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2023
Exports $12.7MWorld Rnk 10 / 91
Flag Rnk 940 / 1216
2023
Destination $208k Austria
2022 - 2023
FASTEST GROWING MARKET $208kMexico
2023
PRODUCT COMPLEXITY IN Cermets1.83Rnk 12 / 1025
2023
Imports $60.4MWorld Rnk 4 / 134
Flag Rnk 701 / 1213
2023
Origin $12.2M Germany
2022 - 2023
FASTEST GROWING ORIGIN $12.2MAustria
2023
ECONOMIC COMPLEXITY of Italy1.29Rnk 18 / 132

About

Exports In 2023, Italy exported $12.7M in Cermets, making it the 10th largest exporter of Cermets in the world. At the same year, Cermets was the 940th most exported product in Italy. The main destination of Cermets exports from Italy are: Austria ($5.52M), Germany ($2.32M), Switzerland ($1.94M), China ($552k), and Slovenia ($402k).

The fastest growing export markets for Cermets of Italy between 2022 and 2023 were Mexico ($208k), Switzerland ($157k), and Hungary ($102k).

Imports In 2023, Italy imported $60.4M in Cermets, becoming the 4th largest importer of Cermets in the world. At the same year, Cermets was the 701st most imported product in Italy. Italy imports Cermets primarily from: Germany ($33M), Austria ($14.3M), Switzerland ($3.66M), Belgium ($3.02M), and China ($1.54M).

The fastest growing import markets in Cermets for Italy between 2022 and 2023 were Austria ($12.2M), Germany ($3.76M), and United States ($1.18M).

Latest Trends

October 2024

About

Overview In October 2024 Italy's Cermets exports accounted up to €856k and imports accounted up to €5.47M, resulting in a negative trade balance of €4.61M. Between October 2023 and October 2024 the exports of Italy's   Cermets have increased by €469k (121%) from €387k to €856k, while imports increased by €2.31M (73.3%) from €3.15M to €5.47M.

Destinations In October 2024, Cermets were exported mostly to Austria (€848k), United States (€4.04k), Germany (€2.61k), and Romania (€986), and were imported mostly from Germany (€3.37M), Austria (€1.55M), China (€250k), United States (€173k), and Belgium (€112k).

Growth In October 2024, the increase in Cermets's year-by-year exports was explained primarily by an increase in exports to . In October 2024, the increase in Cermets's year-by-year imports was explained primarily by an increase in imports from Austria (€1.56M or 6.14k%), Germany (€1.09M or 48.7%), and Belgium (€172k or 88.5%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)€469k(121%)
IMPORT GROWTH (October 2023 - October 2024)€2.31M(73.3%)
MAIN DESTINATION (October 2024)Austria€848k

This section shows Cermets'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 Cermets over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$12.7M
IMPORTS (2023)$60.4M
NET TRADE (2023)-$47.7M

In 2023, Italy exported $12.7M in Cermets. The main destinations of Italy exports on Cermets were Austria ($5.52M), Germany ($2.32M), Switzerland ($1.94M), China ($552k), and Slovenia ($402k).

In 2023, Italy imported $60.4M in Cermets, mainly from Germany ($33M), Austria ($14.3M), Switzerland ($3.66M), Belgium ($3.02M), and China ($1.54M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Cermets EXPORT MARKETS FOR Italy WERE (2022 - 2023):
Mexico$208k (1%)
Switzerland$157k (8.78%)
Hungary$102k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cermets BY Italy WERE (2022 - 2023):
Armenia-$929k (-100%)
Germany-$648k (-21.8%)
Ireland-$575k (-89.8%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Italy's main exporting competitors in Cermets were:
Germany $287M
Austria $226M
China $130M
In 2023, Italy's main importing competitors in Cermets were:
Germany $307M
United States $104M
China $71.1M

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Trade Value of Cermets by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $559k
TOP IMPORT POTENTIALAustria+ $1.93M

Cermets’s highest export potential is Germany. With an export gap of $559k.   Cermets’s highest import potential is Austria with an import gap of $1.93M.

See methodology.

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