Granite in Italy | The Observatory of Economic Complexity

About

Exports In 2022, Italy exported $64M in Granite, making it the 8th largest exporter of Granite in the world. At the same year, Granite was the 662nd most exported product in Italy. The main destination of Granite exports from Italy are: Germany ($11.9M), Romania ($7.45M), France ($6.69M), Switzerland ($6.51M), and Algeria ($4.83M).

The fastest growing export markets for Granite of Italy between 2021 and 2022 were Algeria ($2.32M), United States ($2.17M), and Romania ($1.63M).

Imports In 2022, Italy imported $177M in Granite, becoming the 2nd largest importer of Granite in the world. At the same year, Granite was the 459th most imported product in Italy. Italy imports Granite primarily from: Brazil ($35.3M), Zimbabwe ($31.7M), India ($28.7M), Mozambique ($23.4M), and South Africa ($13.5M).

The fastest growing import markets in Granite for Italy between 2021 and 2022 were Brazil ($10.3M), Mozambique ($9.17M), and India ($7.92M).

COMPANIES In 2023, leading companies such as Bedrosians Tile & Stone (4) were at the forefront of shipping Granite from Italy to the United States.

Latest Trends

July 2024

About

Overview In July 2024 Italy's Granite exports accounted up to €3.5M and imports accounted up to €5.78M, resulting in a negative trade balance of €2.28M. Between July 2023 and July 2024 the exports of Italy's Granite have decreased by €-1.35M (-27.8%) from €4.85M to €3.5M, while imports decreased by €-7.9M (-57.8%) from €13.7M to €5.78M.

Destinations In July 2024, Granite were exported mostly to Germany (€787k), Switzerland (€668k), France (€473k), Spain (€422k), and Albania (€342k), and were imported mostly from Indonesia (€1.44M), Brazil (€1.37M), Spain (€1.25M), France (€1.04M), and United States (€362k).

Growth In July 2024, the decrease in Granite's year-by-year exports was explained primarily by a decrease in exports to Germany (€-606k or -49.3%), Poland (€-156k or -93.8%), and Switzerland (€-78.5k or -42.9%). In July 2024, the decrease in Granite's year-by-year imports was explained primarily by a decrease in imports from Zimbabwe (€-3.33M or -41.7%), Indonesia (€-1.56M or -75.6%), and South Africa (€-1.52M or -48.8%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (July 2023 - July 2024)€-1.35M(-27.8%)

IMPORT GROWTH (July 2023 - July 2024)€-7.9M(-57.8%)

MAIN DESTINATION (July 2024)Germany€787k

This section shows Granite'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 Granite over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$64M

IMPORTS (2022)$177M

NET TRADE (2022)-$113M

In 2022, Italy exported $64M in Granite. The main destinations of Italy exports on Granite were Germany ($11.9M), Romania ($7.45M), France ($6.69M), Switzerland ($6.51M), and Algeria ($4.83M).

In 2022, Italy imported $177M in Granite, mainly from Brazil ($35.3M), Zimbabwe ($31.7M), India ($28.7M), Mozambique ($23.4M), and South Africa ($13.5M).

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