2022
Exports
$3.69MWorld Rnk 16 / 115
Flag Rnk 604 / 1208
2022
PRODUCT COMPLEXITY IN Vermouth
-0.6Rnk 729 / 1025
2022
Imports
$2.99MWorld Rnk 40 / 212
Flag Rnk 739 / 1208
2022
ECONOMIC COMPLEXITY of Lithuania
0.93Rnk 30 / 133

About

Exports In 2022, Lithuania exported $3.69M in Vermouth, making it the 16th largest exporter of Vermouth in the world. At the same year, Vermouth was the 604th most exported product in Lithuania. The main destination of Vermouth exports from Lithuania are: Belarus ($2.61M), Russia ($520k), Latvia ($200k), United States ($184k), and Kazakhstan ($42.5k).

The fastest growing export markets for Vermouth of Lithuania between 2021 and 2022 were Belarus ($524k), Russia ($271k), and Latvia ($47.7k).

Imports In 2022, Lithuania imported $2.99M in Vermouth, becoming the 40th largest importer of Vermouth in the world. At the same year, Vermouth was the 739th most imported product in Lithuania. Lithuania imports Vermouth primarily from: Italy ($1.45M), Spain ($679k), Germany ($485k), Estonia ($86.8k), and Chile ($85.7k).

The fastest growing import markets in Vermouth for Lithuania between 2021 and 2022 were Chile ($85.7k), Spain ($82.9k), and Estonia ($59.1k).

Latest Trends

Oct 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)$3.69M
IMPORTS (2022)$2.99M
NET TRADE (2022)$695k

In 2022, Lithuania exported $3.69M in Vermouth. The main destinations of Lithuania exports on Vermouth were Belarus ($2.61M), Russia ($520k), Latvia ($200k), United States ($184k), and Kazakhstan ($42.5k).

In 2022, Lithuania imported $2.99M in Vermouth, mainly from Italy ($1.45M), Spain ($679k), Germany ($485k), Estonia ($86.8k), and Chile ($85.7k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Vermouth EXPORT MARKETS FOR Lithuania WERE (2021 - 2022):
Belarus$524k (25.1%)
Russia$271k (109%)
Latvia$47.7k (31.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vermouth BY Lithuania WERE (2021 - 2022):
United States-$268k (-59.4%)
Ireland-$12.4k (-31%)
Azerbaijan-$4.58k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Lithuania's main exporting competitors in Vermouth were:
Italy $250M
Spain $91.1M
In 2022, 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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