2023
Exports
$28.2MWorld Rnk 12 / 82
Flag Rnk 808 / 1216
2023
PRODUCT COMPLEXITY IN Rare-Earth Metal Compounds
0.67Rnk 297 / 1025
2023
Imports
$10.1MWorld Rnk 20 / 146
Flag Rnk 1012 / 1213
2023
ECONOMIC COMPLEXITY of Italy
1.29Rnk 18 / 132

About

Exports In 2023, Italy exported $28.2M in Rare-Earth Metal Compounds, making it the 12th largest exporter of Rare-Earth Metal Compounds in the world. At the same year, Rare-Earth Metal Compounds was the 808th most exported product in Italy. The main destination of Rare-Earth Metal Compounds exports from Italy are: Germany ($14.3M), Japan ($8.13M), United Kingdom ($3.07M), Philippines ($1.12M), and United States ($621k).

The fastest growing export markets for Rare-Earth Metal Compounds of Italy between 2022 and 2023 were Germany ($13.9M), Japan ($4.22M), and Philippines ($1.12M).

Imports In 2023, Italy imported $10.1M in Rare-Earth Metal Compounds, becoming the 20th largest importer of Rare-Earth Metal Compounds in the world. At the same year, Rare-Earth Metal Compounds was the 1012th most imported product in Italy. Italy imports Rare-Earth Metal Compounds primarily from: France ($2.68M), Austria ($2.17M), United States ($1.13M), China ($1.09M), and Netherlands ($1.02M).

The fastest growing import markets in Rare-Earth Metal Compounds for Italy between 2022 and 2023 were Estonia ($973k), France ($853k), and United States ($838k).

Latest Trends

October 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - October 2024)€-221k(-92.6%)
IMPORT GROWTH (October 2023 - October 2024)€-729k(-91.1%)
MAIN DESTINATION (October 2024)Germany€17.7k

This section shows Rare-Earth Metal Compounds'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 Rare-Earth Metal Compounds over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2023)$28.2M
IMPORTS (2023)$10.1M
NET TRADE (2023)$18M

In 2023, Italy exported $28.2M in Rare-Earth Metal Compounds. The main destinations of Italy exports on Rare-Earth Metal Compounds were Germany ($14.3M), Japan ($8.13M), United Kingdom ($3.07M), Philippines ($1.12M), and United States ($621k).

In 2023, Italy imported $10.1M in Rare-Earth Metal Compounds, mainly from France ($2.68M), Austria ($2.17M), United States ($1.13M), China ($1.09M), and Netherlands ($1.02M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Rare-Earth Metal Compounds EXPORT MARKETS FOR Italy WERE (2022 - 2023):
Germany$13.9M (3.13k%)
Japan$4.22M (108%)
Philippines$1.12M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rare-Earth Metal Compounds BY Italy WERE (2022 - 2023):
United Kingdom-$2.45M (-44.4%)
United States-$188k (-23.3%)
Russia-$169k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Italy's main exporting competitors in Rare-Earth Metal Compounds were:
Burma $1.44B
China $513M
In 2023, Italy's main importing competitors in Rare-Earth Metal Compounds were:
China $1.98B
Japan $478M

Explore Visualizations

Trade Value of Rare-Earth Metal Compounds by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $598k
TOP IMPORT POTENTIALChina+ $1.64M

Rare-Earth Metal Compounds’s highest export potential is United States. With an export gap of $598k.   Rare-Earth Metal Compounds’s highest import potential is China with an import gap of $1.64M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with