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2022
Exports $147kWorld Rnk 25 / 81
Flag Rnk 1201 / 1217
2022
Destination $8.93k Albania
2021 - 2022
FASTEST GROWING MARKET $8.93kRomania
2022
PRODUCT COMPLEXITY IN Jute Yarn-1.22Rnk 882 / 1025
2022
Imports $1.76MWorld Rnk 27 / 166
Flag Rnk 1159 / 1215
2022
Origin $293k Bangladesh
2021 - 2022
FASTEST GROWING ORIGIN $293kBangladesh
2022
ECONOMIC COMPLEXITY of Italy1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $147k in Jute Yarn, making it the 25th largest exporter of Jute Yarn in the world. At the same year, Jute Yarn was the 1201st most exported product in Italy. The main destination of Jute Yarn exports from Italy are: Albania ($23.5k), France ($16.2k), Spain ($14.7k), Greece ($10.3k), and Romania ($9.71k).

The fastest growing export markets for Jute Yarn of Italy between 2021 and 2022 were Romania ($8.93k), France ($8.35k), and Spain ($7.23k).

Imports In 2022, Italy imported $1.76M in Jute Yarn, becoming the 27th largest importer of Jute Yarn in the world. At the same year, Jute Yarn was the 1159th most imported product in Italy. Italy imports Jute Yarn primarily from: Bangladesh ($1.09M), Spain ($240k), Germany ($148k), India ($92.7k), and Belgium ($73.3k).

The fastest growing import markets in Jute Yarn for Italy between 2021 and 2022 were Bangladesh ($293k), Spain ($211k), and Belgium ($73.2k).

Latest Trends

March 2024

About

Overview In March 2024 Italy's Jute Yarn exports accounted up to €8.45k and imports accounted up to €4.23k, resulting in a positive trade balance of €4.22k. Between March 2023 and March 2024 the exports of Italy's   Jute Yarn have increased by €4.4k (109%) from €4.05k to €8.45k, while imports decreased by €-1.15k (-21.4%) from €5.38k to €4.23k.

Destinations In March 2024, Jute Yarn were exported mostly to Spain (€4.94k), France (€1.14k), Belgium (€771), Portugal (€606), and Germany (€387), and were imported mostly from Germany (€4.17k), Spain (€43), and Poland (€10).

Growth In March 2024, the increase in Jute Yarn's year-by-year exports was explained primarily by an increase in exports to Belgium (€1.05k or 1.33k%) and France (€48 or 6.66%). In March 2024, the decrease in Jute Yarn's year-by-year imports was explained primarily by a decrease in imports from Belgium (€-82.7k or -88.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2023 - March 2024)€4.4k(109%)
IMPORT GROWTH (March 2023 - March 2024)€-1.15k(-21.4%)
MAIN DESTINATION (March 2024)Spain€4.94k

This section shows Jute Yarn'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 Jute Yarn over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$147k
IMPORTS (2022)$1.76M
NET TRADE (2022)-$1.61M

In 2022, Italy exported $147k in Jute Yarn. The main destinations of Italy exports on Jute Yarn were Albania ($23.5k), France ($16.2k), Spain ($14.7k), Greece ($10.3k), and Romania ($9.71k).

In 2022, Italy imported $1.76M in Jute Yarn, mainly from Bangladesh ($1.09M), Spain ($240k), Germany ($148k), India ($92.7k), and Belgium ($73.3k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Jute Yarn EXPORT MARKETS FOR Italy WERE (2021 - 2022):
Romania$8.93k (1.14k%)
France$8.35k (107%)
Spain$7.23k (96.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Jute Yarn BY Italy WERE (2021 - 2022):
Lithuania-$41.5k (-100%)
Belgium-$39.1k (-80.1%)
Morocco-$22.9k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Jute Yarn were:
Bangladesh $528M
India $16.4M
Turkey $12.6M
In 2022, Italy's main importing competitors in Jute Yarn were:
Turkey $200M
China $127M
India $62.4M

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Trade Value of Jute Yarn by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $9.9k
TOP IMPORT POTENTIALBangladesh+ $361k

Jute Yarn’s highest export potential is China. With an export gap of $9.9k.   Jute Yarn’s highest import potential is Bangladesh with an import gap of $361k.

See methodology.

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