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2022
Exports $89.1MWorld Rnk 32 / 160
Flag Rnk 598 / 1217
2022
Destination $4.79M Greece
2021 - 2022
FASTEST GROWING MARKET $4.79MSpain
2022
PRODUCT COMPLEXITY IN Corn-1.16Rnk 869 / 1025
2022
Imports $2.05BWorld Rnk 9 / 212
Flag Rnk 65 / 1215
2022
Origin $219M Hungary
2021 - 2022
FASTEST GROWING ORIGIN $219MBrazil
2022
ECONOMIC COMPLEXITY of Italy1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $89.1M in Corn, making it the 32nd largest exporter of Corn in the world. At the same year, Corn was the 598th most exported product in Italy. The main destination of Corn exports from Italy are: Greece ($12.9M), Spain ($11.2M), Austria ($9.08M), France ($7.77M), and Belgium ($6.4M).

The fastest growing export markets for Corn of Italy between 2021 and 2022 were Spain ($4.79M), Austria ($3.79M), and Belarus ($1.47M).

Imports In 2022, Italy imported $2.05B in Corn, becoming the 9th largest importer of Corn in the world. At the same year, Corn was the 65th most imported product in Italy. Italy imports Corn primarily from: Hungary ($333M), Ukraine ($327M), Brazil ($244M), Croatia ($243M), and Romania ($184M).

The fastest growing import markets in Corn for Italy between 2021 and 2022 were Brazil ($219M), Ukraine ($123M), and Romania ($93.8M).

Latest Trends

September 2024

About

Overview In September 2024 Italy's Corn exports accounted up to €3.79M and imports accounted up to €77.8M, resulting in a negative trade balance of €74M. Between September 2023 and September 2024 the exports of Italy's   Corn have increased by €1.81M (91.2%) from €1.98M to €3.79M, while imports decreased by €-26M (-25.1%) from €104M to €77.8M.

Destinations In September 2024, Corn were exported mostly to Austria (€2.23M), Spain (€917k), Belgium (€208k), Switzerland (€149k), and Hungary (€143k), and were imported mostly from Slovenia (€25.2M), Ukraine (€14.7M), Hungary (€9.78M), Croatia (€9.61M), and Brazil (€6.99M).

Growth In September 2024, the increase in Corn's year-by-year exports was explained primarily by an increase in exports to France (€1.52M or 301%), Hungary (€854k or 471%), and Bulgaria (€254k or 20.1k%). In September 2024, the decrease in Corn's year-by-year imports was explained primarily by a decrease in imports from Hungary (€-9.17M or -37.5%), Croatia (€-4.24M or -35.8%), and Austria (€-830k or -12%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)€1.81M(91.2%)
IMPORT GROWTH (September 2023 - September 2024)€-26M(-25.1%)
MAIN DESTINATION (September 2024)Austria€2.23M

This section shows Corn'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 Corn over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$89.1M
IMPORTS (2022)$2.05B
NET TRADE (2022)-$1.96B

In 2022, Italy exported $89.1M in Corn. The main destinations of Italy exports on Corn were Greece ($12.9M), Spain ($11.2M), Austria ($9.08M), France ($7.77M), and Belgium ($6.4M).

In 2022, Italy imported $2.05B in Corn, mainly from Hungary ($333M), Ukraine ($327M), Brazil ($244M), Croatia ($243M), and Romania ($184M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Corn EXPORT MARKETS FOR Italy WERE (2021 - 2022):
Spain$4.79M (74.5%)
Austria$3.79M (71.6%)
Belarus$1.47M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Corn BY Italy WERE (2021 - 2022):
Turkey-$7.36M (-55.9%)
France-$2.91M (-27.2%)
Romania-$2.36M (-28.3%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Corn were:
United States $19.3B
Brazil $12.4B
Argentina $9.79B
In 2022, Italy's main importing competitors in Corn were:
China $6.81B
Mexico $5.38B
Japan $5.12B

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Trade Value of Corn by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSpain+ $6.03M
TOP IMPORT POTENTIALBrazil+ $82.8M

Corn’s highest export potential is Spain. With an export gap of $6.03M.   Corn’s highest import potential is Brazil with an import gap of $82.8M.

See methodology.

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