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2022
Exports $134MWorld Rnk 22 / 126
Flag Rnk 517 / 1217
2022
Destination $5.64M Vietnam
2021 - 2022
FASTEST GROWING MARKET $5.64MIndonesia
2022
PRODUCT COMPLEXITY IN Animal Meal and Pellets-1.49Rnk 946 / 1025
2022
Imports $199MWorld Rnk 13 / 173
Flag Rnk 439 / 1215
2022
Origin $8.46M Spain
2021 - 2022
FASTEST GROWING ORIGIN $8.46MSpain
2022
ECONOMIC COMPLEXITY of Italy1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $134M in Animal Meal and Pellets, making it the 22nd largest exporter of Animal Meal and Pellets in the world. At the same year, Animal Meal and Pellets was the 517th most exported product in Italy. The main destination of Animal Meal and Pellets exports from Italy are: Vietnam ($19.1M), Thailand ($17.8M), France ($14.5M), Germany ($10.8M), and Netherlands ($10.8M).

The fastest growing export markets for Animal Meal and Pellets of Italy between 2021 and 2022 were Indonesia ($5.64M), Colombia ($2.57M), and Burma ($2.42M).

Imports In 2022, Italy imported $199M in Animal Meal and Pellets, becoming the 13th largest importer of Animal Meal and Pellets in the world. At the same year, Animal Meal and Pellets was the 439th most imported product in Italy. Italy imports Animal Meal and Pellets primarily from: Spain ($54.3M), Denmark ($19.1M), Germany ($18.8M), France ($17M), and Netherlands ($15.7M).

The fastest growing import markets in Animal Meal and Pellets for Italy between 2021 and 2022 were Spain ($8.46M), Morocco ($3.83M), and Netherlands ($3.8M).

Latest Trends

August 2024

About

Overview In August 2024 Italy's Animal Meal and Pellets exports accounted up to €8.81M and imports accounted up to €11.4M, resulting in a negative trade balance of €2.62M. Between August 2023 and August 2024 the exports of Italy's   Animal Meal and Pellets have decreased by €-1.2M (-12%) from €10M to €8.81M, while imports decreased by €-4.41M (-27.9%) from €15.8M to €11.4M.

Destinations In August 2024, Animal Meal and Pellets were exported mostly to Philippines (€4.04M), France (€968k), Indonesia (€707k), Serbia (€567k), and Germany (€558k), and were imported mostly from Spain (€3.16M), France (€2.32M), Germany (€1.44M), Netherlands (€1.06M), and Denmark (€885k).

Growth In August 2024, the decrease in Animal Meal and Pellets's year-by-year exports was explained primarily by a decrease in exports to Netherlands (€-542k or -44.7%), Belgium (€-98.8k or -58.6%), and Spain (€-24.7k or -5.96%). In August 2024, the decrease in Animal Meal and Pellets's year-by-year imports was explained primarily by a decrease in imports from Denmark (€-571k or -28.9%), Spain (€-509k or -12.6%), and Germany (€-474k or -27%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)€-1.2M(-12%)
IMPORT GROWTH (August 2023 - August 2024)€-4.41M(-27.9%)
MAIN DESTINATION (August 2024)Philippines€4.04M

This section shows Animal Meal and Pellets'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 Animal Meal and Pellets over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$134M
IMPORTS (2022)$199M
NET TRADE (2022)-$64.8M

In 2022, Italy exported $134M in Animal Meal and Pellets. The main destinations of Italy exports on Animal Meal and Pellets were Vietnam ($19.1M), Thailand ($17.8M), France ($14.5M), Germany ($10.8M), and Netherlands ($10.8M).

In 2022, Italy imported $199M in Animal Meal and Pellets, mainly from Spain ($54.3M), Denmark ($19.1M), Germany ($18.8M), France ($17M), and Netherlands ($15.7M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Animal Meal and Pellets EXPORT MARKETS FOR Italy WERE (2021 - 2022):
Indonesia$5.64M (433%)
Colombia$2.57M (330%)
Burma$2.42M (56.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Animal Meal and Pellets BY Italy WERE (2021 - 2022):
Ecuador-$2.41M (-100%)
Philippines-$2.26M (-30.4%)
Poland-$2.08M (-65.6%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Animal Meal and Pellets were:
Peru $1.88B
United States $911M
Chile $423M
In 2022, Italy's main importing competitors in Animal Meal and Pellets were:
China $2.9B
Vietnam $626M
Norway $481M

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Trade Value of Animal Meal and Pellets by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $5.03M
TOP IMPORT POTENTIALFrance+ $6.13M

Animal Meal and Pellets’s highest export potential is France. With an export gap of $5.03M.   Animal Meal and Pellets’s highest import potential is France with an import gap of $6.13M.

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