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2021
Exports $654World Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2022
PRODUCT COMPLEXITY IN Vermouth-0.6Rnk 729 / 1025
2021
Imports $34.3kWorld Rnk 161 / 212
Flag Rnk 874 / 1117
2022
ECONOMIC COMPLEXITY of Madagascar-1.08Rnk 115 / 133

About

Imports In 2022, Madagascar imported $34.3k in Vermouth, becoming the 161st largest importer of Vermouth in the world. At the same year, Vermouth was the 874th most imported product in Madagascar. Madagascar imports Vermouth primarily from: Mauritius ($17.6k), Italy ($14.3k), France ($1.28k), United Arab Emirates ($764), and Netherlands ($251).

The fastest growing import markets in Vermouth for Madagascar between 2021 and 2022 were Mauritius ($8.29k), Italy ($2.35k), and United Arab Emirates ($764).

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 (2021)$654
IMPORTS (2022)$34.3k
NET TRADE (2022)-$34.3k

In 2022, Madagascar imported $34.3k in Vermouth, mainly from Mauritius ($17.6k), Italy ($14.3k), France ($1.28k), United Arab Emirates ($764), and Netherlands ($251).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vermouth BY Madagascar WERE (N/A - 2021):
France-$310 (-100%)
Comoros-$309 (-100%)
Ethiopia-$35 (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Madagascar's main exporting competitors in Vermouth were:
Italy $250M
France $126M
Spain $91.1M
In 2022, Madagascar'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
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TOP EXPORT POTENTIALUnited States+ $387
TOP IMPORT POTENTIALItaly+ $6k

Vermouth’s highest export potential is United States. With an export gap of $387.   Vermouth’s highest import potential is Italy with an import gap of $6k.

See methodology.

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