2022
Exports
$179MWorld Rnk 11 / 196
Flag Rnk 450 / 1217
2022
PRODUCT COMPLEXITY IN Essential Oils
-1.09Rnk 855 / 1025
2022
Imports
$119MWorld Rnk 15 / 214
Flag Rnk 552 / 1215
2022
ECONOMIC COMPLEXITY of Italy
1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $179M in Essential Oils, making it the 11th largest exporter of Essential Oils in the world. At the same year, Essential Oils was the 450th most exported product in Italy. The main destination of Essential Oils exports from Italy are: France ($37.7M), United States ($35.6M), Germany ($17.5M), Netherlands ($15.8M), and Switzerland ($9.22M).

The fastest growing export markets for Essential Oils of Italy between 2021 and 2022 were United States ($3M), Netherlands ($2.84M), and Portugal ($1.96M).

Imports In 2022, Italy imported $119M in Essential Oils, becoming the 15th largest importer of Essential Oils in the world. At the same year, Essential Oils was the 552nd most imported product in Italy. Italy imports Essential Oils primarily from: France ($29.6M), Netherlands ($15.8M), Spain ($15.4M), Germany ($12.5M), and Austria ($6.59M).

The fastest growing import markets in Essential Oils for Italy between 2021 and 2022 were Netherlands ($6.72M), Croatia ($5.25M), and France ($4.11M).

Historical Data

Trade Balance

Color
EXPORTS (2022)$179M
IMPORTS (2022)$119M
NET TRADE (2022)$60.5M

In 2022, Italy exported $179M in Essential Oils. The main destinations of Italy exports on Essential Oils were France ($37.7M), United States ($35.6M), Germany ($17.5M), Netherlands ($15.8M), and Switzerland ($9.22M).

In 2022, Italy imported $119M in Essential Oils, mainly from France ($29.6M), Netherlands ($15.8M), Spain ($15.4M), Germany ($12.5M), and Austria ($6.59M).

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Export Destinations (NaN)

Import Origins (NaN)

Market Growth

Flow
THE FASTEST GROWING Essential Oils EXPORT MARKETS FOR Italy WERE (2021 - 2022):
United States$3M (9.2%)
Netherlands$2.84M (21.8%)
Portugal$1.96M (718%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Essential Oils BY Italy WERE (2021 - 2022):
Germany-$8.65M (-33%)
France-$8.11M (-17.7%)
Saudi Arabia-$1.54M (-98.5%)

Change in Exports by Market (undefined - undefined)

Market Concentration

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Flow
Type
In 2022, Italy's main exporting competitors in Essential Oils were:
In 2022, Italy's main importing competitors in Essential Oils were:

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Trade Value of Essential Oils by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $7.05M
TOP IMPORT POTENTIALFrance+ $4.78M

Essential Oils’s highest export potential is United States. With an export gap of $7.05M.   Essential Oils’s highest import potential is France with an import gap of $4.78M.

See methodology.

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