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Pricing

2022
Exports $7.4MWorld Rnk 11 / 74
Flag Rnk 1002 / 1217
2022
Destination $1.61M Germany
2021 - 2022
FASTEST GROWING MARKET $1.61MUnited States
2022
Imports $6.15MWorld Rnk 12 / 156
Flag Rnk 1084 / 1215
2022
Origin $904k Belgium
2021 - 2022
FASTEST GROWING ORIGIN $904kUnited Kingdom
2022
ECONOMIC COMPLEXITY of Italy1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $7.4M in Wool Grease, making it the 11th largest exporter of Wool Grease in the world. At the same year, Wool Grease was the 1002nd most exported product in Italy. The main destination of Wool Grease exports from Italy are: Germany ($2M), United States ($1.94M), United Kingdom ($1.82M), Serbia ($644k), and Belgium ($476k).

The fastest growing export markets for Wool Grease of Italy between 2021 and 2022 were United States ($1.61M), Germany ($1.39M), and Belgium ($212k).

Imports In 2022, Italy imported $6.15M in Wool Grease, becoming the 12th largest importer of Wool Grease in the world. At the same year, Wool Grease was the 1084th most imported product in Italy. Italy imports Wool Grease primarily from: Belgium ($2.35M), United Kingdom ($1.98M), Germany ($998k), Netherlands ($682k), and Denmark ($36.6k).

The fastest growing import markets in Wool Grease for Italy between 2021 and 2022 were United Kingdom ($904k), Netherlands ($123k), and Germany ($64.1k).

Latest Trends

March 2024

About

Overview In March 2024 Italy's Wool Grease exports accounted up to €262k and imports accounted up to €70.3k, resulting in a positive trade balance of €192k. Between March 2023 and March 2024 the exports of Italy's   Wool Grease have decreased by €-155k (-37.2%) from €417k to €262k, while imports decreased by €-133k (-65.5%) from €204k to €70.3k.

Destinations In March 2024, Wool Grease were exported mostly to Belgium (€124k), Germany (€111k), Romania (€26.3k), and France (€496), and were imported mostly from Germany (€67.7k) and Netherlands (€2.56k).

Growth In March 2024, the decrease in Wool Grease's year-by-year exports was explained primarily by a decrease in exports to Poland (€-348 or -14.1%). In March 2024, the decrease in Wool Grease's year-by-year imports was explained primarily by a decrease in imports from Germany (€-23.8k or -61.1%) and Netherlands (€-14.8k or -45.5%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2023 - March 2024)€-155k(-37.2%)
IMPORT GROWTH (February 2023 - March 2024)€-133k(-65.5%)
MAIN DESTINATION (March 2024)Belgium€124k

This section shows Wool Grease'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 Wool Grease over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$7.4M
IMPORTS (2022)$6.15M
NET TRADE (2022)$1.25M

In 2022, Italy exported $7.4M in Wool Grease. The main destinations of Italy exports on Wool Grease were Germany ($2M), United States ($1.94M), United Kingdom ($1.82M), Serbia ($644k), and Belgium ($476k).

In 2022, Italy imported $6.15M in Wool Grease, mainly from Belgium ($2.35M), United Kingdom ($1.98M), Germany ($998k), Netherlands ($682k), and Denmark ($36.6k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wool Grease EXPORT MARKETS FOR Italy WERE (2021 - 2022):
United States$1.61M (492%)
Germany$1.39M (226%)
Belgium$212k (80.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wool Grease BY Italy WERE (2021 - 2022):
Egypt-$36.8k (-100%)
Poland-$26.9k (-64.3%)
Romania-$25.5k (-45%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Wool Grease were:
China $76M
United Kingdom $50.3M
Japan $25.8M
In 2022, Italy's main importing competitors in Wool Grease were:
Germany $47.9M
United States $35.1M
United Kingdom $29.8M

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Trade Value of Wool Grease by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALJapan+ $113k
TOP IMPORT POTENTIALChina+ $83.5k

Wool Grease’s highest export potential is Japan. With an export gap of $113k.   Wool Grease’s highest import potential is China with an import gap of $83.5k.

See methodology.

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