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Pricing

2022
Exports $14.8MWorld Rnk 18 / 153
Flag Rnk 925 / 1217
2022
Destination $2.09M China
2021 - 2022
FASTEST GROWING MARKET $2.09MChina
2022
PRODUCT COMPLEXITY IN Friction Material0.27Rnk 464 / 1025
2022
Imports $42.6MWorld Rnk 8 / 211
Flag Rnk 775 / 1215
2022
Origin $6.06M Germany
2021 - 2022
FASTEST GROWING ORIGIN $6.06MUnited States
2022
ECONOMIC COMPLEXITY of Italy1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $14.8M in Friction Material, making it the 18th largest exporter of Friction Material in the world. At the same year, Friction Material was the 925th most exported product in Italy. The main destination of Friction Material exports from Italy are: China ($2.62M), Germany ($2.36M), France ($1.77M), Poland ($710k), and Chinese Taipei ($600k).

The fastest growing export markets for Friction Material of Italy between 2021 and 2022 were China ($2.09M), France ($1.29M), and Chinese Taipei ($553k).

Imports In 2022, Italy imported $42.6M in Friction Material, becoming the 8th largest importer of Friction Material in the world. At the same year, Friction Material was the 775th most imported product in Italy. Italy imports Friction Material primarily from: Germany ($10.6M), United States ($10.5M), France ($6.97M), Spain ($5.17M), and Czechia ($2M).

The fastest growing import markets in Friction Material for Italy between 2021 and 2022 were United States ($6.06M), United Arab Emirates ($661k), and Greece ($121k).

COMPANIES In 2023, leading companies such as ZF Friedrichshafen (47) were at the forefront of shipping Friction Material from Italy to the United States.

Latest Trends

March 2024

About

Overview In March 2024 Italy's Friction Material exports accounted up to €685k and imports accounted up to €2.9M, resulting in a negative trade balance of €2.22M. Between March 2023 and March 2024 the exports of Italy's   Friction Material have decreased by €-197k (-22.4%) from €882k to €685k, while imports decreased by €-875k (-23.2%) from €3.78M to €2.9M.

Destinations In March 2024, Friction Material were exported mostly to Germany (€244k), United Arab Emirates (€130k), United States (€54.3k), France (€48.7k), and Spain (€39.2k), and were imported mostly from Germany (€1.25M), Spain (€570k), France (€510k), China (€232k), and Austria (€58.2k).

Growth In March 2024, the decrease in Friction Material's year-by-year exports was explained primarily by a decrease in exports to Germany (€-32.2k or -13.7%), Austria (€-25.4k or -80.5%), and Poland (€-22.3k or -40.4%). In March 2024, the decrease in Friction Material's year-by-year imports was explained primarily by a decrease in imports from France (€-327k or -60.7%), Germany (€-232k or -20.3%), and Hungary (€-37.7k or -80.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2023 - March 2024)€-197k(-22.4%)
IMPORT GROWTH (March 2023 - March 2024)€-875k(-23.2%)
MAIN DESTINATION (March 2024)Germany€244k

This section shows Friction Material'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 Friction Material over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$14.8M
IMPORTS (2022)$42.6M
NET TRADE (2022)-$27.9M

In 2022, Italy exported $14.8M in Friction Material. The main destinations of Italy exports on Friction Material were China ($2.62M), Germany ($2.36M), France ($1.77M), Poland ($710k), and Chinese Taipei ($600k).

In 2022, Italy imported $42.6M in Friction Material, mainly from Germany ($10.6M), United States ($10.5M), France ($6.97M), Spain ($5.17M), and Czechia ($2M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Friction Material EXPORT MARKETS FOR Italy WERE (2021 - 2022):
China$2.09M (401%)
France$1.29M (270%)
Chinese Taipei$553k (1.18k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Friction Material BY Italy WERE (2021 - 2022):
Germany-$636k (-21.2%)
United Arab Emirates-$429k (-58.7%)
United Kingdom-$150k (-54.3%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Friction Material were:
Japan $247M
United States $191M
Germany $155M
In 2022, Italy's main importing competitors in Friction Material were:
United States $164M
China $111M
Germany $85.5M

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Trade Value of Friction Material by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $716k
TOP IMPORT POTENTIALFrance+ $1.35M

Friction Material’s highest export potential is France. With an export gap of $716k.   Friction Material’s highest import potential is France with an import gap of $1.35M.

See methodology.

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