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2022
Exports $8.59MWorld Rnk 22 / 159
Flag Rnk 987 / 1217
2022
Destination $1.12M United States
2021 - 2022
FASTEST GROWING MARKET $1.12MUnited States
2022
PRODUCT COMPLEXITY IN Glass Beads0.61Rnk 316 / 1025
2022
Imports $77.9MWorld Rnk 4 / 208
Flag Rnk 654 / 1215
2022
Origin $7.87M Austria
2021 - 2022
FASTEST GROWING ORIGIN $7.87MChina
2022
ECONOMIC COMPLEXITY of Italy1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $8.59M in Glass Beads, making it the 22nd largest exporter of Glass Beads in the world. At the same year, Glass Beads was the 987th most exported product in Italy. The main destination of Glass Beads exports from Italy are: United States ($2.27M), France ($620k), United Kingdom ($517k), Switzerland ($416k), and Hong Kong ($405k).

The fastest growing export markets for Glass Beads of Italy between 2021 and 2022 were United States ($1.12M), Portugal ($333k), and Japan ($281k).

Imports In 2022, Italy imported $77.9M in Glass Beads, becoming the 4th largest importer of Glass Beads in the world. At the same year, Glass Beads was the 654th most imported product in Italy. Italy imports Glass Beads primarily from: Austria ($22.4M), China ($20.9M), Czechia ($15.4M), France ($4.78M), and Spain ($3.46M).

The fastest growing import markets in Glass Beads for Italy between 2021 and 2022 were China ($7.87M), Austria ($7.42M), and Czechia ($4.49M).

COMPANIES In 2023, leading companies such as Wismettac Asian Foods (1) were at the forefront of shipping Glass Beads from Italy to the United States.

Latest Trends

July 2024

About

Overview In July 2024 Italy's Glass Beads exports accounted up to €876k and imports accounted up to €6.13M, resulting in a negative trade balance of €5.25M. Between July 2023 and July 2024 the exports of Italy's   Glass Beads have decreased by €-383k (-30.4%) from €1.26M to €876k, while imports decreased by €-4.16M (-40.4%) from €10.3M to €6.13M.

Destinations In July 2024, Glass Beads were exported mostly to United States (€180k), China (€146k), Hong Kong (€141k), Romania (€125k), and Japan (€83.3k), and were imported mostly from Austria (€2.29M), China (€1.09M), France (€725k), Spain (€191k), and Germany (€182k).

Growth In July 2024, the decrease in Glass Beads's year-by-year exports was explained primarily by a decrease in exports to France (€-17.1k or -43.6%), Greece (€-6.09k or -46.4%), and United Kingdom (€-5.97k or -53.4%). In July 2024, the decrease in Glass Beads's year-by-year imports was explained primarily by a decrease in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)€-383k(-30.4%)
IMPORT GROWTH (July 2023 - July 2024)€-4.16M(-40.4%)
MAIN DESTINATION (July 2024)United States€180k

This section shows Glass Beads'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 Glass Beads over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$8.59M
IMPORTS (2022)$77.9M
NET TRADE (2022)-$69.3M

In 2022, Italy exported $8.59M in Glass Beads. The main destinations of Italy exports on Glass Beads were United States ($2.27M), France ($620k), United Kingdom ($517k), Switzerland ($416k), and Hong Kong ($405k).

In 2022, Italy imported $77.9M in Glass Beads, mainly from Austria ($22.4M), China ($20.9M), Czechia ($15.4M), France ($4.78M), and Spain ($3.46M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Glass Beads EXPORT MARKETS FOR Italy WERE (2021 - 2022):
United States$1.12M (96.6%)
Portugal$333k (611%)
Japan$281k (348%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Glass Beads BY Italy WERE (2021 - 2022):
India-$262k (-69.8%)
Saudi Arabia-$185k (-72.6%)
China-$169k (-53.5%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Glass Beads were:
China $899M
Czechia $105M
Austria $92M
In 2022, Italy's main importing competitors in Glass Beads were:
United States $143M
United Arab Emirates $108M
India $106M

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Trade Value of Glass Beads by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $414k
TOP IMPORT POTENTIALChina+ $2.84M

Glass Beads’s highest export potential is United States. With an export gap of $414k.   Glass Beads’s highest import potential is China with an import gap of $2.84M.

See methodology.

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