2023
Exports
$2.12BWorld Rnk 13 / 153
Flag Rnk 73 / 1216
2023
PRODUCT COMPLEXITY IN Nitrogen Heterocyclic Compounds
1.11Rnk 141 / 1025
2023
Imports
$3.63BWorld Rnk 8 / 208
Flag Rnk 21 / 1213
2023
ECONOMIC COMPLEXITY of Italy
1.29Rnk 18 / 132

About

Exports In 2023, Italy exported $2.12B in Nitrogen Heterocyclic Compounds, making it the 13th largest exporter of Nitrogen Heterocyclic Compounds in the world. At the same year, Nitrogen Heterocyclic Compounds was the 73rd most exported product in Italy. The main destination of Nitrogen Heterocyclic Compounds exports from Italy are: Japan ($335M), Switzerland ($321M), Germany ($239M), United States ($183M), and Singapore ($146M).

The fastest growing export markets for Nitrogen Heterocyclic Compounds of Italy between 2022 and 2023 were Switzerland ($160M), Germany ($78.3M), and Netherlands ($39.9M).

Imports In 2023, Italy imported $3.63B in Nitrogen Heterocyclic Compounds, becoming the 8th largest importer of Nitrogen Heterocyclic Compounds in the world. At the same year, Nitrogen Heterocyclic Compounds was the 21st most imported product in Italy. Italy imports Nitrogen Heterocyclic Compounds primarily from: Switzerland ($2.16B), Belgium ($442M), China ($259M), Germany ($163M), and Ireland ($107M).

The fastest growing import markets in Nitrogen Heterocyclic Compounds for Italy between 2022 and 2023 were Switzerland ($1.24B), United Kingdom ($24.6M), and United States ($9.7M).

COMPANIES In 2023, leading companies such as IKEA Group (6) were at the forefront of shipping Nitrogen Heterocyclic Compounds from Italy to the United States.

Latest Trends

October 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)€20.2M(16.7%)
IMPORT GROWTH (October 2023 - October 2024)€68.8M(12.2%)
MAIN DESTINATION (October 2024)Switzerland€40.8M

This section shows Nitrogen Heterocyclic Compounds'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 Nitrogen Heterocyclic Compounds over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$2.12B
IMPORTS (2023)$3.63B
NET TRADE (2023)-$1.51B

In 2023, Italy exported $2.12B in Nitrogen Heterocyclic Compounds. The main destinations of Italy exports on Nitrogen Heterocyclic Compounds were Japan ($335M), Switzerland ($321M), Germany ($239M), United States ($183M), and Singapore ($146M).

In 2023, Italy imported $3.63B in Nitrogen Heterocyclic Compounds, mainly from Switzerland ($2.16B), Belgium ($442M), China ($259M), Germany ($163M), and Ireland ($107M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Nitrogen Heterocyclic Compounds EXPORT MARKETS FOR Italy WERE (2022 - 2023):
Switzerland$160M (99.3%)
Germany$78.3M (48.7%)
Netherlands$39.9M (42.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nitrogen Heterocyclic Compounds BY Italy WERE (2022 - 2023):
United Kingdom-$310M (-76.9%)
Ireland-$27.2M (-19.1%)
Singapore-$19M (-11.5%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Italy's main exporting competitors in Nitrogen Heterocyclic Compounds were:
In 2023, Italy's main importing competitors in Nitrogen Heterocyclic Compounds were:

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Trade Value of Nitrogen Heterocyclic Compounds by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $87.8M
TOP IMPORT POTENTIALSwitzerland+ $152M

Nitrogen Heterocyclic Compounds’s highest export potential is Germany. With an export gap of $87.8M.   Nitrogen Heterocyclic Compounds’s highest import potential is Switzerland with an import gap of $152M.

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