Butter in Italy | The Observatory of Economic Complexity

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Exports In 2022, Italy exported $97M in Butter, making it the 15th largest exporter of Butter in the world. At the same year, Butter was the 579th most exported product in Italy. The main destination of Butter exports from Italy are: Belgium ($12.8M), Germany ($11.6M), Spain ($10.7M), Greece ($8.68M), and Austria ($8.61M).

The fastest growing export markets for Butter of Italy between 2021 and 2022 were France ($3.2M), Austria ($3.1M), and Greece ($2.88M).

Imports In 2022, Italy imported $497M in Butter, becoming the 7th largest importer of Butter in the world. At the same year, Butter was the 239th most imported product in Italy. Italy imports Butter primarily from: Netherlands ($121M), Belgium ($95.2M), Spain ($69.6M), Germany ($65.2M), and United Kingdom ($47.4M).

The fastest growing import markets in Butter for Italy between 2021 and 2022 were Netherlands ($40.1M), Belgium ($24.6M), and Spain ($22.8M).

Latest Trends

September 2024

About

Overview In September 2024 Italy's Butter exports accounted up to €5.41M and imports accounted up to €48.7M, resulting in a negative trade balance of €43.3M. Between September 2023 and September 2024 the exports of Italy's Butter have increased by €879k (19.4%) from €4.53M to €5.41M, while imports increased by €15.2M (45.2%) from €33.5M to €48.7M.

Destinations In September 2024, Butter were exported mostly to France (€1.43M), Netherlands (€1.39M), Greece (€1.33M), Spain (€661k), and Germany (€366k), and were imported mostly from Netherlands (€13.1M), Belgium (€12.6M), United Kingdom (€5.44M), Spain (€5.05M), and France (€4.25M).

Growth In September 2024, the increase in Butter's year-by-year exports was explained primarily by an increase in exports to Germany (€998k or 123%), France (€181k or 197%), and Spain (€170k or 31.4%). In September 2024, the increase in Butter's year-by-year imports was explained primarily by an increase in imports from Belgium (€5.68M or 131%), Germany (€4.28M or 123%), and Netherlands (€3.8M or 65.4%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (September 2023 - September 2024)€879k(19.4%)

IMPORT GROWTH (September 2023 - September 2024)€15.2M(45.2%)

MAIN DESTINATION (September 2024)France€1.43M

This section shows Butter'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 Butter over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$97M

IMPORTS (2022)$497M

NET TRADE (2022)-$400M

In 2022, Italy exported $97M in Butter. The main destinations of Italy exports on Butter were Belgium ($12.8M), Germany ($11.6M), Spain ($10.7M), Greece ($8.68M), and Austria ($8.61M).

In 2022, Italy imported $497M in Butter, mainly from Netherlands ($121M), Belgium ($95.2M), Spain ($69.6M), Germany ($65.2M), and United Kingdom ($47.4M).

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