Natural gas in gaseous state in Italy | The Observatory of Economic Complexity

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The fastest growing export markets for Natural gas in gaseous state of Italy between 2021 and 2022 were Austria ($341M), Slovenia ($169M), and Germany ($137M).

Imports In 2022, Italy imported $53.9B in Natural gas in gaseous state, becoming the 2nd largest importer of Natural gas in gaseous state in the world. At the same year, Natural gas in gaseous state was the 1st most imported product in Italy. Italy imports Natural gas in gaseous state primarily from: Algeria ($13.3B), Russia ($11.8B), Azerbaijan ($11.4B), France ($7.67B), and Norway ($5.62B).

COMPANIES In 2023, leading companies such as CNH Industrial (4.79k), IKEA Group (2.86k), and Valbruna Stainless (2.05k) were at the forefront of shipping Natural gas in gaseous state from Italy to the United States.

Latest Trends

September 2024

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Overview In September 2024 Italy's Natural gas in gaseous state exports accounted up to €5.09M and imports accounted up to €1.36B, resulting in a negative trade balance of €1.36B. Between September 2023 and September 2024 the exports of Italy's Natural gas in gaseous state have decreased by €-73.8M (-93.5%) from €78.9M to €5.09M, while imports decreased by €-107M (-7.32%) from €1.47B to €1.36B.

Destinations In September 2024, Natural gas in gaseous state were exported mostly to Switzerland (€3.64M), San Marino (€1.21M), Slovenia (€224k), and Croatia (€19.3k), and were imported mostly from Algeria (€472M), Azerbaijan (€318M), Russia (€316M), Norway (€188M), and Netherlands (€41.9M).

Growth In September 2024, the decrease in Natural gas in gaseous state's year-by-year exports was explained primarily by a decrease in exports to San Marino (€-900k or -33.1%). In September 2024, the decrease in Natural gas in gaseous state's year-by-year imports was explained primarily by a decrease in imports from Russia (€-1.37B or -72%) and Libya (€-50.3M or -25.3%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (September 2023 - September 2024)€-73.8M(-93.5%)

IMPORT GROWTH (September 2023 - September 2024)€-107M(-7.32%)

MAIN DESTINATION (September 2024)Switzerland€3.64M

This section shows Natural gas in gaseous state'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 Natural gas in gaseous state over time.

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