2022
Exports
$54MWorld Rnk 14 / 105
Flag Rnk 692 / 1217
2022
PRODUCT COMPLEXITY IN Iron Powder
0.78Rnk 252 / 1025
2022
Imports
$143MWorld Rnk 6 / 176
Flag Rnk 505 / 1215
2022
ECONOMIC COMPLEXITY of Italy
1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $54M in Iron Powder, making it the 14th largest exporter of Iron Powder in the world. At the same year, Iron Powder was the 692nd most exported product in Italy. The main destination of Iron Powder exports from Italy are: South Korea ($15.9M), Germany ($10.1M), Czechia ($5.37M), India ($3.8M), and United Kingdom ($2.36M).

The fastest growing export markets for Iron Powder of Italy between 2021 and 2022 were Germany ($5.09M), United States ($1.44M), and United Kingdom ($1.41M).

Imports In 2022, Italy imported $143M in Iron Powder, becoming the 6th largest importer of Iron Powder in the world. At the same year, Iron Powder was the 505th most imported product in Italy. Italy imports Iron Powder primarily from: Sweden ($32.8M), Germany ($30.3M), Romania ($24.4M), France ($23.9M), and Egypt ($8.56M).

The fastest growing import markets in Iron Powder for Italy between 2021 and 2022 were United States ($3.94M), Germany ($1.68M), and France ($1.06M).

Latest Trends

Oct 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Iron Powder. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$54M
IMPORTS (2022)$143M
NET TRADE (2022)-$89.5M

In 2022, Italy exported $54M in Iron Powder. The main destinations of Italy exports on Iron Powder were South Korea ($15.9M), Germany ($10.1M), Czechia ($5.37M), India ($3.8M), and United Kingdom ($2.36M).

In 2022, Italy imported $143M in Iron Powder, mainly from Sweden ($32.8M), Germany ($30.3M), Romania ($24.4M), France ($23.9M), and Egypt ($8.56M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Powder EXPORT MARKETS FOR Italy WERE (2021 - 2022):
Germany$5.09M (102%)
United States$1.44M (273%)
United Kingdom$1.41M (148%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Powder BY Italy WERE (2021 - 2022):
Netherlands-$289k (-82.3%)
Romania-$268k (-29.9%)
Hungary-$252k (-22.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Italy's main exporting competitors in Iron Powder were:
In 2022, Italy's main importing competitors in Iron Powder were:

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Trade Value of Iron Powder by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.7M
TOP IMPORT POTENTIALChina+ $2.43M

Iron Powder’s highest export potential is United States. With an export gap of $1.7M.   Iron Powder’s highest import potential is China with an import gap of $2.43M.

See methodology.

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