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2023
Exports $3.44MWorld Rnk 49 / 134
Flag Rnk 1077 / 1216
2023
Destination $308k Hungary
2022 - 2023
FASTEST GROWING MARKET $308kRomania
2023
PRODUCT COMPLEXITY IN Raw Cotton-2.55Rnk 1021 / 1025
2023
Imports $61.6MWorld Rnk 22 / 179
Flag Rnk 697 / 1213
2023
Origin $2.27M Turkey
2022 - 2023
FASTEST GROWING ORIGIN $2.27MGermany
2023
ECONOMIC COMPLEXITY of Italy1.29Rnk 18 / 132

About

Exports In 2023, Italy exported $3.44M in Raw Cotton, making it the 49th largest exporter of Raw Cotton in the world. At the same year, Raw Cotton was the 1077th most exported product in Italy. The main destination of Raw Cotton exports from Italy are: Hungary ($680k), France ($478k), Romania ($322k), Egypt ($309k), and United Arab Emirates ($289k).

The fastest growing export markets for Raw Cotton of Italy between 2022 and 2023 were Romania ($308k), Egypt ($305k), and Denmark ($246k).

Imports In 2023, Italy imported $61.6M in Raw Cotton, becoming the 22nd largest importer of Raw Cotton in the world. At the same year, Raw Cotton was the 697th most imported product in Italy. Italy imports Raw Cotton primarily from: Turkey ($18.4M), Brazil ($6.64M), Germany ($6.54M), India ($5.45M), and Greece ($5.38M).

The fastest growing import markets in Raw Cotton for Italy between 2022 and 2023 were Germany ($2.27M), Kenya ($364k), and Uganda ($267k).

Latest Trends

November 2024

About

Overview In November 2024 Italy's Raw Cotton exports accounted up to €119k and imports accounted up to €1.3M, resulting in a negative trade balance of €1.18M. Between November 2023 and November 2024 the exports of Italy's   Raw Cotton have increased by €41k (52.6%) from €77.9k to €119k, while imports decreased by €-915k (-41.4%) from €2.21M to €1.3M.

Destinations In November 2024, Raw Cotton were exported mostly to Germany (€63.2k), Portugal (€40.5k), China (€7.12k), Japan (€4.82k), and Morocco (€1.4k), and were imported mostly from Turkey (€1M), Indonesia (€173k), Egypt (€69.8k), Pakistan (€43.9k), and China (€5.14k).

Growth In November 2024, the increase in Raw Cotton's year-by-year exports was explained primarily by an increase in exports to . In November 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 (November 2023 - November 2024)€41k(52.6%)
IMPORT GROWTH (November 2023 - November 2024)€-915k(-41.4%)
MAIN DESTINATION (November 2024)Germany€63.2k

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 (2023)$3.44M
IMPORTS (2023)$61.6M
NET TRADE (2023)-$58.2M

In 2023, Italy exported $3.44M in Raw Cotton. The main destinations of Italy exports on Raw Cotton were Hungary ($680k), France ($478k), Romania ($322k), Egypt ($309k), and United Arab Emirates ($289k).

In 2023, Italy imported $61.6M in Raw Cotton, mainly from Turkey ($18.4M), Brazil ($6.64M), Germany ($6.54M), India ($5.45M), and Greece ($5.38M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Raw Cotton EXPORT MARKETS FOR Italy WERE (2022 - 2023):
Romania$308k (2.3k%)
Egypt$305k (8.55k%)
Denmark$246k (286k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Raw Cotton BY Italy WERE (2022 - 2023):
India-$1.09M (-99.8%)
Turkey-$511k (-92.8%)
Spain-$305k (-82.1%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Italy's main exporting competitors in Raw Cotton were:
United States $5.56B
Brazil $3.06B
Australia $2.76B
In 2023, Italy's main importing competitors in Raw Cotton were:
China $4.36B
Vietnam $2.48B
Bangladesh $2.22B

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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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