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2022
Exports $170MWorld Rnk 13 / 155
Flag Rnk 462 / 1217
2022
Destination $8.86M Spain
2021 - 2022
FASTEST GROWING MARKET $8.86MPoland
2022
PRODUCT COMPLEXITY IN Margarine-0.83Rnk 786 / 1025
2022
Imports $166MWorld Rnk 11 / 219
Flag Rnk 468 / 1215
2022
Origin $15.4M Indonesia
2021 - 2022
FASTEST GROWING ORIGIN $15.4MIndonesia
2022
ECONOMIC COMPLEXITY of Italy1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $170M in Margarine, making it the 13th largest exporter of Margarine in the world. At the same year, Margarine was the 462nd most exported product in Italy. The main destination of Margarine exports from Italy are: Spain ($25.1M), Poland ($15.7M), France ($11.1M), Germany ($8.47M), and Hungary ($8.44M).

The fastest growing export markets for Margarine of Italy between 2021 and 2022 were Poland ($8.86M), Germany ($5.08M), and Hungary ($3.58M).

Imports In 2022, Italy imported $166M in Margarine, becoming the 11th largest importer of Margarine in the world. At the same year, Margarine was the 468th most imported product in Italy. Italy imports Margarine primarily from: Indonesia ($59.4M), Belgium ($23.3M), Germany ($22.7M), Austria ($12M), and France ($11.6M).

The fastest growing import markets in Margarine for Italy between 2021 and 2022 were Indonesia ($15.4M), Spain ($7.75M), and Germany ($6.28M).

Latest Trends

September 2024

About

Overview In September 2024 Italy's Margarine exports accounted up to €14.5M and imports accounted up to €8.84M, resulting in a positive trade balance of €5.7M. Between September 2023 and September 2024 the exports of Italy's   Margarine have decreased by €-137k (-0.94%) from €14.7M to €14.5M, while imports decreased by €-1.85M (-17.3%) from €10.7M to €8.84M.

Destinations In September 2024, Margarine were exported mostly to Spain (€2.5M), Poland (€1.35M), Belgium (€1.28M), United States (€1.11M), and Germany (€927k), and were imported mostly from Belgium (€3.1M), France (€1.95M), Spain (€1.16M), Austria (€957k), and Germany (€745k).

Growth In September 2024, the decrease in Margarine's year-by-year exports was explained primarily by a decrease in exports to Spain (€-630k or -25.8%), France (€-157k or -19.5%), and United Kingdom (€-155k or -30.3%). In September 2024, the decrease in Margarine's year-by-year imports was explained primarily by a decrease in imports from Netherlands (€-207k or -59.9%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)€-137k(-0.94%)
IMPORT GROWTH (September 2023 - September 2024)€-1.85M(-17.3%)
MAIN DESTINATION (September 2024)Spain€2.5M

This section shows Margarine'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 Margarine over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$170M
IMPORTS (2022)$166M
NET TRADE (2022)$3.7M

In 2022, Italy exported $170M in Margarine. The main destinations of Italy exports on Margarine were Spain ($25.1M), Poland ($15.7M), France ($11.1M), Germany ($8.47M), and Hungary ($8.44M).

In 2022, Italy imported $166M in Margarine, mainly from Indonesia ($59.4M), Belgium ($23.3M), Germany ($22.7M), Austria ($12M), and France ($11.6M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Margarine EXPORT MARKETS FOR Italy WERE (2021 - 2022):
Poland$8.86M (130%)
Germany$5.08M (150%)
Hungary$3.58M (73.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Margarine BY Italy WERE (2021 - 2022):
Belgium-$4.06M (-62.3%)
France-$1.65M (-13%)
Russia-$954k (-11.9%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Margarine were:
Indonesia $1.98B
Belgium $849M
Netherlands $805M
In 2022, Italy's main importing competitors in Margarine were:
China $1.33B
France $570M
Germany $519M

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Trade Value of Margarine by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $8.07M
TOP IMPORT POTENTIALNetherlands+ $3.4M

Margarine’s highest export potential is France. With an export gap of $8.07M.   Margarine’s highest import potential is Netherlands with an import gap of $3.4M.

See methodology.

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