Natural gas in gaseous state in Italy | The Observatory of Economic Complexity

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Exports In 2022, Italy exported $959M in Natural gas in gaseous state, making it the 28th largest exporter of Natural gas in gaseous state in the world. At the same year, Natural gas in gaseous state was the 120th most exported product in Italy. The main destination of Natural gas in gaseous state exports from Italy are: Austria ($341M), Germany ($299M), Slovenia ($171M), Greece ($76.6M), and Switzerland ($31.1M).

The fastest growing export markets for Natural gas in gaseous state of Italy between 2021 and 2022 were Austria ($341M), Slovenia ($169M), and Germany ($137M).

Imports In 2022, Italy imported $53.9B in Natural gas in gaseous state, becoming the 2nd largest importer of Natural gas in gaseous state in the world. At the same year, Natural gas in gaseous state was the 1st most imported product in Italy. Italy imports Natural gas in gaseous state primarily from: Algeria ($13.3B), Russia ($11.8B), Azerbaijan ($11.4B), France ($7.67B), and Norway ($5.62B).

The fastest growing import markets in Natural gas in gaseous state for Italy between 2021 and 2022 were Algeria ($8.69B), Azerbaijan ($8.24B), and France ($7.11B).

COMPANIES In 2023, leading companies such as CNH Industrial (4.79k), IKEA Group (2.86k), and Valbruna Stainless (2.05k) were at the forefront of shipping Natural gas in gaseous state from Italy to the United States.

Latest Trends

July 2024

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Overview In July 2024 Italy's Natural gas in gaseous state exports accounted up to €2.14M and imports accounted up to €1.44B, resulting in a negative trade balance of €1.44B. Between July 2023 and July 2024 the exports of Italy's Natural gas in gaseous state have decreased by €-68.6M (-97%) from €70.7M to €2.14M, while imports increased by €66.5M (4.83%) from €1.38B to €1.44B.

Destinations In July 2024, Natural gas in gaseous state were exported mostly to Switzerland (€2.14M), and were imported mostly from Algeria (€720M), Azerbaijan (€317M), Russia (€214M), Norway (€139M), and Netherlands (€29.5M).

Growth In July 2024, the decrease in Natural gas in gaseous state's year-by-year exports was explained primarily by a decrease in exports to San Marino (€-900k or -33.1%). In July 2024, the increase in Natural gas in gaseous state's year-by-year imports was explained primarily by an increase in imports from Algeria (€360M or 60.4%), Norway (€124M or 21.9%), and Azerbaijan (€78M or 10.2%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (July 2023 - July 2024)€-68.6M(-97%)

IMPORT GROWTH (July 2023 - July 2024)€66.5M(4.83%)

MAIN DESTINATION (July 2024)Switzerland€2.14M

This section shows Natural gas in gaseous state'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 Natural gas in gaseous state over time.

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