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2022
Exports $36.2MWorld Rnk 6 / 158
Flag Rnk 758 / 1217
falsefalse France
2022
PRODUCT COMPLEXITY IN Embroidery-0.41Rnk 676 / 1025
2022
Imports $74.4MWorld Rnk 3 / 202
Flag Rnk 670 / 1215
2022
ECONOMIC COMPLEXITY of Italy1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $36.2M in Embroidery, making it the 6th largest exporter of Embroidery in the world. At the same year, Embroidery was the 758th most exported product in Italy. The main destination of Embroidery exports from Italy are: France ($14.9M), Romania ($2.48M), United States ($1.99M), Germany ($1.57M), and Bulgaria ($1.31M).

Imports In 2022, Italy imported $74.4M in Embroidery, becoming the 3rd largest importer of Embroidery in the world. At the same year, Embroidery was the 670th most imported product in Italy. Italy imports Embroidery primarily from: India ($39.8M), China ($17M), France ($5.79M), Turkey ($3.46M), and Switzerland ($1.8M).

The fastest growing import markets in Embroidery for Italy between 2021 and 2022 were India ($11.2M), China ($7.01M), and France ($958k).

Latest Trends

March 2024

About

Overview In March 2024 Italy's Embroidery exports accounted up to €1.82M and imports accounted up to €7.08M, resulting in a negative trade balance of €5.26M. Between March 2023 and March 2024 the exports of Italy's   Embroidery have decreased by €-824k (-31.1%) from €2.65M to €1.82M, while imports decreased by €-550k (-7.2%) from €7.63M to €7.08M.

Destinations In March 2024, Embroidery were exported mostly to France (€1.16M), Germany (€126k), Romania (€119k), Tunisia (€114k), and Portugal (€89.8k), and were imported mostly from Indonesia (€3.89M), China (€2.4M), France (€770k), Germany (€14.6k), and Netherlands (€9.07k).

Growth In March 2024, the decrease in Embroidery's year-by-year exports was explained primarily by a decrease in exports to United States (€-103k or -62.7%) and Tunisia (€-52.6k or -50.9%). In March 2024, the decrease in Embroidery's year-by-year imports was explained primarily by a decrease in imports from China (€-564k or -32.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2023 - March 2024)€-824k(-31.1%)
IMPORT GROWTH (March 2023 - March 2024)€-550k(-7.2%)
MAIN DESTINATION (March 2024)France€1.16M

This section shows Embroidery'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 Embroidery over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$36.2M
IMPORTS (2022)$74.4M
NET TRADE (2022)-$38.2M

In 2022, Italy exported $36.2M in Embroidery. The main destinations of Italy exports on Embroidery were France ($14.9M), Romania ($2.48M), United States ($1.99M), Germany ($1.57M), and Bulgaria ($1.31M).

In 2022, Italy imported $74.4M in Embroidery, mainly from India ($39.8M), China ($17M), France ($5.79M), Turkey ($3.46M), and Switzerland ($1.8M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
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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 Embroidery were:
China $897M
India $164M
Thailand $83.8M
In 2022, Italy's main importing competitors in Embroidery were:
United States $131M
United Arab Emirates $105M

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Trade Value of Embroidery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.04M
TOP IMPORT POTENTIALChina+ $3.59M

Embroidery’s highest export potential is United States. With an export gap of $1.04M.   Embroidery’s highest import potential is China with an import gap of $3.59M.

See methodology.

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