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2022
Exports $28.6MWorld Rnk 27 / 121
Flag Rnk 802 / 1217
2022
Destination $3.1M Switzerland
2021 - 2022
FASTEST GROWING MARKET $3.1MSpain
2022
PRODUCT COMPLEXITY IN Other Precious Metal Products-0.036Rnk 559 / 1025
2022
Imports $66.5MWorld Rnk 17 / 189
Flag Rnk 693 / 1215
2022
Origin $3.21M France
2021 - 2022
FASTEST GROWING ORIGIN $3.21MFrance
2022
ECONOMIC COMPLEXITY of Italy1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $28.6M in Other Precious Metal Products, making it the 27th largest exporter of Other Precious Metal Products in the world. At the same year, Other Precious Metal Products was the 802nd most exported product in Italy. The main destination of Other Precious Metal Products exports from Italy are: Switzerland ($4.15M), Spain ($3.91M), Poland ($3.84M), Germany ($3.61M), and Norway ($2.63M).

The fastest growing export markets for Other Precious Metal Products of Italy between 2021 and 2022 were Spain ($3.1M), Poland ($2.23M), and Switzerland ($2.05M).

Imports In 2022, Italy imported $66.5M in Other Precious Metal Products, becoming the 17th largest importer of Other Precious Metal Products in the world. At the same year, Other Precious Metal Products was the 693rd most imported product in Italy. Italy imports Other Precious Metal Products primarily from: France ($23.5M), Germany ($21.1M), Norway ($4.94M), United States ($3.81M), and Czechia ($3.69M).

The fastest growing import markets in Other Precious Metal Products for Italy between 2021 and 2022 were France ($3.21M), Czechia ($1.23M), and Switzerland ($1.07M).

Latest Trends

September 2024

About

Overview In September 2024 Italy's Other Precious Metal Products exports accounted up to €1.21M and imports accounted up to €3.29M, resulting in a negative trade balance of €2.08M. Between September 2023 and September 2024 the exports of Italy's   Other Precious Metal Products have decreased by €-1.46M (-54.8%) from €2.66M to €1.21M, while imports decreased by €-2.34M (-41.6%) from €5.62M to €3.29M.

Destinations In September 2024, Other Precious Metal Products were exported mostly to United Kingdom (€320k), Germany (€290k), Switzerland (€239k), United States (€144k), and Canada (€40.7k), and were imported mostly from France (€1.21M), Germany (€1.12M), Spain (€295k), United States (€197k), and China (€194k).

Growth In September 2024, the decrease in Other Precious Metal Products's year-by-year exports was explained primarily by a decrease in exports to Spain (€-3.14M or -97.8%), Thailand (€-95.1k or -97.3%), and France (€-59.1k or -81.5%). In September 2024, the decrease in Other Precious Metal Products's year-by-year imports was explained primarily by a decrease in imports from France (€-387k or -41.4%), Belgium (€-32.8k or -99.8%), and Hungary (€-21.5k or -74.9%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)€-1.46M(-54.8%)
IMPORT GROWTH (September 2023 - September 2024)€-2.34M(-41.6%)
MAIN DESTINATION (September 2024)United Kingdom€320k

This section shows Other Precious Metal Products'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 Other Precious Metal Products over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$28.6M
IMPORTS (2022)$66.5M
NET TRADE (2022)-$37.9M

In 2022, Italy exported $28.6M in Other Precious Metal Products. The main destinations of Italy exports on Other Precious Metal Products were Switzerland ($4.15M), Spain ($3.91M), Poland ($3.84M), Germany ($3.61M), and Norway ($2.63M).

In 2022, Italy imported $66.5M in Other Precious Metal Products, mainly from France ($23.5M), Germany ($21.1M), Norway ($4.94M), United States ($3.81M), and Czechia ($3.69M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Precious Metal Products EXPORT MARKETS FOR Italy WERE (2021 - 2022):
Spain$3.1M (382%)
Poland$2.23M (139%)
Switzerland$2.05M (97.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Precious Metal Products BY Italy WERE (2021 - 2022):
Thailand-$1.62M (-74.7%)
United Kingdom-$1.19M (-64%)
Germany-$1.17M (-24.5%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Other Precious Metal Products were:
Canada $1.78B
United States $1.7B
Germany $911M
In 2022, Italy's main importing competitors in Other Precious Metal Products were:
United States $4.42B
Singapore $789M
Canada $579M

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Trade Value of Other Precious Metal Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $5.71M
TOP IMPORT POTENTIALUnited States+ $2.41M

Other Precious Metal Products’s highest export potential is United States. With an export gap of $5.71M.   Other Precious Metal Products’s highest import potential is United States with an import gap of $2.41M.

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