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2022
Exports $88.1MWorld Rnk 1 / 118
Flag Rnk 600 / 1217
2022
Destination $1.31M Germany
2021 - 2022
FASTEST GROWING MARKET $1.31MPortugal
2022
Imports $5.27MWorld Rnk 16 / 174
Flag Rnk 1099 / 1215
2022
Origin $439k China
2021 - 2022
FASTEST GROWING ORIGIN $439kRomania
2022
ECONOMIC COMPLEXITY of Italy1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $88.1M in Retail Wool or Animal Hair Yarn, making it the 1st largest exporter of Retail Wool or Animal Hair Yarn in the world. At the same year, Retail Wool or Animal Hair Yarn was the 600th most exported product in Italy. The main destination of Retail Wool or Animal Hair Yarn exports from Italy are: Germany ($28.2M), Norway ($11.2M), Switzerland ($9.64M), Denmark ($8.94M), and Netherlands ($3.42M).

The fastest growing export markets for Retail Wool or Animal Hair Yarn of Italy between 2021 and 2022 were Portugal ($1.31M), South Korea ($414k), and Finland ($309k).

Imports In 2022, Italy imported $5.27M in Retail Wool or Animal Hair Yarn, becoming the 16th largest importer of Retail Wool or Animal Hair Yarn in the world. At the same year, Retail Wool or Animal Hair Yarn was the 1099th most imported product in Italy. Italy imports Retail Wool or Animal Hair Yarn primarily from: China ($976k), Belgium ($958k), Romania ($808k), Germany ($769k), and Sweden ($338k).

The fastest growing import markets in Retail Wool or Animal Hair Yarn for Italy between 2021 and 2022 were Romania ($439k), China ($295k), and Bolivia ($66.6k).

COMPANIES In 2023, leading companies such as Arhaus (10) were at the forefront of shipping Retail Wool or Animal Hair Yarn from Italy to the United States.

Latest Trends

July 2024

About

Overview In July 2024 Italy's Retail Wool or Animal Hair Yarn exports accounted up to €10M and imports accounted up to €127k, resulting in a positive trade balance of €9.92M. Between July 2023 and July 2024 the exports of Italy's   Retail Wool or Animal Hair Yarn have increased by €3.33M (49.6%) from €6.72M to €10M, while imports decreased by €-183k (-59%) from €309k to €127k.

Destinations In July 2024, Retail Wool or Animal Hair Yarn were exported mostly to Germany (€3.45M), Norway (€1.52M), Denmark (€1.49M), Switzerland (€834k), and France (€447k), and were imported mostly from Indonesia (€35.6k), China (€35.4k), Germany (€26.7k), Romania (€24.3k), and United Kingdom (€2.12k).

Growth In July 2024, the increase in Retail Wool or Animal Hair Yarn's year-by-year exports was explained primarily by an increase in exports to Portugal (€296k or 540%), Germany (€251k or 14.7%), and Romania (€54.9k or 1.9k%). In July 2024, the decrease in Retail Wool or Animal Hair Yarn's year-by-year imports was explained primarily by a decrease in imports from Romania (€-145k or -95.8%), Peru (€-84.3k or -96.3%), and China (€-41.9k or -84.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)€3.33M(49.6%)
IMPORT GROWTH (July 2023 - July 2024)€-183k(-59%)
MAIN DESTINATION (July 2024)Germany€3.45M

This section shows Retail Wool or Animal Hair Yarn'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 Retail Wool or Animal Hair Yarn over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$88.1M
IMPORTS (2022)$5.27M
NET TRADE (2022)$82.8M

In 2022, Italy exported $88.1M in Retail Wool or Animal Hair Yarn. The main destinations of Italy exports on Retail Wool or Animal Hair Yarn were Germany ($28.2M), Norway ($11.2M), Switzerland ($9.64M), Denmark ($8.94M), and Netherlands ($3.42M).

In 2022, Italy imported $5.27M in Retail Wool or Animal Hair Yarn, mainly from China ($976k), Belgium ($958k), Romania ($808k), Germany ($769k), and Sweden ($338k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Retail Wool or Animal Hair Yarn EXPORT MARKETS FOR Italy WERE (2021 - 2022):
Portugal$1.31M (280%)
South Korea$414k (82.6%)
Finland$309k (137%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Retail Wool or Animal Hair Yarn BY Italy WERE (2021 - 2022):
Germany-$4.41M (-13.5%)
United Kingdom-$3.22M (-50.4%)
France-$2.59M (-47.8%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Retail Wool or Animal Hair Yarn were:
Peru $58.9M
Germany $35.4M
In 2022, Italy's main importing competitors in Retail Wool or Animal Hair Yarn were:
Germany $72.4M
Norway $53.7M
United States $41.8M

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Trade Value of Retail Wool or Animal Hair Yarn by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.01M
TOP IMPORT POTENTIALGermany+ $153k

Retail Wool or Animal Hair Yarn’s highest export potential is United States. With an export gap of $1.01M.   Retail Wool or Animal Hair Yarn’s highest import potential is Germany with an import gap of $153k.

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