Italy | Imports and Exports | World | Palm oil | Value (US$) and Value Growth, YoY (%) | 2012 - 2023
The value of exports of commodity group 1511 "Palm oil and its fractions, whether or not refined, but not chemically modified" from Italy totalled $ 260 million in 2023. Sales of commodity group 1511 from Italy went up by 17.8% compared to 2022: exports of commodity group 1511 "Palm oil and its fractions, whether or not refined, but not chemically modified" went up by $ 39 million (cumulative exports of commodity group 1511 from Italy amounted $221 million in 2022)
Exports of commodity group 1511 "Palm oil and its fractions, whether or not refined, but not chemically modified" amounted to 0.038% of total exports from Italy (cumulative merchandise exports from Italy totalled $ 677 billion in 2023). The share of commodity group 1511 in total exports from Italy increased by 0.004 p.p. compared to 2022 (it was 0.033% in 2022 and cumulative exports from Italy were equal to $ 659 billion).
Exports of commodity group 1511 amounted to 6.91% of total sales of group "" from Italy in 2023 (the value of exports of commodity group from Italy amounted to $3.76 billion in 2023). The share of exports of commodity group 1511 in sales of commodity group from Italy increased by 0.885 p.p. compared to 2022 (it was 6.03% in 2022, and exports of commodity group from Italy were $3.66 billion).
Where does Italy export Palm oil and its fractions, whether or not refined, but not chemically modified?
Top export destinations of "Palm oil and its fractions, whether or not refined, but not chemically modified" from Italy in 2023:
- Germany with a share of 32% (85 million US$)
- Poland with a share of 18.3% (47 million US$)
- France with a share of 10.7% (28 million US$)
- Romania with a share of 6.26% (16.3 million US$)
- Serbia with a share of 5.18% (13.5 million US$)
- Spain with a share of 4.35% (11.3 million US$)
- Slovak Republic with a share of 4.11% (10.7 million US$)
- Hungary with a share of 4.01% (10.4 million US$)
- Croatia with a share of 3.31% (8.64 million US$)
- Russia with a share of 2.42% (6.33 million US$)
Exports structure of 1511 - Palm oil and its fractions, whether or not refined, but not chemically modified - from Italy in 2023 represented by the following main commodity groups:
- 98% (255 million US$): 151190 - Palm oil, other than crude, & fractions thereof , whether or not ref. but not chemically modified
- 1.82% (4.76 million US$): 151110 - Palm oil, crude
The value of imports of commodity group 1511 "Palm oil and its fractions, whether or not refined, but not chemically modified" to Italy totalled $ 1.5 billion in 2023. Sales of commodity group 1511 to Italy decreased by 16.5% in value terms compared to 2022. imports of commodity group 1511 "Palm oil and its fractions, whether or not refined, but not chemically modified" decreased by $ 298 million (the value of imports of commodity group 1511 to Italy was equal to $1.79 billion in 2022)
Imports of commodity group 1511 "Palm oil and its fractions, whether or not refined, but not chemically modified" accounted for 0.234% of total import flow to Italy (in 2023, total imports to Italy amounted to $ 639 billion). The share of commodity group 1511 in total imports to Italy decreased by 0.024 p.p. compared to 2022 (it was 0.258% in 2022 and cumulative imports to Italy were equal to $ 695 billion).
Imports of commodity group 1511 reached 24% of total imports of group "" to Italy in 2023 (imports of commodity group to Italy totalled $6.09 billion in 2023). The share of purchases of commodity group 1511 in imports of commodity group to Italy went down by 3.06 p.p. compared to 2022 (it was 27% in 2022, and imports of commodity group to Italy accounted for $6.49 billion).
Where does Italy import Palm oil and its fractions, whether or not refined, but not chemically modified from?
Top trading partners (import of "Palm oil and its fractions, whether or not refined, but not chemically modified") of Italy in 2023:
- Indonesia with a share of 48% (732 million US$)
- Malaysia with a share of 30% (460 million US$)
- Spain with a share of 5.05% (75 million US$)
- Honduras with a share of 4.85% (72 million US$)
- Netherlands with a share of 4% (60 million US$)
- Guatemala with a share of 2.79% (41 million US$)
- Denmark - 12.4 million US$
- Colombia - 11.3 million US$
- Belgium - 10 million US$
- Germany - 7.83 million US$
Imports structure of 1511 - Palm oil and its fractions, whether or not refined, but not chemically modified - to Italy in 2023 represented by the following main commodity groups:
- 74% (1.12 billion US$): 151190 - Palm oil, other than crude, & fractions thereof , whether or not ref. but not chemically modified
- 25% (380 million US$): 151110 - Palm oil, crude
