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2022
Exports $609MWorld Rnk 3 / 129
Flag Rnk 215 / 1217
2022
Destination $17.8M Germany
2021 - 2022
FASTEST GROWING MARKET $17.8MSerbia
2022
PRODUCT COMPLEXITY IN Compounded Unvulcanised Rubber0.85Rnk 225 / 1025
2022
Imports $252MWorld Rnk 10 / 198
Flag Rnk 392 / 1215
2022
Origin $7.24M Germany
2021 - 2022
FASTEST GROWING ORIGIN $7.24MPoland
2022
ECONOMIC COMPLEXITY of Italy1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $609M in Compounded Unvulcanised Rubber, making it the 3rd largest exporter of Compounded Unvulcanised Rubber in the world. At the same year, Compounded Unvulcanised Rubber was the 215th most exported product in Italy. The main destination of Compounded Unvulcanised Rubber exports from Italy are: Germany ($97.6M), Poland ($94M), Spain ($61.3M), France ($47.1M), and Turkey ($33.1M).

The fastest growing export markets for Compounded Unvulcanised Rubber of Italy between 2021 and 2022 were Serbia ($17.8M), Spain ($13.4M), and Poland ($13.3M).

Imports In 2022, Italy imported $252M in Compounded Unvulcanised Rubber, becoming the 10th largest importer of Compounded Unvulcanised Rubber in the world. At the same year, Compounded Unvulcanised Rubber was the 392nd most imported product in Italy. Italy imports Compounded Unvulcanised Rubber primarily from: Germany ($90.9M), Romania ($39.5M), Spain ($36.2M), Poland ($20.2M), and France ($16.2M).

The fastest growing import markets in Compounded Unvulcanised Rubber for Italy between 2021 and 2022 were Poland ($7.24M), Spain ($7.22M), and Romania ($6.5M).

Latest Trends

March 2024

About

Overview In March 2024 Italy's Compounded Unvulcanised Rubber exports accounted up to €43.2M and imports accounted up to €19.7M, resulting in a positive trade balance of €23.5M. Between March 2023 and March 2024 the exports of Italy's   Compounded Unvulcanised Rubber have decreased by €-14.8M (-25.5%) from €58M to €43.2M, while imports decreased by €-7.24M (-26.9%) from €26.9M to €19.7M.

Destinations In March 2024, Compounded Unvulcanised Rubber were exported mostly to Germany (€6.55M), Poland (€5.91M), Spain (€4.61M), France (€3.73M), and Romania (€3.16M), and were imported mostly from Germany (€7.99M), Poland (€2.14M), Spain (€2.12M), United Kingdom (€1.34M), and Belgium (€1.29M).

Growth In March 2024, the decrease in Compounded Unvulcanised Rubber's year-by-year exports was explained primarily by a decrease in exports to Poland (€-1.98M or -23.9%), China (€-1.16M or -72.4%), and United States (€-868k or -87.6%). In March 2024, the decrease in Compounded Unvulcanised Rubber's year-by-year imports was explained primarily by a decrease in imports from Germany (€-1.25M or -18.2%), Poland (€-298k or -38.7%), and Romania (€-234k or -36.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2023 - March 2024)€-14.8M(-25.5%)
IMPORT GROWTH (March 2023 - March 2024)€-7.24M(-26.9%)
MAIN DESTINATION (March 2024)Germany€6.55M

This section shows Compounded Unvulcanised Rubber'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 Compounded Unvulcanised Rubber over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$609M
IMPORTS (2022)$252M
NET TRADE (2022)$357M

In 2022, Italy exported $609M in Compounded Unvulcanised Rubber. The main destinations of Italy exports on Compounded Unvulcanised Rubber were Germany ($97.6M), Poland ($94M), Spain ($61.3M), France ($47.1M), and Turkey ($33.1M).

In 2022, Italy imported $252M in Compounded Unvulcanised Rubber, mainly from Germany ($90.9M), Romania ($39.5M), Spain ($36.2M), Poland ($20.2M), and France ($16.2M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Compounded Unvulcanised Rubber EXPORT MARKETS FOR Italy WERE (2021 - 2022):
Serbia$17.8M (152%)
Spain$13.4M (28%)
Poland$13.3M (16.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Compounded Unvulcanised Rubber BY Italy WERE (2021 - 2022):
Russia-$7.55M (-77.2%)
Germany-$6.17M (-5.95%)
France-$4.45M (-8.63%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Compounded Unvulcanised Rubber were:
Germany $1.15B
United States $834M
In 2022, Italy's main importing competitors in Compounded Unvulcanised Rubber were:
United States $694M
Poland $544M
Germany $476M

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Trade Value of Compounded Unvulcanised Rubber by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $15.5M
TOP IMPORT POTENTIALFrance+ $9.49M

Compounded Unvulcanised Rubber’s highest export potential is France. With an export gap of $15.5M.   Compounded Unvulcanised Rubber’s highest import potential is France with an import gap of $9.49M.

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