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2022
Exports $723MWorld Rnk 3 / 151
Flag Rnk 189 / 1217
2022
Destination $5.4M Germany
2021 - 2022
FASTEST GROWING MARKET $5.4MUnited States
2022
PRODUCT COMPLEXITY IN Sausages0.15Rnk 503 / 1025
2022
Imports $76.6MWorld Rnk 22 / 221
Flag Rnk 663 / 1215
2022
Origin $1.57M Austria
2021 - 2022
FASTEST GROWING ORIGIN $1.57MBelgium
2022
ECONOMIC COMPLEXITY of Italy1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $723M in Sausages, making it the 3rd largest exporter of Sausages in the world. At the same year, Sausages was the 189th most exported product in Italy. The main destination of Sausages exports from Italy are: Germany ($164M), France ($79.5M), United Kingdom ($78.5M), Switzerland ($58.1M), and Belgium ($41.1M).

The fastest growing export markets for Sausages of Italy between 2021 and 2022 were United States ($5.4M), Canada ($4.77M), and United Kingdom ($2.87M).

Imports In 2022, Italy imported $76.6M in Sausages, becoming the 22nd largest importer of Sausages in the world. At the same year, Sausages was the 663rd most imported product in Italy. Italy imports Sausages primarily from: Austria ($21.6M), Germany ($17.4M), Romania ($13.8M), Spain ($8.19M), and France ($3.49M).

The fastest growing import markets in Sausages for Italy between 2021 and 2022 were Belgium ($1.57M), France ($506k), and United Kingdom ($445k).

Latest Trends

March 2024

About

Overview In March 2024 Italy's Sausages exports accounted up to €68.3M and imports accounted up to €8.24M, resulting in a positive trade balance of €60.1M. Between March 2023 and March 2024 the exports of Italy's   Sausages have increased by €6.26M (10.1%) from €62M to €68.3M, while imports decreased by €-22.3k (-0.27%) from €8.26M to €8.24M.

Destinations In March 2024, Sausages were exported mostly to Germany (€16.4M), France (€7.55M), United Kingdom (€7.27M), United States (€5.1M), and Switzerland (€4.91M), and were imported mostly from Austria (€2.68M), Romania (€2M), Germany (€1.18M), Spain (€949k), and France (€777k).

Growth In March 2024, the increase in Sausages's year-by-year exports was explained primarily by an increase in exports to Canada (€2.52M or 302%), France (€1.46M or 27.9%), and Germany (€1.09M or 10.2%). In March 2024, the decrease in Sausages's year-by-year imports was explained primarily by a decrease in imports from France (€-56.1k or -19.4%), Poland (€-48.3k or -55.1%), and Netherlands (€-12.6k or -46.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2023 - March 2024)€6.26M(10.1%)
IMPORT GROWTH (March 2023 - March 2024)€-22.3k(-0.27%)
MAIN DESTINATION (March 2024)Germany€16.4M

This section shows Sausages'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 Sausages over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$723M
IMPORTS (2022)$76.6M
NET TRADE (2022)$646M

In 2022, Italy exported $723M in Sausages. The main destinations of Italy exports on Sausages were Germany ($164M), France ($79.5M), United Kingdom ($78.5M), Switzerland ($58.1M), and Belgium ($41.1M).

In 2022, Italy imported $76.6M in Sausages, mainly from Austria ($21.6M), Germany ($17.4M), Romania ($13.8M), Spain ($8.19M), and France ($3.49M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Sausages EXPORT MARKETS FOR Italy WERE (2021 - 2022):
United States$5.4M (18.2%)
Canada$4.77M (19.4%)
United Kingdom$2.87M (3.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Sausages BY Italy WERE (2021 - 2022):
Germany-$21M (-11.4%)
Japan-$8.42M (-84.9%)
Switzerland-$4.92M (-7.81%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Sausages were:
Germany $864M
United States $759M
In 2022, Italy's main importing competitors in Sausages were:
Germany $811M
United Kingdom $754M
France $467M

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Trade Value of Sausages by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $17.3M
TOP IMPORT POTENTIALFrance+ $3.61M

Sausages’s highest export potential is France. With an export gap of $17.3M.   Sausages’s highest import potential is France with an import gap of $3.61M.

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