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2022
Exports $20.2MWorld Rnk 3 / 90
Flag Rnk 870 / 1217
2022
Destination $660k Chile
2021 - 2022
FASTEST GROWING MARKET $660kChile
2022
Imports $8.62MWorld Rnk 2 / 167
Flag Rnk 1052 / 1215
2022
Origin $2.89M Greece
2021 - 2022
FASTEST GROWING ORIGIN $2.89MGreece
2022
ECONOMIC COMPLEXITY of Italy1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $20.2M in Other Vegetable Fibers Yarn, making it the 3rd largest exporter of Other Vegetable Fibers Yarn in the world. At the same year, Other Vegetable Fibers Yarn was the 870th most exported product in Italy. The main destination of Other Vegetable Fibers Yarn exports from Italy are: Chile ($2.27M), Turkey ($1.77M), Slovenia ($1.75M), Spain ($1.63M), and Portugal ($1.55M).

The fastest growing export markets for Other Vegetable Fibers Yarn of Italy between 2021 and 2022 were Chile ($660k), Spain ($428k), and Colombia ($409k).

Imports In 2022, Italy imported $8.62M in Other Vegetable Fibers Yarn, becoming the 2nd largest importer of Other Vegetable Fibers Yarn in the world. At the same year, Other Vegetable Fibers Yarn was the 1052nd most imported product in Italy. Italy imports Other Vegetable Fibers Yarn primarily from: Greece ($2.89M), China ($2.71M), India ($1.1M), Tunisia ($467k), and Spain ($322k).

The fastest growing import markets in Other Vegetable Fibers Yarn for Italy between 2021 and 2022 were Greece ($2.89M), Tunisia ($295k), and China ($125k).

Latest Trends

March 2024

About

Overview In March 2024 Italy's Other Vegetable Fibers Yarn exports accounted up to €471k and imports accounted up to €114k, resulting in a positive trade balance of €357k. Between March 2023 and March 2024 the exports of Italy's   Other Vegetable Fibers Yarn have increased by €30.5k (6.93%) from €441k to €471k, while imports decreased by €-168k (-59.6%) from €282k to €114k.

Destinations In March 2024, Other Vegetable Fibers Yarn were exported mostly to France (€117k), Spain (€116k), Slovenia (€112k), Portugal (€42.2k), and Serbia (€36.4k), and were imported mostly from China (€88.3k), Turkey (€22.8k), Spain (€2.18k), and Germany (€561).

Growth In March 2024, the increase in Other Vegetable Fibers Yarn's year-by-year exports was explained primarily by an increase in exports to Portugal (€94.6k or 104%), France (€39.3k or 349%), and Slovenia (€37.5k or 30.8%). In March 2024, the decrease in Other Vegetable Fibers Yarn's year-by-year imports was explained primarily by a decrease in imports from China (€-308k or -89.1%) and Germany (€-12.1k or -99.3%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2023 - March 2024)€30.5k(6.93%)
IMPORT GROWTH (March 2023 - March 2024)€-168k(-59.6%)
MAIN DESTINATION (March 2024)France€117k

This section shows Other Vegetable Fibers Yarn'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 Vegetable Fibers Yarn over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$20.2M
IMPORTS (2022)$8.62M
NET TRADE (2022)$11.5M

In 2022, Italy exported $20.2M in Other Vegetable Fibers Yarn. The main destinations of Italy exports on Other Vegetable Fibers Yarn were Chile ($2.27M), Turkey ($1.77M), Slovenia ($1.75M), Spain ($1.63M), and Portugal ($1.55M).

In 2022, Italy imported $8.62M in Other Vegetable Fibers Yarn, mainly from Greece ($2.89M), China ($2.71M), India ($1.1M), Tunisia ($467k), and Spain ($322k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Vegetable Fibers Yarn EXPORT MARKETS FOR Italy WERE (2021 - 2022):
Chile$660k (41.1%)
Spain$428k (35.5%)
Colombia$409k (60.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Vegetable Fibers Yarn BY Italy WERE (2021 - 2022):
Lebanon-$200k (-85.3%)
Belgium-$151k (-49.2%)
Lithuania-$149k (-59.3%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Other Vegetable Fibers Yarn were:
China $44.2M
Kenya $24.4M
In 2022, Italy's main importing competitors in Other Vegetable Fibers Yarn were:
Nigeria $30.2M
United States $7.63M

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Trade Value of Other Vegetable Fibers Yarn by Exporters

Potential Exports

Potential Exports

Flow
View
N/A
N/AN/A
N/AN/A

Other Vegetable Fibers Yarn’s highest export potential is N/A. With an export gap of N/A.   Other Vegetable Fibers Yarn’s highest import potential is N/A with an import gap of N/A.

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