Tea and mate extracts, essences and concentrates in Italy | The Observatory of Economic Complexity

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Exports In 2022, Italy exported $11.8M in Tea and mate extracts, essences and concentrates, making it the 21st largest exporter of Tea and mate extracts, essences and concentrates in the world. At the same year, Tea and mate extracts, essences and concentrates was the 2649th most exported product in Italy. The main destination of Tea and mate extracts, essences and concentrates exports from Italy are: Spain ($3.81M), France ($962k), United States ($846k), Chile ($574k), and Croatia ($509k).

Imports In 2022, Italy imported $25.7M in Tea and mate extracts, essences and concentrates, becoming the 17th largest importer of Tea and mate extracts, essences and concentrates in the world. At the same year, Tea and mate extracts, essences and concentrates was the 2091st most imported product in Italy. Italy imports Tea and mate extracts, essences and concentrates primarily from: Netherlands ($10.6M), Ireland ($4.46M), Germany ($2.34M), Spain ($1.85M), and Croatia ($1.54M).

The fastest growing import markets in Tea and mate extracts, essences and concentrates for Italy between 2021 and 2022 were Netherlands ($2.75M), Croatia ($1.19M), and Spain ($485k).

COMPANIES In 2023, leading companies such as CNH Industrial (4.79k), IKEA Group (2.86k), and Valbruna Stainless (2.05k) were at the forefront of shipping Tea and mate extracts, essences and concentrates from Italy to the United States.

Latest Trends

March 2024

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Overview In March 2024 Italy's Tea and mate extracts, essences and concentrates exports accounted up to €1.03M and imports accounted up to €2.23M, resulting in a negative trade balance of €1.2M. Between March 2023 and March 2024 the exports of Italy's Tea and mate extracts, essences and concentrates have increased by €12.9k (1.27%) from €1.01M to €1.03M, while imports decreased by €-800k (-26.4%) from €3.03M to €2.23M.

Destinations In March 2024, Tea and mate extracts, essences and concentrates were exported mostly to Spain (€378k), France (€137k), Germany (€129k), Bulgaria (€40.8k), and Austria (€32.4k), and were imported mostly from Bulgaria (€487k), Netherlands (€435k), Ireland (€403k), Indonesia (€370k), and Germany (€181k).

Growth In March 2024, the increase in Tea and mate extracts, essences and concentrates's year-by-year exports was explained primarily by an increase in exports to Germany (€312k or 764%), Portugal (€41.4k or 92.4%), and Saudi Arabia (€34.4k or 132%). In March 2024, the decrease in Tea and mate extracts, essences and concentrates's year-by-year imports was explained primarily by a decrease in imports from Netherlands (€-124k or -24.8%), China (€-84.3k or -47.9%), and Spain (€-14.2k or -25%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (March 2023 - March 2024)€12.9k(1.27%)

IMPORT GROWTH (March 2023 - March 2024)€-800k(-26.4%)

MAIN DESTINATION (March 2024)Spain€378k

This section shows Tea and mate extracts, essences and concentrates'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 Tea and mate extracts, essences and concentrates over time.

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