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2022
Exports $1.73BWorld Rnk 5 / 203
Flag Rnk 89 / 1217
2022
Destination $37.1M Germany
2021 - 2022
FASTEST GROWING MARKET $37.1MUnited States
2022
PRODUCT COMPLEXITY IN Hard Liquor-0.52Rnk 708 / 1025
2022
Imports $754MWorld Rnk 11 / 224
Flag Rnk 175 / 1215
2022
Origin $78.1M United Kingdom
2021 - 2022
FASTEST GROWING ORIGIN $78.1MUnited Kingdom
2022
ECONOMIC COMPLEXITY of Italy1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $1.73B in Hard Liquor, making it the 5th largest exporter of Hard Liquor in the world. At the same year, Hard Liquor was the 89th most exported product in Italy. The main destination of Hard Liquor exports from Italy are: Germany ($371M), United States ($225M), United Kingdom ($161M), France ($101M), and Spain ($75.4M).

The fastest growing export markets for Hard Liquor of Italy between 2021 and 2022 were United States ($37.1M), Spain ($27.9M), and Netherlands ($16.1M).

Imports In 2022, Italy imported $754M in Hard Liquor, becoming the 11th largest importer of Hard Liquor in the world. At the same year, Hard Liquor was the 175th most imported product in Italy. Italy imports Hard Liquor primarily from: United Kingdom ($225M), France ($112M), Netherlands ($72.7M), United States ($65.1M), and Spain ($56.5M).

The fastest growing import markets in Hard Liquor for Italy between 2021 and 2022 were United Kingdom ($78.1M), Mexico ($36.4M), and Netherlands ($34.4M).

COMPANIES In 2023, leading companies such as Cardinal Wine Group (48), Busa Distribution Center (37), and Pernod Ricard (24) were at the forefront of shipping Hard Liquor from Italy to the United States.

Latest Trends

July 2024

About

Overview In July 2024 Italy's Hard Liquor exports accounted up to €168M and imports accounted up to €119M, resulting in a positive trade balance of €48.8M. Between July 2023 and July 2024 the exports of Italy's   Hard Liquor have increased by €19.4M (13%) from €149M to €168M, while imports increased by €62.9M (111%) from €56.4M to €119M.

Destinations In July 2024, Hard Liquor were exported mostly to Germany (€39.9M), United States (€26.5M), Belgium (€14.3M), United Kingdom (€13.6M), and France (€12.2M), and were imported mostly from United States (€51.3M), United Kingdom (€20.7M), France (€11.2M), Belgium (€7.53M), and Netherlands (€6.59M).

Growth In July 2024, the increase in Hard Liquor's year-by-year exports was explained primarily by an increase in exports to United States (€12.6M or 173%), Germany (€4.81M or 31.4%), and Greece (€2.05M or 152%). In July 2024, the increase in Hard Liquor's year-by-year imports was explained primarily by an increase in imports from United Kingdom (€6.83M or 64.3%), Spain (€5.08M or 180%), and Venezuela (€1.06M or 67.9%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)€19.4M(13%)
IMPORT GROWTH (July 2023 - July 2024)€62.9M(111%)
MAIN DESTINATION (July 2024)Germany€39.9M

This section shows Hard Liquor'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 Hard Liquor over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.73B
IMPORTS (2022)$754M
NET TRADE (2022)$977M

In 2022, Italy exported $1.73B in Hard Liquor. The main destinations of Italy exports on Hard Liquor were Germany ($371M), United States ($225M), United Kingdom ($161M), France ($101M), and Spain ($75.4M).

In 2022, Italy imported $754M in Hard Liquor, mainly from United Kingdom ($225M), France ($112M), Netherlands ($72.7M), United States ($65.1M), and Spain ($56.5M).

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Export Destinations (NaN)

Import Origins (NaN)

Market Growth

Flow
THE FASTEST GROWING Hard Liquor EXPORT MARKETS FOR Italy WERE (2021 - 2022):
United States$37.1M (19.8%)
Spain$27.9M (58.6%)
Netherlands$16.1M (46.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hard Liquor BY Italy WERE (2021 - 2022):
United Kingdom-$28.4M (-15%)
Russia-$14.7M (-46.8%)
China-$10.3M (-50.2%)
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Change in Exports by Market (undefined - undefined)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Hard Liquor were:
United Kingdom $9.58B
France $6.3B
Mexico $4.86B
In 2022, Italy's main importing competitors in Hard Liquor were:
United States $10.9B
China $2.58B
Germany $1.89B

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Trade Value of Hard Liquor by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $88.8M
TOP IMPORT POTENTIALFrance+ $66.4M

Hard Liquor’s highest export potential is United States. With an export gap of $88.8M.   Hard Liquor’s highest import potential is France with an import gap of $66.4M.

See methodology.

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