Vinegar in Italy | The Observatory of Economic Complexity

About

Exports In 2022, Italy exported $326M in Vinegar, making it the 1st largest exporter of Vinegar in the world. At the same year, Vinegar was the 321st most exported product in Italy. The main destination of Vinegar exports from Italy are: United States ($105M), Germany ($43.4M), France ($28.2M), Canada ($17.2M), and United Kingdom ($16.6M).

The fastest growing export markets for Vinegar of Italy between 2021 and 2022 were United Arab Emirates ($325k), Colombia ($236k), and Kuwait ($220k).

Imports In 2022, Italy imported $30M in Vinegar, becoming the 8th largest importer of Vinegar in the world. At the same year, Vinegar was the 842nd most imported product in Italy. Italy imports Vinegar primarily from: Greece ($9.82M), Spain ($4.64M), Germany ($3.15M), France ($2.56M), and Netherlands ($2.18M).

The fastest growing import markets in Vinegar for Italy between 2021 and 2022 were Greece ($3.1M), France ($1.09M), and Belgium ($307k).

COMPANIES In 2023, leading companies such as PRIME LINE DISTRIBUTORS INC (23), COSTCO WHOLESALE COPRORATION (2), and FILIPPO BERIO USA, LTD (1) were at the forefront of shipping Vinegar from Italy to the United States.

Latest Trends

January 2024

About

Overview In January 2024 Italy's Vinegar exports accounted up to €17.3M and imports accounted up to €2.7M, resulting in a positive trade balance of €14.6M. Between January 2023 and January 2024 the exports of Italy's Vinegar have increased by €3.12M (22%) from €14.2M to €17.3M, while imports decreased by €-360k (-11.8%) from €3.06M to €2.7M.

Destinations In January 2024, Vinegar were exported mostly to United States (€5.45M), Germany (€3.17M), France (€2.45M), United Kingdom (€1.45M), and Austria (€1.04M), and were imported mostly from Germany (€632k), Greece (€572k), Spain (€543k), France (€353k), and Portugal (€307k).

Growth In January 2024, the increase in Vinegar's year-by-year exports was explained primarily by an increase in exports to France (€141k or 7.83%), Belgium (€88.5k or 43.3%), and Poland (€46.8k or 49.6%). In January 2024, the decrease in Vinegar's year-by-year imports was explained primarily by a decrease in imports from United Kingdom (€-337k or -98.5%), Portugal (€-70.6k or -51.5%), and Austria (€-20.4k or -54.3%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)€3.12M(22%)

IMPORT GROWTH (January 2023 - January 2024)€-360k(-11.8%)

MAIN DESTINATION (January 2024)United States€5.45M

This section shows Vinegar'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 Vinegar over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$326M

IMPORTS (2022)$30M

NET TRADE (2022)$296M

In 2022, Italy exported $326M in Vinegar. The main destinations of Italy exports on Vinegar were United States ($105M), Germany ($43.4M), France ($28.2M), Canada ($17.2M), and United Kingdom ($16.6M).

In 2022, Italy imported $30M in Vinegar, mainly from Greece ($9.82M), Spain ($4.64M), Germany ($3.15M), France ($2.56M), and Netherlands ($2.18M).

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