2022
Exports
$8.09BWorld Rnk 2 / 218
Flag Rnk 21 / 96
2022
PRODUCT COMPLEXITY IN Preparations of cereals, flour, starch or milk
0.015Rnk 542 / 1025
2022
Imports
$2.03BWorld Rnk 9 / 226
Flag Rnk 45 / 96
2022
ECONOMIC COMPLEXITY of Italy
1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $8.09B in Preparations of cereals, flour, starch or milk, making it the 2nd largest exporter of Preparations of cereals, flour, starch or milk in the world. At the same year, Preparations of cereals, flour, starch or milk was the 21st most exported product in Italy. The main destination of Preparations of cereals, flour, starch or milk exports from Italy are: Germany ($1.14B), France ($1.08B), United States ($1.07B), United Kingdom ($814M), and Spain ($370M).

The fastest growing export markets for Preparations of cereals, flour, starch or milk of Italy between 2021 and 2022 were United States ($221M), United Kingdom ($89.4M), and Germany ($48.9M).

Imports In 2022, Italy imported $2.03B in Preparations of cereals, flour, starch or milk, becoming the 9th largest importer of Preparations of cereals, flour, starch or milk in the world. At the same year, Preparations of cereals, flour, starch or milk was the 45th most imported product in Italy. Italy imports Preparations of cereals, flour, starch or milk primarily from: Germany ($503M), France ($423M), Austria ($215M), Spain ($191M), and Belgium ($164M).

The fastest growing import markets in Preparations of cereals, flour, starch or milk for Italy between 2021 and 2022 were Germany ($43M), Belgium ($28M), and Poland ($22.8M).

COMPANIES In 2023, leading companies such as Prodotti Mediterranei (1.49k), Barilla (1.19k), and Prime Line Coffee (304) were at the forefront of shipping Preparations of cereals, flour, starch or milk from Italy to the United States.

Latest Trends

March 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2023 - March 2024)€-31M(-4.24%)
IMPORT GROWTH (March 2023 - March 2024)€-17.5M(-8.87%)
MAIN DESTINATION (March 2024)Germany€110M

This section shows Preparations of cereals, flour, starch or milk'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 Preparations of cereals, flour, starch or milk over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$8.09B
IMPORTS (2022)$2.03B
NET TRADE (2022)$6.06B

In 2022, Italy exported $8.09B in Preparations of cereals, flour, starch or milk. The main destinations of Italy exports on Preparations of cereals, flour, starch or milk were Germany ($1.14B), France ($1.08B), United States ($1.07B), United Kingdom ($814M), and Spain ($370M).

In 2022, Italy imported $2.03B in Preparations of cereals, flour, starch or milk, mainly from Germany ($503M), France ($423M), Austria ($215M), Spain ($191M), and Belgium ($164M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Preparations of cereals, flour, starch or milk EXPORT MARKETS FOR Italy WERE (2021 - 2022):
United States$221M (25.8%)
United Kingdom$89.4M (12.3%)
Germany$48.9M (4.49%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Preparations of cereals, flour, starch or milk BY Italy WERE (2021 - 2022):
Russia-$22.6M (-32.7%)
China-$9.95M (-13.9%)
Ukraine-$8.03M (-18.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Preparations of cereals, flour, starch or milk were:
In 2022, Italy's main importing competitors in Preparations of cereals, flour, starch or milk were:

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Trade Value of Preparations of cereals, flour, starch or milk by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $121M
TOP IMPORT POTENTIALFrance+ $98.9M

Preparations of cereals, flour, starch or milk’s highest export potential is France. With an export gap of $121M.   Preparations of cereals, flour, starch or milk’s highest import potential is France with an import gap of $98.9M.

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