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2023
Exports $332MWorld Rnk 17 / 198
Flag Rnk 301 / 1216
2023
Destination $16.2M India
2022 - 2023
FASTEST GROWING MARKET $16.2MChina
2023
PRODUCT COMPLEXITY IN Scrap Aluminium-0.71Rnk 761 / 1025
2023
Imports $1.05BWorld Rnk 6 / 152
Flag Rnk 126 / 1213
2023
Origin $7.83M Germany
2022 - 2023
FASTEST GROWING ORIGIN $7.83MRomania
2023
ECONOMIC COMPLEXITY of Italy1.29Rnk 18 / 132

About

Exports In 2023, Italy exported $332M in Scrap Aluminium, making it the 17th largest exporter of Scrap Aluminium in the world. At the same year, Scrap Aluminium was the 301st most exported product in Italy. The main destination of Scrap Aluminium exports from Italy are: India ($46.2M), Germany ($45.8M), China ($32.4M), Spain ($26.9M), and Romania ($18.9M).

The fastest growing export markets for Scrap Aluminium of Italy between 2022 and 2023 were China ($16.2M), India ($13M), and Switzerland ($6.02M).

Imports In 2023, Italy imported $1.05B in Scrap Aluminium, becoming the 6th largest importer of Scrap Aluminium in the world. At the same year, Scrap Aluminium was the 126th most imported product in Italy. Italy imports Scrap Aluminium primarily from: Germany ($327M), France ($167M), Switzerland ($93.9M), Netherlands ($76.7M), and Austria ($57.9M).

The fastest growing import markets in Scrap Aluminium for Italy between 2022 and 2023 were Romania ($7.83M), Croatia ($6.47M), and Canada ($6.4M).

COMPANIES In 2023, leading companies such as Giorgio Armani (1) were at the forefront of shipping Scrap Aluminium from Italy to the United States.

Latest Trends

November 2024

About

Overview In November 2024 Italy's Scrap Aluminium exports accounted up to €33.1M and imports accounted up to €80.9M, resulting in a negative trade balance of €47.8M. Between November 2023 and November 2024 the exports of Italy's   Scrap Aluminium have increased by €2.52M (8.23%) from €30.6M to €33.1M, while imports increased by €3.54M (4.57%) from €77.4M to €80.9M.

Destinations In November 2024, Scrap Aluminium were exported mostly to Spain (€8.16M), Indonesia (€4.26M), Germany (€4M), China (€3.18M), and Poland (€1.92M), and were imported mostly from Germany (€22.6M), France (€15.6M), Switzerland (€7.89M), Austria (€5.08M), and Netherlands (€4.3M).

Growth In November 2024, the increase in Scrap Aluminium's year-by-year exports was explained primarily by an increase in exports to Spain (€2.23M or 72.5%), Belgium (€1.07M or 277%), and Indonesia (€639k or 48.6%). In November 2024, the increase in Scrap Aluminium's year-by-year imports was explained primarily by an increase in imports from United Kingdom (€905k or 100%), Belgium (€667k or 43.4%), and Saudi Arabia (€584k or 172%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)€2.52M(8.23%)
IMPORT GROWTH (November 2023 - November 2024)€3.54M(4.57%)
MAIN DESTINATION (November 2024)Spain€8.16M

This section shows Scrap Aluminium'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 Scrap Aluminium over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$332M
IMPORTS (2023)$1.05B
NET TRADE (2023)-$721M

In 2023, Italy exported $332M in Scrap Aluminium. The main destinations of Italy exports on Scrap Aluminium were India ($46.2M), Germany ($45.8M), China ($32.4M), Spain ($26.9M), and Romania ($18.9M).

In 2023, Italy imported $1.05B in Scrap Aluminium, mainly from Germany ($327M), France ($167M), Switzerland ($93.9M), Netherlands ($76.7M), and Austria ($57.9M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Scrap Aluminium EXPORT MARKETS FOR Italy WERE (2022 - 2023):
China$16.2M (99.7%)
India$13M (39.2%)
Switzerland$6.02M (95.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scrap Aluminium BY Italy WERE (2022 - 2023):
Slovenia-$16M (-75.5%)
Hungary-$11.9M (-55.6%)
Poland-$8.22M (-38.4%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Italy's main exporting competitors in Scrap Aluminium were:
United States $3.45B
Germany $2.06B
Canada $1.2B
In 2023, Italy's main importing competitors in Scrap Aluminium were:
India $3.57B
China $2.47B
Germany $1.68B

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Trade Value of Scrap Aluminium by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $18.3M
TOP IMPORT POTENTIALUnited States+ $24.3M

Scrap Aluminium’s highest export potential is India. With an export gap of $18.3M.   Scrap Aluminium’s highest import potential is United States with an import gap of $24.3M.

See methodology.

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