2022
Exports
$1.61BWorld Rnk 1 / 144
Flag Rnk 96 / 1217
2022
PRODUCT COMPLEXITY IN Other Stainless Steel Bars
1.42Rnk 67 / 1025
2022
Imports
$500MWorld Rnk 3 / 219
Flag Rnk 236 / 1215
2022
ECONOMIC COMPLEXITY of Italy
1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $1.61B in Other Stainless Steel Bars, making it the 1st largest exporter of Other Stainless Steel Bars in the world. At the same year, Other Stainless Steel Bars was the 96th most exported product in Italy. The main destination of Other Stainless Steel Bars exports from Italy are: Germany ($434M), United States ($270M), France ($130M), Sweden ($71.9M), and United Kingdom ($64.6M).

The fastest growing export markets for Other Stainless Steel Bars of Italy between 2021 and 2022 were Germany ($99.8M), United States ($99.4M), and France ($37.4M).

Imports In 2022, Italy imported $500M in Other Stainless Steel Bars, becoming the 3rd largest importer of Other Stainless Steel Bars in the world. At the same year, Other Stainless Steel Bars was the 236th most imported product in Italy. Italy imports Other Stainless Steel Bars primarily from: India ($119M), Spain ($96.5M), Germany ($61.6M), France ($58.1M), and Switzerland ($43.8M).

The fastest growing import markets in Other Stainless Steel Bars for Italy between 2021 and 2022 were India ($30.8M), Spain ($26.6M), and Germany ($17.9M).

COMPANIES In 2023, leading companies such as Valbruna Stainless (1.15k) were at the forefront of shipping Other Stainless Steel Bars from Italy to the United States.

Latest Trends

July 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)€-150k(-0.14%)
IMPORT GROWTH (July 2023 - July 2024)€-7.89M(-13.8%)
MAIN DESTINATION (July 2024)Germany€23.9M

This section shows Other Stainless Steel Bars'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 Stainless Steel Bars over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.61B
IMPORTS (2022)$500M
NET TRADE (2022)$1.11B

In 2022, Italy exported $1.61B in Other Stainless Steel Bars. The main destinations of Italy exports on Other Stainless Steel Bars were Germany ($434M), United States ($270M), France ($130M), Sweden ($71.9M), and United Kingdom ($64.6M).

In 2022, Italy imported $500M in Other Stainless Steel Bars, mainly from India ($119M), Spain ($96.5M), Germany ($61.6M), France ($58.1M), and Switzerland ($43.8M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Stainless Steel Bars EXPORT MARKETS FOR Italy WERE (2021 - 2022):
Germany$99.8M (29.9%)
United States$99.4M (58.4%)
France$37.4M (40.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Stainless Steel Bars BY Italy WERE (2021 - 2022):
Spain-$5.89M (-9.35%)
China-$2.22M (-8.5%)
Austria-$1.79M (-6.69%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Other Stainless Steel Bars were:
India $1.23B
Germany $1.02B
In 2022, Italy's main importing competitors in Other Stainless Steel Bars were:

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Trade Value of Other Stainless Steel Bars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $18.9M
TOP IMPORT POTENTIALFrance+ $9.93M

Other Stainless Steel Bars’s highest export potential is France. With an export gap of $18.9M.   Other Stainless Steel Bars’s highest import potential is France with an import gap of $9.93M.

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