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2022
Exports $9.32MWorld Rnk 2 / 48
Flag Rnk 970 / 1217
2022
Destination $771k Turkey
2021 - 2022
FASTEST GROWING MARKET $771kTurkey
2022
Imports $33.7MWorld Rnk 1 / 101
Flag Rnk 824 / 1215
2022
Origin $7.86M China
2021 - 2022
FASTEST GROWING ORIGIN $7.86MChina
2022
ECONOMIC COMPLEXITY of Italy1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $9.32M in Silk Waste Yarn, making it the 2nd largest exporter of Silk Waste Yarn in the world. At the same year, Silk Waste Yarn was the 970th most exported product in Italy. The main destination of Silk Waste Yarn exports from Italy are: Turkey ($1.72M), China ($1.02M), France ($983k), United Kingdom ($719k), and Romania ($656k).

The fastest growing export markets for Silk Waste Yarn of Italy between 2021 and 2022 were Turkey ($771k), China ($607k), and Tunisia ($343k).

Imports In 2022, Italy imported $33.7M in Silk Waste Yarn, becoming the 1st largest importer of Silk Waste Yarn in the world. At the same year, Silk Waste Yarn was the 824th most imported product in Italy. Italy imports Silk Waste Yarn primarily from: China ($31.6M), Thailand ($997k), Germany ($563k), Romania ($213k), and Japan ($123k).

The fastest growing import markets in Silk Waste Yarn for Italy between 2021 and 2022 were China ($7.86M), Thailand ($242k), and Romania ($77.1k).

Latest Trends

March 2024

About

Overview In March 2024 Italy's Silk Waste Yarn exports accounted up to €844k and imports accounted up to €2.08M, resulting in a negative trade balance of €1.23M. Between March 2023 and March 2024 the exports of Italy's   Silk Waste Yarn have increased by €193k (29.7%) from €651k to €844k, while imports increased by €375k (22%) from €1.7M to €2.08M.

Destinations In March 2024, Silk Waste Yarn were exported mostly to Turkey (€201k), Tunisia (€127k), Germany (€114k), Portugal (€97.8k), and France (€97.8k), and were imported mostly from China (€1.85M), Romania (€158k), Germany (€50.8k), and Thailand (€24.9k).

Growth In March 2024, the increase in Silk Waste Yarn's year-by-year exports was explained primarily by an increase in exports to Portugal (€94.6k or 1.27k%), United Kingdom (€45k or 86.2%), and United States (€37.8k or 137%). In March 2024, the increase in Silk Waste Yarn's year-by-year imports was explained primarily by an increase in imports from China (€2.46M or 202%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2023 - March 2024)€193k(29.7%)
IMPORT GROWTH (March 2023 - March 2024)€375k(22%)
MAIN DESTINATION (March 2024)Turkey€201k

This section shows Silk Waste 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 Silk Waste Yarn over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$9.32M
IMPORTS (2022)$33.7M
NET TRADE (2022)-$24.3M

In 2022, Italy exported $9.32M in Silk Waste Yarn. The main destinations of Italy exports on Silk Waste Yarn were Turkey ($1.72M), China ($1.02M), France ($983k), United Kingdom ($719k), and Romania ($656k).

In 2022, Italy imported $33.7M in Silk Waste Yarn, mainly from China ($31.6M), Thailand ($997k), Germany ($563k), Romania ($213k), and Japan ($123k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Silk Waste Yarn EXPORT MARKETS FOR Italy WERE (2021 - 2022):
Turkey$771k (80.9%)
China$607k (146%)
Tunisia$343k (23.8k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Silk Waste Yarn BY Italy WERE (2021 - 2022):
Romania-$667k (-50.4%)
Hong Kong-$518k (-64.8%)
United States-$263k (-48.4%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Italy's main exporting competitors in Silk Waste Yarn were:
China $83.8M
Thailand $3.86M
In 2022, Italy's main importing competitors in Silk Waste Yarn were:
India $18.3M
Japan $16M

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Trade Value of Silk Waste Yarn by Exporters

Potential Exports

Potential Exports

Flow
View
N/A
N/AN/A
N/AN/A

Silk Waste Yarn’s highest export potential is N/A. With an export gap of N/A.   Silk Waste Yarn’s highest import potential is N/A with an import gap of N/A.

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