2022
Exports
$28.8MWorld Rnk 15 / 166
Flag Rnk 800 / 1217
2022
PRODUCT COMPLEXITY IN Locust beans, seaweed, sugar beet, cane, for food
-1.76Rnk 977 / 1025
2022
Imports
$253MWorld Rnk 1 / 197
Flag Rnk 389 / 1215
2022
ECONOMIC COMPLEXITY of Italy
1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $28.8M in Locust beans, seaweed, sugar beet, cane, for food, making it the 15th largest exporter of Locust beans, seaweed, sugar beet, cane, for food in the world. At the same year, Locust beans, seaweed, sugar beet, cane, for food was the 800th most exported product in Italy. The main destination of Locust beans, seaweed, sugar beet, cane, for food exports from Italy are: Switzerland ($18.6M), Spain ($4.71M), Sweden ($1.53M), Denmark ($590k), and France ($527k).

The fastest growing export markets for Locust beans, seaweed, sugar beet, cane, for food of Italy between 2021 and 2022 were Switzerland ($11.2M), Spain ($1.07M), and Sweden ($416k).

Imports In 2022, Italy imported $253M in Locust beans, seaweed, sugar beet, cane, for food, becoming the 1st largest importer of Locust beans, seaweed, sugar beet, cane, for food in the world. At the same year, Locust beans, seaweed, sugar beet, cane, for food was the 389th most imported product in Italy. Italy imports Locust beans, seaweed, sugar beet, cane, for food primarily from: Morocco ($140M), Spain ($46.7M), Portugal ($17.2M), Algeria ($15.7M), and Turkey ($10.3M).

The fastest growing import markets in Locust beans, seaweed, sugar beet, cane, for food for Italy between 2021 and 2022 were Morocco ($34.2M), Spain ($11.6M), and Algeria ($6.82M).

COMPANIES In 2023, leading companies such as Cardinal Wine Group (2) were at the forefront of shipping Locust beans, seaweed, sugar beet, cane, for food from Italy to the United States.

Latest Trends

March 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2023 - March 2024)€36.7k(5.19%)
IMPORT GROWTH (March 2023 - March 2024)€-5.47M(-67.2%)
MAIN DESTINATION (March 2024)Sweden€258k

This section shows Locust beans, seaweed, sugar beet, cane, for 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 Locust beans, seaweed, sugar beet, cane, for food over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$28.8M
IMPORTS (2022)$253M
NET TRADE (2022)-$224M

In 2022, Italy exported $28.8M in Locust beans, seaweed, sugar beet, cane, for food. The main destinations of Italy exports on Locust beans, seaweed, sugar beet, cane, for food were Switzerland ($18.6M), Spain ($4.71M), Sweden ($1.53M), Denmark ($590k), and France ($527k).

In 2022, Italy imported $253M in Locust beans, seaweed, sugar beet, cane, for food, mainly from Morocco ($140M), Spain ($46.7M), Portugal ($17.2M), Algeria ($15.7M), and Turkey ($10.3M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Locust beans, seaweed, sugar beet, cane, for food EXPORT MARKETS FOR Italy WERE (2021 - 2022):
Switzerland$11.2M (152%)
Spain$1.07M (29.6%)
Sweden$416k (37.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Locust beans, seaweed, sugar beet, cane, for food BY Italy WERE (2021 - 2022):
Thailand-$189k (-32%)
France-$162k (-23.5%)
Chile-$107k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Locust beans, seaweed, sugar beet, cane, for food were:
In 2022, Italy's main importing competitors in Locust beans, seaweed, sugar beet, cane, for food were:
China $202M
Spain $182M

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Trade Value of Locust beans, seaweed, sugar beet, cane, for food by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $870k
TOP IMPORT POTENTIALChina+ $3.66M

Locust beans, seaweed, sugar beet, cane, for food’s highest export potential is France. With an export gap of $870k.   Locust beans, seaweed, sugar beet, cane, for food’s highest import potential is China with an import gap of $3.66M.

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