2022
Exports
$296kWorld Rnk 42 / 115
Flag Rnk 521 / 1074
2022
PRODUCT COMPLEXITY IN Vermouth
-0.6Rnk 729 / 1025
2022
Imports
$592kWorld Rnk 98 / 212
Flag Rnk 771 / 1171
2022
ECONOMIC COMPLEXITY of Sri Lanka
-0.35Rnk 82 / 133

About

Exports In 2022, Sri Lanka exported $296k in Vermouth, making it the 42nd largest exporter of Vermouth in the world. At the same year, Vermouth was the 521st most exported product in Sri Lanka. The main destination of Vermouth exports from Sri Lanka are: Maldives ($296k), United Arab Emirates ($625), and Netherlands ($51).

The fastest growing export markets for Vermouth of Sri Lanka between 2021 and 2022 were Maldives ($94k) and United Arab Emirates ($625).

Imports In 2022, Sri Lanka imported $592k in Vermouth, becoming the 98th largest importer of Vermouth in the world. At the same year, Vermouth was the 771st most imported product in Sri Lanka. Sri Lanka imports Vermouth primarily from: Italy ($167k), Chile ($149k), France ($128k), United States ($49k), and Spain ($36.4k).

The fastest growing import markets in Vermouth for Sri Lanka between 2021 and 2022 were France ($126k), Chile ($34k), and South Africa ($25.2k).

Latest Trends

Jul 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 (2022)$296k
IMPORTS (2022)$592k
NET TRADE (2022)-$296k

In 2022, Sri Lanka exported $296k in Vermouth. The main destinations of Sri Lanka exports on Vermouth were Maldives ($296k), United Arab Emirates ($625), and Netherlands ($51).

In 2022, Sri Lanka imported $592k in Vermouth, mainly from Italy ($167k), Chile ($149k), France ($128k), United States ($49k), and Spain ($36.4k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Vermouth EXPORT MARKETS FOR Sri Lanka WERE (2021 - 2022):
Maldives$94k (46.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vermouth BY Sri Lanka WERE (2021 - 2022):
India-$4.41k (-100%)
Australia-$578 (-100%)
Bangladesh-$531 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Sri Lanka's main exporting competitors in Vermouth were:
Italy $250M
Spain $91.1M
In 2022, Sri Lanka'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+ $356
TOP IMPORT POTENTIALItaly+ $22.1k

Vermouth’s highest export potential is United States. With an export gap of $356.   Vermouth’s highest import potential is Italy with an import gap of $22.1k.

See methodology.

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