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2022
Exports $28.1MWorld Rnk 4 / 60
Flag Rnk 810 / 1217
2022
Destination $3.87M Romania
2021 - 2022
FASTEST GROWING MARKET $3.87MFrance
2022
Imports $84.2MWorld Rnk 1 / 134
Flag Rnk 629 / 1215
2022
Origin $20.2MN/A
2021 - 2022
FASTEST GROWING ORIGIN $20.2MRomania
2022
ECONOMIC COMPLEXITY of Italy1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $28.1M in Non-Retail Silk Yarn, making it the 4th largest exporter of Non-Retail Silk Yarn in the world. At the same year, Non-Retail Silk Yarn was the 810th most exported product in Italy. The main destination of Non-Retail Silk Yarn exports from Italy are: Romania ($10.3M), France ($8.94M), United Kingdom ($2.75M), Germany ($2.64M), and Austria ($803k).

The fastest growing export markets for Non-Retail Silk Yarn of Italy between 2021 and 2022 were France ($3.87M), Romania ($3.64M), and Germany ($1.08M).

Imports In 2022, Italy imported $84.2M in Non-Retail Silk Yarn, becoming the 1st largest importer of Non-Retail Silk Yarn in the world. At the same year, Non-Retail Silk Yarn was the 629th most imported product in Italy. Italy imports Non-Retail Silk Yarn primarily from: N/A.

The fastest growing import markets in Non-Retail Silk Yarn for Italy between 2021 and 2022 were Romania ($20.2M), China ($2.28M), and Vietnam ($1.7M).

Latest Trends

March 2024

About

Overview In March 2024 Italy's Non-Retail Silk Yarn exports accounted up to €3.61M and imports accounted up to €9.16M, resulting in a negative trade balance of €5.56M. Between March 2023 and March 2024 the exports of Italy's   Non-Retail Silk Yarn have increased by €919k (34.2%) from €2.69M to €3.61M, while imports decreased by €-1.06M (-10.4%) from €10.2M to €9.16M.

Destinations In March 2024, Non-Retail Silk Yarn were exported mostly to Germany (€1.39M), Austria (€837k), France (€748k), Romania (€379k), and United Kingdom (€93.9k), and were imported mostly from Romania (€7.83M), Austria (€787k), China (€547k), and Belgium (€3).

Growth In March 2024, the increase in Non-Retail Silk Yarn's year-by-year exports was explained primarily by an increase in exports to Romania (€160k or 23%), United Kingdom (€106k or 59.7%), and France (€92k or 14.2%). In March 2024, the decrease in Non-Retail Silk Yarn's year-by-year imports was explained primarily by a decrease in imports from China (€-136k or -26.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2023 - March 2024)€919k(34.2%)
IMPORT GROWTH (March 2023 - March 2024)€-1.06M(-10.4%)
MAIN DESTINATION (March 2024)Germany€1.39M

This section shows Non-Retail Silk Yarn'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 Non-Retail Silk Yarn over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$28.1M
IMPORTS (2022)$84.2M
NET TRADE (2022)-$56.1M

In 2022, Italy exported $28.1M in Non-Retail Silk Yarn. The main destinations of Italy exports on Non-Retail Silk Yarn were Romania ($10.3M), France ($8.94M), United Kingdom ($2.75M), Germany ($2.64M), and Austria ($803k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Non-Retail Silk Yarn EXPORT MARKETS FOR Italy WERE (2021 - 2022):
France$3.87M (76.4%)
Romania$3.64M (54.7%)
Germany$1.08M (69.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Non-Retail Silk Yarn BY Italy WERE (2021 - 2022):
Saudi Arabia-$186k (-100%)
Bulgaria-$183k (-99.9%)
China-$175k (-31.3%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Non-Retail Silk Yarn were:
China $75.7M
Romania $68.1M
Vietnam $32.8M
In 2022, Italy's main importing competitors in Non-Retail Silk Yarn were:
Japan $37.9M
India $20.1M

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Trade Value of Non-Retail Silk Yarn by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $197k
TOP IMPORT POTENTIALChina+ $797k

Non-Retail Silk Yarn’s highest export potential is United States. With an export gap of $197k.   Non-Retail Silk Yarn’s highest import potential is China with an import gap of $797k.

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