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2022
Exports $859MWorld Rnk 8 / 158
Flag Rnk 160 / 1217
2022
Destination $5.64M Germany
2021 - 2022
FASTEST GROWING MARKET $5.64MAlgeria
2022
PRODUCT COMPLEXITY IN Amino-resins1.18Rnk 111 / 1025
2022
Imports $1.01BWorld Rnk 6 / 215
Flag Rnk 138 / 1215
2022
Origin $43.3M Germany
2021 - 2022
FASTEST GROWING ORIGIN $43.3MGermany
2022
ECONOMIC COMPLEXITY of Italy1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $859M in Amino-resins, making it the 8th largest exporter of Amino-resins in the world. At the same year, Amino-resins was the 160th most exported product in Italy. The main destination of Amino-resins exports from Italy are: Germany ($102M), Turkey ($67.1M), Spain ($44.5M), France ($42.9M), and China ($41.1M).

The fastest growing export markets for Amino-resins of Italy between 2021 and 2022 were Algeria ($5.64M), Poland ($4.28M), and Turkey ($4.07M).

Imports In 2022, Italy imported $1.01B in Amino-resins, becoming the 6th largest importer of Amino-resins in the world. At the same year, Amino-resins was the 138th most imported product in Italy. Italy imports Amino-resins primarily from: Germany ($436M), Netherlands ($133M), Belgium ($127M), Spain ($73.9M), and Slovenia ($30.9M).

The fastest growing import markets in Amino-resins for Italy between 2021 and 2022 were Germany ($43.3M), Belgium ($39.8M), and Turkey ($5.68M).

COMPANIES In 2023, leading companies such as Pirelli Tires (2) and Arhaus (1) were at the forefront of shipping Amino-resins from Italy to the United States.

Latest Trends

March 2024

About

Overview In March 2024 Italy's Amino-resins exports accounted up to €51.7M and imports accounted up to €71M, resulting in a negative trade balance of €19.3M. Between March 2023 and March 2024 the exports of Italy's   Amino-resins have decreased by €-7.14M (-12.1%) from €58.8M to €51.7M, while imports decreased by €-13.7M (-16.2%) from €84.7M to €71M.

Destinations In March 2024, Amino-resins were exported mostly to Germany (€8.38M), Turkey (€4.18M), Spain (€3.63M), France (€3.19M), and China (€2.82M), and were imported mostly from Germany (€35.2M), Netherlands (€9.38M), Belgium (€6.46M), Spain (€4.61M), and Hungary (€3.22M).

Growth In March 2024, the decrease in Amino-resins's year-by-year exports was explained primarily by a decrease in exports to Russia (€-3.12M or -98.5%), Germany (€-1.63M or -18.8%), and Slovenia (€-436k or -37.2%). In March 2024, the decrease in Amino-resins's year-by-year imports was explained primarily by a decrease in imports from Netherlands (€-2.29M or -22.7%), Spain (€-1.24M or -19.7%), and Chinese Taipei (€-434k or -98.9%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2023 - March 2024)€-7.14M(-12.1%)
IMPORT GROWTH (March 2023 - March 2024)€-13.7M(-16.2%)
MAIN DESTINATION (March 2024)Germany€8.38M

This section shows Amino-resins'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 Amino-resins over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$859M
IMPORTS (2022)$1.01B
NET TRADE (2022)-$151M

In 2022, Italy exported $859M in Amino-resins. The main destinations of Italy exports on Amino-resins were Germany ($102M), Turkey ($67.1M), Spain ($44.5M), France ($42.9M), and China ($41.1M).

In 2022, Italy imported $1.01B in Amino-resins, mainly from Germany ($436M), Netherlands ($133M), Belgium ($127M), Spain ($73.9M), and Slovenia ($30.9M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Amino-resins EXPORT MARKETS FOR Italy WERE (2021 - 2022):
Algeria$5.64M (87.7%)
Poland$4.28M (16%)
Turkey$4.07M (6.45%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Amino-resins BY Italy WERE (2021 - 2022):
Russia-$22.9M (-58.7%)
Sweden-$3.99M (-33.8%)
Brazil-$3.62M (-16%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Amino-resins were:
Germany $3.83B
China $3.81B
Belgium $2.23B
In 2022, Italy's main importing competitors in Amino-resins were:
China $1.8B
United States $1.72B
Germany $1.69B

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Trade Value of Amino-resins by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $28.9M
TOP IMPORT POTENTIALChina+ $22.3M

Amino-resins’s highest export potential is France. With an export gap of $28.9M.   Amino-resins’s highest import potential is China with an import gap of $22.3M.

See methodology.

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