2023
Exports
$5.85kWorld Rnk 82 / 117
Flag Rnk 1115 / 1199
2023
PRODUCT COMPLEXITY IN Vermouth
-0.84Rnk 792 / 1025
2023
Imports
$1.6MWorld Rnk 53 / 210
Flag Rnk 918 / 1207
2023
ECONOMIC COMPLEXITY of Norway
0.47Rnk 44 / 132

About

Exports In 2023, Norway exported $5.85k in Vermouth, making it the 82nd largest exporter of Vermouth in the world. At the same year, Vermouth was the 1115th most exported product in Norway. The main destination of Vermouth exports from Norway are: Finland ($2.69k), France ($1.89k), Sweden ($1.17k), and Denmark ($103).

The fastest growing export markets for Vermouth of Norway between 2022 and 2023 were Finland ($2.69k) and Sweden ($1.07k).

Imports In 2023, Norway imported $1.6M in Vermouth, becoming the 53rd largest importer of Vermouth in the world. At the same year, Vermouth was the 918th most imported product in Norway. Norway imports Vermouth primarily from: Italy ($1.34M), Netherlands ($65.2k), Germany ($50.7k), France ($49.8k), and Argentina ($32.4k).

The fastest growing import markets in Vermouth for Norway between 2022 and 2023 were Netherlands ($63.1k), Italy ($60.1k), and Germany ($7.96k).

Latest Trends

Dec 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 (2023)$5.85k
IMPORTS (2023)$1.6M
NET TRADE (2023)-$1.59M

In 2023, Norway exported $5.85k in Vermouth. The main destinations of Norway exports on Vermouth were Finland ($2.69k), France ($1.89k), Sweden ($1.17k), and Denmark ($103).

In 2023, Norway imported $1.6M in Vermouth, mainly from Italy ($1.34M), Netherlands ($65.2k), Germany ($50.7k), France ($49.8k), and Argentina ($32.4k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Vermouth EXPORT MARKETS FOR Norway WERE (2022 - 2023):
Finland$2.69k (1%)
Sweden$1.07k (1.08k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vermouth BY Norway WERE (2022 - 2023):
France-$5.66k (-75%)
Belgium-$2.12k (-100%)
Denmark-$784 (-88.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Norway's main exporting competitors in Vermouth were:
Italy $301M
Spain $71.5M
In 2023, Norway'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 POTENTIALFrance+ $4.81k
TOP IMPORT POTENTIALFrance+ $81.5k

Vermouth’s highest export potential is France. With an export gap of $4.81k.   Vermouth’s highest import potential is France with an import gap of $81.5k.

See methodology.

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