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2018
Exports $22.6MWorld Rnk 6 / 95
Flag Rnk 856 / 1217
2018
Destination $4.26M Spain
2021 - 2022
FASTEST GROWING MARKET $4.26MHungary
2018
Imports $46.7MWorld Rnk 2 / 112
Flag Rnk 760 / 1215
2018
Origin $22.2M Spain
2021 - 2022
FASTEST GROWING ORIGIN $22.2MSpain
2022
ECONOMIC COMPLEXITY of Italy1.29Rnk 17 / 133

About

Exports In 2018, Italy exported $22.6M in Fat and Oil Residues, making it the 6th largest exporter of Fat and Oil Residues in the world. At the same year, Fat and Oil Residues was the 856th most exported product in Italy. The main destination of Fat and Oil Residues exports from Italy are: Spain ($6.57M), Netherlands ($5.56M), Hungary ($4.59M), Denmark ($2.15M), and Portugal ($1.74M).

The fastest growing export markets for Fat and Oil Residues of Italy between 2021 and 2022 were Hungary ($4.26M), Netherlands ($2.51M), and Portugal ($1.74M).

Imports In 2022, Italy imported $46.7M in Fat and Oil Residues, becoming the 2nd largest importer of Fat and Oil Residues in the world. At the same year, Fat and Oil Residues was the 760th most imported product in Italy. Italy imports Fat and Oil Residues primarily from: Spain ($22.4M), Malaysia ($9.79M), Indonesia ($9.41M), France ($2.34M), and Romania ($1.67M).

The fastest growing import markets in Fat and Oil Residues for Italy between 2021 and 2022 were Spain ($22.2M), Indonesia ($5.51M), and Malaysia ($3.66M).

Latest Trends

March 2024

About

Overview In March 2024 Italy's Fat and Oil Residues exports accounted up to €790k and imports accounted up to €16.2M, resulting in a negative trade balance of €15.4M. Between March 2023 and March 2024 the exports of Italy's   Fat and Oil Residues have decreased by €-170k (-17.7%) from €960k to €790k, while imports increased by €3.22M (24.7%) from €13M to €16.2M.

Destinations In March 2024, Fat and Oil Residues were exported mostly to Netherlands (€666k), France (€40.8k), South Korea (€24.2k), Denmark (€22k), and Spain (€15.4k), and were imported mostly from Indonesia (€8.14M), Spain (€6.28M), Malaysia (€1.77M), and France (€55k).

Growth In March 2024, the decrease in Fat and Oil Residues's year-by-year exports was explained primarily by a decrease in exports to Denmark (€-49k or -56.3%) and Switzerland (€-9.17k or -26.3%). In March 2024, the increase in Fat and Oil Residues's year-by-year imports was explained primarily by an increase in imports from France (€27.3k or 15%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2023 - March 2024)€-170k(-17.7%)
IMPORT GROWTH (March 2023 - March 2024)€3.22M(24.7%)
MAIN DESTINATION (March 2024)Netherlands€666k

This section shows Fat and Oil Residues'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 Fat and Oil Residues over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$22.6M
IMPORTS (2022)$46.7M
NET TRADE (2022)-$24M

In 2022, Italy exported $22.6M in Fat and Oil Residues. The main destinations of Italy exports on Fat and Oil Residues were Spain ($6.57M), Netherlands ($5.56M), Hungary ($4.59M), Denmark ($2.15M), and Portugal ($1.74M).

In 2022, Italy imported $46.7M in Fat and Oil Residues, mainly from Spain ($22.4M), Malaysia ($9.79M), Indonesia ($9.41M), France ($2.34M), and Romania ($1.67M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Fat and Oil Residues EXPORT MARKETS FOR Italy WERE (2021 - 2022):
Hungary$4.26M (1.3k%)
Netherlands$2.51M (82.2%)
Portugal$1.74M (20.9k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Fat and Oil Residues BY Italy WERE (2021 - 2022):
Belgium-$4.73M (-90.6%)
Spain-$3.17M (-32.6%)
Denmark-$989k (-31.5%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Fat and Oil Residues were:
Indonesia $153M
Malaysia $75.1M
Spain $33M
In 2022, Italy's main importing competitors in Fat and Oil Residues were:
Spain $180M
Netherlands $43.3M

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Trade Value of Fat and Oil Residues by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $429k
TOP IMPORT POTENTIALFrance+ $722k

Fat and Oil Residues’s highest export potential is France. With an export gap of $429k.   Fat and Oil Residues’s highest import potential is France with an import gap of $722k.

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