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2022
Exports $225MWorld Rnk 22 / 119
Flag Rnk 401 / 1217
2022
Destination $17.5M Germany
2021 - 2022
FASTEST GROWING MARKET $17.5MSpain
2022
PRODUCT COMPLEXITY IN Semi-Finished Iron-0.88Rnk 800 / 1025
2022
Imports $2.16BWorld Rnk 6 / 188
Flag Rnk 60 / 1215
2022
Origin $336M Russia
2021 - 2022
FASTEST GROWING ORIGIN $336MChina
2022
ECONOMIC COMPLEXITY of Italy1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $225M in Semi-Finished Iron, making it the 22nd largest exporter of Semi-Finished Iron in the world. At the same year, Semi-Finished Iron was the 401st most exported product in Italy. The main destination of Semi-Finished Iron exports from Italy are: Germany ($56.9M), Spain ($35.9M), Switzerland ($25.6M), France ($19.8M), and United Kingdom ($14M).

The fastest growing export markets for Semi-Finished Iron of Italy between 2021 and 2022 were Spain ($17.5M), United Kingdom ($9.92M), and Switzerland ($8.28M).

Imports In 2022, Italy imported $2.16B in Semi-Finished Iron, becoming the 6th largest importer of Semi-Finished Iron in the world. At the same year, Semi-Finished Iron was the 60th most imported product in Italy. Italy imports Semi-Finished Iron primarily from: Russia ($518M), China ($342M), India ($179M), Ukraine ($147M), and Indonesia ($127M).

The fastest growing import markets in Semi-Finished Iron for Italy between 2021 and 2022 were China ($336M), Russia ($190M), and Indonesia ($127M).

Latest Trends

September 2024

About

Overview In September 2024 Italy's Semi-Finished Iron exports accounted up to €10.3M and imports accounted up to €142M, resulting in a negative trade balance of €132M. Between September 2023 and September 2024 the exports of Italy's   Semi-Finished Iron have decreased by €-12.1M (-54%) from €22.4M to €10.3M, while imports increased by €30.7M (27.5%) from €112M to €142M.

Destinations In September 2024, Semi-Finished Iron were exported mostly to Germany (€3.11M), Romania (€2.83M), Spain (€687k), France (€681k), and Austria (€505k), and were imported mostly from Vietnam (€33.3M), Russia (€32.7M), China (€23.5M), Turkey (€11M), and Iran (€9.33M).

Growth In September 2024, the decrease in Semi-Finished Iron's year-by-year exports was explained primarily by a decrease in exports to France (€-1.2M or -65.4%), Spain (€-1.05M or -35%), and Turkey (€-168k or -68.5%). In September 2024, the increase in Semi-Finished Iron's year-by-year imports was explained primarily by an increase in imports from Germany (€13.1M or 692%), Slovakia (€1.65M or 715%), and Czechia (€1.05M or 110%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)€-12.1M(-54%)
IMPORT GROWTH (September 2023 - September 2024)€30.7M(27.5%)
MAIN DESTINATION (September 2024)Germany€3.11M

This section shows Semi-Finished Iron'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 Semi-Finished Iron over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$225M
IMPORTS (2022)$2.16B
NET TRADE (2022)-$1.94B

In 2022, Italy exported $225M in Semi-Finished Iron. The main destinations of Italy exports on Semi-Finished Iron were Germany ($56.9M), Spain ($35.9M), Switzerland ($25.6M), France ($19.8M), and United Kingdom ($14M).

In 2022, Italy imported $2.16B in Semi-Finished Iron, mainly from Russia ($518M), China ($342M), India ($179M), Ukraine ($147M), and Indonesia ($127M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Semi-Finished Iron EXPORT MARKETS FOR Italy WERE (2021 - 2022):
Spain$17.5M (95.2%)
United Kingdom$9.92M (244%)
Switzerland$8.28M (47.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Semi-Finished Iron BY Italy WERE (2021 - 2022):
United States-$45.3M (-88.2%)
Canada-$43.4M (-99.7%)
Germany-$16.5M (-22.4%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Semi-Finished Iron were:
Russia $8.38B
Oman $3.44B
Brazil $3.42B
In 2022, Italy's main importing competitors in Semi-Finished Iron were:
United States $3.03B
Turkey $2.81B
China $2.38B

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Trade Value of Semi-Finished Iron by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $12M
TOP IMPORT POTENTIALRussia+ $67.9M

Semi-Finished Iron’s highest export potential is France. With an export gap of $12M.   Semi-Finished Iron’s highest import potential is Russia with an import gap of $67.9M.

See methodology.

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