2023
Exports
$5.14MWorld Rnk 16 / 117
Flag Rnk 503 / 1204
2023
PRODUCT COMPLEXITY IN Vermouth
-0.84Rnk 792 / 1025
2023
Imports
$5.56MWorld Rnk 22 / 210
Flag Rnk 605 / 1212
2023
ECONOMIC COMPLEXITY of Lithuania
0.85Rnk 32 / 132

About

Exports In 2023, Lithuania exported $5.14M in Vermouth, making it the 16th largest exporter of Vermouth in the world. At the same year, Vermouth was the 503rd most exported product in Lithuania. The main destination of Vermouth exports from Lithuania are: Belarus ($3.25M), Russia ($737k), United States ($723k), Latvia ($163k), and Poland ($130k).

The fastest growing export markets for Vermouth of Lithuania between 2022 and 2023 were Belarus ($635k), United States ($572k), and Russia ($217k).

Imports In 2023, Lithuania imported $5.56M in Vermouth, becoming the 22nd largest importer of Vermouth in the world. At the same year, Vermouth was the 605th most imported product in Lithuania. Lithuania imports Vermouth primarily from: Italy ($3.71M), Germany ($479k), Spain ($459k), Netherlands ($331k), and United States ($177k).

The fastest growing import markets in Vermouth for Lithuania between 2022 and 2023 were Italy ($2.25M), Netherlands ($327k), and United States ($148k).

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)$5.14M
IMPORTS (2023)$5.56M
NET TRADE (2023)-$419k

In 2023, Lithuania exported $5.14M in Vermouth. The main destinations of Lithuania exports on Vermouth were Belarus ($3.25M), Russia ($737k), United States ($723k), Latvia ($163k), and Poland ($130k).

In 2023, Lithuania imported $5.56M in Vermouth, mainly from Italy ($3.71M), Germany ($479k), Spain ($459k), Netherlands ($331k), and United States ($177k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Vermouth EXPORT MARKETS FOR Lithuania WERE (2022 - 2023):
Belarus$635k (24.3%)
United States$572k (377%)
Russia$217k (41.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vermouth BY Lithuania WERE (2022 - 2023):
Latvia-$36.9k (-18.5%)
Ireland-$18.8k (-65.1%)
Kazakhstan-$9.38k (-33%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Lithuania's main exporting competitors in Vermouth were:
Italy $301M
Spain $71.5M
In 2023, Lithuania'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 POTENTIALRussia+ $241k
TOP IMPORT POTENTIALFrance+ $59k

Vermouth’s highest export potential is Russia. With an export gap of $241k.   Vermouth’s highest import potential is France with an import gap of $59k.

See methodology.

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