2022
Exports
$5.82MWorld Rnk 19 / 130
Flag Rnk 1025 / 1217
2022
PRODUCT COMPLEXITY IN Non-Retail Artificial Staple Fibers Sewing Thread
-0.89Rnk 804 / 1025
2022
Imports
$11.9MWorld Rnk 18 / 194
Flag Rnk 1001 / 1215
2022
ECONOMIC COMPLEXITY of Italy
1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $5.82M in Non-Retail Artificial Staple Fibers Sewing Thread, making it the 19th largest exporter of Non-Retail Artificial Staple Fibers Sewing Thread in the world. At the same year, Non-Retail Artificial Staple Fibers Sewing Thread was the 1025th most exported product in Italy. The main destination of Non-Retail Artificial Staple Fibers Sewing Thread exports from Italy are: Tunisia ($2.66M), Romania ($1.59M), Moldova ($225k), Albania ($224k), and Bulgaria ($213k).

The fastest growing export markets for Non-Retail Artificial Staple Fibers Sewing Thread of Italy between 2021 and 2022 were Romania ($582k), Moldova ($125k), and Belgium ($41.4k).

Imports In 2022, Italy imported $11.9M in Non-Retail Artificial Staple Fibers Sewing Thread, becoming the 18th largest importer of Non-Retail Artificial Staple Fibers Sewing Thread in the world. At the same year, Non-Retail Artificial Staple Fibers Sewing Thread was the 1001st most imported product in Italy. Italy imports Non-Retail Artificial Staple Fibers Sewing Thread primarily from: China ($7.48M), Germany ($1.24M), Netherlands ($1.03M), Hungary ($640k), and Spain ($326k).

The fastest growing import markets in Non-Retail Artificial Staple Fibers Sewing Thread for Italy between 2021 and 2022 were China ($1.33M), Netherlands ($373k), and Hungary ($139k).

Latest Trends

March 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2023 - March 2024)€-334k(-90.5%)
IMPORT GROWTH (March 2023 - March 2024)€-44.3k(-8.47%)
MAIN DESTINATION (March 2024)Romania€35.1k

This section shows Non-Retail Artificial Staple Fibers Sewing Thread'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 Non-Retail Artificial Staple Fibers Sewing Thread over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$5.82M
IMPORTS (2022)$11.9M
NET TRADE (2022)-$6.03M

In 2022, Italy exported $5.82M in Non-Retail Artificial Staple Fibers Sewing Thread. The main destinations of Italy exports on Non-Retail Artificial Staple Fibers Sewing Thread were Tunisia ($2.66M), Romania ($1.59M), Moldova ($225k), Albania ($224k), and Bulgaria ($213k).

In 2022, Italy imported $11.9M in Non-Retail Artificial Staple Fibers Sewing Thread, mainly from China ($7.48M), Germany ($1.24M), Netherlands ($1.03M), Hungary ($640k), and Spain ($326k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Non-Retail Artificial Staple Fibers Sewing Thread EXPORT MARKETS FOR Italy WERE (2021 - 2022):
Romania$582k (57.7%)
Moldova$125k (126%)
Belgium$41.4k (30.4k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Non-Retail Artificial Staple Fibers Sewing Thread BY Italy WERE (2021 - 2022):
Tunisia-$879k (-24.9%)
Albania-$179k (-44.4%)
Russia-$145k (-88.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Non-Retail Artificial Staple Fibers Sewing Thread were:
In 2022, Italy's main importing competitors in Non-Retail Artificial Staple Fibers Sewing Thread were:
Russia $63.7M
Turkey $52.8M
Vietnam $46.6M

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Trade Value of Non-Retail Artificial Staple Fibers Sewing Thread by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $79.6k
TOP IMPORT POTENTIALChina+ $683k

Non-Retail Artificial Staple Fibers Sewing Thread’s highest export potential is Germany. With an export gap of $79.6k.   Non-Retail Artificial Staple Fibers Sewing Thread’s highest import potential is China with an import gap of $683k.

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