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2022
Exports $86.9MWorld Rnk 2 / 134
Flag Rnk 603 / 1217
2022
Destination $5.15M Romania
2021 - 2022
FASTEST GROWING MARKET $5.15MGermany
2022
PRODUCT COMPLEXITY IN Rubber Textiles0.14Rnk 506 / 1025
2022
Imports $13MWorld Rnk 19 / 208
Flag Rnk 983 / 1215
2022
Origin $1.35M China
2021 - 2022
FASTEST GROWING ORIGIN $1.35MChina
2022
ECONOMIC COMPLEXITY of Italy1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $86.9M in Rubber Textiles, making it the 2nd largest exporter of Rubber Textiles in the world. At the same year, Rubber Textiles was the 603rd most exported product in Italy. The main destination of Rubber Textiles exports from Italy are: Romania ($26.9M), Germany ($17.4M), Hungary ($8.31M), China ($7.59M), and United Kingdom ($5.81M).

The fastest growing export markets for Rubber Textiles of Italy between 2021 and 2022 were Germany ($5.15M), Romania ($3.53M), and Hungary ($3.37M).

Imports In 2022, Italy imported $13M in Rubber Textiles, becoming the 19th largest importer of Rubber Textiles in the world. At the same year, Rubber Textiles was the 983rd most imported product in Italy. Italy imports Rubber Textiles primarily from: China ($5.24M), Germany ($2.29M), France ($1.98M), Romania ($565k), and Mexico ($558k).

The fastest growing import markets in Rubber Textiles for Italy between 2021 and 2022 were China ($1.35M), Germany ($1.1M), and Mexico ($361k).

COMPANIES In 2023, leading companies such as Goodyear Tire and Rubber (1) were at the forefront of shipping Rubber Textiles from Italy to the United States.

Latest Trends

March 2024

About

Overview In March 2024 Italy's Rubber Textiles exports accounted up to €5.98M and imports accounted up to €486k, resulting in a positive trade balance of €5.49M. Between March 2023 and March 2024 the exports of Italy's   Rubber Textiles have increased by €397k (7.1%) from €5.58M to €5.98M, while imports increased by €127k (35.4%) from €359k to €486k.

Destinations In March 2024, Rubber Textiles were exported mostly to Romania (€2.36M), Hungary (€1.43M), Germany (€1.13M), China (€492k), and Netherlands (€213k), and were imported mostly from Germany (€179k), Netherlands (€158k), China (€104k), Turkey (€17.6k), and Romania (€16.7k).

Growth In March 2024, the increase in Rubber Textiles's year-by-year exports was explained primarily by an increase in exports to Romania (€366k or 19.1%), Germany (€352k or 25.7%), and China (€318k or 60.6%). In March 2024, the increase in Rubber Textiles's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2023 - March 2024)€397k(7.1%)
IMPORT GROWTH (March 2023 - March 2024)€127k(35.4%)
MAIN DESTINATION (March 2024)Romania€2.36M

This section shows Rubber Textiles'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 Rubber Textiles over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$86.9M
IMPORTS (2022)$13M
NET TRADE (2022)$73.9M

In 2022, Italy exported $86.9M in Rubber Textiles. The main destinations of Italy exports on Rubber Textiles were Romania ($26.9M), Germany ($17.4M), Hungary ($8.31M), China ($7.59M), and United Kingdom ($5.81M).

In 2022, Italy imported $13M in Rubber Textiles, mainly from China ($5.24M), Germany ($2.29M), France ($1.98M), Romania ($565k), and Mexico ($558k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rubber Textiles EXPORT MARKETS FOR Italy WERE (2021 - 2022):
Germany$5.15M (42%)
Romania$3.53M (15.1%)
Hungary$3.37M (68.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rubber Textiles BY Italy WERE (2021 - 2022):
Mexico-$2.17M (-74.8%)
Russia-$2.01M (-71.2%)
Argentina-$941k (-76.3%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Rubber Textiles were:
China $343M
France $63.1M
In 2022, Italy's main importing competitors in Rubber Textiles were:
Vietnam $63.4M
United States $48.2M
Romania $42.1M

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Trade Value of Rubber Textiles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $1.36M
TOP IMPORT POTENTIALChina+ $978k

Rubber Textiles’s highest export potential is France. With an export gap of $1.36M.   Rubber Textiles’s highest import potential is China with an import gap of $978k.

See methodology.

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