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2022
Exports $23.8kWorld Rnk 67 / 115
Flag Rnk 705 / 1017
2022
Destination $9.71k Panama
2021 - 2022
FASTEST GROWING MARKET $9.71kGermany
2022
PRODUCT COMPLEXITY IN Vermouth-0.6Rnk 729 / 1025
2022
Imports $621kWorld Rnk 95 / 212
Flag Rnk 841 / 1175
2022
Origin $111k Spain
2021 - 2022
FASTEST GROWING ORIGIN $111kSpain
2022
ECONOMIC COMPLEXITY of Ecuador-0.96Rnk 109 / 133

About

Exports In 2022, Ecuador exported $23.8k in Vermouth, making it the 67th largest exporter of Vermouth in the world. At the same year, Vermouth was the 705th most exported product in Ecuador. The main destination of Vermouth exports from Ecuador are: Panama ($14.1k) and Germany ($9.71k).

The fastest growing export markets for Vermouth of Ecuador between 2021 and 2022 were Germany ($9.71k).

Imports In 2022, Ecuador imported $621k in Vermouth, becoming the 95th largest importer of Vermouth in the world. At the same year, Vermouth was the 841st most imported product in Ecuador. Ecuador imports Vermouth primarily from: Spain ($357k), Italy ($137k), Netherlands ($39k), Chile ($36.5k), and Portugal ($25.8k).

The fastest growing import markets in Vermouth for Ecuador between 2021 and 2022 were Spain ($111k), Netherlands ($39k), and Chile ($36.5k).

Latest Trends

November 2021

About

Overview In November 2021 Ecuador's Vermouth exports accounted up to $16.4k and imports accounted up to $44.4k, resulting in a negative trade balance of $28k. Between June 2013 and November 2021 the exports of Ecuador's   Vermouth have increased by $6.22k (60.9%) from $10.2k to $16.4k, while imports increased by $42.8k (2.55k%) from $1.68k to $44.4k.

Destinations In November 2021, Vermouth were exported mostly to , and were imported mostly from Spain ($27.3k), Portugal ($8.73k), and Italy ($8.35k).

Growth In November 2021, the increase in Vermouth's year-by-year exports was explained primarily by an increase in exports to . In December 2021, the increase in Vermouth's year-by-year imports was explained primarily by an increase in imports from Spain ($19.9k or 132%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2013 - November 2021)$6.22k(60.9%)
IMPORT GROWTH (November 2020 - December 2021)$42.8k(2.55k%)
MAIN DESTINATION (November 2021)

This section shows Vermouth's exports and imports data at subnational level for Ecuador. 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)$23.8k
IMPORTS (2022)$621k
NET TRADE (2022)-$597k

In 2022, Ecuador exported $23.8k in Vermouth. The main destinations of Ecuador exports on Vermouth were Panama ($14.1k) and Germany ($9.71k).

In 2022, Ecuador imported $621k in Vermouth, mainly from Spain ($357k), Italy ($137k), Netherlands ($39k), Chile ($36.5k), and Portugal ($25.8k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Vermouth EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):Germany$9.71k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vermouth BY Ecuador WERE (2021 - 2022):
Panama-$9.01k (-38.9%)
United States-$2.52k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Ecuador's main exporting competitors in Vermouth were:
Italy $250M
France $126M
Spain $91.1M
In 2022, Ecuador's main importing competitors in Vermouth were:
Germany $90.6M
United States $81.4M
Russia $58.6M

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Trade Value of Vermouth by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $815
TOP IMPORT POTENTIALItaly+ $39.2k

Vermouth’s highest export potential is United States. With an export gap of $815.   Vermouth’s highest import potential is Italy with an import gap of $39.2k.

See methodology.

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