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2022
Exports $8.77BWorld Rnk 16 / 214
Flag Rnk 19 / 96
2022
Destination $164M Germany
2021 - 2022
FASTEST GROWING MARKET $164MFrance
2022
PRODUCT COMPLEXITY IN Organic chemicals1.95Rnk 8 / 1025
2022
Imports $20.4BWorld Rnk 6 / 225
Flag Rnk 8 / 96
2022
Origin $856M Switzerland
2021 - 2022
FASTEST GROWING ORIGIN $856MChina
2022
ECONOMIC COMPLEXITY of Italy1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $8.77B in Organic chemicals, making it the 16th largest exporter of Organic chemicals in the world. At the same year, Organic chemicals was the 19th most exported product in Italy. The main destination of Organic chemicals exports from Italy are: Germany ($1.24B), United States ($869M), France ($802M), Switzerland ($582M), and Spain ($424M).

The fastest growing export markets for Organic chemicals of Italy between 2021 and 2022 were France ($164M), United States ($50.7M), and Japan ($33.9M).

Imports In 2022, Italy imported $20.4B in Organic chemicals, becoming the 6th largest importer of Organic chemicals in the world. At the same year, Organic chemicals was the 8th most imported product in Italy. Italy imports Organic chemicals primarily from: Switzerland ($3.48B), China ($2.88B), Belgium ($2.25B), Germany ($2.24B), and United States ($1.7B).

The fastest growing import markets in Organic chemicals for Italy between 2021 and 2022 were China ($856M), Switzerland ($672M), and United States ($338M).

COMPANIES In 2023, leading companies such as Gallo Family Vineyards (195), Red Bull (27), and IKEA Group (23) were at the forefront of shipping Organic chemicals from Italy to the United States.

Latest Trends

July 2024

About

Overview In July 2024 Italy's Organic chemicals exports accounted up to €638M and imports accounted up to €2.39B, resulting in a negative trade balance of €1.76B. Between July 2023 and July 2024 the exports of Italy's   Organic chemicals have increased by €94.1M (17.3%) from €544M to €638M, while imports increased by €833M (53.4%) from €1.56B to €2.39B.

Destinations In July 2024, Organic chemicals were exported mostly to Germany (€141M), Switzerland (€89.8M), United States (€55.7M), Netherlands (€54.5M), and France (€47M), and were imported mostly from China (€808M), Ireland (€342M), United States (€322M), Germany (€177M), and Belgium (€160M).

Growth In July 2024, the increase in Organic chemicals's year-by-year exports was explained primarily by an increase in exports to Canada (€12.2M or 1.08k%), Netherlands (€10.6M or 52.2%), and Germany (€10M or 12%). In July 2024, the increase in Organic chemicals's year-by-year imports was explained primarily by an increase in imports from Ireland (€220M or 432%), China (€158M or 59.7%), and United States (€83.8M or 68.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)€94.1M(17.3%)
IMPORT GROWTH (July 2023 - July 2024)€833M(53.4%)
MAIN DESTINATION (July 2024)Germany€141M

This section shows Organic chemicals'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 Organic chemicals over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$8.77B
IMPORTS (2022)$20.4B
NET TRADE (2022)-$11.6B

In 2022, Italy exported $8.77B in Organic chemicals. The main destinations of Italy exports on Organic chemicals were Germany ($1.24B), United States ($869M), France ($802M), Switzerland ($582M), and Spain ($424M).

In 2022, Italy imported $20.4B in Organic chemicals, mainly from Switzerland ($3.48B), China ($2.88B), Belgium ($2.25B), Germany ($2.24B), and United States ($1.7B).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Organic chemicals EXPORT MARKETS FOR Italy WERE (2021 - 2022):
France$164M (25.7%)
United States$50.7M (6.19%)
Japan$33.9M (9.42%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Organic chemicals BY Italy WERE (2021 - 2022):
Germany-$143M (-10.4%)
China-$136M (-46.8%)
Indonesia-$127M (-80.9%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Organic chemicals were:
China $110B
United States $51.7B
Ireland $45.7B
In 2022, Italy's main importing competitors in Organic chemicals were:
United States $68.6B
China $51.6B
Germany $47.2B

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Trade Value of Organic chemicals by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $349M
TOP IMPORT POTENTIALChina+ $564M

Organic chemicals’s highest export potential is United States. With an export gap of $349M.   Organic chemicals’s highest import potential is China with an import gap of $564M.

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