Grape wines nes, fortified wine or must, pack Italy | The Observatory of Economic Complexity

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Exports In 2022, Italy exported $5.55B in Grape wines nes, fortified wine or must, pack < 2l, making it the 2nd largest exporter of Grape wines nes, fortified wine or must, pack < 2l in the world. At the same year, Grape wines nes, fortified wine or must, pack < 2l was the 6th most exported product in Italy. The main destination of Grape wines nes, fortified wine or must, pack < 2l exports from Italy are: United States ($1.41B), Germany ($911M), United Kingdom ($425M), Canada ($380M), and Switzerland ($347M).

The fastest growing export markets for Grape wines nes, fortified wine or must, pack < 2l of Italy between 2021 and 2022 were Japan ($21.1M), France ($9.94M), and Mexico ($6.87M).

Imports In 2022, Italy imported $119M in Grape wines nes, fortified wine or must, pack < 2l, becoming the 31st largest importer of Grape wines nes, fortified wine or must, pack < 2l in the world. At the same year, Grape wines nes, fortified wine or must, pack < 2l was the 839th most imported product in Italy. Italy imports Grape wines nes, fortified wine or must, pack < 2l primarily from: France ($60.3M), Spain ($9.69M), Portugal ($9.67M), United Arab Emirates ($7.55M), and Germany ($6.57M).

The fastest growing import markets in Grape wines nes, fortified wine or must, pack < 2l for Italy between 2021 and 2022 were United Arab Emirates ($7.48M), France ($7.28M), and United Kingdom ($1.28M).

COMPANIES In 2023, leading companies such as CNH Industrial (4.79k), IKEA Group (2.86k), and Valbruna Stainless (2.05k) were at the forefront of shipping Grape wines nes, fortified wine or must, pack < 2l from Italy to the United States.

Latest Trends

March 2024

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Overview In March 2024 Italy's Grape wines nes, fortified wine or must, pack < 2l exports accounted up to €463M and imports accounted up to €11.9M, resulting in a positive trade balance of €451M. Between March 2023 and March 2024 the exports of Italy's Grape wines nes, fortified wine or must, pack < 2l have decreased by €-28.8M (-5.87%) from €491M to €463M, while imports increased by €1.46M (14%) from €10.5M to €11.9M.

Destinations In March 2024, Grape wines nes, fortified wine or must, pack < 2l were exported mostly to United States (€130M), Germany (€72.6M), United Kingdom (€34.3M), Switzerland (€30.1M), and Canada (€27.7M), and were imported mostly from France (€8.45M), Switzerland (€1.04M), Spain (€1.02M), Germany (€429k), and United Kingdom (€384k).

Growth In March 2024, the decrease in Grape wines nes, fortified wine or must, pack < 2l's year-by-year exports was explained primarily by a decrease in exports to Canada (€-8.2M or -29.1%), Japan (€-3.19M or -33.7%), and China (€-2.27M or -40.6%). In March 2024, the increase in Grape wines nes, fortified wine or must, pack < 2l's year-by-year imports was explained primarily by an increase in imports from France (€1.24M or 41%), Spain (€434k or 124%), and United Kingdom (€174k or 868%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (March 2023 - March 2024)€-28.8M(-5.87%)

IMPORT GROWTH (March 2023 - March 2024)€1.46M(14%)

MAIN DESTINATION (March 2024)United States€130M

This section shows Grape wines nes, fortified wine or must, pack < 2l'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 Grape wines nes, fortified wine or must, pack < 2l over time.

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