2022
Exports
$157MWorld Rnk 19 / 151
Flag Rnk 478 / 1217
2022
PRODUCT COMPLEXITY IN Milk
-0.0031Rnk 548 / 1025
2022
Imports
$692MWorld Rnk 5 / 221
Flag Rnk 189 / 1215
2022
ECONOMIC COMPLEXITY of Italy
1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $157M in Milk, making it the 19th largest exporter of Milk in the world. At the same year, Milk was the 478th most exported product in Italy. The main destination of Milk exports from Italy are: South Korea ($70.5M), Belgium ($15.7M), Libya ($8.65M), Greece ($6.88M), and Germany ($5.39M).

The fastest growing export markets for Milk of Italy between 2021 and 2022 were South Korea ($35.5M), Belgium ($5.67M), and Qatar ($3.88M).

Imports In 2022, Italy imported $692M in Milk, becoming the 5th largest importer of Milk in the world. At the same year, Milk was the 189th most imported product in Italy. Italy imports Milk primarily from: Germany ($201M), France ($126M), Austria ($121M), Slovenia ($69.2M), and Belgium ($36.4M).

The fastest growing import markets in Milk for Italy between 2021 and 2022 were Germany ($25.6M), Austria ($17M), and Belgium ($9.5M).

COMPANIES In 2023, leading companies such as IKEA Group (10) and Busa Distribution Center (2) were at the forefront of shipping Milk from Italy to the United States.

Latest Trends

March 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2023 - March 2024)€-5.12M(-50.6%)
IMPORT GROWTH (March 2023 - March 2024)€1.36M(2.59%)
MAIN DESTINATION (March 2024)South Korea€4.5M

This section shows Milk'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 Milk over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$157M
IMPORTS (2022)$692M
NET TRADE (2022)-$536M

In 2022, Italy exported $157M in Milk. The main destinations of Italy exports on Milk were South Korea ($70.5M), Belgium ($15.7M), Libya ($8.65M), Greece ($6.88M), and Germany ($5.39M).

In 2022, Italy imported $692M in Milk, mainly from Germany ($201M), France ($126M), Austria ($121M), Slovenia ($69.2M), and Belgium ($36.4M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Milk EXPORT MARKETS FOR Italy WERE (2021 - 2022):
South Korea$35.5M (101%)
Belgium$5.67M (56.5%)
Qatar$3.88M (2k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Milk BY Italy WERE (2021 - 2022):
China-$8.97M (-64.9%)
Libya-$6.19M (-41.7%)
Poland-$657k (-80.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Milk were:
In 2022, Italy's main importing competitors in Milk were:
Germany $2.03B
China $1.46B

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Trade Value of Milk by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $8M
TOP IMPORT POTENTIALFrance+ $12.1M

Milk’s highest export potential is Germany. With an export gap of $8M.   Milk’s highest import potential is France with an import gap of $12.1M.

See methodology.

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