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2022
Exports $166MWorld Rnk 3 / 170
Flag Rnk 467 / 1217
2022
Destination $6.01M Saudi Arabia
2021 - 2022
FASTEST GROWING MARKET $6.01MEthiopia
2022
PRODUCT COMPLEXITY IN Organic Composite Solvents-0.03Rnk 556 / 1025
2022
Imports $61.3MWorld Rnk 9 / 220
Flag Rnk 708 / 1215
2022
Origin $1.1M Germany
2021 - 2022
FASTEST GROWING ORIGIN $1.1MFrance
2022
ECONOMIC COMPLEXITY of Italy1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $166M in Organic Composite Solvents, making it the 3rd largest exporter of Organic Composite Solvents in the world. At the same year, Organic Composite Solvents was the 467th most exported product in Italy. The main destination of Organic Composite Solvents exports from Italy are: Saudi Arabia ($16.4M), Algeria ($11.1M), Romania ($8.29M), Nigeria ($8.09M), and Kuwait ($7.7M).

The fastest growing export markets for Organic Composite Solvents of Italy between 2021 and 2022 were Ethiopia ($6.01M), Saudi Arabia ($4.12M), and Algeria ($3.22M).

Imports In 2022, Italy imported $61.3M in Organic Composite Solvents, becoming the 9th largest importer of Organic Composite Solvents in the world. At the same year, Organic Composite Solvents was the 708th most imported product in Italy. Italy imports Organic Composite Solvents primarily from: Germany ($20.8M), Belgium ($9.51M), Netherlands ($7.08M), United Kingdom ($7.06M), and France ($5.47M).

The fastest growing import markets in Organic Composite Solvents for Italy between 2021 and 2022 were France ($1.1M), Belgium ($643k), and China ($610k).

COMPANIES In 2023, leading companies such as ZF Friedrichshafen (3) were at the forefront of shipping Organic Composite Solvents from Italy to the United States.

Latest Trends

March 2024

About

Overview In March 2024 Italy's Organic Composite Solvents exports accounted up to €8.24M and imports accounted up to €5.12M, resulting in a positive trade balance of €3.12M. Between March 2023 and March 2024 the exports of Italy's   Organic Composite Solvents have decreased by €-1.36M (-14.1%) from €9.6M to €8.24M, while imports decreased by €-1.25M (-19.6%) from €6.38M to €5.12M.

Destinations In March 2024, Organic Composite Solvents were exported mostly to Algeria (€1.75M), Saudi Arabia (€1.32M), Romania (€612k), Kuwait (€450k), and France (€441k), and were imported mostly from Germany (€1.58M), Belgium (€1.23M), Netherlands (€652k), United Kingdom (€596k), and France (€304k).

Growth In March 2024, the decrease in Organic Composite Solvents's year-by-year exports was explained primarily by a decrease in exports to Algeria (€-450k or -60%), Turkey (€-189k or -71.9%), and Slovenia (€-146k or -52.1%). In March 2024, the decrease in Organic Composite Solvents's year-by-year imports was explained primarily by a decrease in imports from Germany (€-136k or -7.73%), China (€-103k or -51%), and Netherlands (€-52.7k or -10.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2023 - March 2024)€-1.36M(-14.1%)
IMPORT GROWTH (March 2023 - March 2024)€-1.25M(-19.6%)
MAIN DESTINATION (March 2024)Algeria€1.75M

This section shows Organic Composite Solvents'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 Composite Solvents over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$166M
IMPORTS (2022)$61.3M
NET TRADE (2022)$104M

In 2022, Italy exported $166M in Organic Composite Solvents. The main destinations of Italy exports on Organic Composite Solvents were Saudi Arabia ($16.4M), Algeria ($11.1M), Romania ($8.29M), Nigeria ($8.09M), and Kuwait ($7.7M).

In 2022, Italy imported $61.3M in Organic Composite Solvents, mainly from Germany ($20.8M), Belgium ($9.51M), Netherlands ($7.08M), United Kingdom ($7.06M), and France ($5.47M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Organic Composite Solvents EXPORT MARKETS FOR Italy WERE (2021 - 2022):
Ethiopia$6.01M (417%)
Saudi Arabia$4.12M (33.6%)
Algeria$3.22M (41%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Organic Composite Solvents BY Italy WERE (2021 - 2022):
Russia-$2.64M (-74.7%)
Bulgaria-$1.21M (-47.6%)
United States-$1.08M (-55.4%)
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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 Composite Solvents were:
Germany $300M
United States $278M
In 2022, Italy's main importing competitors in Organic Composite Solvents were:
China $101M
United States $95M
Vietnam $89.2M

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Trade Value of Organic Composite Solvents by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $3.55M
TOP IMPORT POTENTIALFrance+ $1.97M

Organic Composite Solvents’s highest export potential is France. With an export gap of $3.55M.   Organic Composite Solvents’s highest import potential is France with an import gap of $1.97M.

See methodology.

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