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2022
Exports $103MWorld Rnk 12 / 126
Flag Rnk 571 / 1217
2022
Destination $4.7M Germany
2021 - 2022
FASTEST GROWING MARKET $4.7MGermany
2022
PRODUCT COMPLEXITY IN Stainless Steel Wire1.38Rnk 74 / 1025
2022
Imports $226MWorld Rnk 3 / 202
Flag Rnk 412 / 1215
2022
Origin $27.9M Netherlands
2021 - 2022
FASTEST GROWING ORIGIN $27.9MNetherlands
2022
ECONOMIC COMPLEXITY of Italy1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $103M in Stainless Steel Wire, making it the 12th largest exporter of Stainless Steel Wire in the world. At the same year, Stainless Steel Wire was the 571st most exported product in Italy. The main destination of Stainless Steel Wire exports from Italy are: Germany ($42.2M), France ($11.5M), Poland ($8.12M), United Kingdom ($6.28M), and South Africa ($3.72M).

The fastest growing export markets for Stainless Steel Wire of Italy between 2021 and 2022 were Germany ($4.7M), Poland ($2.91M), and Netherlands ($1.13M).

Imports In 2022, Italy imported $226M in Stainless Steel Wire, becoming the 3rd largest importer of Stainless Steel Wire in the world. At the same year, Stainless Steel Wire was the 412th most imported product in Italy. Italy imports Stainless Steel Wire primarily from: Netherlands ($34.9M), Switzerland ($32.3M), India ($31.6M), China ($23.8M), and Czechia ($19.5M).

The fastest growing import markets in Stainless Steel Wire for Italy between 2021 and 2022 were Netherlands ($27.9M), Switzerland ($11.5M), and Germany ($6.58M).

Latest Trends

March 2024

About

Overview In March 2024 Italy's Stainless Steel Wire exports accounted up to €4.46M and imports accounted up to €10.7M, resulting in a negative trade balance of €6.21M. Between March 2023 and March 2024 the exports of Italy's   Stainless Steel Wire have decreased by €-3.21M (-41.8%) from €7.66M to €4.46M, while imports decreased by €-5.91M (-35.7%) from €16.6M to €10.7M.

Destinations In March 2024, Stainless Steel Wire were exported mostly to Germany (€1.62M), France (€781k), United Kingdom (€296k), Romania (€280k), and Poland (€176k), and were imported mostly from Switzerland (€1.76M), Indonesia (€1.56M), China (€1.02M), France (€995k), and Germany (€869k).

Growth In March 2024, the decrease in Stainless Steel Wire's year-by-year exports was explained primarily by a decrease in exports to Germany (€-678k or -18.7%), Poland (€-341k or -63.4%), and France (€-267k or -22.1%). In March 2024, the decrease in Stainless Steel Wire's year-by-year imports was explained primarily by a decrease in imports from Indonesia (€-2.09M or -58.5%), South Korea (€-1.02M or -71.8%), and Spain (€-675k or -76.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2023 - March 2024)€-3.21M(-41.8%)
IMPORT GROWTH (March 2023 - March 2024)€-5.91M(-35.7%)
MAIN DESTINATION (March 2024)Germany€1.62M

This section shows Stainless Steel Wire'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 Stainless Steel Wire over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$103M
IMPORTS (2022)$226M
NET TRADE (2022)-$122M

In 2022, Italy exported $103M in Stainless Steel Wire. The main destinations of Italy exports on Stainless Steel Wire were Germany ($42.2M), France ($11.5M), Poland ($8.12M), United Kingdom ($6.28M), and South Africa ($3.72M).

In 2022, Italy imported $226M in Stainless Steel Wire, mainly from Netherlands ($34.9M), Switzerland ($32.3M), India ($31.6M), China ($23.8M), and Czechia ($19.5M).

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Export Destinations (NaN)

Import Origins (NaN)

Market Growth

Flow
THE FASTEST GROWING Stainless Steel Wire EXPORT MARKETS FOR Italy WERE (2021 - 2022):
Germany$4.7M (12.5%)
Poland$2.91M (55.9%)
Netherlands$1.13M (83.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Stainless Steel Wire BY Italy WERE (2021 - 2022):
United Kingdom-$1.44M (-18.6%)
Slovenia-$800k (-37.3%)
Singapore-$713k (-99.5%)
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Change in Exports by Market (undefined - undefined)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Stainless Steel Wire were:
India $526M
China $429M
South Korea $291M
In 2022, Italy's main importing competitors in Stainless Steel Wire were:
Germany $435M
United States $345M

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Trade Value of Stainless Steel Wire by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $3.38M
TOP IMPORT POTENTIALIndia+ $5.11M

Stainless Steel Wire’s highest export potential is France. With an export gap of $3.38M.   Stainless Steel Wire’s highest import potential is India with an import gap of $5.11M.

See methodology.

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