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Pricing

2022
Exports $80MWorld Rnk 13 / 179
Flag Rnk 622 / 1217
2022
Destination $1.36M France
2021 - 2022
FASTEST GROWING MARKET $1.36MChina
2022
PRODUCT COMPLEXITY IN Candles0.33Rnk 433 / 1025
2022
Imports $122MWorld Rnk 8 / 219
Flag Rnk 548 / 1215
2022
Origin $20.9M China
2021 - 2022
FASTEST GROWING ORIGIN $20.9MChina
2022
ECONOMIC COMPLEXITY of Italy1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $80M in Candles, making it the 13th largest exporter of Candles in the world. At the same year, Candles was the 622nd most exported product in Italy. The main destination of Candles exports from Italy are: France ($19.6M), United Kingdom ($6.08M), Portugal ($5.56M), Romania ($5.06M), and Greece ($4.17M).

The fastest growing export markets for Candles of Italy between 2021 and 2022 were China ($1.36M), France ($1.09M), and Portugal ($948k).

Imports In 2022, Italy imported $122M in Candles, becoming the 8th largest importer of Candles in the world. At the same year, Candles was the 548th most imported product in Italy. Italy imports Candles primarily from: China ($38.5M), Poland ($18.4M), France ($13.3M), Czechia ($12.2M), and Germany ($11.7M).

The fastest growing import markets in Candles for Italy between 2021 and 2022 were China ($20.9M), France ($6.86M), and Poland ($4.53M).

COMPANIES In 2023, leading companies such as Guess Clothing (1) and Giorgio Armani (1) were at the forefront of shipping Candles from Italy to the United States.

Latest Trends

March 2024

About

Overview In March 2024 Italy's Candles exports accounted up to €6.08M and imports accounted up to €5.84M, resulting in a positive trade balance of €238k. Between March 2023 and March 2024 the exports of Italy's   Candles have decreased by €-639k (-9.5%) from €6.72M to €6.08M, while imports decreased by €-748k (-11.3%) from €6.59M to €5.84M.

Destinations In March 2024, Candles were exported mostly to France (€1.53M), Greece (€599k), United Kingdom (€553k), Romania (€545k), and Spain (€482k), and were imported mostly from Poland (€1.13M), China (€926k), France (€858k), Greece (€552k), and Austria (€275k).

Growth In March 2024, the decrease in Candles's year-by-year exports was explained primarily by a decrease in exports to Greece (€-128k or -28.4%), France (€-106k or -5.61%), and Portugal (€-71.8k or -21.4%). In March 2024, the decrease in Candles's year-by-year imports was explained primarily by a decrease in imports from China (€-816k or -53.7%), Czechia (€-656k or -42.4%), and Spain (€-108k or -36.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2023 - March 2024)€-639k(-9.5%)
IMPORT GROWTH (March 2023 - March 2024)€-748k(-11.3%)
MAIN DESTINATION (March 2024)France€1.53M

This section shows Candles'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 Candles over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$80M
IMPORTS (2022)$122M
NET TRADE (2022)-$41.6M

In 2022, Italy exported $80M in Candles. The main destinations of Italy exports on Candles were France ($19.6M), United Kingdom ($6.08M), Portugal ($5.56M), Romania ($5.06M), and Greece ($4.17M).

In 2022, Italy imported $122M in Candles, mainly from China ($38.5M), Poland ($18.4M), France ($13.3M), Czechia ($12.2M), and Germany ($11.7M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Candles EXPORT MARKETS FOR Italy WERE (2021 - 2022):
China$1.36M (110%)
France$1.09M (5.85%)
Portugal$948k (20.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Candles BY Italy WERE (2021 - 2022):
United Kingdom-$1.77M (-22.6%)
Denmark-$1.29M (-69.6%)
Greece-$951k (-18.6%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Candles were:
China $1.27B
Poland $987M
Vietnam $615M
In 2022, Italy's main importing competitors in Candles were:
United States $1.08B
Germany $681M
United Kingdom $373M

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Trade Value of Candles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $3.98M
TOP IMPORT POTENTIALChina+ $6.43M

Candles’s highest export potential is United States. With an export gap of $3.98M.   Candles’s highest import potential is China with an import gap of $6.43M.

See methodology.

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