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2022
Exports $6.79BWorld Rnk 7 / 226
Flag Rnk 23 / 96
2022
Destination $198M United States
2021 - 2022
FASTEST GROWING MARKET $198MUnited States
2022
PRODUCT COMPLEXITY IN Perfumery & cosmetics0.49Rnk 370 / 1025
2022
Imports $3.8BWorld Rnk 11 / 225
Flag Rnk 28 / 96
2022
Origin $52.8M France
2021 - 2022
FASTEST GROWING ORIGIN $52.8MFrance
2022
ECONOMIC COMPLEXITY of Italy1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $6.79B in Perfumery & cosmetics, making it the 7th largest exporter of Perfumery & cosmetics in the world. At the same year, Perfumery & cosmetics was the 23rd most exported product in Italy. The main destination of Perfumery & cosmetics exports from Italy are: United States ($881M), France ($691M), Germany ($607M), United Kingdom ($394M), and Spain ($375M).

The fastest growing export markets for Perfumery & cosmetics of Italy between 2021 and 2022 were United States ($198M), United Arab Emirates ($70.8M), and Poland ($46M).

Imports In 2022, Italy imported $3.8B in Perfumery & cosmetics, becoming the 11th largest importer of Perfumery & cosmetics in the world. At the same year, Perfumery & cosmetics was the 28th most imported product in Italy. Italy imports Perfumery & cosmetics primarily from: France ($1.39B), Germany ($489M), Spain ($358M), Netherlands ($252M), and Ireland ($214M).

The fastest growing import markets in Perfumery & cosmetics for Italy between 2021 and 2022 were France ($52.8M), Spain ($51.5M), and Czechia ($35M).

COMPANIES In 2023, leading companies such as Baxter Healthcare (225), Prime Line Coffee (21), and Givaudan Fragrances (9) were at the forefront of shipping Perfumery & cosmetics from Italy to the United States.

Latest Trends

March 2024

About

Overview In March 2024 Italy's Perfumery & cosmetics exports accounted up to €622M and imports accounted up to €353M, resulting in a positive trade balance of €269M. Between March 2023 and March 2024 the exports of Italy's   Perfumery & cosmetics have decreased by €-11.5M (-1.81%) from €634M to €622M, while imports decreased by €-2.07M (-0.58%) from €355M to €353M.

Destinations In March 2024, Perfumery & cosmetics were exported mostly to United States (€93.6M), France (€73.6M), Germany (€70.8M), Spain (€47.9M), and United Kingdom (€34.2M), and were imported mostly from France (€144M), Spain (€46.5M), Germany (€44M), Netherlands (€22.8M), and Ireland (€17.9M).

Growth In March 2024, the decrease in Perfumery & cosmetics's year-by-year exports was explained primarily by a decrease in exports to China (€-2.04M or -23.1%), Czechia (€-2.03M or -20.8%), and Chile (€-422k or -21%). In March 2024, the decrease in Perfumery & cosmetics's year-by-year imports was explained primarily by a decrease in imports from China (€-1.51M or -43.5%), Hungary (€-937k or -30.1%), and Belgium (€-735k or -9.76%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2023 - March 2024)€-11.5M(-1.81%)
IMPORT GROWTH (March 2023 - March 2024)€-2.07M(-0.58%)
MAIN DESTINATION (March 2024)United States€93.6M

This section shows Perfumery & cosmetics'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 Perfumery & cosmetics over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$6.79B
IMPORTS (2022)$3.8B
NET TRADE (2022)$2.98B

In 2022, Italy exported $6.79B in Perfumery & cosmetics. The main destinations of Italy exports on Perfumery & cosmetics were United States ($881M), France ($691M), Germany ($607M), United Kingdom ($394M), and Spain ($375M).

In 2022, Italy imported $3.8B in Perfumery & cosmetics, mainly from France ($1.39B), Germany ($489M), Spain ($358M), Netherlands ($252M), and Ireland ($214M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Perfumery & cosmetics EXPORT MARKETS FOR Italy WERE (2021 - 2022):
United States$198M (29%)
United Arab Emirates$70.8M (39%)
Poland$46M (19.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Perfumery & cosmetics BY Italy WERE (2021 - 2022):
Hong Kong-$109M (-31.5%)
Germany-$57M (-8.58%)
Ukraine-$26.6M (-40.1%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Perfumery & cosmetics were:
France $23.4B
United States $14B
Germany $11.5B
In 2022, Italy's main importing competitors in Perfumery & cosmetics were:
United States $17.8B
China $14B
Germany $8.42B

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Trade Value of Perfumery & cosmetics by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $164M
TOP IMPORT POTENTIALFrance+ $207M

Perfumery & cosmetics’s highest export potential is France. With an export gap of $164M.   Perfumery & cosmetics’s highest import potential is France with an import gap of $207M.

See methodology.

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