2022
Exports
$410MWorld Rnk 8 / 145
Flag Rnk 276 / 1217
2022
PRODUCT COMPLEXITY IN Carboxylic Acids
0.82Rnk 239 / 1025
2022
Imports
$532MWorld Rnk 7 / 203
Flag Rnk 226 / 1215
2022
ECONOMIC COMPLEXITY of Italy
1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $410M in Carboxylic Acids, making it the 8th largest exporter of Carboxylic Acids in the world. At the same year, Carboxylic Acids was the 276th most exported product in Italy. The main destination of Carboxylic Acids exports from Italy are: Germany ($85.8M), India ($37.7M), United States ($37.3M), Spain ($25.5M), and France ($22.7M).

The fastest growing export markets for Carboxylic Acids of Italy between 2021 and 2022 were Luxembourg ($7.91M), Spain ($5.87M), and India ($4.87M).

Imports In 2022, Italy imported $532M in Carboxylic Acids, becoming the 7th largest importer of Carboxylic Acids in the world. At the same year, Carboxylic Acids was the 226th most imported product in Italy. Italy imports Carboxylic Acids primarily from: China ($107M), India ($96.9M), Germany ($57M), Belgium ($42.9M), and United States ($30M).

The fastest growing import markets in Carboxylic Acids for Italy between 2021 and 2022 were China ($33M), Germany ($20.9M), and Austria ($11.3M).

COMPANIES In 2023, leading companies such as Red Bull (11) were at the forefront of shipping Carboxylic Acids from Italy to the United States.

Latest Trends

March 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2023 - March 2024)€-3.78M(-10.8%)
IMPORT GROWTH (March 2023 - March 2024)€-18.2M(-42.6%)
MAIN DESTINATION (March 2024)Germany€9.51M

This section shows Carboxylic Acids'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 Carboxylic Acids over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$410M
IMPORTS (2022)$532M
NET TRADE (2022)-$122M

In 2022, Italy exported $410M in Carboxylic Acids. The main destinations of Italy exports on Carboxylic Acids were Germany ($85.8M), India ($37.7M), United States ($37.3M), Spain ($25.5M), and France ($22.7M).

In 2022, Italy imported $532M in Carboxylic Acids, mainly from China ($107M), India ($96.9M), Germany ($57M), Belgium ($42.9M), and United States ($30M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Carboxylic Acids EXPORT MARKETS FOR Italy WERE (2021 - 2022):
Luxembourg$7.91M (6.12k%)
Spain$5.87M (29.9%)
India$4.87M (14.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Carboxylic Acids BY Italy WERE (2021 - 2022):
Germany-$8.73M (-9.24%)
Turkey-$8.56M (-47.4%)
Russia-$8.09M (-80.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Carboxylic Acids were:
China $5.45B
India $776M
In 2022, Italy's main importing competitors in Carboxylic Acids were:

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Trade Value of Carboxylic Acids by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $15.7M
TOP IMPORT POTENTIALChina+ $29.6M

Carboxylic Acids’s highest export potential is United States. With an export gap of $15.7M.   Carboxylic Acids’s highest import potential is China with an import gap of $29.6M.

See methodology.

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