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2023
Exports $482MWorld Rnk 1 / 124
Flag Rnk 245 / 1216
2023
Destination $14.1M France
2022 - 2023
FASTEST GROWING MARKET $14.1MMorocco
2023
PRODUCT COMPLEXITY IN Carded Wool or Animal Hair Fabric0.59Rnk 332 / 1025
2023
Imports $39MWorld Rnk 9 / 162
Flag Rnk 797 / 1213
2023
Origin $5.34M United Kingdom
2022 - 2023
FASTEST GROWING ORIGIN $5.34MSlovakia
2023
ECONOMIC COMPLEXITY of Italy1.29Rnk 18 / 132

About

Exports In 2023, Italy exported $482M in Carded Wool or Animal Hair Fabric, making it the 1st largest exporter of Carded Wool or Animal Hair Fabric in the world. At the same year, Carded Wool or Animal Hair Fabric was the 245th most exported product in Italy. The main destination of Carded Wool or Animal Hair Fabric exports from Italy are: France ($63.9M), Spain ($56M), Romania ($49.6M), Morocco ($37.8M), and South Korea ($33.1M).

The fastest growing export markets for Carded Wool or Animal Hair Fabric of Italy between 2022 and 2023 were Morocco ($14.1M), France ($3.08M), and Spain ($2.73M).

Imports In 2023, Italy imported $39M in Carded Wool or Animal Hair Fabric, becoming the 9th largest importer of Carded Wool or Animal Hair Fabric in the world. At the same year, Carded Wool or Animal Hair Fabric was the 797th most imported product in Italy. Italy imports Carded Wool or Animal Hair Fabric primarily from: United Kingdom ($9.47M), Slovakia ($9.26M), Denmark ($5.89M), China ($4.44M), and Norway ($1.47M).

The fastest growing import markets in Carded Wool or Animal Hair Fabric for Italy between 2022 and 2023 were Slovakia ($5.34M), Denmark ($3.64M), and United Kingdom ($2.93M).

Latest Trends

November 2024

About

Overview In November 2024 Italy's Carded Wool or Animal Hair Fabric exports accounted up to €11.3M and imports accounted up to €102k, resulting in a positive trade balance of €11.2M. Between November 2023 and November 2024 the exports of Italy's   Carded Wool or Animal Hair Fabric have decreased by €-1.5M (-11.7%) from €12.8M to €11.3M, while imports decreased by €-303k (-74.9%) from €405k to €102k.

Destinations In November 2024, Carded Wool or Animal Hair Fabric were exported mostly to Spain (€5.68M), China (€877k), Hong Kong (€668k), Germany (€656k), and Morocco (€586k), and were imported mostly from China (€84.4k) and Turkey (€15.8k).

Growth In November 2024, the decrease in Carded Wool or Animal Hair Fabric's year-by-year exports was explained primarily by a decrease in exports to Turkey (€-139k or -34.4%), China (€-68.4k or -20.6%), and Poland (€-29.6k or -7.05%). In November 2024, the decrease in Carded Wool or Animal Hair Fabric's year-by-year imports was explained primarily by a decrease in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)€-1.5M(-11.7%)
IMPORT GROWTH (October 2023 - November 2024)€-303k(-74.9%)
MAIN DESTINATION (November 2024)Spain€5.68M

This section shows Carded Wool or Animal Hair Fabric'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 Carded Wool or Animal Hair Fabric over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$482M
IMPORTS (2023)$39M
NET TRADE (2023)$443M

In 2023, Italy exported $482M in Carded Wool or Animal Hair Fabric. The main destinations of Italy exports on Carded Wool or Animal Hair Fabric were France ($63.9M), Spain ($56M), Romania ($49.6M), Morocco ($37.8M), and South Korea ($33.1M).

In 2023, Italy imported $39M in Carded Wool or Animal Hair Fabric, mainly from United Kingdom ($9.47M), Slovakia ($9.26M), Denmark ($5.89M), China ($4.44M), and Norway ($1.47M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Carded Wool or Animal Hair Fabric EXPORT MARKETS FOR Italy WERE (2022 - 2023):
Morocco$14.1M (59.1%)
France$3.08M (5.06%)
Spain$2.73M (5.14%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Carded Wool or Animal Hair Fabric BY Italy WERE (2022 - 2023):
China-$4.41M (-13.6%)
United Kingdom-$2.35M (-24.3%)
Bulgaria-$2.22M (-24.4%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Italy's main exporting competitors in Carded Wool or Animal Hair Fabric were:
China $119M
United Kingdom $79.5M
In 2023, Italy's main importing competitors in Carded Wool or Animal Hair Fabric were:
France $80.9M
China $72.8M
Spain $62.1M

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Trade Value of Carded Wool or Animal Hair Fabric by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.17M
TOP IMPORT POTENTIALChina+ $722k

Carded Wool or Animal Hair Fabric’s highest export potential is United States. With an export gap of $2.17M.   Carded Wool or Animal Hair Fabric’s highest import potential is China with an import gap of $722k.

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