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2022
Exports $139MWorld Rnk 2 / 132
Flag Rnk 506 / 1217
2022
Destination $48.8M Switzerland
2021 - 2022
FASTEST GROWING MARKET $48.8MSwitzerland
2022
PRODUCT COMPLEXITY IN Oil Seed Flower-0.94Rnk 826 / 1025
2022
Imports $10.2MWorld Rnk 23 / 195
Flag Rnk 1033 / 1215
2022
Origin $864k Austria
2021 - 2022
FASTEST GROWING ORIGIN $864kPoland
2022
ECONOMIC COMPLEXITY of Italy1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $139M in Oil Seed Flower, making it the 2nd largest exporter of Oil Seed Flower in the world. At the same year, Oil Seed Flower was the 506th most exported product in Italy. The main destination of Oil Seed Flower exports from Italy are: Switzerland ($70.3M), Austria ($31.7M), Germany ($18.4M), France ($7.07M), and Hungary ($4.22M).

The fastest growing export markets for Oil Seed Flower of Italy between 2021 and 2022 were Switzerland ($48.8M), Austria ($13.1M), and Mozambique ($1.21M).

Imports In 2022, Italy imported $10.2M in Oil Seed Flower, becoming the 23rd largest importer of Oil Seed Flower in the world. At the same year, Oil Seed Flower was the 1033rd most imported product in Italy. Italy imports Oil Seed Flower primarily from: Austria ($1.45M), Serbia ($1.39M), Spain ($1.13M), Hungary ($1.01M), and Ethiopia ($888k).

The fastest growing import markets in Oil Seed Flower for Italy between 2021 and 2022 were Poland ($864k), Slovakia ($636k), and Spain ($407k).

Latest Trends

March 2024

About

Overview In March 2024 Italy's Oil Seed Flower exports accounted up to €10M and imports accounted up to €511k, resulting in a positive trade balance of €9.53M. Between March 2023 and March 2024 the exports of Italy's   Oil Seed Flower have decreased by €-3.84M (-27.6%) from €13.9M to €10M, while imports decreased by €-399k (-43.9%) from €911k to €511k.

Destinations In March 2024, Oil Seed Flower were exported mostly to Switzerland (€6.24M), Austria (€1.37M), Germany (€979k), France (€685k), and Belgium (€651k), and were imported mostly from Austria (€166k), Spain (€107k), Slovenia (€102k), Greece (€82.1k), and Romania (€37.4k).

Growth In March 2024, the decrease in Oil Seed Flower's year-by-year exports was explained primarily by a decrease in exports to Germany (€-86.9k or -6.92%), Poland (€-26.8k or -96.8%), and France (€-12.3k or -2.3%). In March 2024, the decrease in Oil Seed Flower's year-by-year imports was explained primarily by a decrease in imports from Hungary (€-312k or -82.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2023 - March 2024)€-3.84M(-27.6%)
IMPORT GROWTH (March 2023 - March 2024)€-399k(-43.9%)
MAIN DESTINATION (March 2024)Switzerland€6.24M

This section shows Oil Seed Flower'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 Oil Seed Flower over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$139M
IMPORTS (2022)$10.2M
NET TRADE (2022)$129M

In 2022, Italy exported $139M in Oil Seed Flower. The main destinations of Italy exports on Oil Seed Flower were Switzerland ($70.3M), Austria ($31.7M), Germany ($18.4M), France ($7.07M), and Hungary ($4.22M).

In 2022, Italy imported $10.2M in Oil Seed Flower, mainly from Austria ($1.45M), Serbia ($1.39M), Spain ($1.13M), Hungary ($1.01M), and Ethiopia ($888k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Oil Seed Flower EXPORT MARKETS FOR Italy WERE (2021 - 2022):
Switzerland$48.8M (228%)
Austria$13.1M (70.4%)
Mozambique$1.21M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Oil Seed Flower BY Italy WERE (2021 - 2022):
Germany-$3.53M (-16.1%)
Hungary-$1.81M (-30.1%)
Greece-$667k (-65.3%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Oil Seed Flower were:
United States $412M
China $66.2M
In 2022, Italy's main importing competitors in Oil Seed Flower were:
Vietnam $132M
Japan $79.5M
South Korea $73.8M

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Trade Value of Oil Seed Flower by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Kingdom+ $239k
TOP IMPORT POTENTIALChina+ $289k

Oil Seed Flower’s highest export potential is United Kingdom. With an export gap of $239k.   Oil Seed Flower’s highest import potential is China with an import gap of $289k.

See methodology.

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