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Pricing

2022
Exports $11.8MWorld Rnk 21 / 164
Flag Rnk 2649 / 4584
falsefalseN/A
2021 - 2022
FASTEST GROWING MARKETfalseChile
2022
Imports $25.7MWorld Rnk 17 / 213
Flag Rnk 2091 / 4550
2021 - 2022
FASTEST GROWING ORIGINfalseN/A
2022
ECONOMIC COMPLEXITY of Italy1.29Rnk 17 / 133

About

The fastest growing export markets for Tea and mate extracts, essences and concentrates of Italy between 2021 and 2022 were Chile ($563k), Albania ($224k), and Turkey ($201k).

Imports In 2022, Italy imported $25.7M in Tea and mate extracts, essences and concentrates, becoming the 17th largest importer of Tea and mate extracts, essences and concentrates in the world. At the same year, Tea and mate extracts, essences and concentrates was the 2091st most imported product in Italy. Italy imports Tea and mate extracts, essences and concentrates primarily from: Netherlands ($10.6M), Ireland ($4.46M), Germany ($2.34M), Spain ($1.85M), and Croatia ($1.54M).

COMPANIES In 2023, leading companies such as CNH Industrial (4.79k), IKEA Group (2.86k), and Valbruna Stainless (2.05k) were at the forefront of shipping Tea and mate extracts, essences and concentrates from Italy to the United States.

Latest Trends

March 2024

About

Overview In March 2024 Italy's Tea and mate extracts, essences and concentrates exports accounted up to €1.03M and imports accounted up to €2.23M, resulting in a negative trade balance of €1.2M. Between March 2023 and March 2024 the exports of Italy's   Tea and mate extracts, essences and concentrates have increased by €12.9k (1.27%) from €1.01M to €1.03M, while imports decreased by €-800k (-26.4%) from €3.03M to €2.23M.

Destinations In March 2024, Tea and mate extracts, essences and concentrates were exported mostly to Spain (€378k), France (€137k), Germany (€129k), Bulgaria (€40.8k), and Austria (€32.4k), and were imported mostly from Bulgaria (€487k), Netherlands (€435k), Ireland (€403k), Indonesia (€370k), and Germany (€181k).

Growth In March 2024, the increase in Tea and mate extracts, essences and concentrates's year-by-year exports was explained primarily by an increase in exports to Germany (€312k or 764%), Portugal (€41.4k or 92.4%), and Saudi Arabia (€34.4k or 132%). In March 2024, the decrease in Tea and mate extracts, essences and concentrates's year-by-year imports was explained primarily by a decrease in imports from Netherlands (€-124k or -24.8%), China (€-84.3k or -47.9%), and Spain (€-14.2k or -25%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2023 - March 2024)€12.9k(1.27%)
IMPORT GROWTH (March 2023 - March 2024)€-800k(-26.4%)
MAIN DESTINATION (March 2024)Spain€378k

This section shows Tea and mate extracts, essences and concentrates'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 Tea and mate extracts, essences and concentrates over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$11.8M
IMPORTS (2022)$25.7M
NET TRADE (2022)-$13.9M

In 2022, Italy imported $25.7M in Tea and mate extracts, essences and concentrates, mainly from Netherlands ($10.6M), Ireland ($4.46M), Germany ($2.34M), Spain ($1.85M), and Croatia ($1.54M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tea and mate extracts, essences and concentrates EXPORT MARKETS FOR Italy WERE (2021 - 2022):
Chile$563k (5.38k%)
Albania$224k (246%)
Turkey$201k (431%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tea and mate extracts, essences and concentrates BY Italy WERE (2021 - 2022):
Spain-$2.18M (-36.4%)
Greece-$824k (-72.1%)
Germany-$385k (-48.3%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Tea and mate extracts, essences and concentrates were:
Ireland $223M
China $183M
United States $169M
In 2022, Italy's main importing competitors in Tea and mate extracts, essences and concentrates were:
United States $208M
Netherlands $106M
France $99.2M

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Trade Value of Tea and mate extracts, essences and concentrates by Exporters

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