Hemp Fibers in Italy | The Observatory of Economic Complexity

About

Exports In 2023, Italy exported $5.67M in Hemp Fibers, making it the 4th largest exporter of Hemp Fibers in the world. At the same year, Hemp Fibers was the 1022nd most exported product in Italy. The main destination of Hemp Fibers exports from Italy are: Spain ($1.23M), Czechia ($1.08M), Portugal ($903k), Luxembourg ($527k), and Germany ($364k).

The fastest growing export markets for Hemp Fibers of Italy between 2022 and 2023 were Czechia ($847k), Spain ($646k), and Portugal ($374k).

Imports In 2023, Italy imported $4.26M in Hemp Fibers, becoming the 6th largest importer of Hemp Fibers in the world. At the same year, Hemp Fibers was the 1101st most imported product in Italy. Italy imports Hemp Fibers primarily from: Spain ($1.74M), Czechia ($1.14M), Netherlands ($623k), France ($232k), and Luxembourg ($229k).

The fastest growing import markets in Hemp Fibers for Italy between 2022 and 2023 were Czechia ($1.04M), Spain ($577k), and France ($189k).

Latest Trends

November 2024

About

Overview In November 2024 Italy's Hemp Fibers exports accounted up to €1.43M and imports accounted up to €1.94k, resulting in a positive trade balance of €1.42M. Between November 2023 and November 2024 the exports of Italy's Hemp Fibers have increased by €418k (41.4%) from €1.01M to €1.43M, while imports decreased by €-90.9k (-97.9%) from €92.8k to €1.94k.

Destinations In November 2024, Hemp Fibers were exported mostly to France (€783k), Belgium (€58.4k), Germany (€22.4k), Netherlands (€11.1k), and Denmark (€10.9k), and were imported mostly from Spain (€1.92k), Germany (€15), and Poland (€1).

Growth In November 2024, the increase in Hemp Fibers's year-by-year exports was explained primarily by an increase in exports to France (€248k or 74.5%), Portugal (€41.6k or 196%), and Czechia (€17.7k or 85.8%). In November 2024, the decrease in Hemp Fibers's year-by-year imports was explained primarily by a decrease in imports from Germany (€-1.92k or -98.4%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (November 2023 - November 2024)€418k(41.4%)

IMPORT GROWTH (October 2023 - November 2024)€-90.9k(-97.9%)

MAIN DESTINATION (November 2024)France€783k

This section shows Hemp 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 Hemp Fibers over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2023)$5.67M

IMPORTS (2023)$4.26M

NET TRADE (2023)$1.42M

In 2023, Italy exported $5.67M in Hemp Fibers. The main destinations of Italy exports on Hemp Fibers were Spain ($1.23M), Czechia ($1.08M), Portugal ($903k), Luxembourg ($527k), and Germany ($364k).

In 2023, Italy imported $4.26M in Hemp Fibers, mainly from Spain ($1.74M), Czechia ($1.14M), Netherlands ($623k), France ($232k), and Luxembourg ($229k).

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