2022
Exports
$3.32MWorld Rnk 17 / 115
Flag Rnk 739 / 1216
2022
PRODUCT COMPLEXITY IN Vermouth
-0.6Rnk 729 / 1025
2022
Imports
$11.1MWorld Rnk 14 / 212
Flag Rnk 713 / 1216
2022
ECONOMIC COMPLEXITY of Portugal
0.57Rnk 42 / 133

About

Exports In 2022, Portugal exported $3.32M in Vermouth, making it the 17th largest exporter of Vermouth in the world. At the same year, Vermouth was the 739th most exported product in Portugal. The main destination of Vermouth exports from Portugal are: Italy ($770k), Angola ($469k), Spain ($305k), France ($303k), and Guinea-Bissau ($218k).

The fastest growing export markets for Vermouth of Portugal between 2021 and 2022 were Angola ($363k), Chinese Taipei ($109k), and Cape Verde ($36.4k).

Imports In 2022, Portugal imported $11.1M in Vermouth, becoming the 14th largest importer of Vermouth in the world. At the same year, Vermouth was the 713th most imported product in Portugal. Portugal imports Vermouth primarily from: Italy ($7.53M), Spain ($3.43M), France ($61.6k), Netherlands ($41.8k), and Czechia ($31k).

The fastest growing import markets in Vermouth for Portugal between 2021 and 2022 were Italy ($5.11M), Spain ($425k), and Netherlands ($36.2k).

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)$3.32M
IMPORTS (2022)$11.1M
NET TRADE (2022)-$7.82M

In 2022, Portugal exported $3.32M in Vermouth. The main destinations of Portugal exports on Vermouth were Italy ($770k), Angola ($469k), Spain ($305k), France ($303k), and Guinea-Bissau ($218k).

In 2022, Portugal imported $11.1M in Vermouth, mainly from Italy ($7.53M), Spain ($3.43M), France ($61.6k), Netherlands ($41.8k), and Czechia ($31k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Vermouth EXPORT MARKETS FOR Portugal WERE (2021 - 2022):
Angola$363k (345%)
Chinese Taipei$109k (386%)
Cape Verde$36.4k (187%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vermouth BY Portugal WERE (2021 - 2022):
Spain-$1.61M (-84.1%)
Italy-$160k (-17.2%)
Finland-$153k (-91.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Portugal's main exporting competitors in Vermouth were:
Italy $250M
Spain $91.1M
In 2022, Portugal'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 POTENTIALSpain+ $216k
TOP IMPORT POTENTIALSpain+ $140k

Vermouth’s highest export potential is Spain. With an export gap of $216k.   Vermouth’s highest import potential is Spain with an import gap of $140k.

See methodology.

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