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2022
Exports $156MWorld Rnk 8 / 200
Flag Rnk 480 / 1217
2022
Destination $4.03M Germany
2021 - 2022
FASTEST GROWING MARKET $4.03MUnited States
2022
PRODUCT COMPLEXITY IN Pens0.7Rnk 277 / 1025
2022
Imports $183MWorld Rnk 7 / 222
Flag Rnk 454 / 1215
2022
Origin $11M Germany
2021 - 2022
FASTEST GROWING ORIGIN $11MChina
2022
ECONOMIC COMPLEXITY of Italy1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $156M in Pens, making it the 8th largest exporter of Pens in the world. At the same year, Pens was the 480th most exported product in Italy. The main destination of Pens exports from Italy are: Germany ($23.3M), United States ($19.7M), France ($15.9M), Spain ($8.61M), and Canada ($7.26M).

The fastest growing export markets for Pens of Italy between 2021 and 2022 were United States ($4.03M), Australia ($3.16M), and Canada ($1.39M).

Imports In 2022, Italy imported $183M in Pens, becoming the 7th largest importer of Pens in the world. At the same year, Pens was the 454th most imported product in Italy. Italy imports Pens primarily from: Germany ($50.8M), China ($35.1M), France ($20.4M), Ireland ($16.8M), and Japan ($15.6M).

The fastest growing import markets in Pens for Italy between 2021 and 2022 were China ($11M), Ireland ($3.96M), and Czechia ($2.09M).

COMPANIES In 2023, leading companies such as IKEA Group (1) were at the forefront of shipping Pens from Italy to the United States.

Latest Trends

March 2024

About

Overview In March 2024 Italy's Pens exports accounted up to €10.6M and imports accounted up to €9.92M, resulting in a positive trade balance of €637k. Between March 2023 and March 2024 the exports of Italy's   Pens have decreased by €-470k (-4.26%) from €11M to €10.6M, while imports increased by €398k (4.18%) from €9.52M to €9.92M.

Destinations In March 2024, Pens were exported mostly to Germany (€3.12M), France (€1.98M), Spain (€1.11M), United States (€1M), and United Kingdom (€578k), and were imported mostly from China (€2.79M), France (€2.36M), Germany (€2.11M), Ireland (€1.09M), and Spain (€523k).

Growth In March 2024, the decrease in Pens's year-by-year exports was explained primarily by a decrease in exports to Romania (€-37.1k or -38.8%). In March 2024, the increase in Pens's year-by-year imports was explained primarily by an increase in imports from China (€379k or 22%), Spain (€302k or 106%), and Switzerland (€44.6k or 33.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2023 - March 2024)€-470k(-4.26%)
IMPORT GROWTH (March 2023 - March 2024)€398k(4.18%)
MAIN DESTINATION (March 2024)Germany€3.12M

This section shows Pens'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 Pens over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$156M
IMPORTS (2022)$183M
NET TRADE (2022)-$26.5M

In 2022, Italy exported $156M in Pens. The main destinations of Italy exports on Pens were Germany ($23.3M), United States ($19.7M), France ($15.9M), Spain ($8.61M), and Canada ($7.26M).

In 2022, Italy imported $183M in Pens, mainly from Germany ($50.8M), China ($35.1M), France ($20.4M), Ireland ($16.8M), and Japan ($15.6M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pens EXPORT MARKETS FOR Italy WERE (2021 - 2022):
United States$4.03M (25.6%)
Australia$3.16M (359%)
Canada$1.39M (23.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pens BY Italy WERE (2021 - 2022):
Czechia-$8.36M (-54.3%)
Spain-$3.53M (-29.1%)
Germany-$3.19M (-12%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Pens were:
China $2.39B
Japan $1.02B
Germany $776M
In 2022, Italy's main importing competitors in Pens were:
United States $1.17B
Germany $439M
France $423M

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Trade Value of Pens by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $7.09M
TOP IMPORT POTENTIALChina+ $11.4M

Pens’s highest export potential is France. With an export gap of $7.09M.   Pens’s highest import potential is China with an import gap of $11.4M.

See methodology.

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