2022
Exports
$28.4MWorld Rnk 16 / 95
Flag Rnk 806 / 1217
2022
PRODUCT COMPLEXITY IN Nitrile Compounds
1.07Rnk 146 / 1025
2022
Imports
$313MWorld Rnk 9 / 178
Flag Rnk 341 / 1215
2022
ECONOMIC COMPLEXITY of Italy
1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $28.4M in Nitrile Compounds, making it the 16th largest exporter of Nitrile Compounds in the world. At the same year, Nitrile Compounds was the 806th most exported product in Italy. The main destination of Nitrile Compounds exports from Italy are: Denmark ($6.77M), Netherlands ($3.69M), France ($3.05M), United States ($2.69M), and Spain ($2.49M).

The fastest growing export markets for Nitrile Compounds of Italy between 2021 and 2022 were Denmark ($5.54M), France ($1.89M), and United States ($1.36M).

Imports In 2022, Italy imported $313M in Nitrile Compounds, becoming the 9th largest importer of Nitrile Compounds in the world. At the same year, Nitrile Compounds was the 341st most imported product in Italy. Italy imports Nitrile Compounds primarily from: France ($117M), Belgium ($75.6M), Netherlands ($47.3M), China ($32.5M), and Germany ($23.8M).

The fastest growing import markets in Nitrile Compounds for Italy between 2021 and 2022 were China ($6.42M), Netherlands ($5.11M), and India ($3.61M).

COMPANIES In 2023, leading companies such as Magna International (11) and Goodyear Tire and Rubber (1) were at the forefront of shipping Nitrile Compounds from Italy to the United States.

Latest Trends

March 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2023 - March 2024)€93.3k(7.55%)
IMPORT GROWTH (March 2023 - March 2024)€-987k(-5.45%)
MAIN DESTINATION (March 2024)Netherlands€577k

This section shows Nitrile Compounds'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 Nitrile Compounds over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$28.4M
IMPORTS (2022)$313M
NET TRADE (2022)-$285M

In 2022, Italy exported $28.4M in Nitrile Compounds. The main destinations of Italy exports on Nitrile Compounds were Denmark ($6.77M), Netherlands ($3.69M), France ($3.05M), United States ($2.69M), and Spain ($2.49M).

In 2022, Italy imported $313M in Nitrile Compounds, mainly from France ($117M), Belgium ($75.6M), Netherlands ($47.3M), China ($32.5M), and Germany ($23.8M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Nitrile Compounds EXPORT MARKETS FOR Italy WERE (2021 - 2022):
Denmark$5.54M (448%)
France$1.89M (163%)
United States$1.36M (102%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nitrile Compounds BY Italy WERE (2021 - 2022):
Netherlands-$4.06M (-52.4%)
Ireland-$3.93M (-99.8%)
Turkey-$2.93M (-81.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Nitrile Compounds were:
In 2022, Italy's main importing competitors in Nitrile Compounds were:

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Trade Value of Nitrile Compounds by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $2.46M
TOP IMPORT POTENTIALChina+ $13.3M

Nitrile Compounds’s highest export potential is France. With an export gap of $2.46M.   Nitrile Compounds’s highest import potential is China with an import gap of $13.3M.

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