2022
Exports
$332MWorld Rnk 14 / 172
Flag Rnk 319 / 1217
2022
PRODUCT COMPLEXITY IN Glass Fibers
0.47Rnk 376 / 1025
2022
Imports
$692MWorld Rnk 4 / 223
Flag Rnk 190 / 1215
2022
ECONOMIC COMPLEXITY of Italy
1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $332M in Glass Fibers, making it the 14th largest exporter of Glass Fibers in the world. At the same year, Glass Fibers was the 319th most exported product in Italy. The main destination of Glass Fibers exports from Italy are: Germany ($47.7M), France ($37.5M), South Korea ($27.3M), United States ($23.6M), and Spain ($21.8M).

The fastest growing export markets for Glass Fibers of Italy between 2021 and 2022 were United States ($9.24M), South Korea ($8.98M), and Germany ($7.33M).

Imports In 2022, Italy imported $692M in Glass Fibers, becoming the 4th largest importer of Glass Fibers in the world. At the same year, Glass Fibers was the 190th most imported product in Italy. Italy imports Glass Fibers primarily from: China ($96.5M), Germany ($71.3M), France ($70.6M), Belgium ($44.4M), and Czechia ($44M).

The fastest growing import markets in Glass Fibers for Italy between 2021 and 2022 were China ($23.7M), France ($12.2M), and Malaysia ($10M).

COMPANIES In 2023, leading companies such as Pirelli Tires (5) and Euromarket Designs (2) were at the forefront of shipping Glass Fibers from Italy to the United States.

Latest Trends

March 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2023 - March 2024)€-6.9M(-24.2%)
IMPORT GROWTH (March 2023 - March 2024)€-10.3M(-20.2%)
MAIN DESTINATION (March 2024)Germany€3.54M

This section shows Glass Fibers'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 Glass Fibers over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$332M
IMPORTS (2022)$692M
NET TRADE (2022)-$360M

In 2022, Italy exported $332M in Glass Fibers. The main destinations of Italy exports on Glass Fibers were Germany ($47.7M), France ($37.5M), South Korea ($27.3M), United States ($23.6M), and Spain ($21.8M).

In 2022, Italy imported $692M in Glass Fibers, mainly from China ($96.5M), Germany ($71.3M), France ($70.6M), Belgium ($44.4M), and Czechia ($44M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Glass Fibers EXPORT MARKETS FOR Italy WERE (2021 - 2022):
United States$9.24M (64.3%)
South Korea$8.98M (49.2%)
Germany$7.33M (18.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Glass Fibers BY Italy WERE (2021 - 2022):
France-$6.08M (-13.9%)
Hungary-$2.47M (-20.2%)
Russia-$1.82M (-59.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Glass Fibers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $17.4M
TOP IMPORT POTENTIALChina+ $30M

Glass Fibers’s highest export potential is France. With an export gap of $17.4M.   Glass Fibers’s highest import potential is China with an import gap of $30M.

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