2022
Exports
$56.2MWorld Rnk 47 / 169
Flag Rnk 685 / 1217
2022
PRODUCT COMPLEXITY IN Crustaceans
-1.97Rnk 999 / 1025
2022
Imports
$887MWorld Rnk 6 / 217
Flag Rnk 150 / 1215
2022
ECONOMIC COMPLEXITY of Italy
1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $56.2M in Crustaceans, making it the 47th largest exporter of Crustaceans in the world. At the same year, Crustaceans was the 685th most exported product in Italy. The main destination of Crustaceans exports from Italy are: Spain ($22.9M), Albania ($4.34M), France ($4.3M), Croatia ($3.04M), and Malta ($2.87M).

The fastest growing export markets for Crustaceans of Italy between 2021 and 2022 were Spain ($10.9M), Albania ($1.77M), and Switzerland ($849k).

Imports In 2022, Italy imported $887M in Crustaceans, becoming the 6th largest importer of Crustaceans in the world. At the same year, Crustaceans was the 150th most imported product in Italy. Italy imports Crustaceans primarily from: Ecuador ($232M), Spain ($151M), Argentina ($79.2M), Ireland ($63.2M), and Denmark ($62.3M).

The fastest growing import markets in Crustaceans for Italy between 2021 and 2022 were Ecuador ($47.2M), Ireland ($11.6M), and Denmark ($9.45M).

COMPANIES In 2023, leading companies such as Prime Line Coffee (4) and Arhaus (1) were at the forefront of shipping Crustaceans from Italy to the United States.

Latest Trends

March 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2023 - March 2024)€-852k(-47.8%)
IMPORT GROWTH (March 2023 - March 2024)€-9.16M(-13.6%)
MAIN DESTINATION (March 2024)Spain€673k

This section shows Crustaceans'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 Crustaceans over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$56.2M
IMPORTS (2022)$887M
NET TRADE (2022)-$831M

In 2022, Italy exported $56.2M in Crustaceans. The main destinations of Italy exports on Crustaceans were Spain ($22.9M), Albania ($4.34M), France ($4.3M), Croatia ($3.04M), and Malta ($2.87M).

In 2022, Italy imported $887M in Crustaceans, mainly from Ecuador ($232M), Spain ($151M), Argentina ($79.2M), Ireland ($63.2M), and Denmark ($62.3M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Crustaceans EXPORT MARKETS FOR Italy WERE (2021 - 2022):
Spain$10.9M (90.5%)
Albania$1.77M (68.7%)
Switzerland$849k (98%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Crustaceans BY Italy WERE (2021 - 2022):
Romania-$499k (-47.9%)
Germany-$410k (-12.7%)
France-$342k (-7.38%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Crustaceans were:
Ecuador $7.98B
India $5.12B
Canada $3.51B
In 2022, Italy's main importing competitors in Crustaceans were:

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Trade Value of Crustaceans by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $4.43M
TOP IMPORT POTENTIALIndia+ $39M

Crustaceans’s highest export potential is France. With an export gap of $4.43M.   Crustaceans’s highest import potential is India with an import gap of $39M.

See methodology.

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