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2022
Exports $9.17MWorld Rnk 48 / 133
Flag Rnk 974 / 1217
2022
Destination $1.14M Turkey
2021 - 2022
FASTEST GROWING MARKET $1.14MHungary
2022
PRODUCT COMPLEXITY IN Raw Cotton-2.57Rnk 1022 / 1025
2022
Imports $82.3MWorld Rnk 22 / 183
Flag Rnk 635 / 1215
2022
Origin $8M Turkey
2021 - 2022
FASTEST GROWING ORIGIN $8MTurkey
2022
ECONOMIC COMPLEXITY of Italy1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $9.17M in Raw Cotton, making it the 48th largest exporter of Raw Cotton in the world. At the same year, Raw Cotton was the 974th most exported product in Italy. The main destination of Raw Cotton exports from Italy are: Turkey ($2.66M), Hungary ($2.28M), Bosnia and Herzegovina ($1.66M), United States ($392k), and Greece ($330k).

The fastest growing export markets for Raw Cotton of Italy between 2021 and 2022 were Hungary ($1.14M), United States ($389k), and Turkey ($344k).

Imports In 2022, Italy imported $82.3M in Raw Cotton, becoming the 22nd largest importer of Raw Cotton in the world. At the same year, Raw Cotton was the 635th most imported product in Italy. Italy imports Raw Cotton primarily from: Turkey ($21.5M), Brazil ($11M), India ($8.42M), Greece ($7.45M), and United States ($4.74M).

The fastest growing import markets in Raw Cotton for Italy between 2021 and 2022 were Turkey ($8M), Australia ($2.69M), and Cote d'Ivoire ($2.5M).

Latest Trends

August 2024

About

Overview In August 2024 Italy's Raw Cotton exports accounted up to €3.49k and imports accounted up to €716k, resulting in a negative trade balance of €712k. Between August 2023 and August 2024 the exports of Italy's   Raw Cotton have decreased by €-194k (-98.2%) from €198k to €3.49k, while imports decreased by €-1.45M (-67%) from €2.17M to €716k.

Destinations In August 2024, Raw Cotton were exported mostly to China (€2.83k) and Spain (€661), and were imported mostly from Turkey (€352k), Indonesia (€191k), and Pakistan (€173k).

Growth In August 2024, the decrease in Raw Cotton's year-by-year exports was explained primarily by a decrease in exports to Turkey (€-436k or -99.7%), Poland (€-30.6k or -99.9%), and Japan (€-12.8k or -46.4%). In August 2024, the decrease in Raw Cotton's year-by-year imports was explained primarily by a decrease in imports from Indonesia (€-3M or -78.4%) and Turkey (€-240k or -12.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)€-194k(-98.2%)
IMPORT GROWTH (August 2023 - August 2024)€-1.45M(-67%)
MAIN DESTINATION (August 2024)China€2.83k

This section shows Raw Cotton'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 Raw Cotton over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$9.17M
IMPORTS (2022)$82.3M
NET TRADE (2022)-$73.1M

In 2022, Italy exported $9.17M in Raw Cotton. The main destinations of Italy exports on Raw Cotton were Turkey ($2.66M), Hungary ($2.28M), Bosnia and Herzegovina ($1.66M), United States ($392k), and Greece ($330k).

In 2022, Italy imported $82.3M in Raw Cotton, mainly from Turkey ($21.5M), Brazil ($11M), India ($8.42M), Greece ($7.45M), and United States ($4.74M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Raw Cotton EXPORT MARKETS FOR Italy WERE (2021 - 2022):
Hungary$1.14M (100%)
United States$389k (12.2k%)
Turkey$344k (14.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Raw Cotton BY Italy WERE (2021 - 2022):
India-$923k (-86.2%)
China-$434k (-82.2%)
Bosnia and Herzegovina-$148k (-8.2%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Raw Cotton were:
United States $9.03B
Brazil $3.71B
Australia $3.09B
In 2022, Italy's main importing competitors in Raw Cotton were:
China $4.55B
Vietnam $3.16B
Bangladesh $2.9B

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Trade Value of Raw Cotton by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALTurkey+ $1.91M
TOP IMPORT POTENTIALBrazil+ $7.87M

Raw Cotton’s highest export potential is Turkey. With an export gap of $1.91M.   Raw Cotton’s highest import potential is Brazil with an import gap of $7.87M.

See methodology.

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