2022
Exports
$3.5BWorld Rnk 3 / 210
Flag Rnk 37 / 1217
2022
PRODUCT COMPLEXITY IN Baked Goods
-0.32Rnk 655 / 1025
2022
Imports
$1.15BWorld Rnk 8 / 226
Flag Rnk 119 / 1215
2022
ECONOMIC COMPLEXITY of Italy
1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $3.5B in Baked Goods, making it the 3rd largest exporter of Baked Goods in the world. At the same year, Baked Goods was the 37th most exported product in Italy. The main destination of Baked Goods exports from Italy are: France ($518M), Germany ($464M), United States ($383M), United Kingdom ($256M), and Spain ($188M).

The fastest growing export markets for Baked Goods of Italy between 2021 and 2022 were United States ($55.5M), Poland ($16.1M), and Kuwait ($14.8M).

Imports In 2022, Italy imported $1.15B in Baked Goods, becoming the 8th largest importer of Baked Goods in the world. At the same year, Baked Goods was the 119th most imported product in Italy. Italy imports Baked Goods primarily from: Germany ($332M), France ($201M), Austria ($150M), Spain ($115M), and Belgium ($91.6M).

The fastest growing import markets in Baked Goods for Italy between 2021 and 2022 were Poland ($18.2M), Germany ($16.4M), and Belgium ($14.7M).

COMPANIES In 2023, leading companies such as Prime Line Coffee (162), Costco Wholesale (143), and ALDI Grocery Stores (80) were at the forefront of shipping Baked Goods from Italy to the United States.

Latest Trends

July 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)€64.9M(23.6%)
IMPORT GROWTH (July 2023 - July 2024)€5.33M(5.56%)
MAIN DESTINATION (July 2024)France€51.5M

This section shows Baked Goods'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 Baked Goods over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$3.5B
IMPORTS (2022)$1.15B
NET TRADE (2022)$2.36B

In 2022, Italy exported $3.5B in Baked Goods. The main destinations of Italy exports on Baked Goods were France ($518M), Germany ($464M), United States ($383M), United Kingdom ($256M), and Spain ($188M).

In 2022, Italy imported $1.15B in Baked Goods, mainly from Germany ($332M), France ($201M), Austria ($150M), Spain ($115M), and Belgium ($91.6M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Baked Goods EXPORT MARKETS FOR Italy WERE (2021 - 2022):
United States$55.5M (17%)
Poland$16.1M (22%)
Kuwait$14.8M (165%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Baked Goods BY Italy WERE (2021 - 2022):
Germany-$24.6M (-5.02%)
France-$16.6M (-3.1%)
Russia-$9.9M (-31%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Baked Goods were:
Germany $4.92B
Canada $4.75B
In 2022, Italy's main importing competitors in Baked Goods were:

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Trade Value of Baked Goods by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $113M
TOP IMPORT POTENTIALFrance+ $59.9M

Baked Goods’s highest export potential is United States. With an export gap of $113M.   Baked Goods’s highest import potential is France with an import gap of $59.9M.

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