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2022
Exports $56.8MWorld Rnk 11 / 197
Flag Rnk 684 / 1217
2022
Destination $1.66M France
2021 - 2022
FASTEST GROWING MARKET $1.66MGermany
2022
PRODUCT COMPLEXITY IN Party Decorations-0.73Rnk 764 / 1025
2022
Imports $306MWorld Rnk 7 / 221
Flag Rnk 345 / 1215
2022
Origin $34.3M China
2021 - 2022
FASTEST GROWING ORIGIN $34.3MChina
2022
ECONOMIC COMPLEXITY of Italy1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $56.8M in Party Decorations, making it the 11th largest exporter of Party Decorations in the world. At the same year, Party Decorations was the 684th most exported product in Italy. The main destination of Party Decorations exports from Italy are: France ($9.08M), Spain ($7.5M), Germany ($6.05M), United States ($3.99M), and Portugal ($2.54M).

The fastest growing export markets for Party Decorations of Italy between 2021 and 2022 were Germany ($1.66M), France ($1.63M), and Portugal ($1.41M).

Imports In 2022, Italy imported $306M in Party Decorations, becoming the 7th largest importer of Party Decorations in the world. At the same year, Party Decorations was the 345th most imported product in Italy. Italy imports Party Decorations primarily from: China ($220M), Netherlands ($24.9M), Spain ($12.1M), France ($9.67M), and Germany ($9.2M).

The fastest growing import markets in Party Decorations for Italy between 2021 and 2022 were China ($34.3M), Netherlands ($8.58M), and Spain ($6.14M).

COMPANIES In 2023, leading companies such as Euromarket Designs (1) were at the forefront of shipping Party Decorations from Italy to the United States.

Latest Trends

March 2024

About

Overview In March 2024 Italy's Party Decorations exports accounted up to €1.71M and imports accounted up to €2.53M, resulting in a negative trade balance of €821k. Between March 2023 and March 2024 the exports of Italy's   Party Decorations have increased by €82.2k (5.06%) from €1.63M to €1.71M, while imports decreased by €-2.02M (-44.4%) from €4.54M to €2.53M.

Destinations In March 2024, Party Decorations were exported mostly to Germany (€569k), France (€272k), United States (€207k), Spain (€159k), and Switzerland (€155k), and were imported mostly from China (€1.27M), Germany (€446k), Belgium (€283k), France (€215k), and Netherlands (€84.4k).

Growth In March 2024, the increase in Party Decorations's year-by-year exports was explained primarily by an increase in exports to Germany (€635k or 260%), United States (€248k or 648%), and Switzerland (€162k or 265%). In March 2024, the decrease in Party Decorations's year-by-year imports was explained primarily by a decrease in imports from France (€-1.35M or -63.8%), China (€-432k or -16%), and Spain (€-430k or -45%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2023 - March 2024)€82.2k(5.06%)
IMPORT GROWTH (March 2023 - March 2024)€-2.02M(-44.4%)
MAIN DESTINATION (March 2024)Germany€569k

This section shows Party Decorations'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 Party Decorations over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$56.8M
IMPORTS (2022)$306M
NET TRADE (2022)-$249M

In 2022, Italy exported $56.8M in Party Decorations. The main destinations of Italy exports on Party Decorations were France ($9.08M), Spain ($7.5M), Germany ($6.05M), United States ($3.99M), and Portugal ($2.54M).

In 2022, Italy imported $306M in Party Decorations, mainly from China ($220M), Netherlands ($24.9M), Spain ($12.1M), France ($9.67M), and Germany ($9.2M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Party Decorations EXPORT MARKETS FOR Italy WERE (2021 - 2022):
Germany$1.66M (37.9%)
France$1.63M (21.8%)
Portugal$1.41M (125%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Party Decorations BY Italy WERE (2021 - 2022):
Hong Kong-$1.16M (-71.9%)
Slovakia-$372k (-58.1%)
Turkey-$324k (-87.3%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Party Decorations were:
China $11.7B
Netherlands $304M
United States $168M
In 2022, Italy's main importing competitors in Party Decorations were:
United States $7.33B
United Kingdom $624M
Canada $568M

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Trade Value of Party Decorations by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $5.1M
TOP IMPORT POTENTIALChina+ $7.79M

Party Decorations’s highest export potential is United States. With an export gap of $5.1M.   Party Decorations’s highest import potential is China with an import gap of $7.79M.

See methodology.

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