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2022
Exports $141MWorld Rnk 15 / 181
Flag Rnk 501 / 1217
2022
Destination $978k France
2021 - 2022
FASTEST GROWING MARKET $978kSpain
2022
PRODUCT COMPLEXITY IN Prepared Cereals-0.43Rnk 681 / 1025
2022
Imports $262MWorld Rnk 8 / 223
Flag Rnk 375 / 1215
2022
Origin $670k France
2021 - 2022
FASTEST GROWING ORIGIN $670kAustria
2022
ECONOMIC COMPLEXITY of Italy1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $141M in Prepared Cereals, making it the 15th largest exporter of Prepared Cereals in the world. At the same year, Prepared Cereals was the 501st most exported product in Italy. The main destination of Prepared Cereals exports from Italy are: France ($29.4M), Germany ($16.6M), United States ($14.8M), Spain ($12.3M), and United Kingdom ($8.59M).

The fastest growing export markets for Prepared Cereals of Italy between 2021 and 2022 were Spain ($978k), Australia ($867k), and Austria ($674k).

Imports In 2022, Italy imported $262M in Prepared Cereals, becoming the 8th largest importer of Prepared Cereals in the world. At the same year, Prepared Cereals was the 375th most imported product in Italy. Italy imports Prepared Cereals primarily from: France ($56.8M), Spain ($55.8M), Poland ($42.2M), Germany ($41.1M), and United Kingdom ($28.5M).

The fastest growing import markets in Prepared Cereals for Italy between 2021 and 2022 were Austria ($670k), Turkey ($464k), and United States ($361k).

Latest Trends

July 2024

About

Overview In July 2024 Italy's Prepared Cereals exports accounted up to €17M and imports accounted up to €26.9M, resulting in a negative trade balance of €9.95M. Between July 2023 and July 2024 the exports of Italy's   Prepared Cereals have increased by €3.8M (28.8%) from €13.2M to €17M, while imports increased by €751k (2.87%) from €26.2M to €26.9M.

Destinations In July 2024, Prepared Cereals were exported mostly to Germany (€3.7M), France (€3.01M), Spain (€1.66M), United States (€1.31M), and Belgium (€992k), and were imported mostly from Spain (€5.91M), Germany (€5.62M), Poland (€4.41M), France (€3.93M), and United Kingdom (€2.2M).

Growth In July 2024, the increase in Prepared Cereals's year-by-year exports was explained primarily by an increase in exports to France (€1.32M or 64.3%), Germany (€656k or 58%), and Switzerland (€350k or 234%). In July 2024, the increase in Prepared Cereals's year-by-year imports was explained primarily by an increase in imports from United Kingdom (€1.09M or 56.7%), Germany (€910k or 36.7%), and Spain (€557k or 13.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)€3.8M(28.8%)
IMPORT GROWTH (July 2023 - July 2024)€751k(2.87%)
MAIN DESTINATION (July 2024)Germany€3.7M

This section shows Prepared Cereals'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 Prepared Cereals over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$141M
IMPORTS (2022)$262M
NET TRADE (2022)-$121M

In 2022, Italy exported $141M in Prepared Cereals. The main destinations of Italy exports on Prepared Cereals were France ($29.4M), Germany ($16.6M), United States ($14.8M), Spain ($12.3M), and United Kingdom ($8.59M).

In 2022, Italy imported $262M in Prepared Cereals, mainly from France ($56.8M), Spain ($55.8M), Poland ($42.2M), Germany ($41.1M), and United Kingdom ($28.5M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Prepared Cereals EXPORT MARKETS FOR Italy WERE (2021 - 2022):
Spain$978k (8.61%)
Australia$867k (37.1%)
Austria$674k (20.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Prepared Cereals BY Italy WERE (2021 - 2022):
Belgium-$3.01M (-45.7%)
Germany-$1.67M (-9.14%)
China-$1.15M (-78.6%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Prepared Cereals were:
Germany $784M
United States $747M
United Kingdom $648M
In 2022, Italy's main importing competitors in Prepared Cereals were:
United States $1.03B
Canada $606M
Germany $513M

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Trade Value of Prepared Cereals by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $7.28M
TOP IMPORT POTENTIALFrance+ $6.79M

Prepared Cereals’s highest export potential is France. With an export gap of $7.28M.   Prepared Cereals’s highest import potential is France with an import gap of $6.79M.

See methodology.

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