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2022
Exports $7.42MWorld Rnk 13 / 69
Flag Rnk 1001 / 1217
2022
Destination $1.29M Germany
2021 - 2022
FASTEST GROWING MARKET $1.29MGermany
2022
Imports $18.2MWorld Rnk 12 / 145
Flag Rnk 936 / 1215
2022
Origin $1.51M Turkey
2021 - 2022
FASTEST GROWING ORIGIN $1.51MTurkey
2022
ECONOMIC COMPLEXITY of Italy1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $7.42M in Chromium Oxides and Hydroxides, making it the 13th largest exporter of Chromium Oxides and Hydroxides in the world. At the same year, Chromium Oxides and Hydroxides was the 1001st most exported product in Italy. The main destination of Chromium Oxides and Hydroxides exports from Italy are: Germany ($1.86M), Romania ($1.75M), United States ($1.09M), Morocco ($604k), and Croatia ($472k).

The fastest growing export markets for Chromium Oxides and Hydroxides of Italy between 2021 and 2022 were Germany ($1.29M), Romania ($560k), and Morocco ($552k).

Imports In 2022, Italy imported $18.2M in Chromium Oxides and Hydroxides, becoming the 12th largest importer of Chromium Oxides and Hydroxides in the world. At the same year, Chromium Oxides and Hydroxides was the 936th most imported product in Italy. Italy imports Chromium Oxides and Hydroxides primarily from: Turkey ($4.8M), Spain ($3.52M), Germany ($3.45M), United States ($2.8M), and Russia ($1.41M).

The fastest growing import markets in Chromium Oxides and Hydroxides for Italy between 2021 and 2022 were Turkey ($1.51M), United States ($733k), and South Africa ($303k).

Latest Trends

July 2024

About

Overview In July 2024 Italy's Chromium Oxides and Hydroxides exports accounted up to €367k and imports accounted up to €806k, resulting in a negative trade balance of €438k. Between July 2023 and July 2024 the exports of Italy's   Chromium Oxides and Hydroxides have increased by €297k (420%) from €70.5k to €367k, while imports increased by €554k (220%) from €252k to €806k.

Destinations In July 2024, Chromium Oxides and Hydroxides were exported mostly to Romania (€176k), Germany (€124k), Morocco (€52.8k), Austria (€6.72k), and Slovenia (€5.82k), and were imported mostly from Spain (€260k), Germany (€186k), China (€170k), Indonesia (€72k), and United States (€59.4k).

Growth In July 2024, the increase in Chromium Oxides and Hydroxides's year-by-year exports was explained primarily by an increase in exports to France (€4.06k or 74%). In July 2024, the increase in Chromium Oxides and Hydroxides's year-by-year imports was explained primarily by an increase in imports from Belgium (€71.7k or 762%) and Germany (€7.88k or 7.68%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)€297k(420%)
IMPORT GROWTH (July 2023 - July 2024)€554k(220%)
MAIN DESTINATION (July 2024)Romania€176k

This section shows Chromium Oxides and Hydroxides'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 Chromium Oxides and Hydroxides over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$7.42M
IMPORTS (2022)$18.2M
NET TRADE (2022)-$10.7M

In 2022, Italy exported $7.42M in Chromium Oxides and Hydroxides. The main destinations of Italy exports on Chromium Oxides and Hydroxides were Germany ($1.86M), Romania ($1.75M), United States ($1.09M), Morocco ($604k), and Croatia ($472k).

In 2022, Italy imported $18.2M in Chromium Oxides and Hydroxides, mainly from Turkey ($4.8M), Spain ($3.52M), Germany ($3.45M), United States ($2.8M), and Russia ($1.41M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Chromium Oxides and Hydroxides EXPORT MARKETS FOR Italy WERE (2021 - 2022):
Germany$1.29M (227%)
Romania$560k (47.1%)
Morocco$552k (1.07k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Chromium Oxides and Hydroxides BY Italy WERE (2021 - 2022):
United States-$617k (-36.1%)
Czechia-$124k (-82%)
Tanzania-$118k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Chromium Oxides and Hydroxides were:
Kazakhstan $242M
China $71.5M
Germany $64M
In 2022, Italy's main importing competitors in Chromium Oxides and Hydroxides were:
Estonia $100M
Spain $46.6M
United States $42.9M

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Trade Value of Chromium Oxides and Hydroxides by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $211k
TOP IMPORT POTENTIALGermany+ $246k

Chromium Oxides and Hydroxides’s highest export potential is United States. With an export gap of $211k.   Chromium Oxides and Hydroxides’s highest import potential is Germany with an import gap of $246k.

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