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Pricing

2022
Exports $2.3BWorld Rnk 6 / 224
Flag Rnk 63 / 1217
2022
Destination $10.5M Germany
2021 - 2022
FASTEST GROWING MARKET $10.5MSpain
2022
PRODUCT COMPLEXITY IN Iron Fasteners1.68Rnk 27 / 1025
2022
Imports $1.36BWorld Rnk 10 / 225
Flag Rnk 97 / 1215
2022
Origin $58.1MN/A
2021 - 2022
FASTEST GROWING ORIGIN $58.1MChinese Taipei
2022
ECONOMIC COMPLEXITY of Italy1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $2.3B in Iron Fasteners, making it the 6th largest exporter of Iron Fasteners in the world. At the same year, Iron Fasteners was the 63rd most exported product in Italy. The main destination of Iron Fasteners exports from Italy are: Germany ($628M), France ($322M), United States ($143M), Poland ($129M), and Spain ($119M).

The fastest growing export markets for Iron Fasteners of Italy between 2021 and 2022 were Spain ($10.5M), Poland ($10.3M), and United Kingdom ($10.1M).

Imports In 2022, Italy imported $1.36B in Iron Fasteners, becoming the 10th largest importer of Iron Fasteners in the world. At the same year, Iron Fasteners was the 97th most imported product in Italy. Italy imports Iron Fasteners primarily from: N/A.

The fastest growing import markets in Iron Fasteners for Italy between 2021 and 2022 were Chinese Taipei ($58.1M), China ($40.5M), and Turkey ($13.7M).

COMPANIES In 2023, leading companies such as LG Electronics (17), Electrolux (9), and Danfoss (7) were at the forefront of shipping Iron Fasteners from Italy to the United States.

Latest Trends

March 2024

About

Overview In March 2024 Italy's Iron Fasteners exports accounted up to €191M and imports accounted up to €97.4M, resulting in a positive trade balance of €93.5M. Between March 2023 and March 2024 the exports of Italy's   Iron Fasteners have decreased by €-27.4M (-12.6%) from €218M to €191M, while imports decreased by €-11M (-10.1%) from €108M to €97.4M.

Destinations In March 2024, Iron Fasteners were exported mostly to Germany (€51.9M), France (€28.5M), United States (€13.3M), Poland (€12.9M), and Spain (€10.8M), and were imported mostly from Germany (€31.8M), China (€16M), Chinese Taipei (€6.3M), Finland (€5.42M), and United States (€5.04M).

Growth In March 2024, the decrease in Iron Fasteners's year-by-year exports was explained primarily by a decrease in exports to Russia (€-635k or -74.6%), China (€-258k or -21.1%), and Israel (€-214k or -62%). In March 2024, the decrease in Iron Fasteners's year-by-year imports was explained primarily by a decrease in imports from China (€-16.9M or -51.8%), Chinese Taipei (€-2.72M or -23.5%), and Czechia (€-299k or -35.9%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2023 - March 2024)€-27.4M(-12.6%)
IMPORT GROWTH (March 2023 - March 2024)€-11M(-10.1%)
MAIN DESTINATION (March 2024)Germany€51.9M

This section shows Iron Fasteners'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 Fasteners over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.3B
IMPORTS (2022)$1.36B
NET TRADE (2022)$936M

In 2022, Italy exported $2.3B in Iron Fasteners. The main destinations of Italy exports on Iron Fasteners were Germany ($628M), France ($322M), United States ($143M), Poland ($129M), and Spain ($119M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Fasteners EXPORT MARKETS FOR Italy WERE (2021 - 2022):
Spain$10.5M (9.7%)
Poland$10.3M (8.69%)
United Kingdom$10.1M (11.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Fasteners BY Italy WERE (2021 - 2022):
China-$13.4M (-37%)
Russia-$10.8M (-46.8%)
Germany-$5.52M (-0.87%)
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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 Fasteners were:
China $12B
Germany $7.11B
Chinese Taipei $6.56B
In 2022, Italy's main importing competitors in Iron Fasteners were:
United States $7.91B
Germany $4.86B
Mexico $2.97B

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Trade Value of Iron Fasteners by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $79M
TOP IMPORT POTENTIALChina+ $73.5M

Iron Fasteners’s highest export potential is United States. With an export gap of $79M.   Iron Fasteners’s highest import potential is China with an import gap of $73.5M.

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