2022
Exports
$796MWorld Rnk 7 / 179
Flag Rnk 172 / 1217
2022
PRODUCT COMPLEXITY IN Synthetic Filament Yarn Woven Fabric
-0.61Rnk 732 / 1025
2022
Imports
$721MWorld Rnk 9 / 218
Flag Rnk 182 / 1215
2022
ECONOMIC COMPLEXITY of Italy
1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $796M in Synthetic Filament Yarn Woven Fabric, making it the 7th largest exporter of Synthetic Filament Yarn Woven Fabric in the world. At the same year, Synthetic Filament Yarn Woven Fabric was the 172nd most exported product in Italy. The main destination of Synthetic Filament Yarn Woven Fabric exports from Italy are: Spain ($104M), Romania ($92.8M), France ($72.2M), Germany ($61.7M), and Tunisia ($37.2M).

The fastest growing export markets for Synthetic Filament Yarn Woven Fabric of Italy between 2021 and 2022 were Turkey ($8.44M), France ($6.34M), and Portugal ($6.05M).

Imports In 2022, Italy imported $721M in Synthetic Filament Yarn Woven Fabric, becoming the 9th largest importer of Synthetic Filament Yarn Woven Fabric in the world. At the same year, Synthetic Filament Yarn Woven Fabric was the 182nd most imported product in Italy. Italy imports Synthetic Filament Yarn Woven Fabric primarily from: China ($326M), Greece ($72.5M), Japan ($35.5M), Germany ($33.9M), and Turkey ($33.6M).

The fastest growing import markets in Synthetic Filament Yarn Woven Fabric for Italy between 2021 and 2022 were China ($112M), Greece ($58.6M), and South Korea ($8.35M).

COMPANIES In 2023, leading companies such as Pirelli Tires (11) were at the forefront of shipping Synthetic Filament Yarn Woven Fabric from Italy to the United States.

Latest Trends

March 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2023 - March 2024)€-22.7M(-54.8%)
IMPORT GROWTH (March 2023 - March 2024)€1.3M(3.7%)
MAIN DESTINATION (March 2024)Romania€6.57M

This section shows Synthetic Filament Yarn Woven Fabric'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 Synthetic Filament Yarn Woven Fabric over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$796M
IMPORTS (2022)$721M
NET TRADE (2022)$74.9M

In 2022, Italy exported $796M in Synthetic Filament Yarn Woven Fabric. The main destinations of Italy exports on Synthetic Filament Yarn Woven Fabric were Spain ($104M), Romania ($92.8M), France ($72.2M), Germany ($61.7M), and Tunisia ($37.2M).

In 2022, Italy imported $721M in Synthetic Filament Yarn Woven Fabric, mainly from China ($326M), Greece ($72.5M), Japan ($35.5M), Germany ($33.9M), and Turkey ($33.6M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Synthetic Filament Yarn Woven Fabric EXPORT MARKETS FOR Italy WERE (2021 - 2022):
Turkey$8.44M (53.8%)
France$6.34M (9.64%)
Portugal$6.05M (50.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Synthetic Filament Yarn Woven Fabric BY Italy WERE (2021 - 2022):
Armenia-$7.99M (-45%)
Thailand-$4.17M (-42.5%)
Netherlands-$3.03M (-12.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Synthetic Filament Yarn Woven Fabric were:
In 2022, Italy's main importing competitors in Synthetic Filament Yarn Woven Fabric were:

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Trade Value of Synthetic Filament Yarn Woven Fabric by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $15.1M
TOP IMPORT POTENTIALChina+ $36.8M

Synthetic Filament Yarn Woven Fabric’s highest export potential is United States. With an export gap of $15.1M.   Synthetic Filament Yarn Woven Fabric’s highest import potential is China with an import gap of $36.8M.

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