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2022
Exports $7.16MWorld Rnk 39 / 118
Flag Rnk 1008 / 1217
2022
Destination $1.99M China
2021 - 2022
FASTEST GROWING MARKET $1.99MChina
2022
PRODUCT COMPLEXITY IN Fish oil-1.83Rnk 985 / 1025
2022
Imports $36MWorld Rnk 19 / 171
Flag Rnk 815 / 1215
2022
Origin $2.76M France
2021 - 2022
FASTEST GROWING ORIGIN $2.76MSpain
2022
ECONOMIC COMPLEXITY of Italy1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $7.16M in Fish oil, making it the 39th largest exporter of Fish oil in the world. At the same year, Fish oil was the 1008th most exported product in Italy. The main destination of Fish oil exports from Italy are: China ($3.79M), Sri Lanka ($1.78M), Spain ($570k), Greece ($231k), and Germany ($204k).

The fastest growing export markets for Fish oil of Italy between 2021 and 2022 were China ($1.99M), Sri Lanka ($289k), and Spain ($280k).

Imports In 2018, Italy imported $36M in Fish oil, becoming the 19th largest importer of Fish oil in the world. At the same year, Fish oil was the 815th most imported product in Italy. Italy imports Fish oil primarily from: France ($9.11M), Spain ($8.02M), Norway ($5.24M), Poland ($3.4M), and Germany ($2.06M).

The fastest growing import markets in Fish oil for Italy between 2021 and 2022 were Spain ($2.76M), Norway ($2.07M), and Poland ($711k).

Latest Trends

August 2024

About

Overview In August 2024 Italy's Fish oil exports accounted up to €16.5k and imports accounted up to €3.53M, resulting in a negative trade balance of €3.51M. Between August 2023 and August 2024 the exports of Italy's   Fish oil have decreased by €-2.36k (-12.5%) from €18.8k to €16.5k, while imports increased by €946k (36.6%) from €2.58M to €3.53M.

Destinations In August 2024, Fish oil were exported mostly to Germany (€14.4k), Croatia (€1.59k), Spain (€154), Austria (€116), and Romania (€40), and were imported mostly from France (€1.13M), Spain (€999k), China (€513k), Poland (€512k), and Netherlands (€246k).

Growth In August 2024, the decrease in Fish oil's year-by-year exports was explained primarily by a decrease in exports to Spain (€-199k or -98.7%) and Germany (€-208 or -57.9%). In August 2024, the increase in Fish oil's year-by-year imports was explained primarily by an increase in imports from Netherlands (€285k or 248%), Spain (€224k or 49%), and Poland (€2.17k or 0.98%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)€-2.36k(-12.5%)
IMPORT GROWTH (August 2023 - August 2024)€946k(36.6%)
MAIN DESTINATION (August 2024)Germany€14.4k

This section shows Fish oil'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 Fish oil over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$7.16M
IMPORTS (2022)$36M
NET TRADE (2022)-$28.9M

In 2022, Italy exported $7.16M in Fish oil. The main destinations of Italy exports on Fish oil were China ($3.79M), Sri Lanka ($1.78M), Spain ($570k), Greece ($231k), and Germany ($204k).

In 2022, Italy imported $36M in Fish oil, mainly from France ($9.11M), Spain ($8.02M), Norway ($5.24M), Poland ($3.4M), and Germany ($2.06M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Fish oil EXPORT MARKETS FOR Italy WERE (2021 - 2022):
China$1.99M (111%)
Sri Lanka$289k (19.5%)
Spain$280k (96.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Fish oil BY Italy WERE (2021 - 2022):
Serbia-$757k (-92.6%)
France-$520k (-88.6%)
Egypt-$247k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Fish oil were:
Peru $556M
Norway $253M
Chile $249M
In 2022, Italy's main importing competitors in Fish oil were:
Norway $563M
China $258M
Denmark $232M

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Trade Value of Fish oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $271k
TOP IMPORT POTENTIALDenmark+ $687k

Fish oil’s highest export potential is China. With an export gap of $271k.   Fish oil’s highest import potential is Denmark with an import gap of $687k.

See methodology.

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