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2022
Destination $6.07M Romania
2021 - 2022
FASTEST GROWING MARKET $6.07MFrance
2022
PRODUCT COMPLEXITY IN Narrow Woven Fabric-0.052Rnk 562 / 1025
2022
ImportsfalseWorld Rnk 13 / 218
Flag Rnk 608 / 1215
2022
Origin $4.42M China
2021 - 2022
FASTEST GROWING ORIGIN $4.42MChina
2022
ECONOMIC COMPLEXITY of Italy1.29Rnk 17 / 133

About

Exports In 2022, Italy exported N/A in Narrow Woven Fabric, making it the 5th largest exporter of Narrow Woven Fabric in the world. At the same year, Narrow Woven Fabric was the 440th most exported product in Italy. The main destination of Narrow Woven Fabric exports from Italy are: Romania ($25.6M), Sri Lanka ($18.3M), France ($12.7M), Spain ($12M), and Germany ($9.2M).

The fastest growing export markets for Narrow Woven Fabric of Italy between 2021 and 2022 were France ($6.07M), Spain ($1.95M), and United States ($1.65M).

Imports In 2022, Italy imported $91.5M in Narrow Woven Fabric, becoming the 13th largest importer of Narrow Woven Fabric in the world. At the same year, Narrow Woven Fabric was the 608th most imported product in Italy. Italy imports Narrow Woven Fabric primarily from: China ($26.8M), Germany ($15M), France ($11.5M), Spain ($8.61M), and Turkey ($4.66M).

The fastest growing import markets in Narrow Woven Fabric for Italy between 2021 and 2022 were China ($4.42M), Germany ($2.3M), and Greece ($2.16M).

Latest Trends

March 2024

About

Overview In March 2024 Italy's Narrow Woven Fabric exports accounted up to €8.72M and imports accounted up to €4.08M, resulting in a positive trade balance of €4.65M. Between March 2023 and March 2024 the exports of Italy's   Narrow Woven Fabric have decreased by €-3.51M (-28.7%) from €12.2M to €8.72M, while imports decreased by €-392k (-8.76%) from €4.47M to €4.08M.

Destinations In March 2024, Narrow Woven Fabric were exported mostly to Romania (€1.85M), Sri Lanka (€1.59M), France (€925k), Germany (€617k), and Tunisia (€601k), and were imported mostly from France (€1.8M), China (€1.25M), Germany (€893k), Netherlands (€32.2k), and Indonesia (€11.3k).

Growth In March 2024, the decrease in Narrow Woven Fabric's year-by-year exports was explained primarily by a decrease in exports to China (€-234k or -65.1%), United Kingdom (€-115k or -49.9%), and Romania (€-107k or -6.06%). In March 2024, the decrease in Narrow Woven Fabric's year-by-year imports was explained primarily by a decrease in imports from China (€-1.03M or -43.1%) and Japan (€-575 or -5.34%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2023 - March 2024)€-3.51M(-28.7%)
IMPORT GROWTH (March 2023 - March 2024)€-392k(-8.76%)
MAIN DESTINATION (March 2024)Romania€1.85M

This section shows Narrow Woven Fabric'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 Narrow Woven Fabric over time.

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Historical Data

Trade Balance

Color
IMPORTS (2022)$91.5M

In N/A, Italy exported N/A in Narrow Woven Fabric. The main destinations of Italy exports on Narrow Woven Fabric were Romania ($25.6M), Sri Lanka ($18.3M), France ($12.7M), Spain ($12M), and Germany ($9.2M).

In 2022, Italy imported $91.5M in Narrow Woven Fabric, mainly from China ($26.8M), Germany ($15M), France ($11.5M), Spain ($8.61M), and Turkey ($4.66M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Narrow Woven Fabric EXPORT MARKETS FOR Italy WERE (2021 - 2022):
France$6.07M (91.3%)
Spain$1.95M (19.5%)
United States$1.65M (22%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Narrow Woven Fabric BY Italy WERE (2021 - 2022):
Poland-$1.7M (-30.7%)
Portugal-$1.43M (-20.9%)
Albania-$1.35M (-15.9%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Italy's main exporting competitors in Narrow Woven Fabric were:
China $1.89B
Chinese Taipei $319M
Germany $300M
In 2022, Italy's main importing competitors in Narrow Woven Fabric were:
United States $441M
Vietnam $334M
Mexico $279M

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Trade Value of Narrow Woven Fabric by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $4.27M
TOP IMPORT POTENTIALChina+ $6.72M

Narrow Woven Fabric’s highest export potential is United States. With an export gap of $4.27M.   Narrow Woven Fabric’s highest import potential is China with an import gap of $6.72M.

See methodology.

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