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Pricing

2022
Exports $24.9MWorld Rnk 7 / 82
Flag Rnk 835 / 1217
2022
Destination $11.9M Netherlands
2021 - 2022
FASTEST GROWING MARKET $11.9MNetherlands
2022
PRODUCT COMPLEXITY IN Other Animal Fats0.58Rnk 329 / 1025
2022
Imports $17.6MWorld Rnk 8 / 154
Flag Rnk 942 / 1215
2022
Origin $222kN/A
2021 - 2022
FASTEST GROWING ORIGIN $222kCzechia
2022
ECONOMIC COMPLEXITY of Italy1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $24.9M in Other Animal Fats, making it the 7th largest exporter of Other Animal Fats in the world. At the same year, Other Animal Fats was the 835th most exported product in Italy. The main destination of Other Animal Fats exports from Italy are: Netherlands ($16.3M), Spain ($5.98M), Austria ($1.81M), Belgium ($389k), and Palestine ($97.2k).

The fastest growing export markets for Other Animal Fats of Italy between 2021 and 2022 were Netherlands ($11.9M), Austria ($1.5M), and Belgium ($389k).

Imports In 2022, Italy imported $17.6M in Other Animal Fats, becoming the 8th largest importer of Other Animal Fats in the world. At the same year, Other Animal Fats was the 942nd most imported product in Italy. Italy imports Other Animal Fats primarily from: N/A.

The fastest growing import markets in Other Animal Fats for Italy between 2021 and 2022 were Czechia ($222k), Hungary ($126k), and Bulgaria ($37.2k).

Latest Trends

March 2024

About

Overview In March 2024 Italy's Other Animal Fats exports accounted up to €1.34M and imports accounted up to €1.91M, resulting in a negative trade balance of €567k. Between March 2023 and March 2024 the exports of Italy's   Other Animal Fats have decreased by €-1.03M (-43.5%) from €2.37M to €1.34M, while imports increased by €424k (28.5%) from €1.48M to €1.91M.

Destinations In March 2024, Other Animal Fats were exported mostly to Netherlands (€799k), Spain (€465k), Belgium (€73.2k), Mexico (€3.33k), and Portugal (€111), and were imported mostly from Austria (€1.03M), Spain (€421k), France (€196k), Germany (€157k), and Slovenia (€73.1k).

Growth In March 2024, the decrease in Other Animal Fats's year-by-year exports was explained primarily by a decrease in exports to Austria (€-161k or -72.6%). In March 2024, the increase in Other Animal Fats's year-by-year imports was explained primarily by an increase in imports from Germany (€221k or 152%), Austria (€161k or 16.9%), and Hungary (€86.1k or 547%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2023 - March 2024)€-1.03M(-43.5%)
IMPORT GROWTH (March 2023 - March 2024)€424k(28.5%)
MAIN DESTINATION (March 2024)Netherlands€799k

This section shows Other Animal Fats'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 Other Animal Fats over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$24.9M
IMPORTS (2022)$17.6M
NET TRADE (2022)$7.25M

In 2022, Italy exported $24.9M in Other Animal Fats. The main destinations of Italy exports on Other Animal Fats were Netherlands ($16.3M), Spain ($5.98M), Austria ($1.81M), Belgium ($389k), and Palestine ($97.2k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Animal Fats EXPORT MARKETS FOR Italy WERE (2021 - 2022):
Netherlands$11.9M (269%)
Austria$1.5M (479%)
Belgium$389k (763k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Animal Fats BY Italy WERE (2021 - 2022):
Spain-$4.6M (-43.5%)
France-$1.58M (-98.1%)
Serbia-$22.8k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Other Animal Fats were:
Netherlands $119M
France $101M
Belgium $94M
In 2022, Italy's main importing competitors in Other Animal Fats were:
Netherlands $198M
Sweden $70.4M
Spain $61.1M

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Trade Value of Other Animal Fats by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALBelgium+ $303k
TOP IMPORT POTENTIALFrance+ $1.48M

Other Animal Fats’s highest export potential is Belgium. With an export gap of $303k.   Other Animal Fats’s highest import potential is France with an import gap of $1.48M.

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