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2022
Exports $441MWorld Rnk 10 / 177
Flag Rnk 262 / 1217
2022
Destination $11.3M Switzerland
2021 - 2022
FASTEST GROWING MARKET $11.3MNigeria
2022
PRODUCT COMPLEXITY IN Wood Carpentry-0.052Rnk 563 / 1025
2022
Imports $818MWorld Rnk 6 / 222
Flag Rnk 162 / 1215
2022
Origin $31.8M Austria
2021 - 2022
FASTEST GROWING ORIGIN $31.8MChina
2022
ECONOMIC COMPLEXITY of Italy1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $441M in Wood Carpentry, making it the 10th largest exporter of Wood Carpentry in the world. At the same year, Wood Carpentry was the 262nd most exported product in Italy. The main destination of Wood Carpentry exports from Italy are: Switzerland ($67.2M), France ($57.2M), United States ($36.5M), Austria ($28.2M), and Germany ($27.4M).

The fastest growing export markets for Wood Carpentry of Italy between 2021 and 2022 were Nigeria ($11.3M), United States ($8.06M), and Poland ($6.11M).

Imports In 2022, Italy imported $818M in Wood Carpentry, becoming the 6th largest importer of Wood Carpentry in the world. At the same year, Wood Carpentry was the 162nd most imported product in Italy. Italy imports Wood Carpentry primarily from: Austria ($412M), China ($81.7M), Germany ($63.8M), Poland ($36.2M), and Hungary ($27.7M).

The fastest growing import markets in Wood Carpentry for Italy between 2021 and 2022 were China ($31.8M), Croatia ($9.62M), and Greece ($8.87M).

COMPANIES In 2023, leading companies such as ABB Motors and Mechanical (11) and IKEA Group (6) were at the forefront of shipping Wood Carpentry from Italy to the United States.

Latest Trends

March 2024

About

Overview In March 2024 Italy's Wood Carpentry exports accounted up to €20.6M and imports accounted up to €55.8M, resulting in a negative trade balance of €35.2M. Between March 2023 and March 2024 the exports of Italy's   Wood Carpentry have decreased by €-1.53M (-6.93%) from €22.1M to €20.6M, while imports decreased by €-10.5M (-15.9%) from €66.4M to €55.8M.

Destinations In March 2024, Wood Carpentry were exported mostly to France (€5.4M), Switzerland (€3.63M), South Korea (€2.66M), Germany (€1.99M), and United States (€1.79M), and were imported mostly from Austria (€27.3M), Germany (€8.67M), China (€4.52M), Poland (€4.15M), and Hungary (€3.19M).

Growth In March 2024, the decrease in Wood Carpentry's year-by-year exports was explained primarily by a decrease in exports to Switzerland (€-616k or -16.8%), United States (€-203k or -9.36%), and France (€-199k or -5.46%). In March 2024, the decrease in Wood Carpentry's year-by-year imports was explained primarily by a decrease in imports from Austria (€-3.71M or -15.1%), China (€-2.36M or -31.1%), and Ukraine (€-311k or -53.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2023 - March 2024)€-1.53M(-6.93%)
IMPORT GROWTH (March 2023 - March 2024)€-10.5M(-15.9%)
MAIN DESTINATION (March 2024)France€5.4M

This section shows Wood Carpentry'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 Carpentry over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$441M
IMPORTS (2022)$818M
NET TRADE (2022)-$377M

In 2022, Italy exported $441M in Wood Carpentry. The main destinations of Italy exports on Wood Carpentry were Switzerland ($67.2M), France ($57.2M), United States ($36.5M), Austria ($28.2M), and Germany ($27.4M).

In 2022, Italy imported $818M in Wood Carpentry, mainly from Austria ($412M), China ($81.7M), Germany ($63.8M), Poland ($36.2M), and Hungary ($27.7M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wood Carpentry EXPORT MARKETS FOR Italy WERE (2021 - 2022):
Nigeria$11.3M (500%)
United States$8.06M (28.3%)
Poland$6.11M (311%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wood Carpentry BY Italy WERE (2021 - 2022):
Austria-$18.2M (-39.2%)
Germany-$17.5M (-39%)
France-$9.36M (-14.1%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Wood Carpentry were:
Canada $1.96B
China $1.89B
Austria $1.87B
In 2022, Italy's main importing competitors in Wood Carpentry were:
United States $3.74B
Japan $1.85B
Germany $1.72B

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Trade Value of Wood Carpentry by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $23.3M
N/AN/AN/A

Wood Carpentry’s highest export potential is United States. With an export gap of $23.3M.   Wood Carpentry’s highest import potential is N/A with an import gap of N/A.

See methodology.

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