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220510 (Harmonized System 1992 for 6-digit)

2022
World Trade $681MRnk 2617 / 4648
2022
Top Exporter | Top Importer $243M | $85.8MItaly | Germany
2022
Product Complexity -0.87Rnk 3677 / 4653
2021 - 2022
Export Growth (CAGR) 7.55%Rnk 1893 / 4648
2022
Share of World Trade 0.0029%Rnk 2617 / 4648

About

Overview This page contains the latest trade data of Vermouth and other flavoured grape wines - pack < 2l. In 2022, Vermouth and other flavoured grape wines - pack < 2l were the world's 2617th most traded product, with a total trade of $681M. Between 2021 and 2022 the exports of Vermouth and other flavoured grape wines - pack < 2l grew by 7.55%, from $633M to $681M. Trade in Vermouth and other flavoured grape wines - pack < 2l represent 0.0029% of total world trade.

Vermouth and other flavoured grape wines - pack < 2l are a part of Vermouth.

Exports In 2022 the top exporters of Vermouth and other flavoured grape wines - pack < 2l  were Italy ($243M), France ($119M), Spain ($77.8M), Latvia ($52.6M), and Germany ($38M).

Imports In 2022 the top importers of Vermouth and other flavoured grape wines - pack < 2l were Germany ($85.8M), United States ($79.6M), Russia ($58.6M), France ($47M), and United Kingdom ($40.3M).

Ranking Vermouth and other flavoured grape wines - pack < 2l ranks 3677th in the Product Complexity Index (PCI).

Description -

Latest Trends

Latest Data

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The following visualization shows the latest trends on Vermouth and other flavoured grape wines - pack < 2l. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2022)Italy$243M
Top Destination (2022)Germany$85.8M

In 2022 Vermouth and other flavoured grape wines - pack < 2l were the world's 2617th most traded product (out of 4,648).

In 2022, the top exporters of Vermouth and other flavoured grape wines - pack < 2l were Italy ($243M), France ($119M), Spain ($77.8M), Latvia ($52.6M), and Germany ($38M).

In 2022, the top importers of Vermouth and other flavoured grape wines - pack < 2l were Germany ($85.8M), United States ($79.6M), Russia ($58.6M), France ($47M), and United Kingdom ($40.3M).

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Exporters of Vermouth and other flavoured grape wines - pack < 2l (2022)
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Importers of Vermouth and other flavoured grape wines - pack < 2l (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Latvia$45M
Top Destination Decrease (2021 -  2022)Germany-$25.4M

Between 2021 and 2022, the exports of Vermouth and other flavoured grape wines - pack < 2l grew the fastest in Latvia ($45M), France ($17.2M), Argentina ($11.1M), Jamaica ($6.95M), and United States ($5.92M).

Between 2021 and 2022, the fastest declining importers of Vermouth and other flavoured grape wines - pack < 2l were Germany (-$25.4M), Ukraine (-$7.78M), Australia (-$7.35M), Belgium (-$5.08M), and Lithuania (-$3.67M).

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Exporters of Vermouth and other flavoured grape wines - pack < 2l (2021 - 2022)

Importers of Vermouth and other flavoured grape wines - pack < 2l (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Vermouth and other flavoured grape wines - pack < 2l.

In 2022, market concentration measured using Shannon Entropy, was 3.21. This means that most of the exports of Vermouth and other flavoured grape wines - pack < 2l are explained by 9 countries.

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Value of Exports in Vermouth and other flavoured grape wines - pack < 2l

Net Trade

TOP NET EXPORTER (2022)Italy$238M
TOP NET IMPORTER (2022)Russia$58.4M

This map shows which countries export or import more of Vermouth and other flavoured grape wines - pack < 2l. Each country is colored based on the difference in exports and imports of Vermouth and other flavoured grape wines - pack < 2l during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Vermouth and other flavoured grape wines - pack < 2l were Italy ($238M), France ($71.8M), Spain ($47.1M), Jamaica ($30.6M), and Latvia ($25.3M).

In 2022, the countries that had a largest trade value in imports than in exports of Vermouth and other flavoured grape wines - pack < 2l were Russia ($58.4M), Germany ($47.8M), United States ($46.5M), United Kingdom ($39.6M), and Poland ($23.8M).

Net Trade (2022)

Country Comparison

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Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Vermouth and other flavoured grape wines - pack < 2l.
It is possible to select the main countries that export or import Vermouth and other flavoured grape wines - pack < 2l in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Vermouth and other flavoured grape wines - pack < 2l by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2022)

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