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2022
Exports $298MWorld Rnk 2 / 151
Flag Rnk 338 / 1217
2022
Destination $18.9M China
2021 - 2022
FASTEST GROWING MARKET $18.9MChina
2022
PRODUCT COMPLEXITY IN Furskin Apparel-0.18Rnk 610 / 1025
2022
Imports $52.6MWorld Rnk 8 / 187
Flag Rnk 740 / 1215
2022
Origin $2.3M France
2021 - 2022
FASTEST GROWING ORIGIN $2.3MGreece
2022
ECONOMIC COMPLEXITY of Italy1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $298M in Furskin Apparel, making it the 2nd largest exporter of Furskin Apparel in the world. At the same year, Furskin Apparel was the 338th most exported product in Italy. The main destination of Furskin Apparel exports from Italy are: China ($50.6M), United States ($38.3M), France ($37M), South Korea ($31.8M), and Japan ($18.2M).

The fastest growing export markets for Furskin Apparel of Italy between 2021 and 2022 were China ($18.9M), United States ($15.3M), and United Kingdom ($4.67M).

Imports In 2022, Italy imported $52.6M in Furskin Apparel, becoming the 8th largest importer of Furskin Apparel in the world. At the same year, Furskin Apparel was the 740th most imported product in Italy. Italy imports Furskin Apparel primarily from: France ($10.8M), Turkey ($6.07M), China ($5.81M), Greece ($5.18M), and Philippines ($3.72M).

The fastest growing import markets in Furskin Apparel for Italy between 2021 and 2022 were Greece ($2.3M), China ($829k), and Russia ($757k).

COMPANIES In 2023, leading companies such as Giorgio Armani (3) were at the forefront of shipping Furskin Apparel from Italy to the United States.

Latest Trends

March 2024

About

Overview In March 2024 Italy's Furskin Apparel exports accounted up to €9.68M and imports accounted up to €3.49M, resulting in a positive trade balance of €6.19M. Between March 2023 and March 2024 the exports of Italy's   Furskin Apparel have decreased by €-3.6M (-27.1%) from €13.3M to €9.68M, while imports decreased by €-55k (-1.55%) from €3.54M to €3.49M.

Destinations In March 2024, Furskin Apparel were exported mostly to France (€3.14M), South Korea (€1.38M), Japan (€885k), China (€690k), and United Kingdom (€643k), and were imported mostly from France (€1.27M), Switzerland (€1.12M), United Kingdom (€222k), China (€213k), and Germany (€193k).

Growth In March 2024, the decrease in Furskin Apparel's year-by-year exports was explained primarily by a decrease in exports to China (€-4.09M or -70%), Russia (€-589k or -97.3%), and France (€-557k or -25.8%). In March 2024, the decrease in Furskin Apparel's year-by-year imports was explained primarily by a decrease in imports from Greece (€-1.12M or -70.2%), Spain (€-64.8k or -49.3%), and Germany (€-34.4k or -33.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2023 - March 2024)€-3.6M(-27.1%)
IMPORT GROWTH (March 2023 - March 2024)€-55k(-1.55%)
MAIN DESTINATION (March 2024)France€3.14M

This section shows Furskin Apparel'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 Furskin Apparel over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$298M
IMPORTS (2022)$52.6M
NET TRADE (2022)$246M

In 2022, Italy exported $298M in Furskin Apparel. The main destinations of Italy exports on Furskin Apparel were China ($50.6M), United States ($38.3M), France ($37M), South Korea ($31.8M), and Japan ($18.2M).

In 2022, Italy imported $52.6M in Furskin Apparel, mainly from France ($10.8M), Turkey ($6.07M), China ($5.81M), Greece ($5.18M), and Philippines ($3.72M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Furskin Apparel EXPORT MARKETS FOR Italy WERE (2021 - 2022):
China$18.9M (59.4%)
United States$15.3M (66.8%)
United Kingdom$4.67M (44.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Furskin Apparel BY Italy WERE (2021 - 2022):
Russia-$19.8M (-90.5%)
Ukraine-$1.29M (-55.5%)
Switzerland-$1.06M (-6%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Furskin Apparel were:
China $1.24B
Turkey $108M
In 2022, Italy's main importing competitors in Furskin Apparel were:
Russia $802M
South Korea $214M
United States $165M

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Trade Value of Furskin Apparel by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALRussia+ $3.26M
TOP IMPORT POTENTIALChina+ $3.95M

Furskin Apparel’s highest export potential is Russia. With an export gap of $3.26M.   Furskin Apparel’s highest import potential is China with an import gap of $3.95M.

See methodology.

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