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Pricing

2022
Exports $85.8MWorld Rnk 2 / 86
Flag Rnk 608 / 1217
2022
Destination $4.02M Germany
2021 - 2022
FASTEST GROWING MARKET $4.02MBelarus
2022
PRODUCT COMPLEXITY IN Gimp Yarn0.54Rnk 354 / 1025
2022
Imports $72.4MWorld Rnk 1 / 161
Flag Rnk 679 / 1215
2022
Origin $5.54M Serbia
2021 - 2022
FASTEST GROWING ORIGIN $5.54MChina
2022
ECONOMIC COMPLEXITY of Italy1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $85.8M in Gimp Yarn, making it the 2nd largest exporter of Gimp Yarn in the world. At the same year, Gimp Yarn was the 608th most exported product in Italy. The main destination of Gimp Yarn exports from Italy are: Germany ($10.3M), France ($7.15M), Spain ($6.88M), China ($5.56M), and Switzerland ($5.53M).

The fastest growing export markets for Gimp Yarn of Italy between 2021 and 2022 were Belarus ($4.02M), France ($2.35M), and Belgium ($1.43M).

Imports In 2022, Italy imported $72.4M in Gimp Yarn, becoming the 1st largest importer of Gimp Yarn in the world. At the same year, Gimp Yarn was the 679th most imported product in Italy. Italy imports Gimp Yarn primarily from: Serbia ($14.5M), Croatia ($10.5M), China ($10.1M), France ($8.58M), and Romania ($7.6M).

The fastest growing import markets in Gimp Yarn for Italy between 2021 and 2022 were China ($5.54M), Serbia ($5.3M), and Croatia ($2.77M).

Latest Trends

March 2024

About

Overview In March 2024 Italy's Gimp Yarn exports accounted up to €4.42M and imports accounted up to €2.94M, resulting in a positive trade balance of €1.48M. Between March 2023 and March 2024 the exports of Italy's   Gimp Yarn have decreased by €-233k (-5.01%) from €4.65M to €4.42M, while imports decreased by €-2.44M (-45.4%) from €5.38M to €2.94M.

Destinations In March 2024, Gimp Yarn were exported mostly to Germany (€923k), France (€512k), China (€494k), Spain (€452k), and Switzerland (€338k), and were imported mostly from Romania (€1.79M), Turkey (€442k), China (€392k), Japan (€175k), and Germany (€123k).

Growth In March 2024, the decrease in Gimp Yarn's year-by-year exports was explained primarily by a decrease in exports to Turkey (€-358k or -61.5%), China (€-198k or -53%), and Portugal (€-193k or -47.7%). In March 2024, the decrease in Gimp Yarn's year-by-year imports was explained primarily by a decrease in imports from Turkey (€-281k or -54.3%) and Germany (€-18k or -17.9%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2023 - March 2024)€-233k(-5.01%)
IMPORT GROWTH (March 2023 - March 2024)€-2.44M(-45.4%)
MAIN DESTINATION (March 2024)Germany€923k

This section shows Gimp Yarn'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 Gimp Yarn over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$85.8M
IMPORTS (2022)$72.4M
NET TRADE (2022)$13.4M

In 2022, Italy exported $85.8M in Gimp Yarn. The main destinations of Italy exports on Gimp Yarn were Germany ($10.3M), France ($7.15M), Spain ($6.88M), China ($5.56M), and Switzerland ($5.53M).

In 2022, Italy imported $72.4M in Gimp Yarn, mainly from Serbia ($14.5M), Croatia ($10.5M), China ($10.1M), France ($8.58M), and Romania ($7.6M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Gimp Yarn EXPORT MARKETS FOR Italy WERE (2021 - 2022):
Belarus$4.02M (280%)
France$2.35M (48.9%)
Belgium$1.43M (73.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Gimp Yarn BY Italy WERE (2021 - 2022):
Spain-$2.67M (-28%)
Germany-$845k (-7.61%)
Serbia-$615k (-19.2%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Gimp Yarn were:
China $228M
Turkey $59.4M
In 2022, Italy's main importing competitors in Gimp Yarn were:
United States $53.4M
Bangladesh $52.7M

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Trade Value of Gimp Yarn by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.2M
TOP IMPORT POTENTIALChina+ $1.76M

Gimp Yarn’s highest export potential is United States. With an export gap of $1.2M.   Gimp Yarn’s highest import potential is China with an import gap of $1.76M.

See methodology.

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