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2022
Exports $8.32BWorld Rnk 2 / 196
Flag Rnk 9 / 1217
2022
Destination $27.4M United States
2021 - 2022
FASTEST GROWING MARKET $27.4MFrance
2022
PRODUCT COMPLEXITY IN Wine-1.04Rnk 845 / 1025
2022
Imports $500MWorld Rnk 18 / 225
Flag Rnk 237 / 1215
2022
Origin $46.6M France
2021 - 2022
FASTEST GROWING ORIGIN $46.6MFrance
2022
ECONOMIC COMPLEXITY of Italy1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $8.32B in Wine, making it the 2nd largest exporter of Wine in the world. At the same year, Wine was the 9th most exported product in Italy. The main destination of Wine exports from Italy are: United States ($2.03B), Germany ($1.21B), United Kingdom ($895M), Switzerland ($461M), and Canada ($458M).

The fastest growing export markets for Wine of Italy between 2021 and 2022 were France ($27.4M), Japan ($26.1M), and Latvia ($25.5M).

Imports In 2022, Italy imported $500M in Wine, becoming the 18th largest importer of Wine in the world. At the same year, Wine was the 237th most imported product in Italy. Italy imports Wine primarily from: France ($353M), Spain ($75.2M), Germany ($12.5M), Portugal ($10.1M), and United Arab Emirates ($7.66M).

The fastest growing import markets in Wine for Italy between 2021 and 2022 were France ($46.6M), United Arab Emirates ($7.48M), and United Kingdom ($1.33M).

COMPANIES In 2023, leading companies such as Palm Bay International (1.42k), F&F Fine Wines (809), and Intercontinental Packaging (795) were at the forefront of shipping Wine from Italy to the United States.

Latest Trends

July 2024

About

Overview In July 2024 Italy's Wine exports accounted up to €733M and imports accounted up to €45.2M, resulting in a positive trade balance of €687M. Between July 2023 and July 2024 the exports of Italy's   Wine have increased by €63.1M (9.42%) from €670M to €733M, while imports increased by €1.22M (2.77%) from €44M to €45.2M.

Destinations In July 2024, Wine were exported mostly to United States (€184M), Germany (€109M), United Kingdom (€76.6M), Canada (€35.6M), and Switzerland (€34.3M), and were imported mostly from France (€32.8M), Spain (€8.07M), Germany (€1.21M), Denmark (€928k), and Poland (€491k).

Growth In July 2024, the increase in Wine's year-by-year exports was explained primarily by an increase in exports to Germany (€13.1M or 19%), France (€4.17M or 32%), and Sweden (€2.51M or 18.7%). In July 2024, the increase in Wine's year-by-year imports was explained primarily by an increase in imports from France (€9.95M or 56.3%), Spain (€1.02M or 31.1%), and Germany (€411k or 135%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)€63.1M(9.42%)
IMPORT GROWTH (July 2023 - July 2024)€1.22M(2.77%)
MAIN DESTINATION (July 2024)United States€184M

This section shows Wine'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 Wine over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$8.32B
IMPORTS (2022)$500M
NET TRADE (2022)$7.82B

In 2022, Italy exported $8.32B in Wine. The main destinations of Italy exports on Wine were United States ($2.03B), Germany ($1.21B), United Kingdom ($895M), Switzerland ($461M), and Canada ($458M).

In 2022, Italy imported $500M in Wine, mainly from France ($353M), Spain ($75.2M), Germany ($12.5M), Portugal ($10.1M), and United Arab Emirates ($7.66M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wine EXPORT MARKETS FOR Italy WERE (2021 - 2022):
France$27.4M (10.4%)
Japan$26.1M (14.1%)
Latvia$25.5M (47.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wine BY Italy WERE (2021 - 2022):
Germany-$129M (-9.62%)
United States-$53.6M (-2.58%)
Switzerland-$43.3M (-8.58%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Wine were:
France $13.1B
Spain $3.25B
In 2022, Italy's main importing competitors in Wine were:
United States $6.79B
United Kingdom $4.67B
Germany $3.02B

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Trade Value of Wine by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $96.4M
TOP IMPORT POTENTIALFrance+ $63.4M

Wine’s highest export potential is France. With an export gap of $96.4M.   Wine’s highest import potential is France with an import gap of $63.4M.

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