Fish oil in Italy | The Observatory of Economic Complexity

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 2022, 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).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Fish oil from Italy to the United States.

Latest Trends

December 2023

About

Overview In December 2023 Italy's Fish oil exports accounted up to €30.2k and imports accounted up to €1.49M, resulting in a negative trade balance of €1.46M. Between December 2022 and December 2023 the exports of Italy's Fish oil have decreased by €-16.4k (-35.2%) from €46.6k to €30.2k, while imports decreased by €-680k (-31.4%) from €2.17M to €1.49M.

Destinations In December 2023, Fish oil were exported mostly to Spain (€14.3k), France (€12.8k), Romania (€1.44k), Germany (€1.13k), and Croatia (€383), and were imported mostly from France (€746k), Spain (€421k), Poland (€211k), Netherlands (€107k), and Slovenia (€2.48k).

Growth In December 2023, 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 December 2023, the decrease in Fish oil's year-by-year imports was explained primarily by a decrease in imports from France (€-771k or -87.3%), Germany (€-14.8k or -73.6%), and Belgium (€-10.3k or -9.39%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (December 2022 - December 2023)€-16.4k(-35.2%)

IMPORT GROWTH (December 2022 - December 2023)€-680k(-31.4%)

MAIN DESTINATION (December 2023)Spain€14.3k

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

Trade Value

Growth

Growth (%)

Year

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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