Essential Oils in Italy | The Observatory of Economic Complexity

About

Exports In 2022, Italy exported $179M in Essential Oils, making it the 11th largest exporter of Essential Oils in the world. At the same year, Essential Oils was the 450th most exported product in Italy. The main destination of Essential Oils exports from Italy are: France ($37.7M), United States ($35.6M), Germany ($17.5M), Netherlands ($15.8M), and Switzerland ($9.22M).

The fastest growing export markets for Essential Oils of Italy between 2021 and 2022 were United States ($3M), Netherlands ($2.84M), and Portugal ($1.96M).

Imports In 2022, Italy imported $119M in Essential Oils, becoming the 15th largest importer of Essential Oils in the world. At the same year, Essential Oils was the 552nd most imported product in Italy. Italy imports Essential Oils primarily from: France ($29.6M), Netherlands ($15.8M), Spain ($15.4M), Germany ($12.5M), and Austria ($6.59M).

The fastest growing import markets in Essential Oils for Italy between 2021 and 2022 were Netherlands ($6.72M), Croatia ($5.25M), and France ($4.11M).

COMPANIES In 2023, leading companies such as GIVAUDAN FRAGRANCES CORPORATION (9) were at the forefront of shipping Essential Oils from Italy to the United States.

Latest Trends

January 2024

About

Overview In January 2024 Italy's Essential Oils exports accounted up to €14.2M and imports accounted up to €9.16M, resulting in a positive trade balance of €5.04M. Between January 2023 and January 2024 the exports of Italy's Essential Oils have increased by €3.1M (27.9%) from €11.1M to €14.2M, while imports increased by €338k (3.83%) from €8.82M to €9.16M.

Destinations In January 2024, Essential Oils were exported mostly to France (€5.03M), Germany (€2.25M), Netherlands (€2.1M), United States (€958k), and Spain (€769k), and were imported mostly from France (€2.43M), Germany (€2.29M), Netherlands (€1.39M), Spain (€1.3M), and Austria (€1.09M).

Growth In January 2024, the increase in Essential Oils's year-by-year exports was explained primarily by an increase in exports to United States (€1.19M or 321%), Netherlands (€813k or 82.9%), and United Kingdom (€244k or 143%). In January 2024, the increase in Essential Oils's year-by-year imports was explained primarily by an increase in imports from Germany (€823k or 91.9%), France (€710k or 31.4%), and Spain (€460k or 70.8%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)€3.1M(27.9%)

IMPORT GROWTH (January 2023 - January 2024)€338k(3.83%)

MAIN DESTINATION (January 2024)France€5.03M

This section shows Essential Oils'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 Essential Oils over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$179M

IMPORTS (2022)$119M

NET TRADE (2022)$60.5M

In 2022, Italy exported $179M in Essential Oils. The main destinations of Italy exports on Essential Oils were France ($37.7M), United States ($35.6M), Germany ($17.5M), Netherlands ($15.8M), and Switzerland ($9.22M).

In 2022, Italy imported $119M in Essential Oils, mainly from France ($29.6M), Netherlands ($15.8M), Spain ($15.4M), Germany ($12.5M), and Austria ($6.59M).

Explore Visualizations