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2022
Exports $3.48BWorld Rnk 2 / 204
Flag Rnk 39 / 1217
2022
Destination $125M United States
2021 - 2022
FASTEST GROWING MARKET $125MUnited States
2022
PRODUCT COMPLEXITY IN Eyewear0.83Rnk 232 / 1025
2022
Imports $663MWorld Rnk 4 / 221
Flag Rnk 195 / 1215
2022
Origin $58M China
2021 - 2022
FASTEST GROWING ORIGIN $58MChina
2022
ECONOMIC COMPLEXITY of Italy1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $3.48B in Eyewear, making it the 2nd largest exporter of Eyewear in the world. At the same year, Eyewear was the 39th most exported product in Italy. The main destination of Eyewear exports from Italy are: United States ($1.2B), France ($325M), Germany ($208M), United Kingdom ($189M), and China ($177M).

The fastest growing export markets for Eyewear of Italy between 2021 and 2022 were United States ($125M), China ($49.3M), and Turkey ($40.5M).

Imports In 2022, Italy imported $663M in Eyewear, becoming the 4th largest importer of Eyewear in the world. At the same year, Eyewear was the 195th most imported product in Italy. Italy imports Eyewear primarily from: China ($301M), United States ($90.8M), Japan ($82.6M), France ($59.2M), and Germany ($23.2M).

The fastest growing import markets in Eyewear for Italy between 2021 and 2022 were China ($58M), Japan ($30.2M), and France ($10.1M).

Latest Trends

July 2024

About

Overview In July 2024 Italy's Eyewear exports accounted up to €285M and imports accounted up to €62.3M, resulting in a positive trade balance of €223M. Between July 2023 and July 2024 the exports of Italy's   Eyewear have decreased by €-232k (-0.081%) from €285M to €285M, while imports increased by €7.89M (14.5%) from €54.4M to €62.3M.

Destinations In July 2024, Eyewear were exported mostly to United States (€67.1M), France (€32.2M), Spain (€22.7M), Germany (€21.6M), and United Kingdom (€21.6M), and were imported mostly from China (€25.2M), Japan (€9.31M), United States (€9.25M), France (€8.33M), and Germany (€2.29M).

Growth In July 2024, the decrease in Eyewear's year-by-year exports was explained primarily by a decrease in exports to South Korea (€-4M or -51.8%), Switzerland (€-2.55M or -20.4%), and Bulgaria (€-216k or -15.2%). In July 2024, the increase in Eyewear's year-by-year imports was explained primarily by an increase in imports from France (€2.08M or 98.4%), Chinese Taipei (€306k or 68.2%), and United Kingdom (€299k or 201%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)€-232k(-0.081%)
IMPORT GROWTH (July 2023 - July 2024)€7.89M(14.5%)
MAIN DESTINATION (July 2024)United States€67.1M

This section shows Eyewear'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 Eyewear over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$3.48B
IMPORTS (2022)$663M
NET TRADE (2022)$2.81B

In 2022, Italy exported $3.48B in Eyewear. The main destinations of Italy exports on Eyewear were United States ($1.2B), France ($325M), Germany ($208M), United Kingdom ($189M), and China ($177M).

In 2022, Italy imported $663M in Eyewear, mainly from China ($301M), United States ($90.8M), Japan ($82.6M), France ($59.2M), and Germany ($23.2M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Eyewear EXPORT MARKETS FOR Italy WERE (2021 - 2022):
United States$125M (11.6%)
China$49.3M (38.5%)
Turkey$40.5M (73.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Eyewear BY Italy WERE (2021 - 2022):
United Kingdom-$26.2M (-12.1%)
Russia-$18.4M (-58.2%)
Hong Kong-$17.5M (-25.2%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Eyewear were:
China $4.53B
Chinese Taipei $521M
In 2022, Italy's main importing competitors in Eyewear were:
United States $3.04B
Germany $668M
France $666M

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Trade Value of Eyewear by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSwitzerland+ $12.1M
TOP IMPORT POTENTIALGermany+ $6.99M

Eyewear’s highest export potential is Switzerland. With an export gap of $12.1M.   Eyewear’s highest import potential is Germany with an import gap of $6.99M.

See methodology.

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