Corn in Italy | The Observatory of Economic Complexity

About

Exports In 2023, Italy exported $92.5M in Corn, making it the 29th largest exporter of Corn in the world. At the same year, Corn was the 583rd most exported product in Italy. The main destination of Corn exports from Italy are: France ($14.9M), Spain ($12.2M), Greece ($11.9M), Romania ($10.1M), and Hungary ($6.96M).

The fastest growing export markets for Corn of Italy between 2022 and 2023 were France ($9.23M), Romania ($4.86M), and Israel ($1.55M).

Imports In 2023, Italy imported $1.96B in Corn, becoming the 7th largest importer of Corn in the world. At the same year, Corn was the 70th most imported product in Italy. Italy imports Corn primarily from: Ukraine ($527M), Slovenia ($329M), Hungary ($204M), Croatia ($155M), and France ($143M).

The fastest growing import markets in Corn for Italy between 2022 and 2023 were Ukraine ($139M), Slovenia ($121M), and Serbia ($22.8M).

Latest Trends

October 2024

About

Overview In October 2024 Italy's Corn exports accounted up to €9.09M and imports accounted up to €186M, resulting in a negative trade balance of €176M. Between October 2023 and October 2024 the exports of Italy's Corn have increased by €2.05M (29.2%) from €7.04M to €9.09M, while imports increased by €51.3M (38.2%) from €134M to €186M.

Destinations In October 2024, Corn were exported mostly to Austria (€4M), Romania (€1.51M), France (€1.11M), Serbia (€700k), and Bulgaria (€484k), and were imported mostly from Ukraine (€58.5M), Slovenia (€33.6M), Croatia (€25.2M), Brazil (€18.4M), and Austria (€14.1M).

Growth In October 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 October 2024, the increase in Corn's year-by-year imports was explained primarily by an increase in imports from Ukraine (€27.5M or 49.7%), Romania (€8.93M or 199%), and Slovenia (€8.28M or 73%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (October 2023 - October 2024)€2.05M(29.2%)

IMPORT GROWTH (October 2023 - October 2024)€51.3M(38.2%)

MAIN DESTINATION (October 2024)Austria€4M

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

Trade Value

Growth

Growth (%)

Year

EXPORTS (2023)$92.5M

IMPORTS (2023)$1.96B

NET TRADE (2023)-$1.87B

In 2023, Italy exported $92.5M in Corn. The main destinations of Italy exports on Corn were France ($14.9M), Spain ($12.2M), Greece ($11.9M), Romania ($10.1M), and Hungary ($6.96M).

In 2023, Italy imported $1.96B in Corn, mainly from Ukraine ($527M), Slovenia ($329M), Hungary ($204M), Croatia ($155M), and France ($143M).

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