The amount of groundnuts (peanuts) exported by Italy in 2020 was 395 tons. In 2019 Italy exported 324 tonnes of groundnuts (peanuts). Through 2019 alone, the market for Italy groundnuts (peanuts) (nuts category) has decreased, changing by -16.495 pc compared to the year 2018. Between 2017 and 2019, groundnuts (peanuts)'s exports grew by 58.82 percent netting the country US$1.09m for the year 2019. Italy's groundnuts (peanuts) exports are classified as:
- Shelled groundnuts, whether or not broken (excluding roasted or otherwise cooked) (HS code 120220)
- Groundnuts in shell, not roasted or otherwise cooked (HS code 120210)
- Groundnut seed, for sowing (HS code 120230)
- Groundnuts, in shell (excluding seed for sowing, roasted or otherwise cooked) (HS code 120241)
- Groundnuts, shelled, whether or not broken (excluding seed for sowing, roasted or otherwise cooked) (HS code 120242)
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Italia arachidi (arachidi) export values
In 2019, Italy sold groundnuts (peanuts) valued at 1.09m USD, a surge of 3.02% from 2018's total groundnuts (peanuts) export of 1.058m USD. The yearly growth in value of Italy groundnuts (peanuts) between 2017 to 2018 was 39.394 pc.
The annual/yearly variation in the quantity of Italy's groundnuts (peanuts) exports between 2017 and 2019 was 58.82 per cent compared to a variation of -16.495% in the period between 2018 and 2019.
Italy's stake of the world's total groundnuts (peanuts)'s exports in 2019 was less than 1%. The country is ranked number 19 in world exports of groundnuts (peanuts).
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Export markets for Italia arachidi (arachidi) ( in '000$ )
Italy's top destinations for groundnuts (peanuts) are Norway, Slovakia, Germany, United Kingdom (UK) and Luxembourg.
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Import/Export Trends
Italy is a net importer of groundnuts (peanuts). The annual growth of Italy groundnuts (peanuts) in value between 2015 to 2019 was 8%, per year, while annual growth in quantity through the same period was -5%, per annum.
Italy imported 47,853 tonnes of groundnuts (peanuts) in 2019.
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