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2022
Exports $94.1MWorld Rnk 4 / 133
Flag Rnk 588 / 1217
2022
Destination $1.29M France
2021 - 2022
FASTEST GROWING MARKET $1.29MSpain
2022
PRODUCT COMPLEXITY IN Felt0.56Rnk 340 / 1025
2022
Imports $29.7MWorld Rnk 13 / 206
Flag Rnk 844 / 1215
2022
Origin $897k Germany
2021 - 2022
FASTEST GROWING ORIGIN $897kChina
2022
ECONOMIC COMPLEXITY of Italy1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $94.1M in Felt, making it the 4th largest exporter of Felt in the world. At the same year, Felt was the 588th most exported product in Italy. The main destination of Felt exports from Italy are: France ($14.6M), Poland ($9.35M), Germany ($8.47M), Spain ($8.38M), and Turkey ($5.77M).

The fastest growing export markets for Felt of Italy between 2021 and 2022 were Spain ($1.29M), Turkey ($1.25M), and United States ($793k).

Imports In 2022, Italy imported $29.7M in Felt, becoming the 13th largest importer of Felt in the world. At the same year, Felt was the 844th most imported product in Italy. Italy imports Felt primarily from: Germany ($10.8M), China ($6.36M), France ($2.6M), Spain ($1.81M), and Romania ($1.22M).

The fastest growing import markets in Felt for Italy between 2021 and 2022 were China ($897k), Germany ($657k), and Austria ($478k).

COMPANIES In 2023, leading companies such as Design Within Reach (1) were at the forefront of shipping Felt from Italy to the United States.

Latest Trends

March 2024

About

Overview In March 2024 Italy's Felt exports accounted up to €5.32M and imports accounted up to €2.23M, resulting in a positive trade balance of €3.09M. Between March 2023 and March 2024 the exports of Italy's   Felt have decreased by €-876k (-14.1%) from €6.19M to €5.32M, while imports decreased by €-107k (-4.6%) from €2.34M to €2.23M.

Destinations In March 2024, Felt were exported mostly to France (€1.06M), Germany (€853k), Turkey (€568k), Spain (€555k), and Poland (€477k), and were imported mostly from Germany (€1.33M), China (€388k), Romania (€242k), Indonesia (€115k), and Spain (€114k).

Growth In March 2024, the decrease in Felt's year-by-year exports was explained primarily by a decrease in exports to Germany (€-409k or -42.5%), Spain (€-257k or -30.7%), and United States (€-181k or -51.7%). In March 2024, the decrease in Felt's year-by-year imports was explained primarily by a decrease in imports from France (€-361k or -72.2%), China (€-315k or -44.5%), and Indonesia (€-12.5k or -23.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2023 - March 2024)€-876k(-14.1%)
IMPORT GROWTH (March 2023 - March 2024)€-107k(-4.6%)
MAIN DESTINATION (March 2024)France€1.06M

This section shows Felt'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 Felt over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$94.1M
IMPORTS (2022)$29.7M
NET TRADE (2022)$64.4M

In 2022, Italy exported $94.1M in Felt. The main destinations of Italy exports on Felt were France ($14.6M), Poland ($9.35M), Germany ($8.47M), Spain ($8.38M), and Turkey ($5.77M).

In 2022, Italy imported $29.7M in Felt, mainly from Germany ($10.8M), China ($6.36M), France ($2.6M), Spain ($1.81M), and Romania ($1.22M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Felt EXPORT MARKETS FOR Italy WERE (2021 - 2022):
Spain$1.29M (18.2%)
Turkey$1.25M (27.7%)
United States$793k (43.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Felt BY Italy WERE (2021 - 2022):
Germany-$3.32M (-28.1%)
Croatia-$1.15M (-35.9%)
France-$1.13M (-7.23%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Felt were:
China $295M
Germany $252M
United States $113M
In 2022, Italy's main importing competitors in Felt were:
United States $169M
Germany $85.4M
Mexico $64.4M

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Trade Value of Felt by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.06M
TOP IMPORT POTENTIALChina+ $1.37M

Felt’s highest export potential is United States. With an export gap of $2.06M.   Felt’s highest import potential is China with an import gap of $1.37M.

See methodology.

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