2022
Exports
$354MWorld Rnk 7 / 97
Flag Rnk 307 / 1217
2022
PRODUCT COMPLEXITY IN Precious Metal Compounds
1.09Rnk 139 / 1025
2022
Imports
$124MWorld Rnk 25 / 184
Flag Rnk 544 / 1215
2022
ECONOMIC COMPLEXITY of Italy
1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $354M in Precious Metal Compounds, making it the 7th largest exporter of Precious Metal Compounds in the world. At the same year, Precious Metal Compounds was the 307th most exported product in Italy. The main destination of Precious Metal Compounds exports from Italy are: Germany ($195M), France ($39.4M), Switzerland ($14.8M), India ($13.9M), and United States ($12.1M).

The fastest growing export markets for Precious Metal Compounds of Italy between 2021 and 2022 were Germany ($37.7M), Netherlands ($4.6M), and Thailand ($4.05M).

Imports In 2022, Italy imported $124M in Precious Metal Compounds, becoming the 25th largest importer of Precious Metal Compounds in the world. At the same year, Precious Metal Compounds was the 544th most imported product in Italy. Italy imports Precious Metal Compounds primarily from: Germany ($44.3M), United Kingdom ($42.7M), France ($13.3M), Ireland ($5.07M), and Belgium ($4.61M).

The fastest growing import markets in Precious Metal Compounds for Italy between 2021 and 2022 were Germany ($24.9M), Hungary ($1.45M), and Mexico ($827k).

COMPANIES In 2023, leading companies such as Arhaus (7) were at the forefront of shipping Precious Metal Compounds from Italy to the United States.

Latest Trends

August 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)€-1.18M(-4.52%)
IMPORT GROWTH (August 2023 - August 2024)€5.2M(133%)
MAIN DESTINATION (August 2024)Germany€15.7M

This section shows Precious Metal Compounds'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 Precious Metal Compounds over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$354M
IMPORTS (2022)$124M
NET TRADE (2022)$229M

In 2022, Italy exported $354M in Precious Metal Compounds. The main destinations of Italy exports on Precious Metal Compounds were Germany ($195M), France ($39.4M), Switzerland ($14.8M), India ($13.9M), and United States ($12.1M).

In 2022, Italy imported $124M in Precious Metal Compounds, mainly from Germany ($44.3M), United Kingdom ($42.7M), France ($13.3M), Ireland ($5.07M), and Belgium ($4.61M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Precious Metal Compounds EXPORT MARKETS FOR Italy WERE (2021 - 2022):
Germany$37.7M (24%)
Netherlands$4.6M (135%)
Thailand$4.05M (77.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Precious Metal Compounds BY Italy WERE (2021 - 2022):
United States-$25.6M (-67.9%)
Macau-$6.12M (-45.9%)
India-$5.03M (-26.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Precious Metal Compounds were:
In 2022, Italy's main importing competitors in Precious Metal Compounds were:
India $1.47B
Czechia $1.07B

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Trade Value of Precious Metal Compounds by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $12.7M
TOP IMPORT POTENTIALGermany+ $8.13M

Precious Metal Compounds’s highest export potential is France. With an export gap of $12.7M.   Precious Metal Compounds’s highest import potential is Germany with an import gap of $8.13M.

See methodology.

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