2022
Exports
$26World Rnk 113 / 115
Flag Rnk 1117 / 1127
2022
PRODUCT COMPLEXITY IN Vermouth
-0.6Rnk 729 / 1025
2022
Imports
$1.18MWorld Rnk 71 / 212
Flag Rnk 980 / 1201
2022
ECONOMIC COMPLEXITY of Philippines
0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $26 in Vermouth, making it the 113th largest exporter of Vermouth in the world. At the same year, Vermouth was the 1117th most exported product in Philippines. The main destination of Vermouth exports from Philippines are: Switzerland ($26).

The fastest growing export markets for Vermouth of Philippines between N/A and 2022 were Switzerland ($26).

Imports In 2022, Philippines imported $1.18M in Vermouth, becoming the 71st largest importer of Vermouth in the world. At the same year, Vermouth was the 980th most imported product in Philippines. Philippines imports Vermouth primarily from: Spain ($782k), Italy ($185k), United States ($76.7k), Singapore ($54.9k), and France ($29.4k).

The fastest growing import markets in Vermouth for Philippines between 2021 and 2022 were Spain ($310k), Italy ($132k), and United States ($76.7k).

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)$26
IMPORTS (2022)$1.18M
NET TRADE (2022)-$1.18M

In 2022, Philippines exported $26 in Vermouth. The main destinations of Philippines exports on Vermouth were Switzerland ($26).

In 2022, Philippines imported $1.18M in Vermouth, mainly from Spain ($782k), Italy ($185k), United States ($76.7k), Singapore ($54.9k), and France ($29.4k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Vermouth EXPORT MARKETS FOR Philippines WERE (N/A - 2022):Switzerland$26 (1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Philippines's main exporting competitors in Vermouth were:
Italy $250M
Spain $91.1M
In 2022, Philippines'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 States+ $373
TOP IMPORT POTENTIALItaly+ $103k

Vermouth’s highest export potential is United States. With an export gap of $373.   Vermouth’s highest import potential is Italy with an import gap of $103k.

See methodology.

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