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2023
Exports $1.02BWorld Rnk 1 / 129
Flag Rnk 140 / 1216
2023
Destination $30.3M China
2022 - 2023
FASTEST GROWING MARKET $30.3MChina
2023
PRODUCT COMPLEXITY IN Combed Wool or Animal Hair Fabric0.46Rnk 379 / 1025
2023
Imports $150MWorld Rnk 2 / 168
Flag Rnk 493 / 1213
2023
Origin $23.1M Czechia
2022 - 2023
FASTEST GROWING ORIGIN $23.1MCzechia
2023
ECONOMIC COMPLEXITY of Italy1.29Rnk 18 / 132

About

Exports In 2023, Italy exported $1.02B in Combed Wool or Animal Hair Fabric, making it the 1st largest exporter of Combed Wool or Animal Hair Fabric in the world. At the same year, Combed Wool or Animal Hair Fabric was the 140th most exported product in Italy. The main destination of Combed Wool or Animal Hair Fabric exports from Italy are: China ($169M), Turkey ($110M), Germany ($75.9M), Japan ($70.2M), and Morocco ($66.5M).

The fastest growing export markets for Combed Wool or Animal Hair Fabric of Italy between 2022 and 2023 were China ($30.3M), Turkey ($21.7M), and Japan ($17.5M).

Imports In 2023, Italy imported $150M in Combed Wool or Animal Hair Fabric, becoming the 2nd largest importer of Combed Wool or Animal Hair Fabric in the world. At the same year, Combed Wool or Animal Hair Fabric was the 493rd most imported product in Italy. Italy imports Combed Wool or Animal Hair Fabric primarily from: Czechia ($90.9M), United Kingdom ($14.9M), Denmark ($9.92M), China ($5.44M), and Japan ($5.34M).

The fastest growing import markets in Combed Wool or Animal Hair Fabric for Italy between 2022 and 2023 were Czechia ($23.1M), Denmark ($6.85M), and United Kingdom ($6.37M).

Latest Trends

November 2024

About

Overview In November 2024 Italy's Combed Wool or Animal Hair Fabric exports accounted up to €42.5M and imports accounted up to €6.09M, resulting in a positive trade balance of €36.4M. Between November 2023 and November 2024 the exports of Italy's   Combed Wool or Animal Hair Fabric have decreased by €-4.65M (-9.87%) from €47.1M to €42.5M, while imports decreased by €-2.96M (-32.7%) from €9.05M to €6.09M.

Destinations In November 2024, Combed Wool or Animal Hair Fabric were exported mostly to China (€9.98M), Germany (€5.32M), Turkey (€4.65M), Portugal (€4.18M), and Japan (€3.21M), and were imported mostly from China (€224k), Indonesia (€201k), and Turkey (€2.43k).

Growth In November 2024, the decrease in Combed Wool or Animal Hair Fabric's year-by-year exports was explained primarily by a decrease in exports to . In November 2024, the decrease in Combed 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)€-4.65M(-9.87%)
IMPORT GROWTH (November 2023 - November 2024)€-2.96M(-32.7%)
MAIN DESTINATION (November 2024)China€9.98M

This section shows Combed 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 Combed Wool or Animal Hair Fabric over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$1.02B
IMPORTS (2023)$150M
NET TRADE (2023)$870M

In 2023, Italy exported $1.02B in Combed Wool or Animal Hair Fabric. The main destinations of Italy exports on Combed Wool or Animal Hair Fabric were China ($169M), Turkey ($110M), Germany ($75.9M), Japan ($70.2M), and Morocco ($66.5M).

In 2023, Italy imported $150M in Combed Wool or Animal Hair Fabric, mainly from Czechia ($90.9M), United Kingdom ($14.9M), Denmark ($9.92M), China ($5.44M), and Japan ($5.34M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Combed Wool or Animal Hair Fabric EXPORT MARKETS FOR Italy WERE (2022 - 2023):
China$30.3M (21.8%)
Turkey$21.7M (24.5%)
Japan$17.5M (33.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Combed Wool or Animal Hair Fabric BY Italy WERE (2022 - 2023):
Indonesia-$4.19M (-33.9%)
United States-$4.09M (-17.9%)
Sri Lanka-$1.92M (-92.7%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Italy's main exporting competitors in Combed Wool or Animal Hair Fabric were:
China $204M
United Kingdom $131M
In 2023, Italy's main importing competitors in Combed Wool or Animal Hair Fabric were:
China $246M
Turkey $145M

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Trade Value of Combed Wool or Animal Hair Fabric by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $3.83M
TOP IMPORT POTENTIALChina+ $2.43M

Combed Wool or Animal Hair Fabric’s highest export potential is France. With an export gap of $3.83M.   Combed Wool or Animal Hair Fabric’s highest import potential is China with an import gap of $2.43M.

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