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2022
Exports $66.8MWorld Rnk 2 / 123
Flag Rnk 650 / 1217
2022
Destination $11.4M Spain
2021 - 2022
FASTEST GROWING MARKET $11.4MSpain
2022
Imports $18.7MWorld Rnk 8 / 207
Flag Rnk 932 / 1215
2022
Origin $1.28M Germany
2021 - 2022
FASTEST GROWING ORIGIN $1.28MSpain
2022
ECONOMIC COMPLEXITY of Italy1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $66.8M in Unvulcanised Rubber Products, making it the 2nd largest exporter of Unvulcanised Rubber Products in the world. At the same year, Unvulcanised Rubber Products was the 650th most exported product in Italy. The main destination of Unvulcanised Rubber Products exports from Italy are: Spain ($16.7M), Poland ($7.6M), France ($6.75M), Serbia ($4.59M), and Portugal ($3.23M).

The fastest growing export markets for Unvulcanised Rubber Products of Italy between 2021 and 2022 were Spain ($11.4M), Poland ($3.03M), and Serbia ($2.21M).

Imports In 2022, Italy imported $18.7M in Unvulcanised Rubber Products, becoming the 8th largest importer of Unvulcanised Rubber Products in the world. At the same year, Unvulcanised Rubber Products was the 932nd most imported product in Italy. Italy imports Unvulcanised Rubber Products primarily from: Germany ($6.16M), France ($5.95M), Spain ($1.57M), Austria ($1.1M), and Belgium ($943k).

The fastest growing import markets in Unvulcanised Rubber Products for Italy between 2021 and 2022 were Spain ($1.28M), Germany ($536k), and France ($463k).

COMPANIES In 2023, leading companies such as Pirelli Tires (68) were at the forefront of shipping Unvulcanised Rubber Products from Italy to the United States.

Latest Trends

March 2024

About

Overview In March 2024 Italy's Unvulcanised Rubber Products exports accounted up to €4.61M and imports accounted up to €1.28M, resulting in a positive trade balance of €3.32M. Between March 2023 and March 2024 the exports of Italy's   Unvulcanised Rubber Products have decreased by €-742k (-13.9%) from €5.35M to €4.61M, while imports decreased by €-298k (-18.9%) from €1.58M to €1.28M.

Destinations In March 2024, Unvulcanised Rubber Products were exported mostly to Spain (€1.1M), Serbia (€692k), France (€668k), Poland (€554k), and Germany (€369k), and were imported mostly from Germany (€362k), France (€294k), Austria (€170k), Poland (€162k), and Spain (€93.8k).

Growth In March 2024, the decrease in Unvulcanised Rubber Products's year-by-year exports was explained primarily by a decrease in exports to Germany (€-185k or -21.3%), Portugal (€-154k or -54.4%), and Turkey (€-147k or -95.8%). In March 2024, the decrease in Unvulcanised Rubber Products's year-by-year imports was explained primarily by a decrease in imports from Belgium (€-264k or -97.7%), France (€-183k or -26.9%), and China (€-55.1k or -71.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2023 - March 2024)€-742k(-13.9%)
IMPORT GROWTH (March 2023 - March 2024)€-298k(-18.9%)
MAIN DESTINATION (March 2024)Spain€1.1M

This section shows Unvulcanised Rubber Products'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 Unvulcanised Rubber Products over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$66.8M
IMPORTS (2022)$18.7M
NET TRADE (2022)$48.1M

In 2022, Italy exported $66.8M in Unvulcanised Rubber Products. The main destinations of Italy exports on Unvulcanised Rubber Products were Spain ($16.7M), Poland ($7.6M), France ($6.75M), Serbia ($4.59M), and Portugal ($3.23M).

In 2022, Italy imported $18.7M in Unvulcanised Rubber Products, mainly from Germany ($6.16M), France ($5.95M), Spain ($1.57M), Austria ($1.1M), and Belgium ($943k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Unvulcanised Rubber Products EXPORT MARKETS FOR Italy WERE (2021 - 2022):
Spain$11.4M (213%)
Poland$3.03M (66.3%)
Serbia$2.21M (92.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Unvulcanised Rubber Products BY Italy WERE (2021 - 2022):
Germany-$7.59M (-78.4%)
South Africa-$484k (-25.1%)
Russia-$331k (-74.4%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Unvulcanised Rubber Products were:
Germany $67.8M
United States $65.7M
In 2022, Italy's main importing competitors in Unvulcanised Rubber Products were:
Germany $31.8M
United States $30.2M
France $28.4M

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Trade Value of Unvulcanised Rubber Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $825k
TOP IMPORT POTENTIALAustria+ $437k

Unvulcanised Rubber Products’s highest export potential is France. With an export gap of $825k.   Unvulcanised Rubber Products’s highest import potential is Austria with an import gap of $437k.

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