2022
Exports | Imports
$250M | $5.32MWorld Rnk 1 / 115
Flag Rnk 374 / 1217
World Rnk 21 / 212
Flag Rnk 1098 / 1215
2022
ECONOMIC COMPLEXITY of Italy
1.24Rnk 18 / 124
2022
PRODUCT COMPLEXITY IN Vermouth
-0.49Rnk 698 / 1025

About

Exports In 2022, Italy exported $250M in Vermouth, making it the 1st largest exporter of Vermouth in the world. At the same year, Vermouth was the 374th most exported product in Italy. The main destination of Vermouth exports from Italy are: United States ($33.8M), France ($29.7M), Spain ($28M), Latvia ($25.8M), and Germany ($16.5M).

The fastest growing export markets for Vermouth of Italy between 2021 and 2022 were Spain ($18.9M), Latvia ($18.3M), and Portugal ($5.11M).

Imports In 2022, Italy imported $5.32M in Vermouth, becoming the 21st largest importer of Vermouth in the world. At the same year, Vermouth was the 1098th most imported product in Italy. Italy imports Vermouth primarily from: France ($1.24M), Spain ($1.22M), Portugal ($770k), Netherlands ($671k), and Germany ($654k).

The fastest growing import markets in Vermouth for Italy between 2021 and 2022 were France ($921k), Netherlands ($443k), and Spain ($221k).

COMPANIES In 2022, leading companies such as PALM BAY INTERNATIONAL (40), SOCIETE DES ALCOOLS DU QUEBEC (6), and INTERCONTINENTAL PACKAGING CO. DBA (3) were at the forefront of shipping Vermouth from Italy to the United States.

Latest Trends

November 2023

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2022 - November 2023)€980k(4.27%)
IMPORT GROWTH (November 2022 - November 2023)€-459k(-54.8%)
MAIN DESTINATION (November 2023)Latvia€4.33M

This section shows Vermouth's exports and imports data at subnational level for Italy. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Vermouth over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$250M
IMPORTS (2022)$5.32M
NET TRADE (2022)$245M

In 2022, Italy exported $250M in Vermouth. The main destinations of Italy exports on Vermouth were United States ($33.8M), France ($29.7M), Spain ($28M), Latvia ($25.8M), and Germany ($16.5M).

In 2022, Italy imported $5.32M in Vermouth, mainly from France ($1.24M), Spain ($1.22M), Portugal ($770k), Netherlands ($671k), and Germany ($654k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Vermouth EXPORT MARKETS FOR Italy WERE (2021 - 2022):
Spain$18.9M (208%)
Latvia$18.3M (246%)
Portugal$5.11M (212%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vermouth BY Italy WERE (2021 - 2022):
Germany-$35.4M (-68.2%)
Russia-$17.1M (-78.2%)
Ukraine-$6.81M (-62%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Vermouth were:
Spain $91.1M
In 2022, Italy's main importing competitors in Vermouth were:

Explore Visualizations

Trade Value of Vermouth by Exporters

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