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2022
Exports $23.9MWorld Rnk 32 / 153
Flag Rnk 845 / 1217
2022
Destination $5.75M France
2021 - 2022
FASTEST GROWING MARKET $5.75MFrance
2022
PRODUCT COMPLEXITY IN Other Vegetable Oils-1.26Rnk 899 / 1025
2022
Imports $117MWorld Rnk 15 / 214
Flag Rnk 556 / 1215
2022
Origin $7.64M Netherlands
2021 - 2022
FASTEST GROWING ORIGIN $7.64MSpain
2022
ECONOMIC COMPLEXITY of Italy1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $23.9M in Other Vegetable Oils, making it the 32nd largest exporter of Other Vegetable Oils in the world. At the same year, Other Vegetable Oils was the 845th most exported product in Italy. The main destination of Other Vegetable Oils exports from Italy are: France ($7.14M), Germany ($3.85M), Spain ($1.57M), Switzerland ($1.49M), and Greece ($730k).

The fastest growing export markets for Other Vegetable Oils of Italy between 2021 and 2022 were France ($5.75M), Germany ($2.5M), and Zimbabwe ($709k).

Imports In 2022, Italy imported $117M in Other Vegetable Oils, becoming the 15th largest importer of Other Vegetable Oils in the world. At the same year, Other Vegetable Oils was the 556th most imported product in Italy. Italy imports Other Vegetable Oils primarily from: Netherlands ($23.5M), Spain ($20.9M), Greece ($12.6M), Germany ($9.92M), and China ($8.95M).

The fastest growing import markets in Other Vegetable Oils for Italy between 2021 and 2022 were Spain ($7.64M), Greece ($5.57M), and China ($5.08M).

COMPANIES In 2023, leading companies such as Arhaus (1) were at the forefront of shipping Other Vegetable Oils from Italy to the United States.

Latest Trends

September 2024

About

Overview In September 2024 Italy's Other Vegetable Oils exports accounted up to €1.15M and imports accounted up to €5.95M, resulting in a negative trade balance of €4.8M. Between September 2023 and September 2024 the exports of Italy's   Other Vegetable Oils have decreased by €-366k (-24.1%) from €1.52M to €1.15M, while imports decreased by €-1.37M (-18.8%) from €7.32M to €5.95M.

Destinations In September 2024, Other Vegetable Oils were exported mostly to Austria (€273k), Germany (€253k), South Korea (€159k), Spain (€69k), and France (€66.3k), and were imported mostly from Spain (€2.04M), Netherlands (€1.63M), Germany (€1.25M), Belgium (€437k), and France (€345k).

Growth In September 2024, the decrease in Other Vegetable Oils's year-by-year exports was explained primarily by a decrease in exports to Netherlands (€-32.8k or -53.8%), United States (€-16.7k or -45.8%), and Belgium (€-10.6k or -97.2%). In September 2024, the decrease in Other Vegetable Oils's year-by-year imports was explained primarily by a decrease in imports from Belgium (€-159k or -36.9%), Portugal (€-6.96k or -61.5%), and France (€-6.78k or -1.9%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)€-366k(-24.1%)
IMPORT GROWTH (September 2023 - September 2024)€-1.37M(-18.8%)
MAIN DESTINATION (September 2024)Austria€273k

This section shows Other Vegetable Oils'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 Oils over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$23.9M
IMPORTS (2022)$117M
NET TRADE (2022)-$92.8M

In 2022, Italy exported $23.9M in Other Vegetable Oils. The main destinations of Italy exports on Other Vegetable Oils were France ($7.14M), Germany ($3.85M), Spain ($1.57M), Switzerland ($1.49M), and Greece ($730k).

In 2022, Italy imported $117M in Other Vegetable Oils, mainly from Netherlands ($23.5M), Spain ($20.9M), Greece ($12.6M), Germany ($9.92M), and China ($8.95M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Vegetable Oils EXPORT MARKETS FOR Italy WERE (2021 - 2022):
France$5.75M (414%)
Germany$2.5M (185%)
Zimbabwe$709k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Vegetable Oils BY Italy WERE (2021 - 2022):
Romania-$2.6M (-83.3%)
Russia-$246k (-69.8%)
Portugal-$141k (-40.8%)
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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 Oils were:
Malaysia $1.66B
Indonesia $1.52B
Netherlands $424M
In 2022, Italy's main importing competitors in Other Vegetable Oils were:
China $786M
Netherlands $515M
United States $325M

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Trade Value of Other Vegetable Oils by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $1.16M
TOP IMPORT POTENTIALChina+ $3.48M

Other Vegetable Oils’s highest export potential is France. With an export gap of $1.16M.   Other Vegetable Oils’s highest import potential is China with an import gap of $3.48M.

See methodology.

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