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2022
Exports $332MWorld Rnk 14 / 172
Flag Rnk 319 / 1217
2022
Destination $9.24M Germany
2021 - 2022
FASTEST GROWING MARKET $9.24MUnited States
2022
PRODUCT COMPLEXITY IN Glass Fibers0.47Rnk 376 / 1025
2022
Imports $692MWorld Rnk 4 / 223
Flag Rnk 190 / 1215
2022
Origin $23.7M China
2021 - 2022
FASTEST GROWING ORIGIN $23.7MChina
2022
ECONOMIC COMPLEXITY of Italy1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $332M in Glass Fibers, making it the 14th largest exporter of Glass Fibers in the world. At the same year, Glass Fibers was the 319th most exported product in Italy. The main destination of Glass Fibers exports from Italy are: Germany ($47.7M), France ($37.5M), South Korea ($27.3M), United States ($23.6M), and Spain ($21.8M).

The fastest growing export markets for Glass Fibers of Italy between 2021 and 2022 were United States ($9.24M), South Korea ($8.98M), and Germany ($7.33M).

Imports In 2022, Italy imported $692M in Glass Fibers, becoming the 4th largest importer of Glass Fibers in the world. At the same year, Glass Fibers was the 190th most imported product in Italy. Italy imports Glass Fibers primarily from: China ($96.5M), Germany ($71.3M), France ($70.6M), Belgium ($44.4M), and Czechia ($44M).

The fastest growing import markets in Glass Fibers for Italy between 2021 and 2022 were China ($23.7M), France ($12.2M), and Malaysia ($10M).

COMPANIES In 2023, leading companies such as Pirelli Tires (5) and Euromarket Designs (2) were at the forefront of shipping Glass Fibers from Italy to the United States.

Latest Trends

July 2024

About

Overview In July 2024 Italy's Glass Fibers exports accounted up to €22.9M and imports accounted up to €40.3M, resulting in a negative trade balance of €17.4M. Between July 2023 and July 2024 the exports of Italy's   Glass Fibers have increased by €2.08M (10%) from €20.8M to €22.9M, while imports increased by €367k (0.92%) from €39.9M to €40.3M.

Destinations In July 2024, Glass Fibers were exported mostly to Germany (€4.04M), France (€2.69M), Spain (€1.77M), United States (€1.63M), and United Kingdom (€1.48M), and were imported mostly from Belgium (€4.78M), France (€4.6M), China (€3.91M), Germany (€3.66M), and Slovakia (€2.67M).

Growth In July 2024, the increase in Glass Fibers's year-by-year exports was explained primarily by an increase in exports to France (€994k or 37.6%), South Korea (€665k or 30.3%), and Turkey (€592k or 125%). In July 2024, the increase in Glass Fibers's year-by-year imports was explained primarily by an increase in imports from France (€1.81M or 42.7%), Croatia (€1.17M or 147%), and Hungary (€985k or 98.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)€2.08M(10%)
IMPORT GROWTH (July 2023 - July 2024)€367k(0.92%)
MAIN DESTINATION (July 2024)Germany€4.04M

This section shows Glass Fibers'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 Glass Fibers over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$332M
IMPORTS (2022)$692M
NET TRADE (2022)-$360M

In 2022, Italy exported $332M in Glass Fibers. The main destinations of Italy exports on Glass Fibers were Germany ($47.7M), France ($37.5M), South Korea ($27.3M), United States ($23.6M), and Spain ($21.8M).

In 2022, Italy imported $692M in Glass Fibers, mainly from China ($96.5M), Germany ($71.3M), France ($70.6M), Belgium ($44.4M), and Czechia ($44M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Glass Fibers EXPORT MARKETS FOR Italy WERE (2021 - 2022):
United States$9.24M (64.3%)
South Korea$8.98M (49.2%)
Germany$7.33M (18.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Glass Fibers BY Italy WERE (2021 - 2022):
France-$6.08M (-13.9%)
Hungary-$2.47M (-20.2%)
Russia-$1.82M (-59.2%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Glass Fibers were:
China $3.7B
United States $1.32B
Germany $1.06B
In 2022, Italy's main importing competitors in Glass Fibers were:
United States $1.98B
Germany $1.43B
France $745M

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Trade Value of Glass Fibers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $17.4M
TOP IMPORT POTENTIALChina+ $30M

Glass Fibers’s highest export potential is France. With an export gap of $17.4M.   Glass Fibers’s highest import potential is China with an import gap of $30M.

See methodology.

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