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2022
Exports $249MWorld Rnk 2 / 98
Flag Rnk 377 / 1217
2022
Destination $6.68M Romania
2021 - 2022
FASTEST GROWING MARKET $6.68MTurkey
2022
PRODUCT COMPLEXITY IN Non-Retail Combed Wool Yarn0.26Rnk 467 / 1025
2022
Imports $324MWorld Rnk 1 / 148
Flag Rnk 329 / 1215
2022
Origin $23.9M Romania
2021 - 2022
FASTEST GROWING ORIGIN $23.9MChina
2022
ECONOMIC COMPLEXITY of Italy1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $249M in Non-Retail Combed Wool Yarn, making it the 2nd largest exporter of Non-Retail Combed Wool Yarn in the world. At the same year, Non-Retail Combed Wool Yarn was the 377th most exported product in Italy. The main destination of Non-Retail Combed Wool Yarn exports from Italy are: Romania ($24.4M), Turkey ($22.5M), Portugal ($21.8M), Hong Kong ($20.2M), and Germany ($18.2M).

The fastest growing export markets for Non-Retail Combed Wool Yarn of Italy between 2021 and 2022 were Turkey ($6.68M), Romania ($4M), and Tunisia ($3.12M).

Imports In 2022, Italy imported $324M in Non-Retail Combed Wool Yarn, becoming the 1st largest importer of Non-Retail Combed Wool Yarn in the world. At the same year, Non-Retail Combed Wool Yarn was the 329th most imported product in Italy. Italy imports Non-Retail Combed Wool Yarn primarily from: Romania ($61.1M), Czechia ($48.8M), Bulgaria ($46.5M), Poland ($46.2M), and China ($36.5M).

The fastest growing import markets in Non-Retail Combed Wool Yarn for Italy between 2021 and 2022 were China ($23.9M), Romania ($19M), and Czechia ($16.8M).

Latest Trends

March 2024

About

Overview In March 2024 Italy's Non-Retail Combed Wool Yarn exports accounted up to €19.9M and imports accounted up to €22.1M, resulting in a negative trade balance of €2.2M. Between March 2023 and March 2024 the exports of Italy's   Non-Retail Combed Wool Yarn have decreased by €-7M (-26%) from €26.9M to €19.9M, while imports decreased by €-13.5M (-37.9%) from €35.6M to €22.1M.

Destinations In March 2024, Non-Retail Combed Wool Yarn were exported mostly to Turkey (€4.09M), Romania (€2.56M), Hong Kong (€2.07M), Portugal (€1.98M), and Germany (€1.87M), and were imported mostly from Romania (€4.72M), Bulgaria (€3.95M), Poland (€3.36M), China (€2.47M), and Indonesia (€2.36M).

Growth In March 2024, the decrease in Non-Retail Combed Wool Yarn's year-by-year exports was explained primarily by a decrease in exports to Hong Kong (€-666k or -74.9%), Tunisia (€-220k or -42%), and United Kingdom (€-125k or -9.87%). In March 2024, the decrease in Non-Retail Combed Wool Yarn's year-by-year imports was explained primarily by a decrease in imports from Germany (€-718k or -66.2%), Belgium (€-374 or -18.5%), and United Kingdom (€-15 or -0.071%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2023 - March 2024)€-7M(-26%)
IMPORT GROWTH (March 2023 - March 2024)€-13.5M(-37.9%)
MAIN DESTINATION (March 2024)Turkey€4.09M

This section shows Non-Retail Combed Wool Yarn'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 Non-Retail Combed Wool Yarn over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$249M
IMPORTS (2022)$324M
NET TRADE (2022)-$75.4M

In 2022, Italy exported $249M in Non-Retail Combed Wool Yarn. The main destinations of Italy exports on Non-Retail Combed Wool Yarn were Romania ($24.4M), Turkey ($22.5M), Portugal ($21.8M), Hong Kong ($20.2M), and Germany ($18.2M).

In 2022, Italy imported $324M in Non-Retail Combed Wool Yarn, mainly from Romania ($61.1M), Czechia ($48.8M), Bulgaria ($46.5M), Poland ($46.2M), and China ($36.5M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Non-Retail Combed Wool Yarn EXPORT MARKETS FOR Italy WERE (2021 - 2022):
Turkey$6.68M (42.2%)
Romania$4M (19.6%)
Tunisia$3.12M (67.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Non-Retail Combed Wool Yarn BY Italy WERE (2021 - 2022):
Hong Kong-$5.65M (-21.8%)
Spain-$2.36M (-30.9%)
Denmark-$1.86M (-31.6%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Non-Retail Combed Wool Yarn were:
China $265M
Germany $122M
In 2022, Italy's main importing competitors in Non-Retail Combed Wool Yarn were:
Germany $147M
United Kingdom $73.3M

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Trade Value of Non-Retail Combed Wool Yarn by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.05M
TOP IMPORT POTENTIALGermany+ $2.84M

Non-Retail Combed Wool Yarn’s highest export potential is United States. With an export gap of $2.05M.   Non-Retail Combed Wool Yarn’s highest import potential is Germany with an import gap of $2.84M.

See methodology.

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