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2022
Exports $24MWorld Rnk 3 / 48
Flag Rnk 843 / 1217
2022
Destination $1.45M Romania
2021 - 2022
FASTEST GROWING MARKET $1.45MTunisia
2022
Imports $40.1MWorld Rnk 4 / 83
Flag Rnk 794 / 1215
2022
Origin $4.97M China
2021 - 2022
FASTEST GROWING ORIGIN $4.97MSlovenia
2022
ECONOMIC COMPLEXITY of Italy1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $24M in Raw Silk, making it the 3rd largest exporter of Raw Silk in the world. At the same year, Raw Silk was the 843rd most exported product in Italy. The main destination of Raw Silk exports from Italy are: Romania ($18.5M), France ($2.26M), Tunisia ($2.1M), Bulgaria ($225k), and United Kingdom ($137k).

The fastest growing export markets for Raw Silk of Italy between 2021 and 2022 were Tunisia ($1.45M), France ($1.4M), and Bulgaria ($158k).

Imports In 2018, Italy imported $40.1M in Raw Silk, becoming the 4th largest importer of Raw Silk in the world. At the same year, Raw Silk was the 794th most imported product in Italy. Italy imports Raw Silk primarily from: China ($23.7M), Romania ($7.35M), Slovenia ($4.99M), Brazil ($3.13M), and Germany ($373k).

The fastest growing import markets in Raw Silk for Italy between 2021 and 2022 were Slovenia ($4.97M), Romania ($1.77M), and Brazil ($1.13M).

Latest Trends

March 2024

About

Overview In March 2024 Italy's Raw Silk exports accounted up to €1.42M and imports accounted up to €1.14M, resulting in a positive trade balance of €281k. Between March 2023 and March 2024 the exports of Italy's   Raw Silk have decreased by €-1.04M (-42.2%) from €2.46M to €1.42M, while imports decreased by €-1.1M (-49.2%) from €2.24M to €1.14M.

Destinations In March 2024, Raw Silk were exported mostly to Romania (€1.05M), Tunisia (€252k), France (€101k), United Kingdom (€16.4k), and United States (€1.89k), and were imported mostly from Romania (€868k) and China (€271k).

Growth In March 2024, the decrease in Raw Silk's year-by-year exports was explained primarily by a decrease in exports to Austria (€-12.8k or -90.5%), Spain (€-1.91k or -99.5%), and Poland (€-1.03k or -92.6%). In March 2024, the decrease in Raw Silk's year-by-year imports was explained primarily by a decrease in imports from China (€-385k or -11.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2023 - March 2024)€-1.04M(-42.2%)
IMPORT GROWTH (March 2023 - March 2024)€-1.1M(-49.2%)
MAIN DESTINATION (March 2024)Romania€1.05M

This section shows Raw Silk'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 Silk over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$24M
IMPORTS (2022)$40.1M
NET TRADE (2022)-$16.1M

In 2022, Italy exported $24M in Raw Silk. The main destinations of Italy exports on Raw Silk were Romania ($18.5M), France ($2.26M), Tunisia ($2.1M), Bulgaria ($225k), and United Kingdom ($137k).

In 2022, Italy imported $40.1M in Raw Silk, mainly from China ($23.7M), Romania ($7.35M), Slovenia ($4.99M), Brazil ($3.13M), and Germany ($373k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Raw Silk EXPORT MARKETS FOR Italy WERE (2021 - 2022):
Tunisia$1.45M (226%)
France$1.4M (161%)
Bulgaria$158k (237%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Raw Silk BY Italy WERE (2021 - 2022):
Romania-$6.67M (-26.5%)
Poland-$139k (-93.5%)
Turkey-$67.6k (-100%)
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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 Silk were:
China $276M
Vietnam $98.7M
In 2022, Italy's main importing competitors in Raw Silk were:
India $221M
Romania $69.8M
Vietnam $45.2M

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Trade Value of Raw Silk by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $91.3k
TOP IMPORT POTENTIALVietnam+ $300k

Raw Silk’s highest export potential is Germany. With an export gap of $91.3k.   Raw Silk’s highest import potential is Vietnam with an import gap of $300k.

See methodology.

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