2022
Exports
$264MWorld Rnk 2 / 138
Flag Rnk 83 / 96
2022
PRODUCT COMPLEXITY IN Silk
0.43Rnk 394 / 1025
2022
Imports
$323MWorld Rnk 1 / 196
Flag Rnk 80 / 96
2022
ECONOMIC COMPLEXITY of Italy
1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $264M in Silk, making it the 2nd largest exporter of Silk in the world. At the same year, Silk was the 83rd most exported product in Italy. The main destination of Silk exports from Italy are: France ($79.2M), Romania ($37.4M), Tunisia ($21.6M), United States ($12.3M), and Germany ($10.9M).

The fastest growing export markets for Silk of Italy between 2021 and 2022 were France ($19.3M), Tunisia ($6.86M), and United States ($5.11M).

Imports In 2022, Italy imported $323M in Silk, becoming the 1st largest importer of Silk in the world. At the same year, Silk was the 80th most imported product in Italy. Italy imports Silk primarily from: China ($191M), Romania ($86.5M), France ($7.79M), Germany ($6.87M), and Brazil ($6.01M).

The fastest growing import markets in Silk for Italy between 2021 and 2022 were China ($56.3M), Romania ($24.8M), and Slovenia ($4.74M).

Latest Trends

March 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2023 - March 2024)€-6.64M(-26.7%)
IMPORT GROWTH (March 2023 - March 2024)€-7.06M(-25.2%)
MAIN DESTINATION (March 2024)France€5.23M

This section shows Silk'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 Silk over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$264M
IMPORTS (2022)$323M
NET TRADE (2022)-$58.8M

In 2022, Italy exported $264M in Silk. The main destinations of Italy exports on Silk were France ($79.2M), Romania ($37.4M), Tunisia ($21.6M), United States ($12.3M), and Germany ($10.9M).

In 2022, Italy imported $323M in Silk, mainly from China ($191M), Romania ($86.5M), France ($7.79M), Germany ($6.87M), and Brazil ($6.01M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Silk EXPORT MARKETS FOR Italy WERE (2021 - 2022):
France$19.3M (32.2%)
Tunisia$6.86M (46.4%)
United States$5.11M (71.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Silk BY Italy WERE (2021 - 2022):
Romania-$3.03M (-7.48%)
Bulgaria-$1.08M (-9.62%)
Russia-$991k (-26.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Silk were:
In 2022, Italy's main importing competitors in Silk were:
India $305M

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Trade Value of Silk by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.18M
TOP IMPORT POTENTIALFrance+ $2.13M

Silk’s highest export potential is United States. With an export gap of $1.18M.   Silk’s highest import potential is France with an import gap of $2.13M.

See methodology.

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