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2023
Exports $851kWorld Rnk 3 / 52
Flag Rnk 1175 / 1216
2023
Destination $388k Belgium
2022 - 2023
FASTEST GROWING MARKET $388kBelgium
2023
Imports $116kWorld Rnk 10 / 79
Flag Rnk 1202 / 1213
2023
Origin $6.12k China
2022 - 2023
FASTEST GROWING ORIGIN $6.12kIndia
2023
ECONOMIC COMPLEXITY of Italy1.29Rnk 18 / 132

About

Exports In 2023, Italy exported $851k in Horsehair Yarn, making it the 3rd largest exporter of Horsehair Yarn in the world. At the same year, Horsehair Yarn was the 1175th most exported product in Italy. The main destination of Horsehair Yarn exports from Italy are: Belgium ($562k), United States ($79k), South Korea ($56.7k), Romania ($26.9k), and Sweden ($26.6k).

The fastest growing export markets for Horsehair Yarn of Italy between 2022 and 2023 were Belgium ($388k), United States ($67k), and South Korea ($51.7k).

Imports In 2023, Italy imported $116k in Horsehair Yarn, becoming the 10th largest importer of Horsehair Yarn in the world. At the same year, Horsehair Yarn was the 1202nd most imported product in Italy. Italy imports Horsehair Yarn primarily from: China ($103k), India ($6.12k), Turkey ($1.8k), Switzerland ($1.75k), and United Kingdom ($1.51k).

The fastest growing import markets in Horsehair Yarn for Italy between 2022 and 2023 were India ($6.12k), Turkey ($1.8k), and Netherlands ($69).

Latest Trends

November 2024

About

Overview In November 2024 Italy's Horsehair Yarn exports accounted up to €3.56k and imports accounted up to €8.98k, resulting in a negative trade balance of €5.42k. Between October 2023 and November 2024 the exports of Italy's   Horsehair Yarn have decreased by €-9.41k (-72.6%) from €13k to €3.56k, while imports decreased by €-3.76k (-29.5%) from €12.7k to €8.98k.

Destinations In November 2024, Horsehair Yarn were exported mostly to Canada (€1.33k), Hong Kong (€1.14k), and Japan (€1.09k), and were imported mostly from .

Growth In November 2024, the decrease in Horsehair Yarn's year-by-year exports was explained primarily by a decrease in exports to . In June 2024, the decrease in Horsehair Yarn's year-by-year imports was explained primarily by a decrease in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - November 2024)€-9.41k(-72.6%)
IMPORT GROWTH (March 2022 - June 2024)€-3.76k(-29.5%)
MAIN DESTINATION (November 2024)Canada€1.33k

This section shows Horsehair Yarn'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 Horsehair Yarn over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$851k
IMPORTS (2023)$116k
NET TRADE (2023)$735k

In 2023, Italy exported $851k in Horsehair Yarn. The main destinations of Italy exports on Horsehair Yarn were Belgium ($562k), United States ($79k), South Korea ($56.7k), Romania ($26.9k), and Sweden ($26.6k).

In 2023, Italy imported $116k in Horsehair Yarn, mainly from China ($103k), India ($6.12k), Turkey ($1.8k), Switzerland ($1.75k), and United Kingdom ($1.51k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Horsehair Yarn EXPORT MARKETS FOR Italy WERE (2022 - 2023):
Belgium$388k (222%)
United States$67k (554%)
South Korea$51.7k (1.03k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Horsehair Yarn BY Italy WERE (2022 - 2023):
India-$31.9k (-100%)
United Arab Emirates-$16.6k (-93.6%)
Kuwait-$15.9k (-100%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Italy's main exporting competitors in Horsehair Yarn were:
Switzerland $1.43M
China $854k
In 2023, Italy's main importing competitors in Horsehair Yarn were:
Sweden $1.27M
Belgium $575k
United Kingdom $433k

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Trade Value of Horsehair Yarn by Exporters

Potential Exports

Potential Exports

Flow
View
N/A
N/AN/A
N/AN/A

Horsehair Yarn’s highest export potential is N/A. With an export gap of N/A.   Horsehair Yarn’s highest import potential is N/A with an import gap of N/A.

See methodology.

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