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2022
Exports $786MWorld Rnk 1 / 121
Flag Rnk 174 / 1217
2022
Destination $35.6M China
2021 - 2022
FASTEST GROWING MARKET $35.6MTurkey
2022
PRODUCT COMPLEXITY IN Combed Wool or Animal Hair Fabric0.42Rnk 397 / 1025
2022
Imports $114MWorld Rnk 3 / 169
Flag Rnk 560 / 1215
2022
Origin $22.1M Czechia
2021 - 2022
FASTEST GROWING ORIGIN $22.1MCzechia
2022
ECONOMIC COMPLEXITY of Italy1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $786M in Combed Wool or Animal Hair Fabric, making it the 1st largest exporter of Combed Wool or Animal Hair Fabric in the world. At the same year, Combed Wool or Animal Hair Fabric was the 174th most exported product in Italy. The main destination of Combed Wool or Animal Hair Fabric exports from Italy are: China ($132M), Turkey ($67.4M), Germany ($57.9M), Japan ($51.1M), and Romania ($42.4M).

The fastest growing export markets for Combed Wool or Animal Hair Fabric of Italy between 2021 and 2022 were Turkey ($35.6M), Germany ($25.8M), and Japan ($18.4M).

Imports In 2022, Italy imported $114M in Combed Wool or Animal Hair Fabric, becoming the 3rd largest importer of Combed Wool or Animal Hair Fabric in the world. At the same year, Combed Wool or Animal Hair Fabric was the 560th most imported product in Italy. Italy imports Combed Wool or Animal Hair Fabric primarily from: Czechia ($66.3M), United Kingdom ($9.93M), Romania ($6.43M), Belgium ($4.72M), and China ($4.35M).

The fastest growing import markets in Combed Wool or Animal Hair Fabric for Italy between 2021 and 2022 were Czechia ($22.1M), China ($1.84M), and Belgium ($1.71M).

Latest Trends

August 2024

About

Overview In August 2024 Italy's Combed Wool or Animal Hair Fabric exports accounted up to €13.8M and imports accounted up to €37.3k, resulting in a positive trade balance of €13.8M. Between August 2023 and August 2024 the exports of Italy's   Combed Wool or Animal Hair Fabric have decreased by €-15.7M (-53.2%) from €29.5M to €13.8M, while imports decreased by €-1.15M (-96.9%) from €1.19M to €37.3k.

Destinations In August 2024, Combed Wool or Animal Hair Fabric were exported mostly to China (€7.15M), Japan (€3M), Spain (€1.78M), Romania (€908k), and South Korea (€657k), and were imported mostly from Turkey (€28.3k) and Indonesia (€9.05k).

Growth In August 2024, the decrease in Combed Wool or Animal Hair Fabric's year-by-year exports was explained primarily by a decrease in exports to . In August 2024, the decrease in Combed Wool or Animal Hair Fabric's year-by-year imports was explained primarily by a decrease in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)€-15.7M(-53.2%)
IMPORT GROWTH (August 2023 - August 2024)€-1.15M(-96.9%)
MAIN DESTINATION (August 2024)China€7.15M

This section shows Combed Wool or Animal Hair Fabric'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 Combed Wool or Animal Hair Fabric over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$786M
IMPORTS (2022)$114M
NET TRADE (2022)$672M

In 2022, Italy exported $786M in Combed Wool or Animal Hair Fabric. The main destinations of Italy exports on Combed Wool or Animal Hair Fabric were China ($132M), Turkey ($67.4M), Germany ($57.9M), Japan ($51.1M), and Romania ($42.4M).

In 2022, Italy imported $114M in Combed Wool or Animal Hair Fabric, mainly from Czechia ($66.3M), United Kingdom ($9.93M), Romania ($6.43M), Belgium ($4.72M), and China ($4.35M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Combed Wool or Animal Hair Fabric EXPORT MARKETS FOR Italy WERE (2021 - 2022):
Turkey$35.6M (112%)
Germany$25.8M (80.1%)
Japan$18.4M (56.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Combed Wool or Animal Hair Fabric BY Italy WERE (2021 - 2022):
Russia-$2.58M (-67%)
Hungary-$1.02M (-31.5%)
Iran-$1.02M (-68.6%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Combed Wool or Animal Hair Fabric were:
China $262M
United Kingdom $117M
In 2022, Italy's main importing competitors in Combed Wool or Animal Hair Fabric were:
China $207M
Turkey $114M

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Trade Value of Combed Wool or Animal Hair Fabric by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $3.83M
TOP IMPORT POTENTIALChina+ $2.43M

Combed Wool or Animal Hair Fabric’s highest export potential is France. With an export gap of $3.83M.   Combed Wool or Animal Hair Fabric’s highest import potential is China with an import gap of $2.43M.

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