2022
Exports
$132MWorld Rnk 2 / 143
Flag Rnk 524 / 1217
2022
PRODUCT COMPLEXITY IN Other Fermented Beverages
0.091Rnk 525 / 1025
2022
Imports
$12.5MWorld Rnk 28 / 218
Flag Rnk 990 / 1215
2022
ECONOMIC COMPLEXITY of Italy
1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $132M in Other Fermented Beverages, making it the 2nd largest exporter of Other Fermented Beverages in the world. At the same year, Other Fermented Beverages was the 524th most exported product in Italy. The main destination of Other Fermented Beverages exports from Italy are: United States ($94.9M), Ukraine ($6.59M), France ($4.52M), Denmark ($2.92M), and Germany ($2.12M).

The fastest growing export markets for Other Fermented Beverages of Italy between 2021 and 2022 were Singapore ($351k), South Korea ($250k), and Vietnam ($231k).

Imports In 2022, Italy imported $12.5M in Other Fermented Beverages, becoming the 28th largest importer of Other Fermented Beverages in the world. At the same year, Other Fermented Beverages was the 990th most imported product in Italy. Italy imports Other Fermented Beverages primarily from: Germany ($4.03M), China ($2.1M), Japan ($1.67M), Austria ($909k), and Poland ($811k).

The fastest growing import markets in Other Fermented Beverages for Italy between 2021 and 2022 were China ($788k), Germany ($468k), and Japan ($368k).

COMPANIES In 2023, leading companies such as MISA Imports (17) and Palm Bay International (6) were at the forefront of shipping Other Fermented Beverages from Italy to the United States.

Latest Trends

August 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)€-631k(-7.21%)
IMPORT GROWTH (August 2023 - August 2024)€204k(12.4%)
MAIN DESTINATION (August 2024)United States€5.46M

This section shows Other Fermented Beverages'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 Fermented Beverages over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$132M
IMPORTS (2022)$12.5M
NET TRADE (2022)$119M

In 2022, Italy exported $132M in Other Fermented Beverages. The main destinations of Italy exports on Other Fermented Beverages were United States ($94.9M), Ukraine ($6.59M), France ($4.52M), Denmark ($2.92M), and Germany ($2.12M).

In 2022, Italy imported $12.5M in Other Fermented Beverages, mainly from Germany ($4.03M), China ($2.1M), Japan ($1.67M), Austria ($909k), and Poland ($811k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Fermented Beverages EXPORT MARKETS FOR Italy WERE (2021 - 2022):
Singapore$351k (660%)
South Korea$250k (99.4%)
Vietnam$231k (54.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Fermented Beverages BY Italy WERE (2021 - 2022):
United States-$93M (-49.5%)
Ukraine-$8.68M (-56.9%)
Germany-$1.13M (-34.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Other Fermented Beverages were:
In 2022, Italy's main importing competitors in Other Fermented Beverages were:

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Trade Value of Other Fermented Beverages by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $1.88M
TOP IMPORT POTENTIALJapan+ $650k

Other Fermented Beverages’s highest export potential is France. With an export gap of $1.88M.   Other Fermented Beverages’s highest import potential is Japan with an import gap of $650k.

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