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2022
Exports $12.6MWorld Rnk 20 / 109
Flag Rnk 939 / 1217
2022
Destination $6.02M Nigeria
2021 - 2022
FASTEST GROWING MARKET $6.02MNigeria
2022
PRODUCT COMPLEXITY IN Nitrites and Nitrates-0.15Rnk 597 / 1025
2022
Imports $57.9MWorld Rnk 8 / 183
Flag Rnk 720 / 1215
2022
Origin $7.09M Israel
2021 - 2022
FASTEST GROWING ORIGIN $7.09MIsrael
2022
ECONOMIC COMPLEXITY of Italy1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $12.6M in Nitrites and Nitrates, making it the 20th largest exporter of Nitrites and Nitrates in the world. At the same year, Nitrites and Nitrates was the 939th most exported product in Italy. The main destination of Nitrites and Nitrates exports from Italy are: Nigeria ($6.02M), Germany ($859k), Denmark ($722k), Finland ($389k), and El Salvador ($377k).

The fastest growing export markets for Nitrites and Nitrates of Italy between 2021 and 2022 were Nigeria ($6.02M), Germany ($444k), and Denmark ($354k).

Imports In 2022, Italy imported $57.9M in Nitrites and Nitrates, becoming the 8th largest importer of Nitrites and Nitrates in the world. At the same year, Nitrites and Nitrates was the 720th most imported product in Italy. Italy imports Nitrites and Nitrates primarily from: Israel ($18.7M), Spain ($10.1M), Jordan ($4.9M), Poland ($4.69M), and Turkey ($3.65M).

The fastest growing import markets in Nitrites and Nitrates for Italy between 2021 and 2022 were Israel ($7.09M), Spain ($3.68M), and Turkey ($2.92M).

Latest Trends

June 2024

About

Overview In June 2024 Italy's Nitrites and Nitrates exports accounted up to €115k and imports accounted up to €1.85M, resulting in a negative trade balance of €1.73M. Between June 2023 and June 2024 the exports of Italy's   Nitrites and Nitrates have increased by €37.9k (49%) from €77.3k to €115k, while imports increased by €1.14M (161%) from €709k to €1.85M.

Destinations In June 2024, Nitrites and Nitrates were exported mostly to Germany (€53.8k), France (€50.9k), and Poland (€10.5k), and were imported mostly from Israel (€1.15M), Germany (€234k), Netherlands (€139k), Austria (€139k), and France (€93.7k).

Growth In June 2024, the increase in Nitrites and Nitrates's year-by-year exports was explained primarily by an increase in exports to Germany (€21k or 29.2%) and France (€6.43k or 19%). In June 2024, the increase in Nitrites and Nitrates's year-by-year imports was explained primarily by an increase in imports from United Kingdom (€141k or 278%) and Netherlands (€104k or 62.5%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)€37.9k(49%)
IMPORT GROWTH (June 2023 - June 2024)€1.14M(161%)
MAIN DESTINATION (June 2024)Germany€53.8k

This section shows Nitrites and Nitrates'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 Nitrites and Nitrates over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$12.6M
IMPORTS (2022)$57.9M
NET TRADE (2022)-$45.3M

In 2022, Italy exported $12.6M in Nitrites and Nitrates. The main destinations of Italy exports on Nitrites and Nitrates were Nigeria ($6.02M), Germany ($859k), Denmark ($722k), Finland ($389k), and El Salvador ($377k).

In 2022, Italy imported $57.9M in Nitrites and Nitrates, mainly from Israel ($18.7M), Spain ($10.1M), Jordan ($4.9M), Poland ($4.69M), and Turkey ($3.65M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Nitrites and Nitrates EXPORT MARKETS FOR Italy WERE (2021 - 2022):
Nigeria$6.02M (1%)
Germany$444k (107%)
Denmark$354k (96.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nitrites and Nitrates BY Italy WERE (2021 - 2022):
Spain-$546k (-73.2%)
Kenya-$215k (-100%)
El Salvador-$210k (-35.8%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Nitrites and Nitrates were:
Chile $587M
China $269M
Israel $187M
In 2022, Italy's main importing competitors in Nitrites and Nitrates were:
Netherlands $269M
Spain $201M
United States $160M

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Trade Value of Nitrites and Nitrates by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $459k
TOP IMPORT POTENTIALChina+ $1.48M

Nitrites and Nitrates’s highest export potential is France. With an export gap of $459k.   Nitrites and Nitrates’s highest import potential is China with an import gap of $1.48M.

See methodology.

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