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2022
Exports $1.54BWorld Rnk 3 / 202
Flag Rnk 106 / 1217
2022
Destination $41.4M United States
2021 - 2022
FASTEST GROWING MARKET $41.4MUnited States
2022
PRODUCT COMPLEXITY IN Sauces and Seasonings-0.62Rnk 736 / 1025
2022
Imports $274MWorld Rnk 17 / 225
Flag Rnk 364 / 1215
2022
Origin $11.6M Germany
2021 - 2022
FASTEST GROWING ORIGIN $11.6MNetherlands
2022
ECONOMIC COMPLEXITY of Italy1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $1.54B in Sauces and Seasonings, making it the 3rd largest exporter of Sauces and Seasonings in the world. At the same year, Sauces and Seasonings was the 106th most exported product in Italy. The main destination of Sauces and Seasonings exports from Italy are: United States ($391M), Germany ($260M), France ($174M), United Kingdom ($121M), and Switzerland ($58.3M).

The fastest growing export markets for Sauces and Seasonings of Italy between 2021 and 2022 were United States ($41.4M), France ($10.3M), and Rwanda ($8.83M).

Imports In 2022, Italy imported $274M in Sauces and Seasonings, becoming the 17th largest importer of Sauces and Seasonings in the world. At the same year, Sauces and Seasonings was the 364th most imported product in Italy. Italy imports Sauces and Seasonings primarily from: Germany ($81.1M), Netherlands ($41.6M), Poland ($30.6M), Spain ($28.3M), and Austria ($16.7M).

The fastest growing import markets in Sauces and Seasonings for Italy between 2021 and 2022 were Netherlands ($11.6M), Germany ($9.29M), and Austria ($4.55M).

COMPANIES In 2023, leading companies such as Certified Origins (112), Barilla (25), and Prime Line Coffee (25) were at the forefront of shipping Sauces and Seasonings from Italy to the United States.

Latest Trends

July 2024

About

Overview In July 2024 Italy's Sauces and Seasonings exports accounted up to €175M and imports accounted up to €30.1M, resulting in a positive trade balance of €144M. Between July 2023 and July 2024 the exports of Italy's   Sauces and Seasonings have increased by €33.7M (23.9%) from €141M to €175M, while imports increased by €4.14M (15.9%) from €25.9M to €30.1M.

Destinations In July 2024, Sauces and Seasonings were exported mostly to United States (€42.1M), Germany (€31M), France (€20.7M), United Kingdom (€13.4M), and Switzerland (€6.63M), and were imported mostly from Germany (€9.92M), Poland (€4.42M), Netherlands (€4.19M), Spain (€3.52M), and Austria (€1.77M).

Growth In July 2024, the increase in Sauces and Seasonings's year-by-year exports was explained primarily by an increase in exports to United States (€9.68M or 47.3%), Germany (€7.25M or 41.7%), and France (€4.68M or 43.2%). In July 2024, the increase in Sauces and Seasonings's year-by-year imports was explained primarily by an increase in imports from Germany (€3.14M or 48.1%), Poland (€1.59M or 104%), and Netherlands (€1.43M or 62.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)€33.7M(23.9%)
IMPORT GROWTH (July 2023 - July 2024)€4.14M(15.9%)
MAIN DESTINATION (July 2024)United States€42.1M

This section shows Sauces and Seasonings'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 Sauces and Seasonings over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.54B
IMPORTS (2022)$274M
NET TRADE (2022)$1.27B

In 2022, Italy exported $1.54B in Sauces and Seasonings. The main destinations of Italy exports on Sauces and Seasonings were United States ($391M), Germany ($260M), France ($174M), United Kingdom ($121M), and Switzerland ($58.3M).

In 2022, Italy imported $274M in Sauces and Seasonings, mainly from Germany ($81.1M), Netherlands ($41.6M), Poland ($30.6M), Spain ($28.3M), and Austria ($16.7M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Sauces and Seasonings EXPORT MARKETS FOR Italy WERE (2021 - 2022):
United States$41.4M (11.9%)
France$10.3M (6.28%)
Rwanda$8.83M (986%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Sauces and Seasonings BY Italy WERE (2021 - 2022):
Russia-$5.78M (-27.8%)
Germany-$3.87M (-1.47%)
Sweden-$1.41M (-6.42%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Sauces and Seasonings were:
United States $2.15B
China $2.05B
In 2022, Italy's main importing competitors in Sauces and Seasonings were:
United States $2.23B
United Kingdom $1.01B
France $968M

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Trade Value of Sauces and Seasonings by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $34M
TOP IMPORT POTENTIALFrance+ $8.33M

Sauces and Seasonings’s highest export potential is France. With an export gap of $34M.   Sauces and Seasonings’s highest import potential is France with an import gap of $8.33M.

See methodology.

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