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2022
Exports $728MWorld Rnk 2 / 179
Flag Rnk 188 / 1217
2022
Destination $18.2M France
2021 - 2022
FASTEST GROWING MARKET $18.2MGermany
2022
PRODUCT COMPLEXITY IN Iron Cloth-0.056Rnk 564 / 1025
2022
Imports $160MWorld Rnk 10 / 221
Flag Rnk 476 / 1215
2022
Origin $4.86M China
2021 - 2022
FASTEST GROWING ORIGIN $4.86MAlbania
2022
ECONOMIC COMPLEXITY of Italy1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $728M in Iron Cloth, making it the 2nd largest exporter of Iron Cloth in the world. At the same year, Iron Cloth was the 188th most exported product in Italy. The main destination of Iron Cloth exports from Italy are: France ($206M), Germany ($156M), Austria ($62.8M), Croatia ($36.7M), and Czechia ($23.7M).

The fastest growing export markets for Iron Cloth of Italy between 2021 and 2022 were Germany ($18.2M), France ($11.9M), and Spain ($3.43M).

Imports In 2022, Italy imported $160M in Iron Cloth, becoming the 10th largest importer of Iron Cloth in the world. At the same year, Iron Cloth was the 476th most imported product in Italy. Italy imports Iron Cloth primarily from: China ($49.9M), Germany ($14.8M), Albania ($11.9M), Bosnia and Herzegovina ($7.54M), and Netherlands ($7.47M).

The fastest growing import markets in Iron Cloth for Italy between 2021 and 2022 were Albania ($4.86M), China ($4.17M), and Slovakia ($1.92M).

COMPANIES In 2023, leading companies such as Valbruna Stainless (464) were at the forefront of shipping Iron Cloth from Italy to the United States.

Latest Trends

March 2024

About

Overview In March 2024 Italy's Iron Cloth exports accounted up to €45.6M and imports accounted up to €11.7M, resulting in a positive trade balance of €33.9M. Between March 2023 and March 2024 the exports of Italy's   Iron Cloth have decreased by €-10.8M (-19.1%) from €56.4M to €45.6M, while imports decreased by €-4.03M (-25.6%) from €15.8M to €11.7M.

Destinations In March 2024, Iron Cloth were exported mostly to France (€14.2M), Germany (€7.52M), Croatia (€5.09M), Austria (€2.57M), and United Kingdom (€2.05M), and were imported mostly from China (€2.22M), Croatia (€1.72M), Albania (€1.43M), Germany (€1.25M), and France (€729k).

Growth In March 2024, the decrease in Iron Cloth's year-by-year exports was explained primarily by a decrease in exports to Germany (€-4.57M or -48.2%), Austria (€-1.32M or -30.4%), and Poland (€-945k or -45%). In March 2024, the decrease in Iron Cloth's year-by-year imports was explained primarily by a decrease in imports from China (€-2.39M or -46.1%), Netherlands (€-323k or -33.3%), and Slovakia (€-173k or -36.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2023 - March 2024)€-10.8M(-19.1%)
IMPORT GROWTH (March 2023 - March 2024)€-4.03M(-25.6%)
MAIN DESTINATION (March 2024)France€14.2M

This section shows Iron Cloth'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 Iron Cloth over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$728M
IMPORTS (2022)$160M
NET TRADE (2022)$567M

In 2022, Italy exported $728M in Iron Cloth. The main destinations of Italy exports on Iron Cloth were France ($206M), Germany ($156M), Austria ($62.8M), Croatia ($36.7M), and Czechia ($23.7M).

In 2022, Italy imported $160M in Iron Cloth, mainly from China ($49.9M), Germany ($14.8M), Albania ($11.9M), Bosnia and Herzegovina ($7.54M), and Netherlands ($7.47M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Cloth EXPORT MARKETS FOR Italy WERE (2021 - 2022):
Germany$18.2M (13.2%)
France$11.9M (6.16%)
Spain$3.43M (16.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Cloth BY Italy WERE (2021 - 2022):
Croatia-$14.1M (-27.8%)
Angola-$10.1M (-99.6%)
Hungary-$5.12M (-42.8%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Iron Cloth were:
China $2.36B
Germany $681M
In 2022, Italy's main importing competitors in Iron Cloth were:
Germany $818M
France $786M
United States $772M

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Trade Value of Iron Cloth by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $13.7M
TOP IMPORT POTENTIALChina+ $11M

Iron Cloth’s highest export potential is United States. With an export gap of $13.7M.   Iron Cloth’s highest import potential is China with an import gap of $11M.

See methodology.

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