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2022
Exports $101MWorld Rnk 5 / 141
Flag Rnk 573 / 1217
2022
Destination $2.06M Germany
2021 - 2022
FASTEST GROWING MARKET $2.06MCanada
2022
PRODUCT COMPLEXITY IN Pile Fabric0.18Rnk 494 / 1025
2022
Imports $62.4MWorld Rnk 24 / 195
Flag Rnk 703 / 1215
2022
Origin $2.87M China
2021 - 2022
FASTEST GROWING ORIGIN $2.87MChina
2022
ECONOMIC COMPLEXITY of Italy1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $101M in Pile Fabric, making it the 5th largest exporter of Pile Fabric in the world. At the same year, Pile Fabric was the 573rd most exported product in Italy. The main destination of Pile Fabric exports from Italy are: Germany ($15M), Romania ($11.4M), France ($5.4M), Poland ($4.64M), and Spain ($4.3M).

The fastest growing export markets for Pile Fabric of Italy between 2021 and 2022 were Canada ($2.06M), Poland ($1.04M), and Romania ($966k).

Imports In 2022, Italy imported $62.4M in Pile Fabric, becoming the 24th largest importer of Pile Fabric in the world. At the same year, Pile Fabric was the 703rd most imported product in Italy. Italy imports Pile Fabric primarily from: China ($28.8M), Spain ($5.35M), Slovenia ($5M), Germany ($3.67M), and South Korea ($3.11M).

The fastest growing import markets in Pile Fabric for Italy between 2021 and 2022 were China ($2.87M), Slovenia ($1.87M), and South Korea ($1.44M).

Latest Trends

March 2024

About

Overview In March 2024 Italy's Pile Fabric exports accounted up to €3.09M and imports accounted up to €1.53M, resulting in a positive trade balance of €1.56M. Between March 2023 and March 2024 the exports of Italy's   Pile Fabric have decreased by €-3.62M (-54%) from €6.71M to €3.09M, while imports increased by €171k (12.6%) from €1.35M to €1.53M.

Destinations In March 2024, Pile Fabric were exported mostly to Germany (€765k), Romania (€469k), Tunisia (€334k), Portugal (€312k), and France (€273k), and were imported mostly from China (€1.17M), Germany (€173k), France (€147k), Indonesia (€35k), and Netherlands (€141).

Growth In March 2024, the decrease in Pile Fabric's year-by-year exports was explained primarily by a decrease in exports to Tunisia (€-126k or -44.4%), France (€-59.1k or -16.2%), and United Kingdom (€-52.6k or -39.2%). In March 2024, the increase in Pile Fabric's year-by-year imports was explained primarily by an increase in imports from Germany (€588k or 635%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2023 - March 2024)€-3.62M(-54%)
IMPORT GROWTH (March 2023 - March 2024)€171k(12.6%)
MAIN DESTINATION (March 2024)Germany€765k

This section shows Pile Fabric'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 Pile Fabric over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$101M
IMPORTS (2022)$62.4M
NET TRADE (2022)$39M

In 2022, Italy exported $101M in Pile Fabric. The main destinations of Italy exports on Pile Fabric were Germany ($15M), Romania ($11.4M), France ($5.4M), Poland ($4.64M), and Spain ($4.3M).

In 2022, Italy imported $62.4M in Pile Fabric, mainly from China ($28.8M), Spain ($5.35M), Slovenia ($5M), Germany ($3.67M), and South Korea ($3.11M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pile Fabric EXPORT MARKETS FOR Italy WERE (2021 - 2022):
Canada$2.06M (260%)
Poland$1.04M (28.9%)
Romania$966k (9.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pile Fabric BY Italy WERE (2021 - 2022):
Germany-$2.31M (-13.4%)
Spain-$1.88M (-30.4%)
Moldova-$1.78M (-69.2%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Pile Fabric were:
China $4.28B
South Korea $191M
Malaysia $184M
In 2022, Italy's main importing competitors in Pile Fabric were:
Vietnam $584M
Bangladesh $554M
Indonesia $285M

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Trade Value of Pile Fabric by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.63M
TOP IMPORT POTENTIALChina+ $8.29M

Pile Fabric’s highest export potential is United States. With an export gap of $1.63M.   Pile Fabric’s highest import potential is China with an import gap of $8.29M.

See methodology.

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