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2022
Exports $35.4MWorld Rnk 7 / 154
Flag Rnk 762 / 1217
2022
Destination $4.01M Tunisia
2021 - 2022
FASTEST GROWING MARKET $4.01MTunisia
2022
PRODUCT COMPLEXITY IN Artificial Filament Sewing Thread-0.37Rnk 665 / 1025
2022
Imports $43.9MWorld Rnk 6 / 202
Flag Rnk 768 / 1215
2022
Origin $3.56M Germany
2021 - 2022
FASTEST GROWING ORIGIN $3.56MGermany
2022
ECONOMIC COMPLEXITY of Italy1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $35.4M in Artificial Filament Sewing Thread, making it the 7th largest exporter of Artificial Filament Sewing Thread in the world. At the same year, Artificial Filament Sewing Thread was the 762nd most exported product in Italy. The main destination of Artificial Filament Sewing Thread exports from Italy are: Tunisia ($9.08M), Romania ($6.95M), Albania ($2.48M), Serbia ($1.73M), and Germany ($1.56M).

The fastest growing export markets for Artificial Filament Sewing Thread of Italy between 2021 and 2022 were Tunisia ($4.01M), Germany ($314k), and Serbia ($301k).

Imports In 2022, Italy imported $43.9M in Artificial Filament Sewing Thread, becoming the 6th largest importer of Artificial Filament Sewing Thread in the world. At the same year, Artificial Filament Sewing Thread was the 768th most imported product in Italy. Italy imports Artificial Filament Sewing Thread primarily from: Germany ($25.9M), China ($5.82M), Hungary ($5.42M), Turkey ($1.54M), and Greece ($1M).

The fastest growing import markets in Artificial Filament Sewing Thread for Italy between 2021 and 2022 were Germany ($3.56M), China ($1.67M), and Greece ($939k).

Latest Trends

March 2024

About

Overview In March 2024 Italy's Artificial Filament Sewing Thread exports accounted up to €1.77M and imports accounted up to €4.41M, resulting in a negative trade balance of €2.64M. Between March 2023 and March 2024 the exports of Italy's   Artificial Filament Sewing Thread have decreased by €-1.01M (-36.4%) from €2.78M to €1.77M, while imports increased by €884k (25.1%) from €3.52M to €4.41M.

Destinations In March 2024, Artificial Filament Sewing Thread were exported mostly to Romania (€783k), Tunisia (€563k), Serbia (€125k), Germany (€121k), and France (€54k), and were imported mostly from Germany (€2.6M), Hungary (€1.01M), China (€321k), Romania (€221k), and Turkey (€105k).

Growth In March 2024, the decrease in Artificial Filament Sewing Thread's year-by-year exports was explained primarily by a decrease in exports to Belgium (€-68.3k or -99.9%), Romania (€-57k or -12.8%), and United Kingdom (€-50.4k or -57.7%). In March 2024, the increase in Artificial Filament Sewing Thread's year-by-year imports was explained primarily by an increase in imports from Germany (€1.23M or 54.5%), Turkey (€63.7k or 53.6%), and Slovenia (€35.6k or 3.3k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2023 - March 2024)€-1.01M(-36.4%)
IMPORT GROWTH (March 2023 - March 2024)€884k(25.1%)
MAIN DESTINATION (March 2024)Romania€783k

This section shows Artificial Filament Sewing Thread'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 Artificial Filament Sewing Thread over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$35.4M
IMPORTS (2022)$43.9M
NET TRADE (2022)-$8.51M

In 2022, Italy exported $35.4M in Artificial Filament Sewing Thread. The main destinations of Italy exports on Artificial Filament Sewing Thread were Tunisia ($9.08M), Romania ($6.95M), Albania ($2.48M), Serbia ($1.73M), and Germany ($1.56M).

In 2022, Italy imported $43.9M in Artificial Filament Sewing Thread, mainly from Germany ($25.9M), China ($5.82M), Hungary ($5.42M), Turkey ($1.54M), and Greece ($1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Artificial Filament Sewing Thread EXPORT MARKETS FOR Italy WERE (2021 - 2022):
Tunisia$4.01M (79.1%)
Germany$314k (25.1%)
Serbia$301k (21%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Artificial Filament Sewing Thread BY Italy WERE (2021 - 2022):
Lithuania-$298k (-35.3%)
United States-$288k (-38.6%)
Canada-$267k (-52.1%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Artificial Filament Sewing Thread were:
China $493M
Germany $170M
United States $109M
In 2022, Italy's main importing competitors in Artificial Filament Sewing Thread were:
Mexico $97.6M
Germany $82.7M
Vietnam $68.9M

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Trade Value of Artificial Filament Sewing Thread by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $981k
TOP IMPORT POTENTIALChina+ $2.55M

Artificial Filament Sewing Thread’s highest export potential is Germany. With an export gap of $981k.   Artificial Filament Sewing Thread’s highest import potential is China with an import gap of $2.55M.

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