Vinegar and substitutes for vinegar from acetic acid in Italy | The Observatory of Economic Complexity

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Exports In 2022, Italy exported N/A in Vinegar and substitutes for vinegar from acetic acid, making it the 1st largest exporter of Vinegar and substitutes for vinegar from acetic acid in the world. At the same year, Vinegar and substitutes for vinegar from acetic acid was the 388th most exported product in Italy. The main destination of Vinegar and substitutes for vinegar from acetic acid exports from Italy are: United States ($105M), Germany ($43.4M), France ($28.2M), Canada ($17.2M), and United Kingdom ($16.6M).

Imports In 2022, Italy imported $30M in Vinegar and substitutes for vinegar from acetic acid, becoming the 8th largest importer of Vinegar and substitutes for vinegar from acetic acid in the world. At the same year, Vinegar and substitutes for vinegar from acetic acid was the 1951st most imported product in Italy. Italy imports Vinegar and substitutes for vinegar from acetic acid primarily from: Greece ($9.82M), Spain ($4.64M), Germany ($3.15M), France ($2.56M), and Netherlands ($2.18M).

The fastest growing import markets in Vinegar and substitutes for vinegar from acetic acid for Italy between 2021 and 2022 were Greece ($3.1M), France ($1.09M), and Belgium ($307k).

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 Vinegar and substitutes for vinegar from acetic acid from Italy to the United States.

Latest Trends

March 2024

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Overview In March 2024 Italy's Vinegar and substitutes for vinegar from acetic acid exports accounted up to €28.2M and imports accounted up to €3.48M, resulting in a positive trade balance of €24.7M. Between March 2023 and March 2024 the exports of Italy's Vinegar and substitutes for vinegar from acetic acid have increased by €5.39M (23.6%) from €22.8M to €28.2M, while imports decreased by €-304k (-8.04%) from €3.78M to €3.48M.

Destinations In March 2024, Vinegar and substitutes for vinegar from acetic acid were exported mostly to N/A, and were imported mostly from Greece (€1.19M), Spain (€591k), Germany (€525k), Portugal (€449k), and France (€213k).

Growth In March 2024, the increase in Vinegar and substitutes for vinegar from acetic acid's year-by-year exports was explained primarily by an increase in exports to France (€141k or 7.83%), Belgium (€88.5k or 43.3%), and Poland (€46.8k or 49.6%). In March 2024, the decrease in Vinegar and substitutes for vinegar from acetic acid's year-by-year imports was explained primarily by a decrease in imports from United Kingdom (€-337k or -98.5%), Portugal (€-70.6k or -51.5%), and Austria (€-20.4k or -54.3%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (March 2023 - March 2024)€5.39M(23.6%)

IMPORT GROWTH (March 2023 - March 2024)€-304k(-8.04%)

This section shows Vinegar and substitutes for vinegar from acetic acid'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 Vinegar and substitutes for vinegar from acetic acid over time.

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