2022
Exports
$4.43MWorld Rnk 11 / 111
Flag Rnk 1042 / 1217
2022
PRODUCT COMPLEXITY IN Rubber Thread
0.38Rnk 414 / 1025
2022
Imports
$21.2MWorld Rnk 5 / 194
Flag Rnk 914 / 1215
2022
ECONOMIC COMPLEXITY of Italy
1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $4.43M in Rubber Thread, making it the 11th largest exporter of Rubber Thread in the world. At the same year, Rubber Thread was the 1042nd most exported product in Italy. The main destination of Rubber Thread exports from Italy are: Switzerland ($527k), Romania ($454k), Germany ($414k), Belgium ($391k), and France ($286k).

The fastest growing export markets for Rubber Thread of Italy between 2021 and 2022 were Angola ($186k), Belgium ($138k), and Romania ($105k).

Imports In 2022, Italy imported $21.2M in Rubber Thread, becoming the 5th largest importer of Rubber Thread in the world. At the same year, Rubber Thread was the 914th most imported product in Italy. Italy imports Rubber Thread primarily from: Thailand ($10M), Malaysia ($6.61M), Turkey ($1.27M), Slovenia ($755k), and India ($647k).

The fastest growing import markets in Rubber Thread for Italy between 2021 and 2022 were Thailand ($2.48M), Turkey ($229k), and India ($129k).

Latest Trends

March 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2023 - March 2024)€-93.2k(-18.6%)
IMPORT GROWTH (March 2023 - March 2024)€176k(21.3%)
MAIN DESTINATION (March 2024)Germany€148k

This section shows Rubber Thread'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 Thread over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$4.43M
IMPORTS (2022)$21.2M
NET TRADE (2022)-$16.8M

In 2022, Italy exported $4.43M in Rubber Thread. The main destinations of Italy exports on Rubber Thread were Switzerland ($527k), Romania ($454k), Germany ($414k), Belgium ($391k), and France ($286k).

In 2022, Italy imported $21.2M in Rubber Thread, mainly from Thailand ($10M), Malaysia ($6.61M), Turkey ($1.27M), Slovenia ($755k), and India ($647k).

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Export Destinations (NaN)

Import Origins (NaN)

Market Growth

Flow
THE FASTEST GROWING Rubber Thread EXPORT MARKETS FOR Italy WERE (2021 - 2022):
Angola$186k (314%)
Belgium$138k (54.6%)
Romania$105k (30.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rubber Thread BY Italy WERE (2021 - 2022):
Tunisia-$205k (-69.4%)
Greece-$84.1k (-62.7%)
Czechia-$65.8k (-45.4%)

Change in Exports by Market (undefined - undefined)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Rubber Thread were:
In 2022, Italy's main importing competitors in Rubber Thread were:

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Trade Value of Rubber Thread by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $190k
TOP IMPORT POTENTIALChina+ $331k

Rubber Thread’s highest export potential is China. With an export gap of $190k.   Rubber Thread’s highest import potential is China with an import gap of $331k.

See methodology.

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