2022
Exports
$53.2MWorld Rnk 11 / 195
Flag Rnk 695 / 1217
2022
PRODUCT COMPLEXITY IN Knives
0.85Rnk 223 / 1025
2022
Imports
$86.8MWorld Rnk 8 / 219
Flag Rnk 622 / 1215
2022
ECONOMIC COMPLEXITY of Italy
1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $53.2M in Knives, making it the 11th largest exporter of Knives in the world. At the same year, Knives was the 695th most exported product in Italy. The main destination of Knives exports from Italy are: United States ($12.2M), Germany ($5.27M), France ($4.43M), Netherlands ($3.06M), and Spain ($2.49M).

The fastest growing export markets for Knives of Italy between 2021 and 2022 were United States ($2.15M), Slovakia ($722k), and Croatia ($493k).

Imports In 2022, Italy imported $86.8M in Knives, becoming the 8th largest importer of Knives in the world. At the same year, Knives was the 622nd most imported product in Italy. Italy imports Knives primarily from: China ($34.4M), Germany ($12.6M), Netherlands ($6.48M), Vietnam ($6.2M), and France ($4.91M).

The fastest growing import markets in Knives for Italy between 2021 and 2022 were China ($7.43M), Vietnam ($4.96M), and Netherlands ($1.68M).

COMPANIES In 2023, leading companies such as Arhaus (3) were at the forefront of shipping Knives from Italy to the United States.

Latest Trends

March 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2023 - March 2024)€-1.57M(-33.5%)
IMPORT GROWTH (March 2023 - March 2024)€3.83M(77.1%)
MAIN DESTINATION (March 2024)United States€547k

This section shows Knives'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 Knives over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$53.2M
IMPORTS (2022)$86.8M
NET TRADE (2022)-$33.6M

In 2022, Italy exported $53.2M in Knives. The main destinations of Italy exports on Knives were United States ($12.2M), Germany ($5.27M), France ($4.43M), Netherlands ($3.06M), and Spain ($2.49M).

In 2022, Italy imported $86.8M in Knives, mainly from China ($34.4M), Germany ($12.6M), Netherlands ($6.48M), Vietnam ($6.2M), and France ($4.91M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knives EXPORT MARKETS FOR Italy WERE (2021 - 2022):
United States$2.15M (21.4%)
Slovakia$722k (385%)
Croatia$493k (74%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knives BY Italy WERE (2021 - 2022):
Germany-$779k (-12.9%)
Czechia-$742k (-46.9%)
France-$447k (-9.18%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Knives were:
China $1.87B
Japan $187M
In 2022, Italy's main importing competitors in Knives were:

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Trade Value of Knives by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $3.18M
TOP IMPORT POTENTIALChina+ $5.01M

Knives’s highest export potential is United States. With an export gap of $3.18M.   Knives’s highest import potential is China with an import gap of $5.01M.

See methodology.

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