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2022
Exports $2.97MWorld Rnk 20 / 100
Flag Rnk 1077 / 1217
falsefalse Hong Kong
2022
PRODUCT COMPLEXITY IN Pearls0.23Rnk 478 / 1025
2022
Imports $19.1MWorld Rnk 8 / 152
Flag Rnk 927 / 1215
2022
ECONOMIC COMPLEXITY of Italy1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $2.97M in Pearls, making it the 20th largest exporter of Pearls in the world. At the same year, Pearls was the 1077th most exported product in Italy. The main destination of Pearls exports from Italy are: Hong Kong ($795k), Germany ($357k), France ($265k), Switzerland ($207k), and United States ($181k).

Imports In 2022, Italy imported $19.1M in Pearls, becoming the 8th largest importer of Pearls in the world. At the same year, Pearls was the 927th most imported product in Italy. Italy imports Pearls primarily from: Hong Kong ($6.97M), China ($6.81M), Japan ($3.06M), Australia ($488k), and United States ($478k).

The fastest growing import markets in Pearls for Italy between 2021 and 2022 were Hong Kong ($5.34M), China ($204k), and Thailand ($194k).

Latest Trends

March 2024

About

Overview In March 2024 Italy's Pearls exports accounted up to €144k and imports accounted up to €1.46M, resulting in a negative trade balance of €1.32M. Between March 2023 and March 2024 the exports of Italy's   Pearls have decreased by €-33.3k (-18.8%) from €177k to €144k, while imports decreased by €-731k (-33.3%) from €2.2M to €1.46M.

Destinations In March 2024, Pearls were exported mostly to Greece (€49.9k), Hong Kong (€41.2k), Germany (€21.8k), Spain (€6.64k), and Austria (€6.46k), and were imported mostly from China (€941k), Australia (€292k), Hong Kong (€200k), Indonesia (€14k), and United States (€7.02k).

Growth In March 2024, the decrease in Pearls's year-by-year exports was explained primarily by a decrease in exports to Thailand (€-1.04k or -37%). In March 2024, the decrease in Pearls's year-by-year imports was explained primarily by a decrease in imports from China (€-486k or -43.1%), France (€-114k or -96.6%), and Hong Kong (€-6.05k or -14.5%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2023 - March 2024)€-33.3k(-18.8%)
IMPORT GROWTH (March 2023 - March 2024)€-731k(-33.3%)
MAIN DESTINATION (March 2024)Greece€49.9k

This section shows Pearls'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 Pearls over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.97M
IMPORTS (2022)$19.1M
NET TRADE (2022)-$16.1M

In 2022, Italy exported $2.97M in Pearls. The main destinations of Italy exports on Pearls were Hong Kong ($795k), Germany ($357k), France ($265k), Switzerland ($207k), and United States ($181k).

In 2022, Italy imported $19.1M in Pearls, mainly from Hong Kong ($6.97M), China ($6.81M), Japan ($3.06M), Australia ($488k), and United States ($478k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Pearls were:
Japan $211M
China $101M
Indonesia $96.3M
In 2022, Italy's main importing competitors in Pearls were:
Hong Kong $290M
Japan $151M
United States $69.5M

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Trade Value of Pearls by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $173k
TOP IMPORT POTENTIALFrance+ $311k

Pearls’s highest export potential is United States. With an export gap of $173k.   Pearls’s highest import potential is France with an import gap of $311k.

See methodology.

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