Natural magnesium carbonate (magnesite) in Italy | The Observatory of Economic Complexity

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Exports In 2022, Italy exported $707k in Natural magnesium carbonate (magnesite), making it the 19th largest exporter of Natural magnesium carbonate (magnesite) in the world. At the same year, Natural magnesium carbonate (magnesite) was the 4127th most exported product in Italy. The main destination of Natural magnesium carbonate (magnesite) exports from Italy are: Germany ($79.5k), Algeria ($78.7k), Spain ($67.9k), Luxembourg ($62.5k), and Morocco ($53.7k).

The fastest growing export markets for Natural magnesium carbonate (magnesite) of Italy between 2021 and 2022 were Germany ($49.7k), Algeria ($40.9k), and Croatia ($28.4k).

The fastest growing import markets in Natural magnesium carbonate (magnesite) for Italy between 2021 and 2022 were Mexico ($42.5k), China ($39.2k), and Spain ($11.9k).

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 magnesium carbonate (magnesite) from Italy to the United States.

Latest Trends

March 2024

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Overview In March 2024 Italy's Natural magnesium carbonate (magnesite) exports accounted up to €94.7k and imports accounted up to €316k, resulting in a negative trade balance of €221k. Between March 2023 and March 2024 the exports of Italy's Natural magnesium carbonate (magnesite) have decreased by €-17.2k (-15.4%) from €112k to €94.7k, while imports increased by €240k (318%) from €75.5k to €316k.

Destinations In March 2024, Natural magnesium carbonate (magnesite) were exported mostly to N/A, and were imported mostly from Turkey (€173k), Spain (€76.9k), Mexico (€58.6k), France (€6.46k), and Germany (€408).

Growth In March 2024, the decrease in Natural magnesium carbonate (magnesite)'s year-by-year exports was explained primarily by a decrease in exports to Austria (€-2.84k or -91.2%). In March 2024, the increase in Natural magnesium carbonate (magnesite)'s year-by-year imports was explained primarily by an increase in imports from Spain (€170k or 495%) and Romania (€308 or 299%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (March 2023 - March 2024)€-17.2k(-15.4%)

IMPORT GROWTH (March 2023 - March 2024)€240k(318%)

This section shows Natural magnesium carbonate (magnesite)'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 magnesium carbonate (magnesite) over time.

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