2022
Exports
$88.2MWorld Rnk 4 / 194
Flag Rnk 599 / 1217
2022
PRODUCT COMPLEXITY IN Cutlery Sets
-0.066Rnk 570 / 1025
2022
Imports
$84.9MWorld Rnk 9 / 218
Flag Rnk 628 / 1215
2022
ECONOMIC COMPLEXITY of Italy
1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $88.2M in Cutlery Sets, making it the 4th largest exporter of Cutlery Sets in the world. At the same year, Cutlery Sets was the 599th most exported product in Italy. The main destination of Cutlery Sets exports from Italy are: United States ($12.6M), France ($10.7M), Germany ($7.04M), Spain ($6.15M), and South Korea ($4.66M).

The fastest growing export markets for Cutlery Sets of Italy between 2021 and 2022 were United States ($2.5M), Qatar ($1.7M), and South Korea ($836k).

Imports In 2022, Italy imported $84.9M in Cutlery Sets, becoming the 9th largest importer of Cutlery Sets in the world. At the same year, Cutlery Sets was the 628th most imported product in Italy. Italy imports Cutlery Sets primarily from: Vietnam ($31.2M), China ($30M), Germany ($6.07M), France ($4.56M), and Belgium ($3.28M).

The fastest growing import markets in Cutlery Sets for Italy between 2021 and 2022 were Vietnam ($23.3M), China ($5.6M), and Belgium ($1.06M).

COMPANIES In 2023, leading companies such as ALDI Grocery Stores (8) and Euromarket Designs (1) were at the forefront of shipping Cutlery Sets from Italy to the United States.

Latest Trends

March 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2023 - March 2024)€-1.33M(-19.7%)
IMPORT GROWTH (March 2023 - March 2024)€-4.97M(-51.9%)
MAIN DESTINATION (March 2024)France€1.23M

This section shows Cutlery Sets'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 Cutlery Sets over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$88.2M
IMPORTS (2022)$84.9M
NET TRADE (2022)$3.27M

In 2022, Italy exported $88.2M in Cutlery Sets. The main destinations of Italy exports on Cutlery Sets were United States ($12.6M), France ($10.7M), Germany ($7.04M), Spain ($6.15M), and South Korea ($4.66M).

In 2022, Italy imported $84.9M in Cutlery Sets, mainly from Vietnam ($31.2M), China ($30M), Germany ($6.07M), France ($4.56M), and Belgium ($3.28M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cutlery Sets EXPORT MARKETS FOR Italy WERE (2021 - 2022):
United States$2.5M (24.7%)
Qatar$1.7M (225%)
South Korea$836k (21.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cutlery Sets BY Italy WERE (2021 - 2022):
Russia-$2.83M (-71.9%)
Germany-$1.67M (-19.2%)
Saudi Arabia-$878k (-48.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Cutlery Sets were:
In 2022, Italy's main importing competitors in Cutlery Sets were:

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Trade Value of Cutlery Sets by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.96M
TOP IMPORT POTENTIALChina+ $5.43M

Cutlery Sets’s highest export potential is United States. With an export gap of $2.96M.   Cutlery Sets’s highest import potential is China with an import gap of $5.43M.

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