2022
Exports
$118MWorld Rnk 14 / 183
Flag Rnk 544 / 1217
2022
PRODUCT COMPLEXITY IN Vitamins
1.04Rnk 153 / 1025
2022
Imports
$181MWorld Rnk 17 / 212
Flag Rnk 456 / 1215
2022
ECONOMIC COMPLEXITY of Italy
1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $118M in Vitamins, making it the 14th largest exporter of Vitamins in the world. At the same year, Vitamins was the 544th most exported product in Italy. The main destination of Vitamins exports from Italy are: Netherlands ($38.6M), United States ($13.8M), Switzerland ($10.2M), Belgium ($6.93M), and Spain ($3.93M).

The fastest growing export markets for Vitamins of Italy between 2021 and 2022 were Netherlands ($10.9M), New Zealand ($2.29M), and Algeria ($1.07M).

Imports In 2022, Italy imported $181M in Vitamins, becoming the 17th largest importer of Vitamins in the world. At the same year, Vitamins was the 456th most imported product in Italy. Italy imports Vitamins primarily from: Netherlands ($46.9M), China ($39.5M), Germany ($31.3M), Spain ($12.4M), and Belgium ($10.4M).

The fastest growing import markets in Vitamins for Italy between 2021 and 2022 were China ($13.8M), United Arab Emirates ($1.38M), and Lithuania ($893k).

COMPANIES In 2023, leading companies such as Gallo Family Vineyards (169), IKEA Group (3), and TE Connectivity (1) were at the forefront of shipping Vitamins from Italy to the United States.

Latest Trends

August 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)€2.43M(44.4%)
IMPORT GROWTH (August 2023 - August 2024)€-2.19M(-17.8%)
MAIN DESTINATION (August 2024)Netherlands€3.33M

This section shows Vitamins'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 Vitamins over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$118M
IMPORTS (2022)$181M
NET TRADE (2022)-$62.8M

In 2022, Italy exported $118M in Vitamins. The main destinations of Italy exports on Vitamins were Netherlands ($38.6M), United States ($13.8M), Switzerland ($10.2M), Belgium ($6.93M), and Spain ($3.93M).

In 2022, Italy imported $181M in Vitamins, mainly from Netherlands ($46.9M), China ($39.5M), Germany ($31.3M), Spain ($12.4M), and Belgium ($10.4M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Vitamins EXPORT MARKETS FOR Italy WERE (2021 - 2022):
Netherlands$10.9M (39.1%)
New Zealand$2.29M (11.4k%)
Algeria$1.07M (133%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vitamins BY Italy WERE (2021 - 2022):
United States-$12.5M (-47.6%)
India-$5.32M (-75.2%)
Germany-$5.17M (-57.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Vitamins were:
In 2022, Italy's main importing competitors in Vitamins were:

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Trade Value of Vitamins by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $7.29M
TOP IMPORT POTENTIALChina+ $14.1M

Vitamins’s highest export potential is United States. With an export gap of $7.29M.   Vitamins’s highest import potential is China with an import gap of $14.1M.

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