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Pricing

2022
Exports $361MWorld Rnk 2 / 165
Flag Rnk 79 / 96
2022
Destination $16M China
2021 - 2022
FASTEST GROWING MARKET $16MChina
2022
PRODUCT COMPLEXITY IN Furskins, articifial fur, & articles-0.18Rnk 610 / 1025
2022
Imports $150MWorld Rnk 7 / 191
Flag Rnk 93 / 96
2022
Origin $5.44M Spain
2021 - 2022
FASTEST GROWING ORIGIN $5.44MRussia
2022
ECONOMIC COMPLEXITY of Italy1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $361M in Furskins, articifial fur, & articles, making it the 2nd largest exporter of Furskins, articifial fur, & articles in the world. At the same year, Furskins, articifial fur, & articles was the 79th most exported product in Italy. The main destination of Furskins, articifial fur, & articles exports from Italy are: China ($52.6M), France ($43.4M), United States ($42M), South Korea ($33.4M), and Switzerland ($19.1M).

The fastest growing export markets for Furskins, articifial fur, & articles of Italy between 2021 and 2022 were China ($16M), United States ($15.7M), and Kuwait ($4.26M).

Imports In 2022, Italy imported $150M in Furskins, articifial fur, & articles, becoming the 7th largest importer of Furskins, articifial fur, & articles in the world. At the same year, Furskins, articifial fur, & articles was the 93rd most imported product in Italy. Italy imports Furskins, articifial fur, & articles primarily from: Spain ($24.3M), Greece ($17.2M), Turkey ($15.6M), Russia ($14.3M), and China ($14M).

The fastest growing import markets in Furskins, articifial fur, & articles for Italy between 2021 and 2022 were Russia ($5.44M), Greece ($4.83M), and Spain ($3.8M).

COMPANIES In 2023, leading companies such as Giorgio Armani (3) were at the forefront of shipping Furskins, articifial fur, & articles from Italy to the United States.

Latest Trends

March 2024

About

Overview In March 2024 Italy's Furskins, articifial fur, & articles exports accounted up to €13.7M and imports accounted up to €9.88M, resulting in a positive trade balance of €3.82M. Between March 2023 and March 2024 the exports of Italy's   Furskins, articifial fur, & articles have decreased by €-3.52M (-20.5%) from €17.2M to €13.7M, while imports decreased by €-1.57M (-13.7%) from €11.4M to €9.88M.

Destinations In March 2024, Furskins, articifial fur, & articles were exported mostly to France (€4.13M), South Korea (€1.43M), Japan (€903k), United States (€865k), and China (€696k), and were imported mostly from Spain (€3.97M), France (€1.46M), China (€1.42M), Switzerland (€1.13M), and Germany (€712k).

Growth In March 2024, the decrease in Furskins, articifial fur, & articles's year-by-year exports was explained primarily by a decrease in exports to China (€-4.23M or -70.4%), Russia (€-643k or -95%), and United States (€-464k or -23.1%). In March 2024, the decrease in Furskins, articifial fur, & articles's year-by-year imports was explained primarily by a decrease in imports from Denmark (€-667k or -94.8%), Greece (€-385k or -20.1%), and Germany (€-311k or -70.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2023 - March 2024)€-3.52M(-20.5%)
IMPORT GROWTH (March 2023 - March 2024)€-1.57M(-13.7%)
MAIN DESTINATION (March 2024)France€4.13M

This section shows Furskins, articifial fur, & articles'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 Furskins, articifial fur, & articles over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$361M
IMPORTS (2022)$150M
NET TRADE (2022)$211M

In 2022, Italy exported $361M in Furskins, articifial fur, & articles. The main destinations of Italy exports on Furskins, articifial fur, & articles were China ($52.6M), France ($43.4M), United States ($42M), South Korea ($33.4M), and Switzerland ($19.1M).

In 2022, Italy imported $150M in Furskins, articifial fur, & articles, mainly from Spain ($24.3M), Greece ($17.2M), Turkey ($15.6M), Russia ($14.3M), and China ($14M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Furskins, articifial fur, & articles EXPORT MARKETS FOR Italy WERE (2021 - 2022):
China$16M (43.7%)
United States$15.7M (59.7%)
Kuwait$4.26M (686%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Furskins, articifial fur, & articles BY Italy WERE (2021 - 2022):
Russia-$20.2M (-87.9%)
Ukraine-$1.36M (-55.5%)
Romania-$1.24M (-23.2%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Furskins, articifial fur, & articles were:
China $1.47B
Finland $255M
In 2022, Italy's main importing competitors in Furskins, articifial fur, & articles were:
Russia $827M
China $450M
South Korea $279M

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Trade Value of Furskins, articifial fur, & articles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALRussia+ $3.55M
TOP IMPORT POTENTIALChina+ $5.28M

Furskins, articifial fur, & articles’s highest export potential is Russia. With an export gap of $3.55M.   Furskins, articifial fur, & articles’s highest import potential is China with an import gap of $5.28M.

See methodology.

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