Perfumes in Italy | The Observatory of Economic Complexity

About

Exports In 2022, Italy exported $1.58B in Perfumes, making it the 4th largest exporter of Perfumes in the world. At the same year, Perfumes was the 101st most exported product in Italy. The main destination of Perfumes exports from Italy are: United States ($229M), Germany ($159M), United Arab Emirates ($137M), Hong Kong ($96M), and Netherlands ($79.1M).

The fastest growing export markets for Perfumes of Italy between 2021 and 2022 were United States ($80.5M), United Arab Emirates ($34.6M), and China ($23.8M).

Imports In 2022, Italy imported $709M in Perfumes, becoming the 8th largest importer of Perfumes in the world. At the same year, Perfumes was the 183rd most imported product in Italy. Italy imports Perfumes primarily from: France ($328M), Spain ($135M), Czechia ($82.1M), Germany ($63.4M), and Netherlands ($46.4M).

The fastest growing import markets in Perfumes for Italy between 2021 and 2022 were Spain ($39.1M), France ($32.2M), and Czechia ($30.3M).

Latest Trends

January 2024

About

Overview In January 2024 Italy's Perfumes exports accounted up to €152M and imports accounted up to €56M, resulting in a positive trade balance of €96.1M. Between January 2023 and January 2024 the exports of Italy's Perfumes have increased by €56.2M (58.6%) from €95.9M to €152M, while imports decreased by €-7.95M (-12.4%) from €63.9M to €56M.

Destinations In January 2024, Perfumes were exported mostly to United States (€27M), Germany (€24.5M), Spain (€12.5M), Russia (€12.1M), and United Arab Emirates (€10.1M), and were imported mostly from France (€29.5M), Spain (€16.4M), Netherlands (€4.57M), Germany (€2.18M), and United States (€649k).

Growth In January 2024, the increase in Perfumes's year-by-year exports was explained primarily by an increase in exports to United States (€11.3M or 121%), Germany (€9.76M or 122%), and Spain (€2.57M or 79.2%). In January 2024, the decrease in Perfumes's year-by-year imports was explained primarily by a decrease in imports from Germany (€-1.89M or -26.9%), Belgium (€-240k or -45.6%), and United Kingdom (€-106k or -68.7%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)€56.2M(58.6%)

IMPORT GROWTH (January 2023 - January 2024)€-7.95M(-12.4%)

MAIN DESTINATION (January 2024)United States€27M

This section shows Perfumes'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 Perfumes over time.

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