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Pricing

2022
Exports $6.38MWorld Rnk 6 / 87
Flag Rnk 1018 / 1217
2022
Destination $374k Turkey
2021 - 2022
FASTEST GROWING MARKET $374kTurkey
2022
PRODUCT COMPLEXITY IN Animal Hair-2.14Rnk 1005 / 1025
2022
Imports $373MWorld Rnk 1 / 102
Flag Rnk 299 / 1215
2022
Origin $35.8M China
2021 - 2022
FASTEST GROWING ORIGIN $35.8MMongolia
2022
ECONOMIC COMPLEXITY of Italy1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $6.38M in Animal Hair, making it the 6th largest exporter of Animal Hair in the world. At the same year, Animal Hair was the 1018th most exported product in Italy. The main destination of Animal Hair exports from Italy are: Turkey ($1.54M), Hungary ($916k), United Kingdom ($912k), Egypt ($549k), and Romania ($390k).

The fastest growing export markets for Animal Hair of Italy between 2021 and 2022 were Turkey ($374k), United States ($115k), and Norway ($95.3k).

Imports In 2022, Italy imported $373M in Animal Hair, becoming the 1st largest importer of Animal Hair in the world. At the same year, Animal Hair was the 299th most imported product in Italy. Italy imports Animal Hair primarily from: China ($275M), Mongolia ($70.2M), United Kingdom ($9.84M), Peru ($4.45M), and Germany ($2.81M).

The fastest growing import markets in Animal Hair for Italy between 2021 and 2022 were Mongolia ($35.8M), China ($32.9M), and Peru ($3.63M).

Latest Trends

March 2024

About

Overview In March 2024 Italy's Animal Hair exports accounted up to €1.95M and imports accounted up to €29.1M, resulting in a negative trade balance of €27.1M. Between March 2023 and March 2024 the exports of Italy's   Animal Hair have increased by €1.03M (111%) from €926k to €1.95M, while imports decreased by €-13.7M (-32.1%) from €42.8M to €29.1M.

Destinations In March 2024, Animal Hair were exported mostly to United Kingdom (€1.15M), Turkey (€397k), Hungary (€315k), Poland (€55k), and Egypt (€26.8k), and were imported mostly from China (€22.1M), Mongolia (€5.85M), France (€516k), South Africa (€229k), and Peru (€203k).

Growth In March 2024, the increase in Animal Hair's year-by-year exports was explained primarily by an increase in exports to United Kingdom (€126k or 54.5%), Poland (€12.9k or 1.39k%), and France (€6.09k or 262%). In March 2024, the decrease in Animal Hair's year-by-year imports was explained primarily by a decrease in imports from Germany (€-1.44M or -96.5%) and Argentina (€-93.4k or -28.3%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2023 - March 2024)€1.03M(111%)
IMPORT GROWTH (March 2023 - March 2024)€-13.7M(-32.1%)
MAIN DESTINATION (March 2024)United Kingdom€1.15M

This section shows Animal Hair'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 Animal Hair over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$6.38M
IMPORTS (2022)$373M
NET TRADE (2022)-$366M

In 2022, Italy exported $6.38M in Animal Hair. The main destinations of Italy exports on Animal Hair were Turkey ($1.54M), Hungary ($916k), United Kingdom ($912k), Egypt ($549k), and Romania ($390k).

In 2022, Italy imported $373M in Animal Hair, mainly from China ($275M), Mongolia ($70.2M), United Kingdom ($9.84M), Peru ($4.45M), and Germany ($2.81M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Animal Hair EXPORT MARKETS FOR Italy WERE (2021 - 2022):
Turkey$374k (32%)
United States$115k (92%)
Norway$95.3k (1.99k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Animal Hair BY Italy WERE (2021 - 2022):
United Kingdom-$7.17M (-88.7%)
Egypt-$326k (-37.3%)
Germany-$235k (-38.9%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Animal Hair were:
Mongolia $430M
China $304M
United Kingdom $12.4M
In 2022, Italy's main importing competitors in Animal Hair were:
China $365M
South Africa $15.5M

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Trade Value of Animal Hair by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $86k
TOP IMPORT POTENTIALFrance+ $156k

Animal Hair’s highest export potential is United States. With an export gap of $86k.   Animal Hair’s highest import potential is France with an import gap of $156k.

See methodology.

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