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2023
Exports $1.22BWorld Rnk 3 / 188
Flag Rnk 124 / 1216
2023
Destination $81.9M France
2022 - 2023
FASTEST GROWING MARKET $81.9MFrance
2023
PRODUCT COMPLEXITY IN Glass Bottles-0.52Rnk 711 / 1025
2023
Imports $1.17BWorld Rnk 3 / 219
Flag Rnk 113 / 1213
2023
Origin $58.1M Germany
2022 - 2023
FASTEST GROWING ORIGIN $58.1MBulgaria
2023
ECONOMIC COMPLEXITY of Italy1.29Rnk 18 / 132

About

Exports In 2023, Italy exported $1.22B in Glass Bottles, making it the 3rd largest exporter of Glass Bottles in the world. At the same year, Glass Bottles was the 124th most exported product in Italy. The main destination of Glass Bottles exports from Italy are: France ($469M), Spain ($141M), United States ($117M), Germany ($81.5M), and United Kingdom ($38.2M).

The fastest growing export markets for Glass Bottles of Italy between 2022 and 2023 were France ($81.9M), Germany ($8.18M), and Belgium ($4.89M).

Imports In 2023, Italy imported $1.17B in Glass Bottles, becoming the 3rd largest importer of Glass Bottles in the world. At the same year, Glass Bottles was the 113th most imported product in Italy. Italy imports Glass Bottles primarily from: Germany ($182M), France ($174M), Bulgaria ($150M), Turkey ($142M), and Poland ($83.2M).

The fastest growing import markets in Glass Bottles for Italy between 2022 and 2023 were Bulgaria ($58.1M), Germany ($57.6M), and Turkey ($47M).

COMPANIES In 2023, leading companies such as LG Electronics (1) were at the forefront of shipping Glass Bottles from Italy to the United States.

Latest Trends

October 2024

About

Overview In October 2024 Italy's Glass Bottles exports accounted up to €78.4M and imports accounted up to €75M, resulting in a positive trade balance of €3.32M. Between October 2023 and October 2024 the exports of Italy's   Glass Bottles have increased by €1.58M (2.06%) from €76.8M to €78.4M, while imports increased by €89.4k (0.12%) from €75M to €75M.

Destinations In October 2024, Glass Bottles were exported mostly to France (€24.2M), Spain (€8.85M), United States (€8.31M), Germany (€7.28M), and Poland (€3.08M), and were imported mostly from Germany (€15.4M), France (€12.2M), Bulgaria (€10.2M), Poland (€7.41M), and China (€5.44M).

Growth In October 2024, the increase in Glass Bottles's year-by-year exports was explained primarily by an increase in exports to France (€14.9M or 45.3%), Spain (€6.7M or 92.2%), and United States (€1.02M or 16.6%). In October 2024, the increase in Glass Bottles's year-by-year imports was explained primarily by an increase in imports from Turkey (€3.63M or 103%), France (€3.42M or 40.1%), and Bulgaria (€3.27M or 82.5%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)€1.58M(2.06%)
IMPORT GROWTH (October 2023 - October 2024)€89.4k(0.12%)
MAIN DESTINATION (October 2024)France€24.2M

This section shows Glass Bottles'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 Bottles over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$1.22B
IMPORTS (2023)$1.17B
NET TRADE (2023)$51.2M

In 2023, Italy exported $1.22B in Glass Bottles. The main destinations of Italy exports on Glass Bottles were France ($469M), Spain ($141M), United States ($117M), Germany ($81.5M), and United Kingdom ($38.2M).

In 2023, Italy imported $1.17B in Glass Bottles, mainly from Germany ($182M), France ($174M), Bulgaria ($150M), Turkey ($142M), and Poland ($83.2M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Glass Bottles EXPORT MARKETS FOR Italy WERE (2022 - 2023):
France$81.9M (21.2%)
Germany$8.18M (11.2%)
Belgium$4.89M (35%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Glass Bottles BY Italy WERE (2022 - 2023):
Spain-$3.58M (-2.48%)
China-$3.48M (-30.9%)
Portugal-$2.4M (-14.8%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Italy's main exporting competitors in Glass Bottles were:
China $2.33B
Germany $1.88B
In 2023, Italy's main importing competitors in Glass Bottles were:
France $2.08B
United States $1.83B

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Trade Value of Glass Bottles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $26.6M
TOP IMPORT POTENTIALChina+ $25.7M

Glass Bottles’s highest export potential is United States. With an export gap of $26.6M.   Glass Bottles’s highest import potential is China with an import gap of $25.7M.

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