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2022
Exports $2.22BWorld Rnk 11 / 151
Flag Rnk 66 / 1217
2022
Destination $114M Germany
2021 - 2022
FASTEST GROWING MARKET $114MPoland
2022
PRODUCT COMPLEXITY IN Hot-Rolled Iron0.41Rnk 402 / 1025
2022
Imports $5.5BWorld Rnk 1 / 214
Flag Rnk 11 / 1215
2022
Origin $301M France
2021 - 2022
FASTEST GROWING ORIGIN $301MNetherlands
2022
ECONOMIC COMPLEXITY of Italy1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $2.22B in Hot-Rolled Iron, making it the 11th largest exporter of Hot-Rolled Iron in the world. At the same year, Hot-Rolled Iron was the 66th most exported product in Italy. The main destination of Hot-Rolled Iron exports from Italy are: Germany ($546M), France ($213M), Poland ($201M), Austria ($165M), and Czechia ($131M).

The fastest growing export markets for Hot-Rolled Iron of Italy between 2021 and 2022 were Poland ($114M), France ($41.2M), and Czechia ($33.2M).

Imports In 2022, Italy imported $5.5B in Hot-Rolled Iron, becoming the 1st largest importer of Hot-Rolled Iron in the world. At the same year, Hot-Rolled Iron was the 11th most imported product in Italy. Italy imports Hot-Rolled Iron primarily from: France ($1.11B), Germany ($503M), India ($483M), Japan ($448M), and South Korea ($437M).

The fastest growing import markets in Hot-Rolled Iron for Italy between 2021 and 2022 were Netherlands ($301M), Japan ($255M), and France ($233M).

Latest Trends

September 2024

About

Overview In September 2024 Italy's Hot-Rolled Iron exports accounted up to €105M and imports accounted up to €205M, resulting in a negative trade balance of €100M. Between September 2023 and September 2024 the exports of Italy's   Hot-Rolled Iron have decreased by €-39.7M (-27.5%) from €144M to €105M, while imports decreased by €-29.3M (-12.5%) from €235M to €205M.

Destinations In September 2024, Hot-Rolled Iron were exported mostly to Germany (€28.1M), France (€12.7M), Austria (€9.96M), Poland (€8.97M), and Slovenia (€6.54M), and were imported mostly from Germany (€39.6M), South Korea (€34M), France (€33.9M), Spain (€20.3M), and Turkey (€14.7M).

Growth In September 2024, the decrease in Hot-Rolled Iron's year-by-year exports was explained primarily by a decrease in exports to Germany (€-4.87M or -10.2%), Belgium (€-3.78M or -59.8%), and Spain (€-3.47M or -35%). In September 2024, the decrease in Hot-Rolled Iron's year-by-year imports was explained primarily by a decrease in imports from Turkey (€-93.5M or -92.8%), Indonesia (€-29M or -99.8%), and Egypt (€-18.5M or -81.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)€-39.7M(-27.5%)
IMPORT GROWTH (September 2023 - September 2024)€-29.3M(-12.5%)
MAIN DESTINATION (September 2024)Germany€28.1M

This section shows Hot-Rolled Iron'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 Hot-Rolled Iron over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.22B
IMPORTS (2022)$5.5B
NET TRADE (2022)-$3.29B

In 2022, Italy exported $2.22B in Hot-Rolled Iron. The main destinations of Italy exports on Hot-Rolled Iron were Germany ($546M), France ($213M), Poland ($201M), Austria ($165M), and Czechia ($131M).

In 2022, Italy imported $5.5B in Hot-Rolled Iron, mainly from France ($1.11B), Germany ($503M), India ($483M), Japan ($448M), and South Korea ($437M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hot-Rolled Iron EXPORT MARKETS FOR Italy WERE (2021 - 2022):
Poland$114M (130%)
France$41.2M (24%)
Czechia$33.2M (33.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hot-Rolled Iron BY Italy WERE (2021 - 2022):
Turkey-$32M (-32%)
Belgium-$19.6M (-29.8%)
Mexico-$16.1M (-44.8%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Hot-Rolled Iron were:
Japan $11.2B
China $11.2B
South Korea $6.81B
In 2022, Italy's main importing competitors in Hot-Rolled Iron were:
Vietnam $5.46B
Germany $4B

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Trade Value of Hot-Rolled Iron by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $74.9M
TOP IMPORT POTENTIALIndia+ $79.1M

Hot-Rolled Iron’s highest export potential is France. With an export gap of $74.9M.   Hot-Rolled Iron’s highest import potential is India with an import gap of $79.1M.

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