2023
Exports
$20.9MWorld Rnk 13 / 177
Flag Rnk 864 / 1216
2023
PRODUCT COMPLEXITY IN Letter Stock
0.39Rnk 419 / 1025
2023
Imports
$18.4MWorld Rnk 15 / 219
Flag Rnk 926 / 1213
2023
ECONOMIC COMPLEXITY of Italy
1.29Rnk 18 / 132

About

Exports In 2023, Italy exported $20.9M in Letter Stock, making it the 13th largest exporter of Letter Stock in the world. At the same year, Letter Stock was the 864th most exported product in Italy. The main destination of Letter Stock exports from Italy are: France ($3.77M), United Kingdom ($2.52M), Switzerland ($2.24M), Spain ($1.82M), and United States ($1.81M).

The fastest growing export markets for Letter Stock of Italy between 2022 and 2023 were Spain ($615k), United Arab Emirates ($282k), and Switzerland ($200k).

Imports In 2023, Italy imported $18.4M in Letter Stock, becoming the 15th largest importer of Letter Stock in the world. At the same year, Letter Stock was the 926th most imported product in Italy. Italy imports Letter Stock primarily from: Romania ($4.22M), China ($2.24M), Spain ($2.08M), United States ($2.03M), and Germany ($1.63M).

The fastest growing import markets in Letter Stock for Italy between 2022 and 2023 were Germany ($167k), United Kingdom ($121k), and Greece ($116k).

Latest Trends

November 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)€875k(59.9%)
IMPORT GROWTH (November 2023 - November 2024)€50.4k(4.04%)
MAIN DESTINATION (November 2024)Russia€1.17M

This section shows Letter Stock'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 Letter Stock over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$20.9M
IMPORTS (2023)$18.4M
NET TRADE (2023)$2.48M

In 2023, Italy exported $20.9M in Letter Stock. The main destinations of Italy exports on Letter Stock were France ($3.77M), United Kingdom ($2.52M), Switzerland ($2.24M), Spain ($1.82M), and United States ($1.81M).

In 2023, Italy imported $18.4M in Letter Stock, mainly from Romania ($4.22M), China ($2.24M), Spain ($2.08M), United States ($2.03M), and Germany ($1.63M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Letter Stock EXPORT MARKETS FOR Italy WERE (2022 - 2023):
Spain$615k (50.8%)
Switzerland$200k (9.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Letter Stock BY Italy WERE (2022 - 2023):
France-$1.54M (-29%)
Germany-$1.21M (-62.5%)
South Korea-$556k (-85.8%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Italy's main exporting competitors in Letter Stock were:
China $254M
Poland $99.5M
Mexico $85.5M
In 2023, Italy's main importing competitors in Letter Stock were:

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Trade Value of Letter Stock by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.08M
TOP IMPORT POTENTIALChina+ $1.26M

Letter Stock’s highest export potential is United States. With an export gap of $1.08M.   Letter Stock’s highest import potential is China with an import gap of $1.26M.

See methodology.

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