Hot-Rolled Stainless Steel Bars in Italy | The Observatory of Economic Complexity

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Exports In 2022, Italy exported $413M in Hot-Rolled Stainless Steel Bars, making it the 2nd largest exporter of Hot-Rolled Stainless Steel Bars in the world. At the same year, Hot-Rolled Stainless Steel Bars was the 274th most exported product in Italy. The main destination of Hot-Rolled Stainless Steel Bars exports from Italy are: Switzerland ($158M), Germany ($53.2M), United States ($52M), China ($32.8M), and Czechia ($29.5M).

The fastest growing export markets for Hot-Rolled Stainless Steel Bars of Italy between 2021 and 2022 were United States ($32.1M), Switzerland ($24.2M), and Mexico ($12.8M).

Imports In 2022, Italy imported $427M in Hot-Rolled Stainless Steel Bars, becoming the 1st largest importer of Hot-Rolled Stainless Steel Bars in the world. At the same year, Hot-Rolled Stainless Steel Bars was the 270th most imported product in Italy. Italy imports Hot-Rolled Stainless Steel Bars primarily from: Spain ($149M), France ($120M), India ($64M), United Kingdom ($22.6M), and Sweden ($18M).

The fastest growing import markets in Hot-Rolled Stainless Steel Bars for Italy between 2021 and 2022 were Spain ($33.2M), India ($32.9M), and United Kingdom ($8.74M).

COMPANIES In 2023, leading companies such as VALBRUNA STAINLESS INC. (3) were at the forefront of shipping Hot-Rolled Stainless Steel Bars from Italy to the United States.

Latest Trends

December 2023

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Overview In December 2023 Italy's Hot-Rolled Stainless Steel Bars exports accounted up to €11.2M and imports accounted up to €8.46M, resulting in a positive trade balance of €2.7M. Between December 2022 and December 2023 the exports of Italy's Hot-Rolled Stainless Steel Bars have decreased by €-10.3M (-48%) from €21.5M to €11.2M, while imports decreased by €-6.9M (-44.9%) from €15.4M to €8.46M.

Destinations In December 2023, Hot-Rolled Stainless Steel Bars were exported mostly to Switzerland (€3.55M), United States (€2.17M), China (€1.31M), Mexico (€760k), and France (€633k), and were imported mostly from France (€4.58M), Spain (€2.18M), Indonesia (€668k), Taiwan (€315k), and United Kingdom (€245k).

Growth In December 2023, the decrease in Hot-Rolled Stainless Steel Bars's year-by-year exports was explained primarily by a decrease in exports to Switzerland (€-3.54M or -25.8%), Mexico (€-2.03M or -72.1%), and France (€-1.85M or -79%). In December 2023, the decrease in Hot-Rolled Stainless Steel Bars's year-by-year imports was explained primarily by a decrease in imports from Spain (€-6.1M or -44.6%), China (€-2.59M or -64.5%), and Sweden (€-847k or -89.1%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (December 2022 - December 2023)€-10.3M(-48%)

IMPORT GROWTH (December 2022 - December 2023)€-6.9M(-44.9%)

MAIN DESTINATION (December 2023)Switzerland€3.55M

This section shows Hot-Rolled Stainless Steel Bars'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 Hot-Rolled Stainless Steel Bars over time.

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