2022
Exports
$359MWorld Rnk 6 / 164
Flag Rnk 80 / 96
2022
PRODUCT COMPLEXITY IN Vegetable textile fibers, paper yarn & fabrics
0.57Rnk 334 / 1025
2022
Imports
$287MWorld Rnk 6 / 208
Flag Rnk 83 / 96
2022
ECONOMIC COMPLEXITY of Italy
1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $359M in Vegetable textile fibers, paper yarn & fabrics, making it the 6th largest exporter of Vegetable textile fibers, paper yarn & fabrics in the world. At the same year, Vegetable textile fibers, paper yarn & fabrics was the 80th most exported product in Italy. The main destination of Vegetable textile fibers, paper yarn & fabrics exports from Italy are: United Kingdom ($34M), United States ($25.5M), France ($22M), Portugal ($21.9M), and Spain ($21.7M).

The fastest growing export markets for Vegetable textile fibers, paper yarn & fabrics of Italy between 2021 and 2022 were Turkey ($4.66M), Morocco ($4.34M), and United Kingdom ($3.69M).

Imports In 2022, Italy imported $287M in Vegetable textile fibers, paper yarn & fabrics, becoming the 6th largest importer of Vegetable textile fibers, paper yarn & fabrics in the world. At the same year, Vegetable textile fibers, paper yarn & fabrics was the 83rd most imported product in Italy. Italy imports Vegetable textile fibers, paper yarn & fabrics primarily from: China ($110M), Tunisia ($34.5M), Lithuania ($29.4M), India ($16.8M), and Netherlands ($12.6M).

The fastest growing import markets in Vegetable textile fibers, paper yarn & fabrics for Italy between 2021 and 2022 were China ($38.2M), Tunisia ($6.82M), and Lithuania ($4.6M).

COMPANIES In 2023, leading companies such as At Home Procurement (1) were at the forefront of shipping Vegetable textile fibers, paper yarn & fabrics from Italy to the United States.

Latest Trends

March 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2023 - March 2024)€-6.86M(-27.5%)
IMPORT GROWTH (March 2023 - March 2024)€-115k(-0.65%)
MAIN DESTINATION (March 2024)Spain€6.18M

This section shows Vegetable textile fibers, paper yarn & fabrics'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 Vegetable textile fibers, paper yarn & fabrics over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$359M
IMPORTS (2022)$287M
NET TRADE (2022)$72.3M

In 2022, Italy exported $359M in Vegetable textile fibers, paper yarn & fabrics. The main destinations of Italy exports on Vegetable textile fibers, paper yarn & fabrics were United Kingdom ($34M), United States ($25.5M), France ($22M), Portugal ($21.9M), and Spain ($21.7M).

In 2022, Italy imported $287M in Vegetable textile fibers, paper yarn & fabrics, mainly from China ($110M), Tunisia ($34.5M), Lithuania ($29.4M), India ($16.8M), and Netherlands ($12.6M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Vegetable textile fibers, paper yarn & fabrics EXPORT MARKETS FOR Italy WERE (2021 - 2022):
Turkey$4.66M (38.5%)
Morocco$4.34M (132%)
United Kingdom$3.69M (12.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vegetable textile fibers, paper yarn & fabrics BY Italy WERE (2021 - 2022):
Tunisia-$1.65M (-18.8%)
Hong Kong-$1.46M (-15.1%)
Estonia-$1.02M (-81.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Vegetable textile fibers, paper yarn & fabrics were:
In 2022, Italy's main importing competitors in Vegetable textile fibers, paper yarn & fabrics were:

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Trade Value of Vegetable textile fibers, paper yarn & fabrics by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $3.58M
TOP IMPORT POTENTIALFrance+ $5.02M

Vegetable textile fibers, paper yarn & fabrics’s highest export potential is China. With an export gap of $3.58M.   Vegetable textile fibers, paper yarn & fabrics’s highest import potential is France with an import gap of $5.02M.

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