2022
Exports
$171MWorld Rnk 3 / 102
Flag Rnk 460 / 1217
2022
PRODUCT COMPLEXITY IN Prepared Wool or Animal Hair
-0.87Rnk 793 / 1025
2022
Imports
$452MWorld Rnk 1 / 147
Flag Rnk 255 / 1215
2022
ECONOMIC COMPLEXITY of Italy
1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $171M in Prepared Wool or Animal Hair, making it the 3rd largest exporter of Prepared Wool or Animal Hair in the world. At the same year, Prepared Wool or Animal Hair was the 460th most exported product in Italy. The main destination of Prepared Wool or Animal Hair exports from Italy are: Romania ($48.9M), Czechia ($40.6M), Bulgaria ($18M), Poland ($12.8M), and Portugal ($11.7M).

The fastest growing export markets for Prepared Wool or Animal Hair of Italy between 2021 and 2022 were Czechia ($19.5M), Germany ($5.34M), and Bulgaria ($3.87M).

Imports In 2022, Italy imported $452M in Prepared Wool or Animal Hair, becoming the 1st largest importer of Prepared Wool or Animal Hair in the world. At the same year, Prepared Wool or Animal Hair was the 255th most imported product in Italy. Italy imports Prepared Wool or Animal Hair primarily from: China ($150M), Germany ($65.1M), Czechia ($52.7M), Peru ($34.4M), and Egypt ($27.2M).

The fastest growing import markets in Prepared Wool or Animal Hair for Italy between 2021 and 2022 were China ($57.5M), Argentina ($12.8M), and Egypt ($11M).

Latest Trends

March 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2023 - March 2024)€-6.31M(-38.4%)
IMPORT GROWTH (March 2023 - March 2024)€-9.15M(-20.3%)
MAIN DESTINATION (March 2024)Romania€3.35M

This section shows Prepared Wool or Animal Hair'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 Wool or Animal Hair over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$171M
IMPORTS (2022)$452M
NET TRADE (2022)-$280M

In 2022, Italy exported $171M in Prepared Wool or Animal Hair. The main destinations of Italy exports on Prepared Wool or Animal Hair were Romania ($48.9M), Czechia ($40.6M), Bulgaria ($18M), Poland ($12.8M), and Portugal ($11.7M).

In 2022, Italy imported $452M in Prepared Wool or Animal Hair, mainly from China ($150M), Germany ($65.1M), Czechia ($52.7M), Peru ($34.4M), and Egypt ($27.2M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Prepared Wool or Animal Hair EXPORT MARKETS FOR Italy WERE (2021 - 2022):
Czechia$19.5M (92.7%)
Germany$5.34M (141%)
Bulgaria$3.87M (27.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Prepared Wool or Animal Hair BY Italy WERE (2021 - 2022):
Poland-$1.74M (-12%)
France-$1.2M (-53%)
Lithuania-$858k (-24.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Prepared Wool or Animal Hair were:
In 2022, Italy's main importing competitors in Prepared Wool or Animal Hair were:

Explore Visualizations

Trade Value of Prepared Wool or Animal Hair by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $2.78M
TOP IMPORT POTENTIALFrance+ $728k

Prepared Wool or Animal Hair’s highest export potential is Germany. With an export gap of $2.78M.   Prepared Wool or Animal Hair’s highest import potential is France with an import gap of $728k.

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