2023
Exports
$14.2MWorld Rnk 17 / 78
Flag Rnk 922 / 1216
2023
PRODUCT COMPLEXITY IN Scrap Vessels
-1.53Rnk 947 / 1025
2023
Imports
$1.56MWorld Rnk 17 / 98
Flag Rnk 1152 / 1213
2023
ECONOMIC COMPLEXITY of Italy
1.29Rnk 18 / 132

About

Exports In 2023, Italy exported $14.2M in Scrap Vessels, making it the 17th largest exporter of Scrap Vessels in the world. At the same year, Scrap Vessels was the 922nd most exported product in Italy. The main destination of Scrap Vessels exports from Italy are: Turkey ($7.02M), Pakistan ($5.97M), France ($590k), Slovakia ($396k), and Ethiopia ($102k).

The fastest growing export markets for Scrap Vessels of Italy between 2022 and 2023 were Pakistan ($5.97M), Ethiopia ($100k), and France ($67.1k).

Imports In 2023, Italy imported $1.56M in Scrap Vessels, becoming the 17th largest importer of Scrap Vessels in the world. At the same year, Scrap Vessels was the 1152nd most imported product in Italy. Italy imports Scrap Vessels primarily from: Netherlands ($1.41M), United Kingdom ($142k), Germany ($5.19k), and France ($3.37k).

The fastest growing import markets in Scrap Vessels for Italy between 2022 and 2023 were Netherlands ($1.41M), United Kingdom ($105k), and Germany ($5.19k).

Latest Trends

August 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (February 2023 - August 2024)€367k(1.1k%)
IMPORT GROWTH (June 2021 - May 2024)€-62(-98.4%)
MAIN DESTINATION (August 2024)

This section shows Scrap Vessels'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 Scrap Vessels over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$14.2M
IMPORTS (2023)$1.56M
NET TRADE (2023)$12.6M

In 2023, Italy exported $14.2M in Scrap Vessels. The main destinations of Italy exports on Scrap Vessels were Turkey ($7.02M), Pakistan ($5.97M), France ($590k), Slovakia ($396k), and Ethiopia ($102k).

In 2023, Italy imported $1.56M in Scrap Vessels, mainly from Netherlands ($1.41M), United Kingdom ($142k), Germany ($5.19k), and France ($3.37k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Scrap Vessels EXPORT MARKETS FOR Italy WERE (2022 - 2023):
Pakistan$5.97M (1%)
Ethiopia$100k (5.41k%)
France$67.1k (12.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scrap Vessels BY Italy WERE (2022 - 2023):
Turkey-$9.44M (-57.4%)
India-$8.01M (-100%)
Slovakia-$109k (-21.6%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Italy's main exporting competitors in Scrap Vessels were:
In 2023, Italy's main importing competitors in Scrap Vessels were:

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Trade Value of Scrap Vessels by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALTurkey+ $416k
TOP IMPORT POTENTIALFrance+ $20.8k

Scrap Vessels’s highest export potential is Turkey. With an export gap of $416k.   Scrap Vessels’s highest import potential is France with an import gap of $20.8k.

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