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2023
Exports $3.21MWorld Rnk 20 / 108
Flag Rnk 1085 / 1216
2023
Destination $145k United Kingdom
2022 - 2023
FASTEST GROWING MARKET $145kIsrael
2023
Imports $8.04MWorld Rnk 15 / 161
Flag Rnk 1041 / 1213
2023
Origin $1.71M United States
2022 - 2023
FASTEST GROWING ORIGIN $1.71MFrance
2023
ECONOMIC COMPLEXITY of Italy1.29Rnk 18 / 132

About

Exports In 2023, Italy exported $3.21M in Parachutes, making it the 20th largest exporter of Parachutes in the world. At the same year, Parachutes was the 1085th most exported product in Italy. The main destination of Parachutes exports from Italy are: United Kingdom ($477k), Germany ($349k), Poland ($335k), United States ($299k), and Israel ($175k).

The fastest growing export markets for Parachutes of Italy between 2022 and 2023 were Israel ($145k), Turkey ($94.2k), and South Korea ($50.3k).

Imports In 2023, Italy imported $8.04M in Parachutes, becoming the 15th largest importer of Parachutes in the world. At the same year, Parachutes was the 1041st most imported product in Italy. Italy imports Parachutes primarily from: United States ($2.82M), France ($2.42M), Vietnam ($869k), Austria ($585k), and Israel ($351k).

The fastest growing import markets in Parachutes for Italy between 2022 and 2023 were France ($1.71M), Vietnam ($172k), and Israel ($110k).

Latest Trends

November 2024

About

Overview In November 2024 Italy's Parachutes exports accounted up to €234k and imports accounted up to €618k, resulting in a negative trade balance of €384k. Between November 2023 and November 2024 the exports of Italy's   Parachutes have increased by €89.6k (62%) from €144k to €234k, while imports increased by €285k (85.6%) from €333k to €618k.

Destinations In November 2024, Parachutes were exported mostly to South Korea (€72.4k), United States (€69.5k), Germany (€17k), Australia (€13.8k), and Mexico (€12.5k), and were imported mostly from United Kingdom (€263k), United States (€259k), Germany (€50.3k), Vietnam (€44.6k), and Finland (€1.2k).

Growth In November 2024, the increase in Parachutes's year-by-year exports was explained primarily by an increase in exports to Poland (€15k or 96.4%), Spain (€2.35k or 241%), and Finland (€1.42k or 285%). In November 2024, the increase in Parachutes's year-by-year imports was explained primarily by an increase in imports from Czechia (€8.69k or 353%) and United Kingdom (€5.65k or 59.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)€89.6k(62%)
IMPORT GROWTH (November 2023 - November 2024)€285k(85.6%)
MAIN DESTINATION (November 2024)South Korea€72.4k

This section shows Parachutes'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 Parachutes over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$3.21M
IMPORTS (2023)$8.04M
NET TRADE (2023)-$4.83M

In 2023, Italy exported $3.21M in Parachutes. The main destinations of Italy exports on Parachutes were United Kingdom ($477k), Germany ($349k), Poland ($335k), United States ($299k), and Israel ($175k).

In 2023, Italy imported $8.04M in Parachutes, mainly from United States ($2.82M), France ($2.42M), Vietnam ($869k), Austria ($585k), and Israel ($351k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Parachutes EXPORT MARKETS FOR Italy WERE (2022 - 2023):
Israel$145k (483%)
Turkey$94.2k (404%)
South Korea$50.3k (155%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Parachutes BY Italy WERE (2022 - 2023):
Germany-$763k (-68.6%)
Switzerland-$258k (-62.6%)
France-$125k (-76.4%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Italy's main exporting competitors in Parachutes were:
United States $99.7M
Vietnam $41.1M
United Kingdom $28.5M
In 2023, Italy's main importing competitors in Parachutes were:
United States $64.2M
France $36.9M
Germany $26.3M

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Trade Value of Parachutes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $261k
TOP IMPORT POTENTIALFrance+ $409k

Parachutes’s highest export potential is United States. With an export gap of $261k.   Parachutes’s highest import potential is France with an import gap of $409k.

See methodology.

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