2023
Exports
$21.8MWorld Rnk 4 / 141
Flag Rnk 855 / 1216
2023
PRODUCT COMPLEXITY IN Cooking Hand Tools
0.89Rnk 210 / 1025
2023
Imports
$10.8MWorld Rnk 10 / 209
Flag Rnk 1006 / 1213
2023
ECONOMIC COMPLEXITY of Italy
1.29Rnk 18 / 132

About

Exports In 2023, Italy exported $21.8M in Cooking Hand Tools, making it the 4th largest exporter of Cooking Hand Tools in the world. At the same year, Cooking Hand Tools was the 855th most exported product in Italy. The main destination of Cooking Hand Tools exports from Italy are: United States ($3.65M), France ($2.62M), Germany ($1.5M), Greece ($1.14M), and Canada ($777k).

The fastest growing export markets for Cooking Hand Tools of Italy between 2022 and 2023 were United Arab Emirates ($425k), Poland ($392k), and France ($323k).

Imports In 2023, Italy imported $10.8M in Cooking Hand Tools, becoming the 10th largest importer of Cooking Hand Tools in the world. At the same year, Cooking Hand Tools was the 1006th most imported product in Italy. Italy imports Cooking Hand Tools primarily from: China ($5.39M), France ($1.77M), Germany ($1.18M), Belgium ($541k), and Spain ($523k).

The fastest growing import markets in Cooking Hand Tools for Italy between 2022 and 2023 were Greece ($118k), Germany ($89.7k), and United States ($45.1k).

Latest Trends

November 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)€128k(8.02%)
IMPORT GROWTH (November 2023 - November 2024)€-29.3k(-3.68%)
MAIN DESTINATION (November 2024)United States€634k

This section shows Cooking Hand Tools'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 Cooking Hand Tools over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$21.8M
IMPORTS (2023)$10.8M
NET TRADE (2023)$11M

In 2023, Italy exported $21.8M in Cooking Hand Tools. The main destinations of Italy exports on Cooking Hand Tools were United States ($3.65M), France ($2.62M), Germany ($1.5M), Greece ($1.14M), and Canada ($777k).

In 2023, Italy imported $10.8M in Cooking Hand Tools, mainly from China ($5.39M), France ($1.77M), Germany ($1.18M), Belgium ($541k), and Spain ($523k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Cooking Hand Tools EXPORT MARKETS FOR Italy WERE (2022 - 2023):
Poland$392k (399%)
France$323k (14%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cooking Hand Tools BY Italy WERE (2022 - 2023):
United States-$727k (-16.6%)
Spain-$652k (-52.1%)
Belgium-$410k (-64.1%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Italy's main exporting competitors in Cooking Hand Tools were:
China $359M
France $34.6M
Germany $33.9M
In 2023, Italy's main importing competitors in Cooking Hand Tools were:

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Trade Value of Cooking Hand Tools by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $518k
TOP IMPORT POTENTIALFrance+ $472k

Cooking Hand Tools’s highest export potential is France. With an export gap of $518k.   Cooking Hand Tools’s highest import potential is France with an import gap of $472k.

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