2022
Exports
$418MWorld Rnk 11 / 157
Flag Rnk 272 / 1217
2022
PRODUCT COMPLEXITY IN Nucleic Acids
1.37Rnk 78 / 1025
2022
Imports
$1.19BWorld Rnk 4 / 191
Flag Rnk 112 / 1215
2022
ECONOMIC COMPLEXITY of Italy
1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $418M in Nucleic Acids, making it the 11th largest exporter of Nucleic Acids in the world. At the same year, Nucleic Acids was the 272nd most exported product in Italy. The main destination of Nucleic Acids exports from Italy are: Germany ($67.4M), Switzerland ($62.5M), United States ($58M), France ($37.7M), and Japan ($27.7M).

The fastest growing export markets for Nucleic Acids of Italy between 2021 and 2022 were United States ($13.4M), Switzerland ($6.01M), and Turkey ($4.47M).

Imports In 2022, Italy imported $1.19B in Nucleic Acids, becoming the 4th largest importer of Nucleic Acids in the world. At the same year, Nucleic Acids was the 112th most imported product in Italy. Italy imports Nucleic Acids primarily from: Belgium ($512M), China ($215M), Ireland ($188M), Switzerland ($72.9M), and Germany ($71.7M).

The fastest growing import markets in Nucleic Acids for Italy between 2021 and 2022 were Belgium ($178M), Ireland ($41.4M), and China ($37M).

Latest Trends

August 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)€-9.03M(-35.7%)
IMPORT GROWTH (August 2023 - August 2024)€-4.32M(-7.41%)
MAIN DESTINATION (August 2024)Portugal€6.76M

This section shows Nucleic Acids'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 Nucleic Acids over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$418M
IMPORTS (2022)$1.19B
NET TRADE (2022)-$773M

In 2022, Italy exported $418M in Nucleic Acids. The main destinations of Italy exports on Nucleic Acids were Germany ($67.4M), Switzerland ($62.5M), United States ($58M), France ($37.7M), and Japan ($27.7M).

In 2022, Italy imported $1.19B in Nucleic Acids, mainly from Belgium ($512M), China ($215M), Ireland ($188M), Switzerland ($72.9M), and Germany ($71.7M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Nucleic Acids EXPORT MARKETS FOR Italy WERE (2021 - 2022):
United States$13.4M (30%)
Switzerland$6.01M (10.6%)
Turkey$4.47M (79.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nucleic Acids BY Italy WERE (2021 - 2022):
Germany-$27.7M (-29.1%)
Ireland-$12.5M (-68.1%)
Brazil-$12.2M (-75.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Nucleic Acids were:
In 2022, Italy's main importing competitors in Nucleic Acids were:

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Trade Value of Nucleic Acids by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $35M
TOP IMPORT POTENTIALSwitzerland+ $49.4M

Nucleic Acids’s highest export potential is United States. With an export gap of $35M.   Nucleic Acids’s highest import potential is Switzerland with an import gap of $49.4M.

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