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2022
Exports $440MWorld Rnk 1 / 121
Flag Rnk 263 / 1217
2022
Destination $9.9M Spain
2021 - 2022
FASTEST GROWING MARKET $9.9MFrance
2022
PRODUCT COMPLEXITY IN Carded Wool or Animal Hair Fabric0.58Rnk 333 / 1025
2022
Imports $23.9MWorld Rnk 12 / 161
Flag Rnk 889 / 1215
2022
Origin $1.09M United Kingdom
2021 - 2022
FASTEST GROWING ORIGIN $1.09MChina
2022
ECONOMIC COMPLEXITY of Italy1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $440M 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 263rd most exported product in Italy. The main destination of Carded Wool or Animal Hair Fabric exports from Italy are: Spain ($55.5M), France ($50.3M), Romania ($47.8M), China ($32.4M), and South Korea ($29.4M).

The fastest growing export markets for Carded Wool or Animal Hair Fabric of Italy between 2021 and 2022 were France ($9.9M), Romania ($9.68M), and Turkey ($8.92M).

Imports In 2022, Italy imported $23.9M in Carded Wool or Animal Hair Fabric, becoming the 12th largest importer of Carded Wool or Animal Hair Fabric in the world. At the same year, Carded Wool or Animal Hair Fabric was the 889th most imported product in Italy. Italy imports Carded Wool or Animal Hair Fabric primarily from: United Kingdom ($6.47M), Slovakia ($4.01M), Denmark ($2.13M), China ($1.91M), and Germany ($1.11M).

The fastest growing import markets in Carded Wool or Animal Hair Fabric for Italy between 2021 and 2022 were China ($1.09M), Ireland ($512k), and Portugal ($414k).

Latest Trends

July 2024

About

Overview In July 2024 Italy's Carded Wool or Animal Hair Fabric exports accounted up to €43.8M and imports accounted up to €236k, resulting in a positive trade balance of €43.5M. Between July 2023 and July 2024 the exports of Italy's   Carded Wool or Animal Hair Fabric have decreased by €-3.01M (-6.43%) from €46.8M to €43.8M, while imports decreased by €-4.35k (-1.81%) from €240k to €236k.

Destinations In July 2024, Carded Wool or Animal Hair Fabric were exported mostly to Spain (€11.2M), China (€5M), Morocco (€4.67M), South Korea (€4.3M), and Romania (€4.19M), and were imported mostly from China (€168k) and Turkey (€23.5k).

Growth In July 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 July 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 (July 2023 - July 2024)€-3.01M(-6.43%)
IMPORT GROWTH (July 2023 - July 2024)€-4.35k(-1.81%)
MAIN DESTINATION (July 2024)Spain€11.2M

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 (2022)$440M
IMPORTS (2022)$23.9M
NET TRADE (2022)$416M

In 2022, Italy exported $440M in Carded Wool or Animal Hair Fabric. The main destinations of Italy exports on Carded Wool or Animal Hair Fabric were Spain ($55.5M), France ($50.3M), Romania ($47.8M), China ($32.4M), and South Korea ($29.4M).

In 2022, Italy imported $23.9M in Carded Wool or Animal Hair Fabric, mainly from United Kingdom ($6.47M), Slovakia ($4.01M), Denmark ($2.13M), China ($1.91M), and Germany ($1.11M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Carded Wool or Animal Hair Fabric EXPORT MARKETS FOR Italy WERE (2021 - 2022):
France$9.9M (24.5%)
Romania$9.68M (25.4%)
Turkey$8.92M (47.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Carded Wool or Animal Hair Fabric BY Italy WERE (2021 - 2022):
Russia-$2.1M (-58%)
Bosnia and Herzegovina-$1.34M (-57.6%)
Portugal-$992k (-5.78%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Carded Wool or Animal Hair Fabric were:
China $111M
United Kingdom $92.8M
In 2022, Italy's main importing competitors in Carded Wool or Animal Hair Fabric were:
China $88.5M
Morocco $72.1M
France $61.3M

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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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