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2022
Exports $164MWorld Rnk 18 / 125
Flag Rnk 468 / 1217
2022
Destination $4.22M Japan
2021 - 2022
FASTEST GROWING MARKET $4.22MLaos
2022
PRODUCT COMPLEXITY IN Pig Meat0.68Rnk 284 / 1025
2022
Imports $2.33BWorld Rnk 3 / 218
Flag Rnk 54 / 1215
2022
Origin $108M Germany
2021 - 2022
FASTEST GROWING ORIGIN $108MSpain
2022
ECONOMIC COMPLEXITY of Italy1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $164M in Pig Meat, making it the 18th largest exporter of Pig Meat in the world. At the same year, Pig Meat was the 468th most exported product in Italy. The main destination of Pig Meat exports from Italy are: Japan ($15M), Romania ($14.8M), Spain ($14.3M), Slovenia ($11.1M), and Poland ($10.6M).

The fastest growing export markets for Pig Meat of Italy between 2021 and 2022 were Laos ($4.22M), Poland ($2.99M), and Croatia ($2.25M).

Imports In 2022, Italy imported $2.33B in Pig Meat, becoming the 3rd largest importer of Pig Meat in the world. At the same year, Pig Meat was the 54th most imported product in Italy. Italy imports Pig Meat primarily from: Germany ($816M), Spain ($407M), Netherlands ($377M), Denmark ($262M), and France ($172M).

The fastest growing import markets in Pig Meat for Italy between 2021 and 2022 were Spain ($108M), Germany ($60.7M), and Netherlands ($59.4M).

Latest Trends

March 2024

About

Overview In March 2024 Italy's Pig Meat exports accounted up to €6.53M and imports accounted up to €262M, resulting in a negative trade balance of €256M. Between March 2023 and March 2024 the exports of Italy's   Pig Meat have increased by €890k (15.8%) from €5.64M to €6.53M, while imports decreased by €-11.2M (-4.1%) from €274M to €262M.

Destinations In March 2024, Pig Meat were exported mostly to Spain (€2.11M), Romania (€1.83M), Germany (€973k), France (€682k), and Austria (€600k), and were imported mostly from Germany (€70.1M), Spain (€61.3M), Netherlands (€52.5M), Denmark (€26.7M), and France (€20.2M).

Growth In March 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 March 2024, the decrease in Pig Meat's year-by-year imports was explained primarily by a decrease in imports from Romania (€-43.2k or -36.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2023 - March 2024)€890k(15.8%)
IMPORT GROWTH (March 2023 - March 2024)€-11.2M(-4.1%)
MAIN DESTINATION (March 2024)Spain€2.11M

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 (2022)$164M
IMPORTS (2022)$2.33B
NET TRADE (2022)-$2.16B

In 2022, Italy exported $164M in Pig Meat. The main destinations of Italy exports on Pig Meat were Japan ($15M), Romania ($14.8M), Spain ($14.3M), Slovenia ($11.1M), and Poland ($10.6M).

In 2022, Italy imported $2.33B in Pig Meat, mainly from Germany ($816M), Spain ($407M), Netherlands ($377M), Denmark ($262M), and France ($172M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pig Meat EXPORT MARKETS FOR Italy WERE (2021 - 2022):
Laos$4.22M (1%)
Poland$2.99M (39.3%)
Croatia$2.25M (145%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pig Meat BY Italy WERE (2021 - 2022):
China-$82.4M (-99.5%)
Japan-$26.4M (-63.8%)
Chinese Taipei-$3.74M (-98.3%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Pig Meat were:
Spain $5.92B
United States $5.38B
Germany $3.8B
In 2022, Italy's main importing competitors in Pig Meat were:
China $4.34B
Japan $4.03B

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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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