2022
Exports
$11.7kWorld Rnk 77 / 115
Flag Rnk 1196 / 1213
2022
PRODUCT COMPLEXITY IN Vermouth
-0.6Rnk 729 / 1025
2022
Imports
$2.79MWorld Rnk 43 / 212
Flag Rnk 990 / 1211
2022
ECONOMIC COMPLEXITY of Turkey
0.6Rnk 41 / 133

About

Exports In 2022, Turkey exported $11.7k in Vermouth, making it the 77th largest exporter of Vermouth in the world. At the same year, Vermouth was the 1196th most exported product in Turkey. The main destination of Vermouth exports from Turkey are: Burkina Faso ($5.45k), Australia ($3.16k), United Kingdom ($2.5k), Oman ($601), and Poland ($17).

The fastest growing export markets for Vermouth of Turkey between 2021 and 2022 were Burkina Faso ($5.45k), Oman ($601), and Australia ($278).

Imports In 2022, Turkey imported $2.79M in Vermouth, becoming the 43rd largest importer of Vermouth in the world. At the same year, Vermouth was the 990th most imported product in Turkey. Turkey imports Vermouth primarily from: Italy ($1.68M), France ($361k), Germany ($253k), Argentina ($248k), and Spain ($198k).

The fastest growing import markets in Vermouth for Turkey between 2021 and 2022 were Italy ($824k), France ($329k), and Argentina ($248k).

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 (2022)$11.7k
IMPORTS (2022)$2.79M
NET TRADE (2022)-$2.78M

In 2022, Turkey exported $11.7k in Vermouth. The main destinations of Turkey exports on Vermouth were Burkina Faso ($5.45k), Australia ($3.16k), United Kingdom ($2.5k), Oman ($601), and Poland ($17).

In 2022, Turkey imported $2.79M in Vermouth, mainly from Italy ($1.68M), France ($361k), Germany ($253k), Argentina ($248k), and Spain ($198k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Vermouth EXPORT MARKETS FOR Turkey WERE (2021 - 2022):
Burkina Faso$5.45k (1%)
Oman$601 (1%)
Australia$278 (9.65%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vermouth BY Turkey WERE (2021 - 2022):
Germany-$2.07k (-99.7%)
United Kingdom-$355 (-12.4%)
Azerbaijan-$51 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Turkey's main exporting competitors in Vermouth were:
Italy $250M
Spain $91.1M
In 2022, Turkey'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 POTENTIALUnited Kingdom+ $3.39k
TOP IMPORT POTENTIALItaly+ $298k

Vermouth’s highest export potential is United Kingdom. With an export gap of $3.39k.   Vermouth’s highest import potential is Italy with an import gap of $298k.

See methodology.

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