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2022
Exports $6.26MWorld Rnk 16 / 113
Flag Rnk 1020 / 1217
2022
Destination $785k Germany
2021 - 2022
FASTEST GROWING MARKET $785kUnited States
2022
Imports $12.5MWorld Rnk 8 / 161
Flag Rnk 989 / 1215
2022
Origin $3.45M United States
2021 - 2022
FASTEST GROWING ORIGIN $3.45MUnited States
2022
ECONOMIC COMPLEXITY of Italy1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $6.26M in Parachutes, making it the 16th largest exporter of Parachutes in the world. At the same year, Parachutes was the 1020th most exported product in Italy. The main destination of Parachutes exports from Italy are: Germany ($1.38M), United States ($1.24M), Switzerland ($463k), Poland ($398k), and United Kingdom ($274k).

The fastest growing export markets for Parachutes of Italy between 2021 and 2022 were United States ($785k), United Kingdom ($243k), and United Arab Emirates ($182k).

Imports In 2022, Italy imported $12.5M in Parachutes, becoming the 8th largest importer of Parachutes in the world. At the same year, Parachutes was the 989th most imported product in Italy. Italy imports Parachutes primarily from: United States ($5.12M), France ($1.93M), United Kingdom ($1.18M), Czechia ($778k), and Austria ($752k).

The fastest growing import markets in Parachutes for Italy between 2021 and 2022 were United States ($3.45M), France ($920k), and United Kingdom ($216k).

Latest Trends

March 2024

About

Overview In March 2024 Italy's Parachutes exports accounted up to €505k and imports accounted up to €272k, resulting in a positive trade balance of €233k. Between March 2023 and March 2024 the exports of Italy's   Parachutes have increased by €179k (55%) from €326k to €505k, while imports decreased by €-132k (-32.7%) from €404k to €272k.

Destinations In March 2024, Parachutes were exported mostly to Austria (€188k), South Korea (€92.4k), Germany (€46.4k), United States (€38.1k), and France (€37k), and were imported mostly from United States (€119k), Vietnam (€75.5k), Germany (€26.4k), China (€24.8k), and United Kingdom (€3.24k).

Growth In March 2024, the increase in Parachutes's year-by-year exports was explained primarily by an increase in exports to Poland (€15k or 96.4%), Spain (€2.35k or 241%), and Finland (€1.42k or 285%). In March 2024, the decrease in Parachutes's year-by-year imports was explained primarily by a decrease in imports from Vietnam (€-44.6k or -41.5%), United States (€-4.47k or -36%), and Germany (€-1.54k or -99.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2023 - March 2024)€179k(55%)
IMPORT GROWTH (March 2023 - March 2024)€-132k(-32.7%)
MAIN DESTINATION (March 2024)Austria€188k

This section shows Parachutes'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 Parachutes over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$6.26M
IMPORTS (2022)$12.5M
NET TRADE (2022)-$6.29M

In 2022, Italy exported $6.26M in Parachutes. The main destinations of Italy exports on Parachutes were Germany ($1.38M), United States ($1.24M), Switzerland ($463k), Poland ($398k), and United Kingdom ($274k).

In 2022, Italy imported $12.5M in Parachutes, mainly from United States ($5.12M), France ($1.93M), United Kingdom ($1.18M), Czechia ($778k), and Austria ($752k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Parachutes EXPORT MARKETS FOR Italy WERE (2021 - 2022):
United States$785k (174%)
United Kingdom$243k (806%)
United Arab Emirates$182k (239%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Parachutes BY Italy WERE (2021 - 2022):
Germany-$169k (-10.9%)
Egypt-$76k (-100%)
Russia-$37.6k (-84.7%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Parachutes were:
United States $127M
Vietnam $37.5M
United Kingdom $29.9M
In 2022, Italy's main importing competitors in Parachutes were:
United States $57.3M
France $43.1M
Germany $39.7M

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Trade Value of Parachutes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $261k
TOP IMPORT POTENTIALFrance+ $409k

Parachutes’s highest export potential is United States. With an export gap of $261k.   Parachutes’s highest import potential is France with an import gap of $409k.

See methodology.

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