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Pricing

2022
Exports $287MWorld Rnk 3 / 197
Flag Rnk 347 / 1217
2022
Destination $2.03M Germany
2021 - 2022
FASTEST GROWING MARKET $2.03MTurkey
2022
PRODUCT COMPLEXITY IN Other Headwear0.5Rnk 367 / 1025
2022
Imports $239MWorld Rnk 5 / 225
Flag Rnk 401 / 1215
2022
Origin $23M China
2021 - 2022
FASTEST GROWING ORIGIN $23MChina
2022
ECONOMIC COMPLEXITY of Italy1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $287M in Other Headwear, making it the 3rd largest exporter of Other Headwear in the world. At the same year, Other Headwear was the 347th most exported product in Italy. The main destination of Other Headwear exports from Italy are: Germany ($52.1M), France ($29M), United States ($25.9M), Spain ($17.6M), and United Kingdom ($14M).

The fastest growing export markets for Other Headwear of Italy between 2021 and 2022 were Turkey ($2.03M), Austria ($980k), and Denmark ($759k).

Imports In 2022, Italy imported $239M in Other Headwear, becoming the 5th largest importer of Other Headwear in the world. At the same year, Other Headwear was the 401st most imported product in Italy. Italy imports Other Headwear primarily from: China ($114M), France ($26.7M), Germany ($20.7M), Spain ($16.6M), and Netherlands ($11.2M).

The fastest growing import markets in Other Headwear for Italy between 2021 and 2022 were China ($23M), Greece ($7.44M), and Netherlands ($3.53M).

Latest Trends

March 2024

About

Overview In March 2024 Italy's Other Headwear exports accounted up to €23.7M and imports accounted up to €19.6M, resulting in a positive trade balance of €4.14M. Between March 2023 and March 2024 the exports of Italy's   Other Headwear have decreased by €-1.49M (-5.9%) from €25.2M to €23.7M, while imports increased by €6.09M (45.2%) from €13.5M to €19.6M.

Destinations In March 2024, Other Headwear were exported mostly to Germany (€5.7M), France (€2.77M), Spain (€1.75M), United Kingdom (€1.34M), and United States (€1.22M), and were imported mostly from China (€8.38M), Germany (€3.26M), Netherlands (€3.15M), France (€2.06M), and Spain (€1.09M).

Growth In March 2024, the decrease in Other Headwear's year-by-year exports was explained primarily by a decrease in exports to United States (€-451k or -27%), Poland (€-389k or -48%), and France (€-281k or -11.1%). In March 2024, the increase in Other Headwear's year-by-year imports was explained primarily by an increase in imports from Germany (€718k or 54.6%), Greece (€542k or 66.2%), and Vietnam (€453k or 191%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2023 - March 2024)€-1.49M(-5.9%)
IMPORT GROWTH (March 2023 - March 2024)€6.09M(45.2%)
MAIN DESTINATION (March 2024)Germany€5.7M

This section shows Other Headwear'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 Headwear over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$287M
IMPORTS (2022)$239M
NET TRADE (2022)$47.7M

In 2022, Italy exported $287M in Other Headwear. The main destinations of Italy exports on Other Headwear were Germany ($52.1M), France ($29M), United States ($25.9M), Spain ($17.6M), and United Kingdom ($14M).

In 2022, Italy imported $239M in Other Headwear, mainly from China ($114M), France ($26.7M), Germany ($20.7M), Spain ($16.6M), and Netherlands ($11.2M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Headwear EXPORT MARKETS FOR Italy WERE (2021 - 2022):
Turkey$2.03M (86.7%)
Austria$980k (13.5%)
Denmark$759k (20.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Headwear BY Italy WERE (2021 - 2022):
France-$4.63M (-13.7%)
Netherlands-$3.57M (-22.5%)
United Kingdom-$3.52M (-20.1%)
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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 Headwear were:
China $2.77B
Germany $313M
In 2022, Italy's main importing competitors in Other Headwear were:
United States $889M
Germany $534M
France $395M

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Trade Value of Other Headwear by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $10.6M
TOP IMPORT POTENTIALFrance+ $5.66M

Other Headwear’s highest export potential is France. With an export gap of $10.6M.   Other Headwear’s highest import potential is France with an import gap of $5.66M.

See methodology.

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