2022
Exports
$287MWorld Rnk 7 / 196
Flag Rnk 346 / 1217
2022
PRODUCT COMPLEXITY IN Stranded Iron Wire
0.15Rnk 505 / 1025
2022
Imports
$229MWorld Rnk 12 / 222
Flag Rnk 409 / 1215
2022
ECONOMIC COMPLEXITY of Italy
1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $287M in Stranded Iron Wire, making it the 7th largest exporter of Stranded Iron Wire in the world. At the same year, Stranded Iron Wire was the 346th most exported product in Italy. The main destination of Stranded Iron Wire exports from Italy are: Poland ($44.7M), France ($28.4M), Spain ($26.5M), Germany ($19.2M), and United States ($18.4M).

The fastest growing export markets for Stranded Iron Wire of Italy between 2021 and 2022 were Poland ($14.9M), France ($11.7M), and Belgium ($8.86M).

Imports In 2022, Italy imported $229M in Stranded Iron Wire, becoming the 12th largest importer of Stranded Iron Wire in the world. At the same year, Stranded Iron Wire was the 409th most imported product in Italy. Italy imports Stranded Iron Wire primarily from: Romania ($28.3M), China ($26M), France ($20.2M), Belgium ($20M), and Germany ($19.1M).

The fastest growing import markets in Stranded Iron Wire for Italy between 2021 and 2022 were Romania ($8.1M), South Korea ($5.21M), and Thailand ($4.33M).

Latest Trends

March 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2023 - March 2024)€-5.22M(-26.2%)
IMPORT GROWTH (March 2023 - March 2024)€-6.35M(-29.6%)
MAIN DESTINATION (March 2024)Poland€2.5M

This section shows Stranded Iron Wire'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 Stranded Iron Wire over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$287M
IMPORTS (2022)$229M
NET TRADE (2022)$58.3M

In 2022, Italy exported $287M in Stranded Iron Wire. The main destinations of Italy exports on Stranded Iron Wire were Poland ($44.7M), France ($28.4M), Spain ($26.5M), Germany ($19.2M), and United States ($18.4M).

In 2022, Italy imported $229M in Stranded Iron Wire, mainly from Romania ($28.3M), China ($26M), France ($20.2M), Belgium ($20M), and Germany ($19.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Stranded Iron Wire EXPORT MARKETS FOR Italy WERE (2021 - 2022):
Poland$14.9M (50.1%)
France$11.7M (70.6%)
Belgium$8.86M (447%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Stranded Iron Wire BY Italy WERE (2021 - 2022):
Russia-$2.82M (-69.9%)
China-$2.74M (-20.7%)
United States-$1.7M (-8.47%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Stranded Iron Wire were:
In 2022, Italy's main importing competitors in Stranded Iron Wire were:

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Trade Value of Stranded Iron Wire by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $11.8M
TOP IMPORT POTENTIALChina+ $14.6M

Stranded Iron Wire’s highest export potential is United States. With an export gap of $11.8M.   Stranded Iron Wire’s highest import potential is China with an import gap of $14.6M.

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