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Pricing

2022
Exports $11.7MWorld Rnk 12 / 84
Flag Rnk 948 / 1217
2022
Destination $1.02M Brazil
2021 - 2022
FASTEST GROWING MARKET $1.02MBrazil
2022
Imports $10MWorld Rnk 12 / 90
Flag Rnk 1038 / 1215
2022
Origin $3.38M New Zealand
2021 - 2022
FASTEST GROWING ORIGIN $3.38MNew Zealand
2022
ECONOMIC COMPLEXITY of Italy1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $11.7M in Pharmaceutical Animal Products, making it the 12th largest exporter of Pharmaceutical Animal Products in the world. At the same year, Pharmaceutical Animal Products was the 948th most exported product in Italy. The main destination of Pharmaceutical Animal Products exports from Italy are: Brazil ($6.78M), Spain ($3.04M), Romania ($732k), United States ($481k), and Denmark ($215k).

The fastest growing export markets for Pharmaceutical Animal Products of Italy between 2021 and 2022 were Brazil ($1.02M), Romania ($606k), and United States ($481k).

Imports In 2022, Italy imported $10M in Pharmaceutical Animal Products, becoming the 12th largest importer of Pharmaceutical Animal Products in the world. At the same year, Pharmaceutical Animal Products was the 1038th most imported product in Italy. Italy imports Pharmaceutical Animal Products primarily from: New Zealand ($3.38M), Poland ($2.26M), France ($979k), Brazil ($712k), and Spain ($564k).

The fastest growing import markets in Pharmaceutical Animal Products for Italy between 2021 and 2022 were New Zealand ($3.38M), Denmark ($473k), and Poland ($388k).

Latest Trends

August 2024

About

Overview In August 2024 Italy's Pharmaceutical Animal Products exports accounted up to €55.5k and imports accounted up to €133k, resulting in a negative trade balance of €77.6k. Between August 2023 and August 2024 the exports of Italy's   Pharmaceutical Animal Products have decreased by €-12.4k (-18.2%) from €67.8k to €55.5k, while imports decreased by €-181k (-57.6%) from €314k to €133k.

Destinations In August 2024, Pharmaceutical Animal Products were exported mostly to Spain (€54.9k) and Germany (€600), and were imported mostly from Poland (€55.7k), Germany (€33.9k), France (€21.9k), and Netherlands (€21.6k).

Growth In August 2024, the decrease in Pharmaceutical Animal Products's year-by-year exports was explained primarily by a decrease in exports to . In August 2024, the decrease in Pharmaceutical Animal Products's year-by-year imports was explained primarily by a decrease in imports from Poland (€-76.7k or -33%), Netherlands (€-519 or -10.6%), and Switzerland (€-79 or -0.38%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)€-12.4k(-18.2%)
IMPORT GROWTH (August 2023 - August 2024)€-181k(-57.6%)
MAIN DESTINATION (August 2024)Spain€54.9k

This section shows Pharmaceutical Animal Products'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 Pharmaceutical Animal Products over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$11.7M
IMPORTS (2022)$10M
NET TRADE (2022)$1.69M

In 2022, Italy exported $11.7M in Pharmaceutical Animal Products. The main destinations of Italy exports on Pharmaceutical Animal Products were Brazil ($6.78M), Spain ($3.04M), Romania ($732k), United States ($481k), and Denmark ($215k).

In 2022, Italy imported $10M in Pharmaceutical Animal Products, mainly from New Zealand ($3.38M), Poland ($2.26M), France ($979k), Brazil ($712k), and Spain ($564k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pharmaceutical Animal Products EXPORT MARKETS FOR Italy WERE (2021 - 2022):
Brazil$1.02M (17.8%)
Romania$606k (484%)
United States$481k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pharmaceutical Animal Products BY Italy WERE (2021 - 2022):
Hungary-$179k (-94.1%)
Hong Kong-$4.2k (-100%)
Ireland-$3k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Pharmaceutical Animal Products were:
Brazil $116M
Russia $33.7M
Hong Kong $26.7M
In 2022, Italy's main importing competitors in Pharmaceutical Animal Products were:
Hong Kong $130M
South Korea $76.6M
Germany $28.3M

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Trade Value of Pharmaceutical Animal Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $222k
TOP IMPORT POTENTIALBrazil+ $491k

Pharmaceutical Animal Products’s highest export potential is United States. With an export gap of $222k.   Pharmaceutical Animal Products’s highest import potential is Brazil with an import gap of $491k.

See methodology.

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