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2022
Exports $214MWorld Rnk 23 / 120
Flag Rnk 412 / 1217
2022
Destination $10.2M Poland
2021 - 2022
FASTEST GROWING MARKET $10.2MPoland
2022
PRODUCT COMPLEXITY IN Flat Flat-Rolled Steel1.38Rnk 72 / 1025
2022
Imports $2.38BWorld Rnk 3 / 201
Flag Rnk 50 / 1215
2022
Origin $139M Germany
2021 - 2022
FASTEST GROWING ORIGIN $139MChina
2022
ECONOMIC COMPLEXITY of Italy1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $214M in Flat Flat-Rolled Steel, making it the 23rd largest exporter of Flat Flat-Rolled Steel in the world. At the same year, Flat Flat-Rolled Steel was the 412th most exported product in Italy. The main destination of Flat Flat-Rolled Steel exports from Italy are: Poland ($30.8M), Germany ($24.6M), Spain ($24.2M), France ($22.6M), and Slovenia ($18.1M).

The fastest growing export markets for Flat Flat-Rolled Steel of Italy between 2021 and 2022 were Poland ($10.2M), Slovenia ($9.04M), and France ($7.03M).

Imports In 2022, Italy imported $2.38B in Flat Flat-Rolled Steel, becoming the 3rd largest importer of Flat Flat-Rolled Steel in the world. At the same year, Flat Flat-Rolled Steel was the 50th most imported product in Italy. Italy imports Flat Flat-Rolled Steel primarily from: Germany ($449M), China ($351M), Austria ($261M), France ($173M), and Sweden ($127M).

The fastest growing import markets in Flat Flat-Rolled Steel for Italy between 2021 and 2022 were China ($139M), Russia ($83.8M), and Vietnam ($59.8M).

Latest Trends

March 2024

About

Overview In March 2024 Italy's Flat Flat-Rolled Steel exports accounted up to €10.4M and imports accounted up to €106M, resulting in a negative trade balance of €95.7M. Between March 2023 and March 2024 the exports of Italy's   Flat Flat-Rolled Steel have decreased by €-3.81M (-26.7%) from €14.2M to €10.4M, while imports decreased by €-57M (-34.9%) from €163M to €106M.

Destinations In March 2024, Flat Flat-Rolled Steel were exported mostly to Poland (€2.9M), Spain (€1.32M), France (€1.14M), Slovenia (€970k), and Germany (€679k), and were imported mostly from Germany (€28.6M), Austria (€14.5M), Sweden (€13.3M), China (€10.6M), and Spain (€8.84M).

Growth In March 2024, the decrease in Flat Flat-Rolled Steel's year-by-year exports was explained primarily by a decrease in exports to Poland (€-1.9M or -70.6%), Germany (€-1.53M or -55.4%), and Spain (€-744k or -38.7%). In March 2024, the decrease in Flat Flat-Rolled Steel's year-by-year imports was explained primarily by a decrease in imports from China (€-13.3M or -17.4%), Spain (€-7.48M or -67.1%), and South Korea (€-6.02M or -74.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2023 - March 2024)€-3.81M(-26.7%)
IMPORT GROWTH (March 2023 - March 2024)€-57M(-34.9%)
MAIN DESTINATION (March 2024)Poland€2.9M

This section shows Flat Flat-Rolled Steel'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 Flat Flat-Rolled Steel over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$214M
IMPORTS (2022)$2.38B
NET TRADE (2022)-$2.17B

In 2022, Italy exported $214M in Flat Flat-Rolled Steel. The main destinations of Italy exports on Flat Flat-Rolled Steel were Poland ($30.8M), Germany ($24.6M), Spain ($24.2M), France ($22.6M), and Slovenia ($18.1M).

In 2022, Italy imported $2.38B in Flat Flat-Rolled Steel, mainly from Germany ($449M), China ($351M), Austria ($261M), France ($173M), and Sweden ($127M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Flat Flat-Rolled Steel EXPORT MARKETS FOR Italy WERE (2021 - 2022):
Poland$10.2M (49.4%)
Slovenia$9.04M (99.8%)
France$7.03M (45.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Flat Flat-Rolled Steel BY Italy WERE (2021 - 2022):
Turkey-$7.15M (-57.8%)
India-$5.1M (-73%)
Germany-$4.79M (-16.3%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Flat Flat-Rolled Steel were:
Japan $6.3B
China $5.89B
Germany $3.91B
In 2022, Italy's main importing competitors in Flat Flat-Rolled Steel were:
Mexico $2.75B
Germany $2.58B

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Trade Value of Flat Flat-Rolled Steel by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $13.1M
TOP IMPORT POTENTIALFrance+ $68.5M

Flat Flat-Rolled Steel’s highest export potential is France. With an export gap of $13.1M.   Flat Flat-Rolled Steel’s highest import potential is France with an import gap of $68.5M.

See methodology.

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