2023
Exports
$38.1MWorld Rnk 13 / 118
Flag Rnk 750 / 1216
2023
PRODUCT COMPLEXITY IN Iron Powder
0.86Rnk 230 / 1025
2023
Imports
$123MWorld Rnk 5 / 169
Flag Rnk 533 / 1213
2023
ECONOMIC COMPLEXITY of Italy
1.29Rnk 18 / 132

About

Exports In 2023, Italy exported $38.1M in Iron Powder, making it the 13th largest exporter of Iron Powder in the world. At the same year, Iron Powder was the 750th most exported product in Italy. The main destination of Iron Powder exports from Italy are: Germany ($9.24M), Czechia ($6.55M), India ($4.6M), United Kingdom ($2.52M), and Spain ($2.13M).

The fastest growing export markets for Iron Powder of Italy between 2022 and 2023 were Czechia ($818k), India ($799k), and China ($413k).

Imports In 2023, Italy imported $123M in Iron Powder, becoming the 5th largest importer of Iron Powder in the world. At the same year, Iron Powder was the 533rd most imported product in Italy. Italy imports Iron Powder primarily from: Sweden ($33.8M), Romania ($24.6M), Germany ($23.7M), France ($11.3M), and Egypt ($7.93M).

The fastest growing import markets in Iron Powder for Italy between 2022 and 2023 were China ($2.81M), Poland ($1.51M), and Romania ($1.04M).

Latest Trends

Dec 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Iron Powder. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$38.1M
IMPORTS (2023)$123M
NET TRADE (2023)-$84.7M

In 2023, Italy exported $38.1M in Iron Powder. The main destinations of Italy exports on Iron Powder were Germany ($9.24M), Czechia ($6.55M), India ($4.6M), United Kingdom ($2.52M), and Spain ($2.13M).

In 2023, Italy imported $123M in Iron Powder, mainly from Sweden ($33.8M), Romania ($24.6M), Germany ($23.7M), France ($11.3M), and Egypt ($7.93M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Iron Powder EXPORT MARKETS FOR Italy WERE (2022 - 2023):
Czechia$818k (14.3%)
India$799k (21%)
China$413k (43.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Powder BY Italy WERE (2022 - 2023):
South Korea-$17.5M (-100%)
Germany-$1.56M (-14.5%)
United States-$1.53M (-77.5%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Italy's main exporting competitors in Iron Powder were:
China $297M
Japan $241M
In 2023, Italy's main importing competitors in Iron Powder were:

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Trade Value of Iron Powder by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.7M
TOP IMPORT POTENTIALChina+ $2.43M

Iron Powder’s highest export potential is United States. With an export gap of $1.7M.   Iron Powder’s highest import potential is China with an import gap of $2.43M.

See methodology.

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