2022
Exports
$14.4MWorld Rnk 7 / 104
Flag Rnk 927 / 1217
2022
PRODUCT COMPLEXITY IN Wood Barrels
0.13Rnk 510 / 1025
2022
Imports
$54.8MWorld Rnk 5 / 188
Flag Rnk 731 / 1215
2022
ECONOMIC COMPLEXITY of Italy
1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $14.4M in Wood Barrels, making it the 7th largest exporter of Wood Barrels in the world. At the same year, Wood Barrels was the 927th most exported product in Italy. The main destination of Wood Barrels exports from Italy are: United States ($3.49M), Switzerland ($2.15M), Austria ($1.46M), France ($1.31M), and Argentina ($1.19M).

The fastest growing export markets for Wood Barrels of Italy between 2021 and 2022 were Argentina ($980k), Austria ($769k), and United States ($688k).

Imports In 2022, Italy imported $54.8M in Wood Barrels, becoming the 5th largest importer of Wood Barrels in the world. At the same year, Wood Barrels was the 731st most imported product in Italy. Italy imports Wood Barrels primarily from: France ($45.9M), Austria ($5.28M), Croatia ($932k), Chile ($835k), and Hungary ($816k).

The fastest growing import markets in Wood Barrels for Italy between 2021 and 2022 were France ($10.4M), Croatia ($225k), and Chile ($106k).

COMPANIES In 2023, leading companies such as Ford Motor Company (2) and Pirelli Tires (2) were at the forefront of shipping Wood Barrels from Italy to the United States.

Latest Trends

March 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2023 - March 2024)€-71.4k(-21.8%)
IMPORT GROWTH (March 2023 - March 2024)€-894k(-27.6%)
MAIN DESTINATION (March 2024)France€109k

This section shows Wood Barrels'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 Wood Barrels over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$14.4M
IMPORTS (2022)$54.8M
NET TRADE (2022)-$40.4M

In 2022, Italy exported $14.4M in Wood Barrels. The main destinations of Italy exports on Wood Barrels were United States ($3.49M), Switzerland ($2.15M), Austria ($1.46M), France ($1.31M), and Argentina ($1.19M).

In 2022, Italy imported $54.8M in Wood Barrels, mainly from France ($45.9M), Austria ($5.28M), Croatia ($932k), Chile ($835k), and Hungary ($816k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wood Barrels EXPORT MARKETS FOR Italy WERE (2021 - 2022):
Argentina$980k (467%)
Austria$769k (111%)
United States$688k (24.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wood Barrels BY Italy WERE (2021 - 2022):
France-$827k (-38.6%)
Australia-$495k (-65.1%)
Azerbaijan-$332k (-99.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Wood Barrels were:
In 2022, Italy's main importing competitors in Wood Barrels were:

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Trade Value of Wood Barrels by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $973k
TOP IMPORT POTENTIALHungary+ $294k

Wood Barrels’s highest export potential is United States. With an export gap of $973k.   Wood Barrels’s highest import potential is Hungary with an import gap of $294k.

See methodology.

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