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2022
Exports $239MWorld Rnk 2 / 195
Flag Rnk 390 / 1217
2022
Destination $11.5M United States
2021 - 2022
FASTEST GROWING MARKET $11.5MUnited States
2022
PRODUCT COMPLEXITY IN Other Knit Clothing Accessories-1.29Rnk 906 / 1025
2022
Imports $74.7MWorld Rnk 11 / 218
Flag Rnk 668 / 1215
2022
Origin $4.9M China
2021 - 2022
FASTEST GROWING ORIGIN $4.9MChina
2022
ECONOMIC COMPLEXITY of Italy1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $239M in Other Knit Clothing Accessories, making it the 2nd largest exporter of Other Knit Clothing Accessories in the world. At the same year, Other Knit Clothing Accessories was the 390th most exported product in Italy. The main destination of Other Knit Clothing Accessories exports from Italy are: United States ($25.2M), France ($21.2M), Hong Kong ($20.5M), United Kingdom ($16.9M), and Macau ($15.6M).

The fastest growing export markets for Other Knit Clothing Accessories of Italy between 2021 and 2022 were United States ($11.5M), United Kingdom ($5.55M), and France ($3.22M).

Imports In 2022, Italy imported $74.7M in Other Knit Clothing Accessories, becoming the 11th largest importer of Other Knit Clothing Accessories in the world. At the same year, Other Knit Clothing Accessories was the 668th most imported product in Italy. Italy imports Other Knit Clothing Accessories primarily from: China ($24.5M), Croatia ($8.57M), Spain ($6.16M), France ($5.83M), and Romania ($5.83M).

The fastest growing import markets in Other Knit Clothing Accessories for Italy between 2021 and 2022 were China ($4.9M), Romania ($1.23M), and Spain ($945k).

Latest Trends

March 2024

About

Overview In March 2024 Italy's Other Knit Clothing Accessories exports accounted up to €10.6M and imports accounted up to €3.88M, resulting in a positive trade balance of €6.76M. Between March 2023 and March 2024 the exports of Italy's   Other Knit Clothing Accessories have decreased by €-3.97M (-27.2%) from €14.6M to €10.6M, while imports increased by €988k (34.2%) from €2.89M to €3.88M.

Destinations In March 2024, Other Knit Clothing Accessories were exported mostly to Hong Kong (€1.35M), South Korea (€1.27M), France (€1.06M), Switzerland (€906k), and China (€848k), and were imported mostly from China (€1.38M), Croatia (€637k), Romania (€436k), Spain (€316k), and France (€295k).

Growth In March 2024, the decrease in Other Knit Clothing Accessories's year-by-year exports was explained primarily by a decrease in exports to Hong Kong (€-1.57M or -59.2%), South Korea (€-1.01M or -61%), and China (€-595k or -63.5%). In March 2024, the increase in Other Knit Clothing Accessories's year-by-year imports was explained primarily by an increase in imports from France (€200k or 61.9%), Germany (€75.2k or 76.6%), and Netherlands (€69k or 74.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2023 - March 2024)€-3.97M(-27.2%)
IMPORT GROWTH (March 2023 - March 2024)€988k(34.2%)
MAIN DESTINATION (March 2024)Hong Kong€1.35M

This section shows Other Knit Clothing Accessories'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 Other Knit Clothing Accessories over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$239M
IMPORTS (2022)$74.7M
NET TRADE (2022)$165M

In 2022, Italy exported $239M in Other Knit Clothing Accessories. The main destinations of Italy exports on Other Knit Clothing Accessories were United States ($25.2M), France ($21.2M), Hong Kong ($20.5M), United Kingdom ($16.9M), and Macau ($15.6M).

In 2022, Italy imported $74.7M in Other Knit Clothing Accessories, mainly from China ($24.5M), Croatia ($8.57M), Spain ($6.16M), France ($5.83M), and Romania ($5.83M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Knit Clothing Accessories EXPORT MARKETS FOR Italy WERE (2021 - 2022):
United States$11.5M (83.5%)
United Kingdom$5.55M (48.8%)
France$3.22M (17.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Knit Clothing Accessories BY Italy WERE (2021 - 2022):
Hong Kong-$33.6M (-62.1%)
Macau-$9.31M (-37.4%)
China-$8.06M (-40.9%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Other Knit Clothing Accessories were:
China $1.94B
Germany $109M
In 2022, Italy's main importing competitors in Other Knit Clothing Accessories were:
United States $489M
Germany $218M
South Korea $166M

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Trade Value of Other Knit Clothing Accessories by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $4.18M
TOP IMPORT POTENTIALChina+ $5.09M

Other Knit Clothing Accessories’s highest export potential is France. With an export gap of $4.18M.   Other Knit Clothing Accessories’s highest import potential is China with an import gap of $5.09M.

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