2022
Exports
$28.9MWorld Rnk 30 / 152
Flag Rnk 799 / 1217
2022
PRODUCT COMPLEXITY IN Fermented Milk Products
-0.22Rnk 622 / 1025
2022
Imports
$477MWorld Rnk 1 / 219
Flag Rnk 246 / 1215
2022
ECONOMIC COMPLEXITY of Italy
1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $28.9M in Fermented Milk Products, making it the 30th largest exporter of Fermented Milk Products in the world. At the same year, Fermented Milk Products was the 799th most exported product in Italy. The main destination of Fermented Milk Products exports from Italy are: Albania ($3.66M), Malta ($3.65M), France ($3.2M), Germany ($2.11M), and Slovenia ($2.05M).

The fastest growing export markets for Fermented Milk Products of Italy between 2021 and 2022 were Albania ($2.68M), France ($1.57M), and Belgium ($995k).

Imports In 2022, Italy imported $477M in Fermented Milk Products, becoming the 1st largest importer of Fermented Milk Products in the world. At the same year, Fermented Milk Products was the 246th most imported product in Italy. Italy imports Fermented Milk Products primarily from: Germany ($147M), Greece ($117M), Austria ($83.5M), France ($61.2M), and Spain ($25.9M).

The fastest growing import markets in Fermented Milk Products for Italy between 2021 and 2022 were Austria ($14M), Germany ($7.8M), and Croatia ($2.04M).

Latest Trends

March 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2023 - March 2024)€-732k(-50.7%)
IMPORT GROWTH (March 2023 - March 2024)€-1.35M(-2.83%)
MAIN DESTINATION (March 2024)France€506k

This section shows Fermented Milk Products'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 Fermented Milk Products over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$28.9M
IMPORTS (2022)$477M
NET TRADE (2022)-$448M

In 2022, Italy exported $28.9M in Fermented Milk Products. The main destinations of Italy exports on Fermented Milk Products were Albania ($3.66M), Malta ($3.65M), France ($3.2M), Germany ($2.11M), and Slovenia ($2.05M).

In 2022, Italy imported $477M in Fermented Milk Products, mainly from Germany ($147M), Greece ($117M), Austria ($83.5M), France ($61.2M), and Spain ($25.9M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Fermented Milk Products EXPORT MARKETS FOR Italy WERE (2021 - 2022):
Albania$2.68M (273%)
France$1.57M (96.7%)
Belgium$995k (510%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Fermented Milk Products BY Italy WERE (2021 - 2022):
China-$808k (-28.3%)
United Kingdom-$794k (-44%)
South Korea-$342k (-60.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Fermented Milk Products were:
In 2022, Italy's main importing competitors in Fermented Milk Products were:

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Trade Value of Fermented Milk Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $1.43M
TOP IMPORT POTENTIALFrance+ $14.9M

Fermented Milk Products’s highest export potential is France. With an export gap of $1.43M.   Fermented Milk Products’s highest import potential is France with an import gap of $14.9M.

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