2022
Exports
$1.23BWorld Rnk 3 / 174
Flag Rnk 129 / 1217
2022
PRODUCT COMPLEXITY IN Woodworking machines
1.28Rnk 96 / 1025
2022
Imports
$243MWorld Rnk 11 / 218
Flag Rnk 397 / 1215
2022
ECONOMIC COMPLEXITY of Italy
1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $1.23B in Woodworking machines, making it the 3rd largest exporter of Woodworking machines in the world. At the same year, Woodworking machines was the 129th most exported product in Italy. The main destination of Woodworking machines exports from Italy are: United States ($140M), France ($118M), United Kingdom ($96.7M), Germany ($88.7M), and Poland ($69.9M).

The fastest growing export markets for Woodworking machines of Italy between 2021 and 2022 were United Kingdom ($28.1M), United States ($25M), and France ($7.87M).

Imports In 2022, Italy imported $243M in Woodworking machines, becoming the 11th largest importer of Woodworking machines in the world. At the same year, Woodworking machines was the 397th most imported product in Italy. Italy imports Woodworking machines primarily from: Germany ($103M), China ($31.8M), Austria ($29.9M), India ($16.7M), and Spain ($13.1M).

The fastest growing import markets in Woodworking machines for Italy between 2021 and 2022 were Germany ($19.7M), China ($4.04M), and Spain ($3.55M).

COMPANIES In 2023, leading companies such as Baxter Healthcare (1) were at the forefront of shipping Woodworking machines from Italy to the United States.

Latest Trends

March 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2023 - March 2024)€-29.5M(-24.5%)
IMPORT GROWTH (March 2023 - March 2024)€76.6k(0.62%)

This section shows Woodworking machines'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 Woodworking machines over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.23B
IMPORTS (2022)$243M
NET TRADE (2022)$989M

In 2022, Italy exported $1.23B in Woodworking machines. The main destinations of Italy exports on Woodworking machines were United States ($140M), France ($118M), United Kingdom ($96.7M), Germany ($88.7M), and Poland ($69.9M).

In 2022, Italy imported $243M in Woodworking machines, mainly from Germany ($103M), China ($31.8M), Austria ($29.9M), India ($16.7M), and Spain ($13.1M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Woodworking machines EXPORT MARKETS FOR Italy WERE (2021 - 2022):
United Kingdom$28.1M (40.9%)
United States$25M (21.7%)
France$7.87M (7.14%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Woodworking machines BY Italy WERE (2021 - 2022):
Poland-$38M (-35.2%)
Belgium-$21.3M (-34.3%)
Spain-$18.3M (-32.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Woodworking machines were:
China $2.66B
Germany $1.99B
In 2022, Italy's main importing competitors in Woodworking machines were:

Explore Visualizations

Trade Value of Woodworking machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $18M
TOP IMPORT POTENTIALChina+ $14.5M

Woodworking machines’s highest export potential is United States. With an export gap of $18M.   Woodworking machines’s highest import potential is China with an import gap of $14.5M.

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