2022
Exports
$1.61BWorld Rnk 12 / 162
Flag Rnk 98 / 1217
2022
PRODUCT COMPLEXITY IN Nitrogen Heterocyclic Compounds
1.22Rnk 103 / 1025
2022
Imports
$4.83BWorld Rnk 6 / 211
Flag Rnk 14 / 1215
2022
ECONOMIC COMPLEXITY of Italy
1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $1.61B in Nitrogen Heterocyclic Compounds, making it the 12th largest exporter of Nitrogen Heterocyclic Compounds in the world. At the same year, Nitrogen Heterocyclic Compounds was the 98th most exported product in Italy. The main destination of Nitrogen Heterocyclic Compounds exports from Italy are: United States ($188M), Germany ($172M), Switzerland ($165M), United Kingdom ($151M), and Japan ($142M).

The fastest growing export markets for Nitrogen Heterocyclic Compounds of Italy between 2021 and 2022 were Netherlands ($64.4M), United States ($39.8M), and Japan ($36.2M).

Imports In 2022, Italy imported $4.83B in Nitrogen Heterocyclic Compounds, becoming the 6th largest importer of Nitrogen Heterocyclic Compounds in the world. At the same year, Nitrogen Heterocyclic Compounds was the 14th most imported product in Italy. Italy imports Nitrogen Heterocyclic Compounds primarily from: Switzerland ($2.37B), China ($950M), Belgium ($527M), Ireland ($205M), and Germany ($172M).

The fastest growing import markets in Nitrogen Heterocyclic Compounds for Italy between 2021 and 2022 were Switzerland ($765M), China ($364M), and France ($26.1M).

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

August 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)€29.3M(80.5%)
IMPORT GROWTH (August 2023 - August 2024)€118M(26.7%)
MAIN DESTINATION (August 2024)Switzerland€34.2M

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 (2022)$1.61B
IMPORTS (2022)$4.83B
NET TRADE (2022)-$3.23B

In 2022, Italy exported $1.61B in Nitrogen Heterocyclic Compounds. The main destinations of Italy exports on Nitrogen Heterocyclic Compounds were United States ($188M), Germany ($172M), Switzerland ($165M), United Kingdom ($151M), and Japan ($142M).

In 2022, Italy imported $4.83B in Nitrogen Heterocyclic Compounds, mainly from Switzerland ($2.37B), China ($950M), Belgium ($527M), Ireland ($205M), and Germany ($172M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Nitrogen Heterocyclic Compounds EXPORT MARKETS FOR Italy WERE (2021 - 2022):
Netherlands$64.4M (186%)
United States$39.8M (26.9%)
Japan$36.2M (34.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nitrogen Heterocyclic Compounds BY Italy WERE (2021 - 2022):
Germany-$117M (-40.5%)
Ireland-$56M (-33.3%)
Israel-$14.9M (-56.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Nitrogen Heterocyclic Compounds were:
In 2022, Italy's main importing competitors in Nitrogen Heterocyclic Compounds were:

Explore Visualizations

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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