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2022
Exports $159MWorld Rnk 1 / 98
Flag Rnk 476 / 1217
falsefalse United Kingdom
2021 - 2022
FASTEST GROWING MARKETfalseTurkey
2022
PRODUCT COMPLEXITY IN Non-Retail Carded Wool Yarn-0.16Rnk 600 / 1025
2022
Imports $25.8MWorld Rnk 4 / 145
Flag Rnk 869 / 1215
2021 - 2022
FASTEST GROWING ORIGINfalseN/A
2022
ECONOMIC COMPLEXITY of Italy1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $159M in Non-Retail Carded Wool Yarn, making it the 1st largest exporter of Non-Retail Carded Wool Yarn in the world. At the same year, Non-Retail Carded Wool Yarn was the 476th most exported product in Italy. The main destination of Non-Retail Carded Wool Yarn exports from Italy are: United Kingdom ($27.9M), Hong Kong ($26.4M), Turkey ($15.9M), Portugal ($10.3M), and Croatia ($8.94M).

The fastest growing export markets for Non-Retail Carded Wool Yarn of Italy between 2021 and 2022 were Turkey ($4.12M), United Kingdom ($3.69M), and Bangladesh ($1.71M).

Imports In 2022, Italy imported $25.8M in Non-Retail Carded Wool Yarn, becoming the 4th largest importer of Non-Retail Carded Wool Yarn in the world. At the same year, Non-Retail Carded Wool Yarn was the 869th most imported product in Italy. Italy imports Non-Retail Carded Wool Yarn primarily from: Lithuania ($19.1M), Poland ($2.69M), United Kingdom ($2.15M), Slovakia ($346k), and China ($336k).

Latest Trends

March 2024

About

Overview In March 2024 Italy's Non-Retail Carded Wool Yarn exports accounted up to €14.3M and imports accounted up to €2.71M, resulting in a positive trade balance of €11.6M. Between March 2023 and March 2024 the exports of Italy's   Non-Retail Carded Wool Yarn have decreased by €-931k (-6.13%) from €15.2M to €14.3M, while imports decreased by €-406k (-13%) from €3.12M to €2.71M.

Destinations In March 2024, Non-Retail Carded Wool Yarn were exported mostly to Hong Kong (€4.42M), Turkey (€1.86M), United Kingdom (€1.46M), Portugal (€1.01M), and Tunisia (€987k), and were imported mostly from Lithuania (€1.72M), Poland (€487k), China (€258k), United Kingdom (€129k), and Slovakia (€99.3k).

Growth In March 2024, the decrease in Non-Retail Carded Wool Yarn's year-by-year exports was explained primarily by a decrease in exports to France (€-170k or -35.5%), Germany (€-114k or -24.6%), and Czechia (€-31.5k or -89.5%). In March 2024, the decrease in Non-Retail Carded Wool Yarn's year-by-year imports was explained primarily by a decrease in imports from China (€-78.5k or -97.8%), United Kingdom (€-63k or -55.8%), and Finland (€-81 or -52.9%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2023 - March 2024)€-931k(-6.13%)
IMPORT GROWTH (March 2023 - March 2024)€-406k(-13%)
MAIN DESTINATION (March 2024)Hong Kong€4.42M

This section shows Non-Retail Carded Wool Yarn'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 Carded Wool Yarn over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$159M
IMPORTS (2022)$25.8M
NET TRADE (2022)$133M

In 2022, Italy exported $159M in Non-Retail Carded Wool Yarn. The main destinations of Italy exports on Non-Retail Carded Wool Yarn were United Kingdom ($27.9M), Hong Kong ($26.4M), Turkey ($15.9M), Portugal ($10.3M), and Croatia ($8.94M).

In 2022, Italy imported $25.8M in Non-Retail Carded Wool Yarn, mainly from Lithuania ($19.1M), Poland ($2.69M), United Kingdom ($2.15M), Slovakia ($346k), and China ($336k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Non-Retail Carded Wool Yarn EXPORT MARKETS FOR Italy WERE (2021 - 2022):
Turkey$4.12M (35.1%)
United Kingdom$3.69M (15.2%)
Bangladesh$1.71M (186%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Non-Retail Carded Wool Yarn BY Italy WERE (2021 - 2022):
China-$2.18M (-29.5%)
Cambodia-$2.13M (-68.2%)
Russia-$1.16M (-70.9%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Non-Retail Carded Wool Yarn were:
China $104M
Lithuania $75.5M
In 2022, Italy's main importing competitors in Non-Retail Carded Wool Yarn were:
United Kingdom $71.9M
Hong Kong $41.9M
Netherlands $27.1M

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Trade Value of Non-Retail Carded Wool Yarn by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $751k
TOP IMPORT POTENTIALChina+ $409k

Non-Retail Carded Wool Yarn’s highest export potential is France. With an export gap of $751k.   Non-Retail Carded Wool Yarn’s highest import potential is China with an import gap of $409k.

See methodology.

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