2023
Exports
$15.6MWorld Rnk 20 / 93
Flag Rnk 910 / 1216
2023
PRODUCT COMPLEXITY IN Bovine, Sheep, and Goat Fat
-0.68Rnk 756 / 1025
2023
Imports
$13.9MWorld Rnk 18 / 155
Flag Rnk 969 / 1213
2023
ECONOMIC COMPLEXITY of Italy
1.29Rnk 18 / 132

About

Exports In 2023, Italy exported $15.6M in Bovine, Sheep, and Goat Fat, making it the 20th largest exporter of Bovine, Sheep, and Goat Fat in the world. At the same year, Bovine, Sheep, and Goat Fat was the 910th most exported product in Italy. The main destination of Bovine, Sheep, and Goat Fat exports from Italy are: Netherlands ($4.71M), Belgium ($2.17M), Spain ($2.09M), Germany ($1.51M), and Bosnia and Herzegovina ($863k).

The fastest growing export markets for Bovine, Sheep, and Goat Fat of Italy between 2022 and 2023 were Germany ($809k), Belgium ($749k), and France ($267k).

Imports In 2023, Italy imported $13.9M in Bovine, Sheep, and Goat Fat, becoming the 18th largest importer of Bovine, Sheep, and Goat Fat in the world. At the same year, Bovine, Sheep, and Goat Fat was the 969th most imported product in Italy. Italy imports Bovine, Sheep, and Goat Fat primarily from: France ($3.38M), Germany ($2.66M), Spain ($1.96M), Netherlands ($1.29M), and Austria ($1.25M).

The fastest growing import markets in Bovine, Sheep, and Goat Fat for Italy between 2022 and 2023 were Spain ($1.34M), Croatia ($278k), and Ireland ($155k).

Latest Trends

October 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)€-697k(-31.8%)
IMPORT GROWTH (October 2023 - October 2024)€554k(88.5%)
MAIN DESTINATION (October 2024)Spain€732k

This section shows Bovine, Sheep, and Goat Fat'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 Bovine, Sheep, and Goat Fat over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$15.6M
IMPORTS (2023)$13.9M
NET TRADE (2023)$1.75M

In 2023, Italy exported $15.6M in Bovine, Sheep, and Goat Fat. The main destinations of Italy exports on Bovine, Sheep, and Goat Fat were Netherlands ($4.71M), Belgium ($2.17M), Spain ($2.09M), Germany ($1.51M), and Bosnia and Herzegovina ($863k).

In 2023, Italy imported $13.9M in Bovine, Sheep, and Goat Fat, mainly from France ($3.38M), Germany ($2.66M), Spain ($1.96M), Netherlands ($1.29M), and Austria ($1.25M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Bovine, Sheep, and Goat Fat EXPORT MARKETS FOR Italy WERE (2022 - 2023):
Germany$809k (116%)
Belgium$749k (52.8%)
France$267k (131%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bovine, Sheep, and Goat Fat BY Italy WERE (2022 - 2023):
Netherlands-$1.96M (-29.4%)
Spain-$1.79M (-46%)
Austria-$836k (-61.8%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Italy's main exporting competitors in Bovine, Sheep, and Goat Fat were:
In 2023, Italy's main importing competitors in Bovine, Sheep, and Goat Fat were:

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Trade Value of Bovine, Sheep, and Goat Fat by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Kingdom+ $387k
TOP IMPORT POTENTIALFrance+ $1.84M

Bovine, Sheep, and Goat Fat’s highest export potential is United Kingdom. With an export gap of $387k.   Bovine, Sheep, and Goat Fat’s highest import potential is France with an import gap of $1.84M.

See methodology.

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