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2022
Exports $32.3MWorld Rnk 8 / 183
Flag Rnk 779 / 1217
2022
Destination $537k United States
2021 - 2022
FASTEST GROWING MARKET $537kGermany
2022
PRODUCT COMPLEXITY IN Wood Kitchenware-0.35Rnk 662 / 1025
2022
Imports $64.9MWorld Rnk 11 / 220
Flag Rnk 698 / 1215
2022
Origin $7.63M China
2021 - 2022
FASTEST GROWING ORIGIN $7.63MChina
2022
ECONOMIC COMPLEXITY of Italy1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $32.3M in Wood Kitchenware, making it the 8th largest exporter of Wood Kitchenware in the world. At the same year, Wood Kitchenware was the 779th most exported product in Italy. The main destination of Wood Kitchenware exports from Italy are: United States ($7.23M), France ($4.39M), Germany ($3.9M), Spain ($2.3M), and Canada ($1.44M).

The fastest growing export markets for Wood Kitchenware of Italy between 2021 and 2022 were Germany ($537k), Spain ($512k), and Croatia ($378k).

Imports In 2022, Italy imported $64.9M in Wood Kitchenware, becoming the 11th largest importer of Wood Kitchenware in the world. At the same year, Wood Kitchenware was the 698th most imported product in Italy. Italy imports Wood Kitchenware primarily from: China ($38.3M), Germany ($4.62M), Tunisia ($4.4M), France ($2.32M), and Spain ($2.09M).

The fastest growing import markets in Wood Kitchenware for Italy between 2021 and 2022 were China ($7.63M), Tunisia ($654k), and France ($334k).

Latest Trends

March 2024

About

Overview In March 2024 Italy's Wood Kitchenware exports accounted up to €1.91M and imports accounted up to €3.47M, resulting in a negative trade balance of €1.56M. Between March 2023 and March 2024 the exports of Italy's   Wood Kitchenware have decreased by €-612k (-24.3%) from €2.52M to €1.91M, while imports increased by €755k (27.8%) from €2.72M to €3.47M.

Destinations In March 2024, Wood Kitchenware were exported mostly to Germany (€648k), France (€348k), United States (€333k), Spain (€232k), and Croatia (€98.6k), and were imported mostly from China (€2.09M), Romania (€332k), Germany (€292k), Spain (€154k), and Poland (€141k).

Growth In March 2024, the decrease in Wood Kitchenware's year-by-year exports was explained primarily by a decrease in exports to United States (€-344k or -50.2%), Austria (€-20.7k or -55%), and Netherlands (€-9.47k or -20.2%). In March 2024, the increase in Wood Kitchenware's year-by-year imports was explained primarily by an increase in imports from Romania (€77.1k or 49.5%), Czechia (€39.4k or 137%), and Greece (€13k or 77.5%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2023 - March 2024)€-612k(-24.3%)
IMPORT GROWTH (March 2023 - March 2024)€755k(27.8%)
MAIN DESTINATION (March 2024)Germany€648k

This section shows Wood Kitchenware'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 Kitchenware over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$32.3M
IMPORTS (2022)$64.9M
NET TRADE (2022)-$32.6M

In 2022, Italy exported $32.3M in Wood Kitchenware. The main destinations of Italy exports on Wood Kitchenware were United States ($7.23M), France ($4.39M), Germany ($3.9M), Spain ($2.3M), and Canada ($1.44M).

In 2022, Italy imported $64.9M in Wood Kitchenware, mainly from China ($38.3M), Germany ($4.62M), Tunisia ($4.4M), France ($2.32M), and Spain ($2.09M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wood Kitchenware EXPORT MARKETS FOR Italy WERE (2021 - 2022):
Germany$537k (15.9%)
Spain$512k (28.6%)
Croatia$378k (81%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wood Kitchenware BY Italy WERE (2021 - 2022):
United States-$2.32M (-24.3%)
France-$1.21M (-21.6%)
Canada-$435k (-23.2%)
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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 Kitchenware were:
China $1.58B
Vietnam $93M
India $90.3M
In 2022, Italy's main importing competitors in Wood Kitchenware were:
United States $481M
Japan $272M
Germany $176M

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Trade Value of Wood Kitchenware by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.86M
TOP IMPORT POTENTIALIndia+ $870k

Wood Kitchenware’s highest export potential is United States. With an export gap of $1.86M.   Wood Kitchenware’s highest import potential is India with an import gap of $870k.

See methodology.

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