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2022
Exports $141MWorld Rnk 2 / 149
Flag Rnk 500 / 1217
2022
Destination $9.5M Germany
2021 - 2022
FASTEST GROWING MARKET $9.5MGermany
2022
PRODUCT COMPLEXITY IN Cereal Meal and Pellets-1.07Rnk 850 / 1025
2022
Imports $13.3MWorld Rnk 30 / 211
Flag Rnk 979 / 1215
2022
Origin $867k Hungary
2021 - 2022
FASTEST GROWING ORIGIN $867kHungary
2022
ECONOMIC COMPLEXITY of Italy1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $141M in Cereal Meal and Pellets, making it the 2nd largest exporter of Cereal Meal and Pellets in the world. At the same year, Cereal Meal and Pellets was the 500th most exported product in Italy. The main destination of Cereal Meal and Pellets exports from Italy are: Germany ($34.1M), Saudi Arabia ($17.2M), France ($13.1M), Israel ($10.8M), and United Kingdom ($8.09M).

The fastest growing export markets for Cereal Meal and Pellets of Italy between 2021 and 2022 were Germany ($9.5M), Saudi Arabia ($2.56M), and United States ($2.35M).

Imports In 2022, Italy imported $13.3M in Cereal Meal and Pellets, becoming the 30th largest importer of Cereal Meal and Pellets in the world. At the same year, Cereal Meal and Pellets was the 979th most imported product in Italy. Italy imports Cereal Meal and Pellets primarily from: Hungary ($3.47M), Greece ($1.76M), Finland ($1.46M), Poland ($1.43M), and Slovenia ($803k).

The fastest growing import markets in Cereal Meal and Pellets for Italy between 2021 and 2022 were Hungary ($867k), Greece ($799k), and United Kingdom ($131k).

COMPANIES In 2023, leading companies such as Prime Line Coffee (8) were at the forefront of shipping Cereal Meal and Pellets from Italy to the United States.

Latest Trends

March 2024

About

Overview In March 2024 Italy's Cereal Meal and Pellets exports accounted up to €8.72M and imports accounted up to €1.51M, resulting in a positive trade balance of €7.21M. Between March 2023 and March 2024 the exports of Italy's   Cereal Meal and Pellets have decreased by €-2.45M (-21.9%) from €11.2M to €8.72M, while imports increased by €790k (110%) from €716k to €1.51M.

Destinations In March 2024, Cereal Meal and Pellets were exported mostly to Germany (€1.99M), France (€1.7M), United Kingdom (€604k), Belgium (€582k), and Israel (€516k), and were imported mostly from N/A.

Growth In March 2024, the decrease in Cereal Meal and Pellets's year-by-year exports was explained primarily by a decrease in exports to Sweden (€-92.1k or -32.3%), Spain (€-78.6k or -30.4%), and Romania (€-66.5k or -46.1%). In March 2024, the increase in Cereal Meal and Pellets's year-by-year imports was explained primarily by an increase in imports from Slovenia (€64.4k or 69.9%), Austria (€29.9k or 128%), and Romania (€1.65k or 440%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2023 - March 2024)€-2.45M(-21.9%)
IMPORT GROWTH (March 2023 - March 2024)€790k(110%)
MAIN DESTINATION (March 2024)Germany€1.99M

This section shows Cereal Meal and Pellets'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 Cereal Meal and Pellets over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$141M
IMPORTS (2022)$13.3M
NET TRADE (2022)$128M

In 2022, Italy exported $141M in Cereal Meal and Pellets. The main destinations of Italy exports on Cereal Meal and Pellets were Germany ($34.1M), Saudi Arabia ($17.2M), France ($13.1M), Israel ($10.8M), and United Kingdom ($8.09M).

In 2022, Italy imported $13.3M in Cereal Meal and Pellets, mainly from Hungary ($3.47M), Greece ($1.76M), Finland ($1.46M), Poland ($1.43M), and Slovenia ($803k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cereal Meal and Pellets EXPORT MARKETS FOR Italy WERE (2021 - 2022):
Germany$9.5M (38.6%)
Saudi Arabia$2.56M (17.4%)
United States$2.35M (131%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cereal Meal and Pellets BY Italy WERE (2021 - 2022):
France-$1.17M (-8.2%)
Mali-$846k (-82%)
Senegal-$697k (-54.4%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Cereal Meal and Pellets were:
Canada $220M
Turkey $124M
In 2022, Italy's main importing competitors in Cereal Meal and Pellets were:
United States $256M
Malaysia $137M
Germany $86.1M

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Trade Value of Cereal Meal and Pellets by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $3.01M
TOP IMPORT POTENTIALFrance+ $411k

Cereal Meal and Pellets’s highest export potential is United States. With an export gap of $3.01M.   Cereal Meal and Pellets’s highest import potential is France with an import gap of $411k.

See methodology.

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