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2022
Exports $7.89MWorld Rnk 3 / 72
Flag Rnk 996 / 1217
2022
Destination $302k France
2021 - 2022
FASTEST GROWING MARKET $302kCzechia
2022
Imports $4.13MWorld Rnk 5 / 120
Flag Rnk 1113 / 1215
2022
Origin $1.14M Netherlands
2021 - 2022
FASTEST GROWING ORIGIN $1.14MNetherlands
2022
ECONOMIC COMPLEXITY of Italy1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $7.89M in Hemp Fibers, making it the 3rd largest exporter of Hemp Fibers in the world. At the same year, Hemp Fibers was the 996th most exported product in Italy. The main destination of Hemp Fibers exports from Italy are: France ($1.45M), Germany ($1.05M), Spain ($1.04M), Czechia ($922k), and Luxembourg ($684k).

The fastest growing export markets for Hemp Fibers of Italy between 2021 and 2022 were Czechia ($302k), Portugal ($56.1k), and Costa Rica ($21.6k).

Imports In 2022, Italy imported $4.13M in Hemp Fibers, becoming the 5th largest importer of Hemp Fibers in the world. At the same year, Hemp Fibers was the 1113th most imported product in Italy. Italy imports Hemp Fibers primarily from: Netherlands ($2.04M), Spain ($1.16M), Slovenia ($300k), Luxembourg ($165k), and China ($102k).

The fastest growing import markets in Hemp Fibers for Italy between 2021 and 2022 were Netherlands ($1.14M), China ($44.7k), and Czechia ($15.8k).

Latest Trends

March 2024

About

Overview In March 2024 Italy's Hemp Fibers exports accounted up to €928k and imports accounted up to €205k, resulting in a positive trade balance of €723k. Between March 2023 and March 2024 the exports of Italy's   Hemp Fibers have decreased by €-148k (-13.8%) from €1.08M to €928k, while imports decreased by €-256k (-55.5%) from €461k to €205k.

Destinations In March 2024, Hemp Fibers were exported mostly to France (€375k), Spain (€186k), Portugal (€87k), Belgium (€33.4k), and Germany (€21.5k), and were imported mostly from Netherlands (€149k), China (€56.2k), and Poland (€26).

Growth In March 2024, the decrease in Hemp Fibers's year-by-year exports was explained primarily by a decrease in exports to Germany (€-32.8k or -60.6%), Netherlands (€-9.65k or -63.5%), and United Kingdom (€-4.12k or -30.9%). In March 2024, the decrease in Hemp Fibers's year-by-year imports was explained primarily by a decrease in imports from Germany (€-1.92k or -98.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2023 - March 2024)€-148k(-13.8%)
IMPORT GROWTH (March 2023 - March 2024)€-256k(-55.5%)
MAIN DESTINATION (March 2024)France€375k

This section shows Hemp Fibers'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 Hemp Fibers over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$7.89M
IMPORTS (2022)$4.13M
NET TRADE (2022)$3.76M

In 2022, Italy exported $7.89M in Hemp Fibers. The main destinations of Italy exports on Hemp Fibers were France ($1.45M), Germany ($1.05M), Spain ($1.04M), Czechia ($922k), and Luxembourg ($684k).

In 2022, Italy imported $4.13M in Hemp Fibers, mainly from Netherlands ($2.04M), Spain ($1.16M), Slovenia ($300k), Luxembourg ($165k), and China ($102k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hemp Fibers EXPORT MARKETS FOR Italy WERE (2021 - 2022):
Czechia$302k (48.6%)
Portugal$56.1k (11%)
Costa Rica$21.6k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hemp Fibers BY Italy WERE (2021 - 2022):
France-$1.68M (-53.7%)
Germany-$1.14M (-52.2%)
Switzerland-$1.12M (-95.6%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Hemp Fibers were:
Netherlands $14.2M
France $8.66M
In 2022, Italy's main importing competitors in Hemp Fibers were:
Germany $8.11M
Luxembourg $6.74M
France $5.51M

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Trade Value of Hemp Fibers by Exporters

Potential Exports

Potential Exports

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

Hemp Fibers’s highest export potential is N/A. With an export gap of N/A.   Hemp Fibers’s highest import potential is N/A with an import gap of N/A.

See methodology.

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