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2023
Exports $183MWorld Rnk 17 / 133
Flag Rnk 440 / 1216
2023
Destination $4.87M Spain
2022 - 2023
FASTEST GROWING MARKET $4.87MSlovenia
2023
PRODUCT COMPLEXITY IN Pig Meat0.65Rnk 305 / 1025
2023
Imports $3.16BWorld Rnk 3 / 219
Flag Rnk 28 / 1213
2023
Origin $356M Germany
2022 - 2023
FASTEST GROWING ORIGIN $356MSpain
2023
ECONOMIC COMPLEXITY of Italy1.29Rnk 18 / 132

About

Exports In 2023, Italy exported $183M in Pig Meat, making it the 17th largest exporter of Pig Meat in the world. At the same year, Pig Meat was the 440th most exported product in Italy. The main destination of Pig Meat exports from Italy are: Spain ($21.8M), France ($20.8M), Romania ($18.1M), Hungary ($14M), and Czechia ($12.1M).

The fastest growing export markets for Pig Meat of Italy between 2022 and 2023 were Slovenia ($4.87M), Greece ($4.05M), and France ($3.96M).

Imports In 2023, Italy imported $3.16B in Pig Meat, becoming the 3rd largest importer of Pig Meat in the world. At the same year, Pig Meat was the 28th most imported product in Italy. Italy imports Pig Meat primarily from: Germany ($940M), Spain ($747M), Netherlands ($558M), Denmark ($321M), and France ($243M).

The fastest growing import markets in Pig Meat for Italy between 2022 and 2023 were Spain ($356M), Germany ($184M), and Netherlands ($161M).

Latest Trends

October 2024

About

Overview In October 2024 Italy's Pig Meat exports accounted up to €4.32M and imports accounted up to €281M, resulting in a negative trade balance of €277M. Between October 2023 and October 2024 the exports of Italy's   Pig Meat have increased by €359k (9.06%) from €3.96M to €4.32M, while imports increased by €22M (8.49%) from €259M to €281M.

Destinations In October 2024, Pig Meat were exported mostly to Spain (€1.36M), France (€581k), Malta (€467k), Germany (€393k), and Croatia (€367k), and were imported mostly from Germany (€83.1M), Spain (€72.2M), Netherlands (€44.6M), Denmark (€27.4M), and France (€22.6M).

Growth In October 2024, the increase in Pig Meat's year-by-year exports was explained primarily by an increase in exports to Germany (€591k or 216%), Spain (€427k or 56.3%), and Netherlands (€252k or 176%). In October 2024, the increase in Pig Meat's year-by-year imports was explained primarily by an increase in imports from Netherlands (€23.7M or 119%), Germany (€21.2M or 45.1%), and Spain (€21.1M or 96.5%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)€359k(9.06%)
IMPORT GROWTH (October 2023 - October 2024)€22M(8.49%)
MAIN DESTINATION (October 2024)Spain€1.36M

This section shows Pig Meat'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 Pig Meat over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$183M
IMPORTS (2023)$3.16B
NET TRADE (2023)-$2.98B

In 2023, Italy exported $183M in Pig Meat. The main destinations of Italy exports on Pig Meat were Spain ($21.8M), France ($20.8M), Romania ($18.1M), Hungary ($14M), and Czechia ($12.1M).

In 2023, Italy imported $3.16B in Pig Meat, mainly from Germany ($940M), Spain ($747M), Netherlands ($558M), Denmark ($321M), and France ($243M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Pig Meat EXPORT MARKETS FOR Italy WERE (2022 - 2023):
Slovenia$4.87M (67.9%)
Greece$4.05M (101%)
France$3.96M (23.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pig Meat BY Italy WERE (2022 - 2023):
Japan-$20.7M (-99.2%)
Poland-$4.63M (-43.4%)
Laos-$4.22M (-100%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Italy's main exporting competitors in Pig Meat were:
Spain $6.54B
United States $5.98B
Germany $4.08B
In 2023, Italy's main importing competitors in Pig Meat were:
Japan $3.79B
China $3.27B

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Trade Value of Pig Meat by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $9.77M
TOP IMPORT POTENTIALFrance+ $44.1M

Pig Meat’s highest export potential is France. With an export gap of $9.77M.   Pig Meat’s highest import potential is France with an import gap of $44.1M.

See methodology.

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