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2022
Exports $27.6BWorld Rnk 7 / 226
Flag Rnk 6 / 96
2022
Destination $246M Germany
2021 - 2022
FASTEST GROWING MARKET $246MGermany
2022
PRODUCT COMPLEXITY IN Plastics & articles thereof1.72Rnk 19 / 1025
2022
Imports $30.9BWorld Rnk 5 / 226
Flag Rnk 6 / 96
2022
Origin $580M Germany
2021 - 2022
FASTEST GROWING ORIGIN $580MChina
2022
ECONOMIC COMPLEXITY of Italy1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $27.6B in Plastics & articles thereof, making it the 7th largest exporter of Plastics & articles thereof in the world. At the same year, Plastics & articles thereof was the 6th most exported product in Italy. The main destination of Plastics & articles thereof exports from Italy are: Germany ($4.67B), France ($3.32B), Spain ($2B), Poland ($1.45B), and United States ($1.11B).

The fastest growing export markets for Plastics & articles thereof of Italy between 2021 and 2022 were Germany ($246M), Spain ($167M), and France ($158M).

Imports In 2022, Italy imported $30.9B in Plastics & articles thereof, becoming the 5th largest importer of Plastics & articles thereof in the world. At the same year, Plastics & articles thereof was the 6th most imported product in Italy. Italy imports Plastics & articles thereof primarily from: Germany ($7.17B), France ($2.99B), Belgium ($2.37B), China ($2.32B), and Netherlands ($2.31B).

The fastest growing import markets in Plastics & articles thereof for Italy between 2021 and 2022 were China ($580M), Germany ($501M), and United States ($439M).

COMPANIES In 2023, leading companies such as Molson Coors (1.05k), Euromarket Designs (50), and Electrolux (32) were at the forefront of shipping Plastics & articles thereof from Italy to the United States.

Latest Trends

March 2024

About

Overview In March 2024 Italy's Plastics & articles thereof exports accounted up to €1.84B and imports accounted up to €2.02B, resulting in a negative trade balance of €180M. Between March 2023 and March 2024 the exports of Italy's   Plastics & articles thereof have decreased by €-259M (-12.3%) from €2.1B to €1.84B, while imports decreased by €-321M (-13.7%) from €2.35B to €2.02B.

Destinations In March 2024, Plastics & articles thereof were exported mostly to Germany (€328M), France (€246M), Spain (€149M), Poland (€108M), and United States (€80.7M), and were imported mostly from Germany (€532M), Belgium (€217M), France (€216M), Netherlands (€153M), and China (€134M).

Growth In March 2024, the decrease in Plastics & articles thereof's year-by-year exports was explained primarily by a decrease in exports to Russia (€-14.2M or -59.2%), Israel (€-12M or -87.4%), and Indonesia (€-11.9M or -76%). In March 2024, the decrease in Plastics & articles thereof's year-by-year imports was explained primarily by a decrease in imports from Germany (€-40.8M or -6.98%), France (€-38.6M or -17.1%), and China (€-37.7M or -21.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2023 - March 2024)€-259M(-12.3%)
IMPORT GROWTH (March 2023 - March 2024)€-321M(-13.7%)
MAIN DESTINATION (March 2024)Germany€328M

This section shows Plastics & articles thereof'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 Plastics & articles thereof over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$27.6B
IMPORTS (2022)$30.9B
NET TRADE (2022)-$3.28B

In 2022, Italy exported $27.6B in Plastics & articles thereof. The main destinations of Italy exports on Plastics & articles thereof were Germany ($4.67B), France ($3.32B), Spain ($2B), Poland ($1.45B), and United States ($1.11B).

In 2022, Italy imported $30.9B in Plastics & articles thereof, mainly from Germany ($7.17B), France ($2.99B), Belgium ($2.37B), China ($2.32B), and Netherlands ($2.31B).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Plastics & articles thereof EXPORT MARKETS FOR Italy WERE (2021 - 2022):
Germany$246M (5.56%)
Spain$167M (9.08%)
France$158M (5.02%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Plastics & articles thereof BY Italy WERE (2021 - 2022):
Russia-$112M (-29.9%)
Ukraine-$38.7M (-33.2%)
Belgium-$14.7M (-1.93%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Plastics & articles thereof were:
China $156B
United States $95.2B
Germany $86.5B
In 2022, Italy's main importing competitors in Plastics & articles thereof were:
United States $96.2B
China $73.4B
Germany $59.1B

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Trade Value of Plastics & articles thereof by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $861M
TOP IMPORT POTENTIALChina+ $924M

Plastics & articles thereof’s highest export potential is France. With an export gap of $861M.   Plastics & articles thereof’s highest import potential is China with an import gap of $924M.

See methodology.

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