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2022
Exports $5.23MWorld Rnk 12 / 115
Flag Rnk 640 / 1213
2022
Destination $67.9k Namibia
2021 - 2022
FASTEST GROWING MARKET $67.9kTanzania
2022
PRODUCT COMPLEXITY IN Vermouth-0.6Rnk 729 / 1025
2022
Imports $1.79MWorld Rnk 54 / 212
Flag Rnk 945 / 1213
2022
Origin $722k Italy
2021 - 2022
FASTEST GROWING ORIGIN $722kFrance
2022
ECONOMIC COMPLEXITY of South Africa0.076Rnk 59 / 133

About

Exports In 2022, South Africa exported $5.23M in Vermouth, making it the 12th largest exporter of Vermouth in the world. At the same year, Vermouth was the 640th most exported product in South Africa. The main destination of Vermouth exports from South Africa are: Namibia ($4.7M), Thailand ($76.9k), Tanzania ($68.1k), Rwanda ($54.8k), and United States ($47.4k).

The fastest growing export markets for Vermouth of South Africa between 2021 and 2022 were Tanzania ($67.9k), Rwanda ($49.1k), and Lesotho ($33.5k).

Imports In 2022, South Africa imported $1.79M in Vermouth, becoming the 54th largest importer of Vermouth in the world. At the same year, Vermouth was the 945th most imported product in South Africa. South Africa imports Vermouth primarily from: Italy ($932k), France ($732k), United States ($54.8k), Spain ($51.6k), and Germany ($8.06k).

The fastest growing import markets in Vermouth for South Africa between 2021 and 2022 were France ($722k), Italy ($240k), and United States ($24.3k).

Latest Trends

June 2024

About

Overview In June 2024 South Africa's Vermouth exports accounted up to ZAR11.4M and imports accounted up to ZAR637k, resulting in a positive trade balance of ZAR10.7M. Between June 2023 and June 2024 the exports of South Africa's   Vermouth have decreased by ZAR-9.3M (-45%) from ZAR20.7M to ZAR11.4M, while imports increased by ZAR621k (3.94k%) from ZAR15.8k to ZAR637k.

Destinations In June 2024, Vermouth were exported mostly to Namibia (ZAR8.88M), Lesotho (ZAR1.4M), Botswana (ZAR853k), United States (ZAR127k), and Eswatini (ZAR38.9k), and were imported mostly from Portugal (ZAR595k), France (ZAR40k), and Italy (ZAR1.46k).

Growth In June 2024, the decrease in Vermouth's year-by-year exports was explained primarily by a decrease in exports to Namibia (ZAR-4.52M or -74.7%), United States (ZAR-126k or -84.3%), and Lesotho (ZAR-4.04k or -46.1%). In June 2024, the increase in Vermouth's year-by-year imports was explained primarily by an increase in imports from Spain (ZAR198k or 612%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)ZAR-9.3M(-45%)
IMPORT GROWTH (June 2023 - June 2024)ZAR621k(3.94k%)
MAIN EXPORTER (June 2024)SkilpadshekZAR32.9M
MAIN DESTINATION (June 2024)NamibiaZAR8.88M

This section shows Vermouth's exports and imports data at subnational level for South Africa. 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)$5.23M
IMPORTS (2022)$1.79M
NET TRADE (2022)$3.44M

In 2022, South Africa exported $5.23M in Vermouth. The main destinations of South Africa exports on Vermouth were Namibia ($4.7M), Thailand ($76.9k), Tanzania ($68.1k), Rwanda ($54.8k), and United States ($47.4k).

In 2022, South Africa imported $1.79M in Vermouth, mainly from Italy ($932k), France ($732k), United States ($54.8k), Spain ($51.6k), and Germany ($8.06k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Vermouth EXPORT MARKETS FOR South Africa WERE (2021 - 2022):
Tanzania$67.9k (29.4k%)
Rwanda$49.1k (857%)
Lesotho$33.5k (337%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vermouth BY South Africa WERE (2021 - 2022):
Namibia-$1.18M (-20%)
United States-$64.9k (-57.8%)
Botswana-$52.4k (-65%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, South Africa's main exporting competitors in Vermouth were:
Italy $250M
France $126M
Spain $91.1M
In 2022, South Africa'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+ $113k
TOP IMPORT POTENTIALFrance+ $56.9k

Vermouth’s highest export potential is United States. With an export gap of $113k.   Vermouth’s highest import potential is France with an import gap of $56.9k.

See methodology.

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