2023
Exports
$8.49MWorld Rnk 28 / 99
Flag Rnk 982 / 1216
2023
PRODUCT COMPLEXITY IN Carbides
-0.0074Rnk 560 / 1025
2023
Imports
$62.4MWorld Rnk 9 / 179
Flag Rnk 692 / 1213
2023
ECONOMIC COMPLEXITY of Italy
1.29Rnk 18 / 132

About

Exports In 2023, Italy exported $8.49M in Carbides, making it the 28th largest exporter of Carbides in the world. At the same year, Carbides was the 982nd most exported product in Italy. The main destination of Carbides exports from Italy are: Singapore ($1.71M), Germany ($1.44M), Poland ($1.44M), China ($634k), and France ($556k).

The fastest growing export markets for Carbides of Italy between 2022 and 2023 were Germany ($744k), Poland ($560k), and China ($296k).

Imports In 2023, Italy imported $62.4M in Carbides, becoming the 9th largest importer of Carbides in the world. At the same year, Carbides was the 692nd most imported product in Italy. Italy imports Carbides primarily from: Austria ($13.1M), Germany ($12M), China ($10.1M), Romania ($3.37M), and Luxembourg ($2.41M).

The fastest growing import markets in Carbides for Italy between 2022 and 2023 were Luxembourg ($2.26M), Slovenia ($1.09M), and Norway ($807k).

Latest Trends

October 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)€137k(59.3%)
IMPORT GROWTH (October 2023 - October 2024)€2.47M(131%)
MAIN DESTINATION (October 2024)France€197k

This section shows Carbides'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 Carbides over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$8.49M
IMPORTS (2023)$62.4M
NET TRADE (2023)-$53.9M

In 2023, Italy exported $8.49M in Carbides. The main destinations of Italy exports on Carbides were Singapore ($1.71M), Germany ($1.44M), Poland ($1.44M), China ($634k), and France ($556k).

In 2023, Italy imported $62.4M in Carbides, mainly from Austria ($13.1M), Germany ($12M), China ($10.1M), Romania ($3.37M), and Luxembourg ($2.41M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Carbides EXPORT MARKETS FOR Italy WERE (2022 - 2023):
Germany$744k (107%)
Poland$560k (63.7%)
China$296k (87.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Carbides BY Italy WERE (2022 - 2023):
Singapore-$1.03M (-37.5%)
Czechia-$976k (-76.3%)
France-$854k (-60.6%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Italy's main exporting competitors in Carbides were:
In 2023, Italy's main importing competitors in Carbides were:

Explore Visualizations

Trade Value of Carbides by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $992k
TOP IMPORT POTENTIALChina+ $4.62M

Carbides’s highest export potential is Germany. With an export gap of $992k.   Carbides’s highest import potential is China with an import gap of $4.62M.

See methodology.

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