Precious Metal Compounds in Italy | The Observatory of Economic Complexity

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Exports In 2022, Italy exported $354M in Precious Metal Compounds, making it the 7th largest exporter of Precious Metal Compounds in the world. At the same year, Precious Metal Compounds was the 307th most exported product in Italy. The main destination of Precious Metal Compounds exports from Italy are: Germany ($195M), France ($39.4M), Switzerland ($14.8M), India ($13.9M), and United States ($12.1M).

The fastest growing export markets for Precious Metal Compounds of Italy between 2021 and 2022 were Germany ($37.7M), Netherlands ($4.6M), and Thailand ($4.05M).

Imports In 2022, Italy imported $124M in Precious Metal Compounds, becoming the 25th largest importer of Precious Metal Compounds in the world. At the same year, Precious Metal Compounds was the 544th most imported product in Italy. Italy imports Precious Metal Compounds primarily from: Germany ($44.3M), United Kingdom ($42.7M), France ($13.3M), Ireland ($5.07M), and Belgium ($4.61M).

The fastest growing import markets in Precious Metal Compounds for Italy between 2021 and 2022 were Germany ($24.9M), Hungary ($1.45M), and Mexico ($827k).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Precious Metal Compounds from Italy to the United States.

Latest Trends

December 2023

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Overview In December 2023 Italy's Precious Metal Compounds exports accounted up to €44.4M and imports accounted up to €7.69M, resulting in a positive trade balance of €36.7M. Between December 2022 and December 2023 the exports of Italy's Precious Metal Compounds have increased by €21.4M (93.3%) from €23M to €44.4M, while imports increased by €3.66M (91.1%) from €4.02M to €7.69M.

Destinations In December 2023, Precious Metal Compounds were exported mostly to Germany (€28.3M), France (€8.47M), Austria (€3.63M), United States (€2.46M), and Indonesia (€537k), and were imported mostly from Belgium (€4.86M), United Kingdom (€1.2M), Germany (€1.18M), France (€261k), and Netherlands (€182k).

Growth In December 2023, the increase in Precious Metal Compounds's year-by-year exports was explained primarily by an increase in exports to United States (€179k or 86.4%). In December 2023, the increase in Precious Metal Compounds's year-by-year imports was explained primarily by an increase in imports from Spain (€3.55M or 883%), Germany (€391k or 16.4%), and Netherlands (€89.5k or 85.2%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (December 2022 - December 2023)€21.4M(93.3%)

IMPORT GROWTH (December 2022 - December 2023)€3.66M(91.1%)

MAIN DESTINATION (December 2023)Germany€28.3M

This section shows Precious Metal Compounds'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 Precious Metal Compounds over time.

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