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2022
Exports $78MWorld Rnk 3 / 163
Flag Rnk 625 / 1217
2022
Destination $1.03M Romania
2021 - 2022
FASTEST GROWING MARKET $1.03MTurkey
2022
PRODUCT COMPLEXITY IN Labels-0.16Rnk 599 / 1025
2022
Imports $18.9MWorld Rnk 16 / 211
Flag Rnk 930 / 1215
2022
Origin $1.62M China
2021 - 2022
FASTEST GROWING ORIGIN $1.62MPortugal
2022
ECONOMIC COMPLEXITY of Italy1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $78M in Labels, making it the 3rd largest exporter of Labels in the world. At the same year, Labels was the 625th most exported product in Italy. The main destination of Labels exports from Italy are: Romania ($11.5M), Tunisia ($7.13M), France ($7.06M), Turkey ($7.03M), and Germany ($4.14M).

The fastest growing export markets for Labels of Italy between 2021 and 2022 were Turkey ($1.03M), Germany ($731k), and Thailand ($556k).

Imports In 2022, Italy imported $18.9M in Labels, becoming the 16th largest importer of Labels in the world. At the same year, Labels was the 930th most imported product in Italy. Italy imports Labels primarily from: China ($6M), Portugal ($1.96M), Turkey ($1.64M), France ($1.54M), and Germany ($1.27M).

The fastest growing import markets in Labels for Italy between 2021 and 2022 were Portugal ($1.62M), Turkey ($421k), and United Kingdom ($271k).

Latest Trends

March 2024

About

Overview In March 2024 Italy's Labels exports accounted up to €5.34M and imports accounted up to €762k, resulting in a positive trade balance of €4.57M. Between March 2023 and March 2024 the exports of Italy's   Labels have decreased by €-586k (-9.89%) from €5.92M to €5.34M, while imports decreased by €-292k (-27.7%) from €1.05M to €762k.

Destinations In March 2024, Labels were exported mostly to Romania (€1.55M), Tunisia (€855k), France (€636k), Turkey (€581k), and Germany (€442k), and were imported mostly from China (€392k), France (€176k), Germany (€140k), Netherlands (€52k), and Indonesia (€1.01k).

Growth In March 2024, the decrease in Labels's year-by-year exports was explained primarily by a decrease in exports to Romania (€-9.5k or -1.2%). In March 2024, the decrease in Labels's year-by-year imports was explained primarily by a decrease in imports from China (€-92.8k or -13.1%) and France (€-61.6k or -42.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2023 - March 2024)€-586k(-9.89%)
IMPORT GROWTH (March 2023 - March 2024)€-292k(-27.7%)
MAIN DESTINATION (March 2024)Romania€1.55M

This section shows Labels'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 Labels over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$78M
IMPORTS (2022)$18.9M
NET TRADE (2022)$59.1M

In 2022, Italy exported $78M in Labels. The main destinations of Italy exports on Labels were Romania ($11.5M), Tunisia ($7.13M), France ($7.06M), Turkey ($7.03M), and Germany ($4.14M).

In 2022, Italy imported $18.9M in Labels, mainly from China ($6M), Portugal ($1.96M), Turkey ($1.64M), France ($1.54M), and Germany ($1.27M).

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Export Destinations (NaN)

Import Origins (NaN)

Market Growth

Flow
THE FASTEST GROWING Labels EXPORT MARKETS FOR Italy WERE (2021 - 2022):
Turkey$1.03M (17.1%)
Germany$731k (21.5%)
Thailand$556k (29.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Labels BY Italy WERE (2021 - 2022):
Hong Kong-$1.3M (-36.1%)
Albania-$971k (-30.4%)
Vietnam-$659k (-42.2%)
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Change in Exports by Market (undefined - undefined)

Market Concentration

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Flow
Type
In 2022, Italy's main exporting competitors in Labels were:
China $479M
Hong Kong $171M
In 2022, Italy's main importing competitors in Labels were:
Vietnam $140M
Hong Kong $121M
Indonesia $82.5M

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Trade Value of Labels by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $839k
TOP IMPORT POTENTIALChina+ $1.3M

Labels’s highest export potential is China. With an export gap of $839k.   Labels’s highest import potential is China with an import gap of $1.3M.

See methodology.

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