWTH (August 2023 - August 2024)¥6.45M(6.9%)
MAIN EXPORTER (July 2024)Osaka¥6.78M
MAIN DESTINATION (July 2024)

This section shows Vermouth's exports and imports data at subnational level for Japan. 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)$807k
IMPORTS (2022)$10.4M
NET TRADE (2022)-$9.56M

In 2022, Japan exported $807k in Vermouth. The main destinations of Japan exports on Vermouth were United States ($348k), Hong Kong ($170k), Poland ($168k), Chinese Taipei ($32.9k), and Luxembourg ($29.5k).

In 2022, Japan imported $10.4M in Vermouth, mainly from Spain ($6.21M), Germany ($989k), United States ($770k), France ($769k), and Italy ($707k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Vermouth EXPORT MARKETS FOR Japan WERE (2021 - 2022):
Chinese Taipei$31.1k (1.7k%)
Macau$5.49k (1%)
Thailand$4.67k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vermouth BY Japan WERE (2021 - 2022):
United States-$135k (-27.9%)
Hong Kong-$19.2k (-10.1%)
United Kingdom-$15k (-70.5%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Japan's main exporting competitors in Vermouth were:
Italy $250M
France $126M
Spain $91.1M
In 2022, Japan's main importing competitors in Vermouth were:
Germany $90.6M
United States $81.4M
Russia $58.6M

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Trade Value of Vermouth by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $85.6k
TOP IMPORT POTENTIALItaly+ $485k

Vermouth’s highest export potential is United States. With an export gap of $85.6k.   Vermouth’s highest import potential is Italy with an import gap of $485k.

See methodology.

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