2022
Exports
$2.67BWorld Rnk 21 / 221
Flag Rnk 40 / 96
2022
PRODUCT COMPLEXITY IN Wood, wood articles, & charcoal
0.3Rnk 451 / 1025
2022
Imports
$6.83BWorld Rnk 6 / 226
Flag Rnk 20 / 96
2022
ECONOMIC COMPLEXITY of Italy
1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $2.67B in Wood, wood articles, & charcoal, making it the 21st largest exporter of Wood, wood articles, & charcoal in the world. At the same year, Wood, wood articles, & charcoal was the 40th most exported product in Italy. The main destination of Wood, wood articles, & charcoal exports from Italy are: Germany ($396M), France ($375M), United States ($209M), Switzerland ($159M), and Austria ($158M).

The fastest growing export markets for Wood, wood articles, & charcoal of Italy between 2021 and 2022 were France ($61.2M), United States ($20.2M), and Germany ($14.1M).

Imports In 2022, Italy imported $6.83B in Wood, wood articles, & charcoal, becoming the 6th largest importer of Wood, wood articles, & charcoal in the world. At the same year, Wood, wood articles, & charcoal was the 20th most imported product in Italy. Italy imports Wood, wood articles, & charcoal primarily from: Austria ($1.73B), Germany ($568M), Poland ($445M), Croatia ($414M), and Slovenia ($372M).

The fastest growing import markets in Wood, wood articles, & charcoal for Italy between 2021 and 2022 were Croatia ($118M), Poland ($97.6M), and China ($96.1M).

COMPANIES In 2023, leading companies such as Banana Republic (15), ABB Motors and Mechanical (11), and IKEA Group (10) were at the forefront of shipping Wood, wood articles, & charcoal from Italy to the United States.

Latest Trends

March 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2023 - March 2024)€-24.2M(-14.1%)
IMPORT GROWTH (March 2023 - March 2024)€-101M(-18.6%)
MAIN DESTINATION (March 2024)France€34.3M

This section shows Wood, wood articles, & charcoal'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 Wood, wood articles, & charcoal over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.67B
IMPORTS (2022)$6.83B
NET TRADE (2022)-$4.16B

In 2022, Italy exported $2.67B in Wood, wood articles, & charcoal. The main destinations of Italy exports on Wood, wood articles, & charcoal were Germany ($396M), France ($375M), United States ($209M), Switzerland ($159M), and Austria ($158M).

In 2022, Italy imported $6.83B in Wood, wood articles, & charcoal, mainly from Austria ($1.73B), Germany ($568M), Poland ($445M), Croatia ($414M), and Slovenia ($372M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wood, wood articles, & charcoal EXPORT MARKETS FOR Italy WERE (2021 - 2022):
France$61.2M (19.5%)
United States$20.2M (10.7%)
Germany$14.1M (3.69%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wood, wood articles, & charcoal BY Italy WERE (2021 - 2022):
Egypt-$11.6M (-65.3%)
Netherlands-$10.5M (-13.3%)
Russia-$8.71M (-29.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Wood, wood articles, & charcoal were:
China $18.7B
Germany $12.9B
In 2022, Italy's main importing competitors in Wood, wood articles, & charcoal were:

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Trade Value of Wood, wood articles, & charcoal by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $116M
TOP IMPORT POTENTIALFrance+ $108M

Wood, wood articles, & charcoal’s highest export potential is United States. With an export gap of $116M.   Wood, wood articles, & charcoal’s highest import potential is France with an import gap of $108M.

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