2022
Exports
$67.1MWorld Rnk 18 / 123
Flag Rnk 649 / 1217
2022
PRODUCT COMPLEXITY IN Inorganic Salts
-0.39Rnk 671 / 1025
2022
Imports
$142MWorld Rnk 13 / 186
Flag Rnk 507 / 1215
2022
ECONOMIC COMPLEXITY of Italy
1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $67.1M in Inorganic Salts, making it the 18th largest exporter of Inorganic Salts in the world. At the same year, Inorganic Salts was the 649th most exported product in Italy. The main destination of Inorganic Salts exports from Italy are: South Korea ($16.1M), China ($12.3M), Spain ($10.6M), Chinese Taipei ($5.53M), and Germany ($4.74M).

The fastest growing export markets for Inorganic Salts of Italy between 2021 and 2022 were China ($4.72M), South Korea ($3.97M), and Tunisia ($798k).

Imports In 2022, Italy imported $142M in Inorganic Salts, becoming the 13th largest importer of Inorganic Salts in the world. At the same year, Inorganic Salts was the 507th most imported product in Italy. Italy imports Inorganic Salts primarily from: France ($36.5M), China ($22M), Netherlands ($11.9M), Spain ($11.5M), and Germany ($10.9M).

The fastest growing import markets in Inorganic Salts for Italy between 2021 and 2022 were France ($11.4M), China ($4.18M), and India ($3.32M).

Historical Data

Trade Balance

Color
EXPORTS (2022)$67.1M
IMPORTS (2022)$142M
NET TRADE (2022)-$75.2M

In 2022, Italy exported $67.1M in Inorganic Salts. The main destinations of Italy exports on Inorganic Salts were South Korea ($16.1M), China ($12.3M), Spain ($10.6M), Chinese Taipei ($5.53M), and Germany ($4.74M).

In 2022, Italy imported $142M in Inorganic Salts, mainly from France ($36.5M), China ($22M), Netherlands ($11.9M), Spain ($11.5M), and Germany ($10.9M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Inorganic Salts EXPORT MARKETS FOR Italy WERE (2021 - 2022):
China$4.72M (62.5%)
South Korea$3.97M (32.8%)
Tunisia$798k (254%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Inorganic Salts BY Italy WERE (2021 - 2022):
France-$2.6M (-53.5%)
United States-$1.49M (-35.2%)
Spain-$1.44M (-12%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Italy's main exporting competitors in Inorganic Salts were:
In 2022, Italy's main importing competitors in Inorganic Salts were:

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Trade Value of Inorganic Salts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $3.23M
TOP IMPORT POTENTIALChina+ $12.3M

Inorganic Salts’s highest export potential is China. With an export gap of $3.23M.   Inorganic Salts’s highest import potential is China with an import gap of $12.3M.

See methodology.

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