Vegetable Tanning Extracts in Italy | The Observatory of Economic Complexity

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Exports In 2022, Italy exported $26.9M in Vegetable Tanning Extracts, making it the 5th largest exporter of Vegetable Tanning Extracts in the world. At the same year, Vegetable Tanning Extracts was the 817th most exported product in Italy. The main destination of Vegetable Tanning Extracts exports from Italy are: France ($3.76M), Spain ($3.12M), United States ($2.82M), China ($1.92M), and Argentina ($1.38M).

The fastest growing export markets for Vegetable Tanning Extracts of Italy between 2021 and 2022 were Portugal ($269k), Turkey ($195k), and Chinese Taipei ($188k).

Imports In 2022, Italy imported $44.7M in Vegetable Tanning Extracts, becoming the 2nd largest importer of Vegetable Tanning Extracts in the world. At the same year, Vegetable Tanning Extracts was the 765th most imported product in Italy. Italy imports Vegetable Tanning Extracts primarily from: Argentina ($16.9M), Slovenia ($7.08M), South Africa ($5.42M), Brazil ($3.14M), and France ($2.76M).

The fastest growing import markets in Vegetable Tanning Extracts for Italy between 2021 and 2022 were Argentina ($12.4M), South Africa ($1.04M), and India ($522k).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Vegetable Tanning Extracts from Italy to the United States.

Latest Trends

December 2023

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Overview In December 2023 Italy's Vegetable Tanning Extracts exports accounted up to €1.4M and imports accounted up to €651k, resulting in a positive trade balance of €752k. Between December 2022 and December 2023 the exports of Italy's Vegetable Tanning Extracts have increased by €368k (35.5%) from €1.04M to €1.4M, while imports decreased by €-2.22M (-77.3%) from €2.87M to €651k.

Destinations In December 2023, Vegetable Tanning Extracts were exported mostly to Mexico (€267k), France (€228k), United States (€214k), Argentina (€110k), and Australia (€61k), and were imported mostly from Slovenia (€377k), Indonesia (€161k), France (€63.3k), Belgium (€30.1k), and United Kingdom (€12.1k).

Growth In December 2023, the increase in Vegetable Tanning Extracts's year-by-year exports was explained primarily by an increase in exports to Spain (€176k or 36.8%), Switzerland (€44.2k or 350%), and Germany (€10.1k or 30.9%). In December 2023, the decrease in Vegetable Tanning Extracts's year-by-year imports was explained primarily by a decrease in imports from Argentina (€-413k or -16%), Belgium (€-127k or -76%), and Slovenia (€-101k or -21.1%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (December 2022 - December 2023)€368k(35.5%)

IMPORT GROWTH (December 2022 - December 2023)€-2.22M(-77.3%)

MAIN DESTINATION (December 2023)Mexico€267k

This section shows Vegetable Tanning Extracts'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 Vegetable Tanning Extracts over time.

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