2023
Exports
$25.7MWorld Rnk 8 / 79
Flag Rnk 824 / 1216
2023
PRODUCT COMPLEXITY IN Other Animal Fats
0.53Rnk 360 / 1025
2023
Imports
$23.7MWorld Rnk 7 / 152
Flag Rnk 880 / 1213
2023
ECONOMIC COMPLEXITY of Italy
1.29Rnk 18 / 132

About

Exports In 2023, Italy exported $25.7M in Other Animal Fats, making it the 8th largest exporter of Other Animal Fats in the world. At the same year, Other Animal Fats was the 824th most exported product in Italy. The main destination of Other Animal Fats exports from Italy are: Netherlands ($22.5M), Spain ($1.35M), Belgium ($804k), Austria ($643k), and Serbia ($287k).

The fastest growing export markets for Other Animal Fats of Italy between 2022 and 2023 were Netherlands ($6.15M), Belgium ($683k), and Serbia ($287k).

Imports In 2023, Italy imported $23.7M in Other Animal Fats, becoming the 7th largest importer of Other Animal Fats in the world. At the same year, Other Animal Fats was the 880th most imported product in Italy. Italy imports Other Animal Fats primarily from: Austria ($12.8M), Germany ($4.58M), Spain ($3.33M), France ($1.23M), and Hungary ($574k).

The fastest growing import markets in Other Animal Fats for Italy between 2022 and 2023 were Hungary ($133k), Bulgaria ($88.9k), and Austria ($81.8k).

Latest Trends

October 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)€-307k(-13.8%)
IMPORT GROWTH (October 2023 - October 2024)€163k(11.3%)
MAIN DESTINATION (October 2024)Netherlands€805k

This section shows Other Animal Fats'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 Other Animal Fats over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$25.7M
IMPORTS (2023)$23.7M
NET TRADE (2023)$2.05M

In 2023, Italy exported $25.7M in Other Animal Fats. The main destinations of Italy exports on Other Animal Fats were Netherlands ($22.5M), Spain ($1.35M), Belgium ($804k), Austria ($643k), and Serbia ($287k).

In 2023, Italy imported $23.7M in Other Animal Fats, mainly from Austria ($12.8M), Germany ($4.58M), Spain ($3.33M), France ($1.23M), and Hungary ($574k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Other Animal Fats EXPORT MARKETS FOR Italy WERE (2022 - 2023):
Netherlands$6.15M (37.7%)
Belgium$683k (569%)
Serbia$287k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Animal Fats BY Italy WERE (2022 - 2023):
Spain-$3.86M (-74.1%)
Palestine-$107k (-100%)
Germany-$19.8k (-55.2%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Italy's main exporting competitors in Other Animal Fats were:
In 2023, Italy's main importing competitors in Other Animal Fats were:

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Trade Value of Other Animal Fats by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALBelgium+ $303k
TOP IMPORT POTENTIALFrance+ $1.48M

Other Animal Fats’s highest export potential is Belgium. With an export gap of $303k.   Other Animal Fats’s highest import potential is France with an import gap of $1.48M.

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