Overview In Fourth Quarter 2023 Napoli exported $4.12B and imported $4.53B, resulting in a negative trade balance of $412M. Between Fourth Quarter 2022 and Fourth Quarter 2023 the exports of Napoli have increased by $1.55B (60.3%) from $2.57B to $4.12B, while imports increased by $379M (9.14%) from $4.15B to $4.53B.
Trade In Fourth Quarter 2023, the top exports of Napoli were Basic pharmaceutical products and pharmaceutical preparations (€1.95B), Motor vehicles, trailers and semi-trailers (€797M), Foodstuffs (€347M), Electrical equipment and non-electrical household equipment (€254M), and Other means of transport (€110M). In Fourth Quarter 2023 the top imports of Napoli were Chemical products (€1.8B), Foodstuffs (€329M), Basic pharmaceutical products and pharmaceutical preparations (€325M), Coke and products derived from petroleum... (€310M), and Agricultural, animal and hunting products (€301M).
Destinations In Fourth Quarter 2023, Napoli exported mostly to Switzerland (€1.82B), United States (€724M), Germany (€169M), United Kingdom (€126M), and United Arab Emirates (€121M), and imported mostly from China (€2.03B), Switzerland (€351M), Germany (€233M), Spain (€161M), and United States (€155M).
Growth In Fourth Quarter 2023, the increase in Napoli's year-by-year exports was explained primarily by an increase in exports to Switzerland (€862M or 90.2%), United States (€474M or 190%), and United Arab Emirates (€98.9M or 445%), and product exports increase in Basic pharmaceutical products and pharmaceutical preparations (€900M or 85.4%), Motor vehicles, trailers and semi-trailers (€621M or 352%), and Electrical equipment and non-electrical household equipment (€203M or 400%). In Fourth Quarter 2023, the increase in Napoli's year-by-year imports was explained primarily by an increase in imports from China ($728M or 56%), Switzerland ($184M or 111%), and South Korea ($98.4M or 370%), and product imports increase in Chemical products (€519M or 40.5%), Basic pharmaceutical products and pharmaceutical preparations (€189M or 140%), and Electrical equipment and non-electrical household equipment (€124M or 104%).