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220510 (Harmonized System 1992 for 6-digit)

2023
World Trade $712MRnk 2481 / 4644
2023
Top Exporter | Top Importer $294M | $97.7MItaly | Germany
2023
Product Complexity -0.69Rnk 3487 / 4656
2022 - 2023
Export Growth (CAGR) 6.82%Rnk 884 / 4644
2023
Share of World Trade 0.0032%Rnk 2481 / 4644

About

Overview This page contains the latest trade data of Vermouth and other flavoured grape wines - pack < 2l. In 2023, Vermouth and other flavoured grape wines - pack < 2l were the world's 2481st most traded product, with a total trade of $712M. Between 2022 and 2023 the exports of Vermouth and other flavoured grape wines - pack < 2l grew by 6.82%, from $667M to $712M. Trade in Vermouth and other flavoured grape wines - pack < 2l represent 0.0032% of total world trade.

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

Exports In 2023 the top exporters of Vermouth and other flavoured grape wines - pack < 2l  were Italy ($294M), France ($120M), Latvia ($66.8M), Spain ($56.7M), and Germany ($48.8M).

Imports In 2023 the top importers of Vermouth and other flavoured grape wines - pack < 2l were Germany ($97.7M), Russia ($68.3M), United States ($64.6M), Spain ($46.5M), and France ($45.7M).

Ranking Vermouth and other flavoured grape wines - pack < 2l ranks 3487th in the Product Complexity Index (PCI).

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 (2023)Italy$294M
Top Destination (2023)Germany$97.7M

In 2023 Vermouth and other flavoured grape wines - pack < 2l were the world's 2481st most traded product (out of 4,644).

In 2023, the top exporters of Vermouth and other flavoured grape wines - pack < 2l were Italy ($294M), France ($120M), Latvia ($66.8M), Spain ($56.7M), and Germany ($48.8M).

In 2023, the top importers of Vermouth and other flavoured grape wines - pack < 2l were Germany ($97.7M), Russia ($68.3M), United States ($64.6M), Spain ($46.5M), and France ($45.7M).

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Exporters of Vermouth and other flavoured grape wines - pack < 2l (2023)
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Importers of Vermouth and other flavoured grape wines - pack < 2l (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Italy$27.6M
Top Destination Growth (2022 -  2023)Latvia$19.2M

Between 2022 and 2023, the exports of Vermouth and other flavoured grape wines - pack < 2l grew the fastest in Italy ($27.6M), Latvia ($14.4M), France ($6.56M), Germany ($5.09M), and Jamaica ($4.29M).

Between 2022 and 2023, the fastest growing importers of Vermouth and other flavoured grape wines - pack < 2l were Latvia ($19.2M), Germany ($13.8M), Russia ($9.69M), Ukraine ($3.69M), and Canada ($3.35M).

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Exporters of Vermouth and other flavoured grape wines - pack < 2l (2022 - 2023)

Importers of Vermouth and other flavoured grape wines - pack < 2l (2022 - 2023)

Market Concentration

Value

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

In 2023, market concentration measured using Shannon Entropy, was 3.06. This means that most of the exports of Vermouth and other flavoured grape wines - pack < 2l are explained by 8 countries.

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

Net Trade

TOP NET EXPORTER (2023)Italy$289M
TOP NET IMPORTER (2023)Russia$68.3M

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 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Vermouth and other flavoured grape wines - pack < 2l were Italy ($289M), France ($74.4M), Latvia ($21.5M), Jamaica ($15.8M), and Spain ($10.2M).

In 2023, the countries that had a largest trade value in imports than in exports of Vermouth and other flavoured grape wines - pack < 2l were Russia ($68.3M), Germany ($48.9M), United States ($47.2M), Poland ($31.5M), and United Kingdom ($25.1M).

Net Trade (2023)

Country Comparison

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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 (2023)

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