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2022
Exports $68MWorld Rnk 36 / 166
Flag Rnk 647 / 1217
2022
Destination $4.26MN/A
2021 - 2022
FASTEST GROWING MARKET $4.26MFrance
2022
PRODUCT COMPLEXITY IN Concentrated Milk-0.77Rnk 774 / 1025
2022
Imports $528MWorld Rnk 15 / 224
Flag Rnk 228 / 1215
2022
Origin $50.2M Germany
2021 - 2022
FASTEST GROWING ORIGIN $50.2MGermany
2022
ECONOMIC COMPLEXITY of Italy1.29Rnk 17 / 133

About

The fastest growing export markets for Concentrated Milk of Italy between 2021 and 2022 were France ($4.26M), Netherlands ($3.01M), and Austria ($1.65M).

Imports In 2022, Italy imported $528M in Concentrated Milk, becoming the 15th largest importer of Concentrated Milk in the world. At the same year, Concentrated Milk was the 228th most imported product in Italy. Italy imports Concentrated Milk primarily from: Germany ($169M), France ($138M), Belgium ($59.2M), Netherlands ($58.6M), and Poland ($32.9M).

The fastest growing import markets in Concentrated Milk for Italy between 2021 and 2022 were Germany ($50.2M), France ($40.6M), and Belgium ($16.3M).

COMPANIES In 2023, leading companies such as IKEA Group (4) were at the forefront of shipping Concentrated Milk from Italy to the United States.

Latest Trends

March 2024

About

Overview In March 2024 Italy's Concentrated Milk exports accounted up to €2.95M and imports accounted up to €38.5M, resulting in a negative trade balance of €35.6M. Between March 2023 and March 2024 the exports of Italy's   Concentrated Milk have decreased by €-3.09M (-51.2%) from €6.05M to €2.95M, while imports decreased by €-15.8M (-29%) from €54.3M to €38.5M.

Destinations In March 2024, Concentrated Milk were exported mostly to France (€1.12M), China (€958k), Netherlands (€487k), Spain (€351k), and South Korea (€31.5k), and were imported mostly from Germany (€11.7M), France (€8.81M), Belgium (€5.87M), Netherlands (€4.3M), and Poland (€3.51M).

Growth In March 2024, the decrease in Concentrated Milk's year-by-year exports was explained primarily by a decrease in exports to Spain (€-218k or -33.3%). In March 2024, the decrease in Concentrated Milk's year-by-year imports was explained primarily by a decrease in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2023 - March 2024)€-3.09M(-51.2%)
IMPORT GROWTH (March 2023 - March 2024)€-15.8M(-29%)
MAIN DESTINATION (March 2024)France€1.12M

This section shows Concentrated Milk'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 Concentrated Milk over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$68M
IMPORTS (2022)$528M
NET TRADE (2022)-$460M

In 2022, Italy imported $528M in Concentrated Milk, mainly from Germany ($169M), France ($138M), Belgium ($59.2M), Netherlands ($58.6M), and Poland ($32.9M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Concentrated Milk EXPORT MARKETS FOR Italy WERE (2021 - 2022):
France$4.26M (51.2%)
Netherlands$3.01M (236%)
Austria$1.65M (60.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Concentrated Milk BY Italy WERE (2021 - 2022):
New Zealand-$12.4M (-81.3%)
China-$7.7M (-59.3%)
Palestine-$2.99M (-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 Concentrated Milk were:
New Zealand $6.99B
United States $3.25B
Netherlands $2.11B
In 2022, Italy's main importing competitors in Concentrated Milk were:
China $3.96B
Algeria $1.62B
Mexico $1.37B

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Trade Value of Concentrated Milk by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $6.49M
TOP IMPORT POTENTIALFrance+ $22.2M

Concentrated Milk’s highest export potential is China. With an export gap of $6.49M.   Concentrated Milk’s highest import potential is France with an import gap of $22.2M.

See methodology.

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