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2022
ExportsfalseWorld Rnk 9 / 189
Flag Rnk 127 / 1217
2021 - 2022
FASTEST GROWING MARKET $21.3MRussia
2022
PRODUCT COMPLEXITY IN Animal Food-0.27Rnk 637 / 1025
2022
Origin $42.2M France
2021 - 2022
FASTEST GROWING ORIGIN $42.2MThailand
2022
ECONOMIC COMPLEXITY of Italy1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $1.26B in Animal Food, making it the 9th largest exporter of Animal Food in the world. At the same year, Animal Food was the 127th most exported product in Italy. The main destination of Animal Food exports from Italy are: Russia ($104M), France ($72M), Greece ($69.6M), Spain ($65.4M), and Croatia ($56.6M).

The fastest growing export markets for Animal Food of Italy between 2021 and 2022 were Russia ($21.3M), Vietnam ($21.2M), and Indonesia ($18M).

The fastest growing import markets in Animal Food for Italy between 2021 and 2022 were Thailand ($42.2M), Netherlands ($20.2M), and France ($19.5M).

COMPANIES In 2023, leading companies such as Prime Line Coffee (3) were at the forefront of shipping Animal Food from Italy to the United States.

Latest Trends

March 2024

About

Overview In March 2024 Italy's Animal Food exports accounted up to €89.9M and imports accounted up to €130M, resulting in a negative trade balance of €40.1M. Between March 2023 and March 2024 the exports of Italy's   Animal Food have decreased by €-12.7M (-12.4%) from €103M to €89.9M, while imports decreased by €-20.2M (-13.5%) from €150M to €130M.

Destinations In March 2024, Animal Food were exported mostly to France (€7.62M), Spain (€6.42M), Greece (€6.09M), Netherlands (€5.64M), and Philippines (€5.1M), and were imported mostly from N/A.

Growth In March 2024, the decrease in Animal Food's year-by-year exports was explained primarily by a decrease in exports to Philippines (€-3.53M or -54.5%), Germany (€-1.72M or -39.8%), and Indonesia (€-1.09M or -81%). In March 2024, the decrease in Animal Food's year-by-year imports was explained primarily by a decrease in imports from Thailand (€-3.95M or -40.7%), Serbia (€-621k or -36.7%), and Slovenia (€-188k or -98.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2023 - March 2024)€-12.7M(-12.4%)
IMPORT GROWTH (March 2023 - March 2024)€-20.2M(-13.5%)
MAIN DESTINATION (March 2024)France€7.62M

This section shows Animal Food'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 Animal Food over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.26B

In 2022, Italy exported $1.26B in Animal Food. The main destinations of Italy exports on Animal Food were Russia ($104M), France ($72M), Greece ($69.6M), Spain ($65.4M), and Croatia ($56.6M).

In N/A, Italy imported N/A in Animal Food, mainly from France ($301M), Germany ($235M), Thailand ($183M), Netherlands ($130M), and Spain ($111M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Animal Food EXPORT MARKETS FOR Italy WERE (2021 - 2022):
Russia$21.3M (25.9%)
Vietnam$21.2M (200%)
Indonesia$18M (222%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Animal Food BY Italy WERE (2021 - 2022):
Philippines-$55.8M (-62.6%)
China-$4.05M (-11.2%)
Ecuador-$2.05M (-27.8%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Animal Food were:
Germany $4.76B
Netherlands $4.41B
United States $4.34B
In 2022, Italy's main importing competitors in Animal Food were:
Germany $3.39B
United States $3.02B
Netherlands $1.95B

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Trade Value of Animal Food by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $47.6M
TOP IMPORT POTENTIALFrance+ $64.7M

Animal Food’s highest export potential is France. With an export gap of $47.6M.   Animal Food’s highest import potential is France with an import gap of $64.7M.

See methodology.

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