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2023
Exports $4.5BWorld Rnk 5 / 223
Flag Rnk 20 / 1216
2023
Destination $90.4M United States
2022 - 2023
FASTEST GROWING MARKET $90.4MIraq
2023
PRODUCT COMPLEXITY IN Air Pumps1.21Rnk 102 / 1025
2023
Imports $2.44BWorld Rnk 10 / 225
Flag Rnk 47 / 1213
2023
Origin $125M Germany
2022 - 2023
FASTEST GROWING ORIGIN $125MGermany
2023
ECONOMIC COMPLEXITY of Italy1.29Rnk 18 / 132

About

Exports In 2023, Italy exported $4.5B in Air Pumps, making it the 5th largest exporter of Air Pumps in the world. At the same year, Air Pumps was the 20th most exported product in Italy. The main destination of Air Pumps exports from Italy are: United States ($439M), Germany ($390M), France ($324M), United Kingdom ($228M), and Spain ($193M).

The fastest growing export markets for Air Pumps of Italy between 2022 and 2023 were Iraq ($90.4M), Saudi Arabia ($66.8M), and Qatar ($65M).

Imports In 2023, Italy imported $2.44B in Air Pumps, becoming the 10th largest importer of Air Pumps in the world. At the same year, Air Pumps was the 47th most imported product in Italy. Italy imports Air Pumps primarily from: Germany ($744M), China ($382M), France ($144M), Belgium ($143M), and Slovakia ($139M).

The fastest growing import markets in Air Pumps for Italy between 2022 and 2023 were Germany ($125M), Austria ($19.1M), and Croatia ($16.1M).

COMPANIES In 2023, leading companies such as Mahle Behr (4), Schindler Elevators (1), and BSH Home Appliances (1) were at the forefront of shipping Air Pumps from Italy to the United States.

Latest Trends

November 2024

About

Overview In November 2024 Italy's Air Pumps exports accounted up to €375M and imports accounted up to €180M, resulting in a positive trade balance of €195M. Between November 2023 and November 2024 the exports of Italy's   Air Pumps have increased by €16.5M (4.61%) from €359M to €375M, while imports increased by €5.07M (2.89%) from €175M to €180M.

Destinations In November 2024, Air Pumps were exported mostly to United States (€40.8M), Germany (€32.2M), Singapore (€31.1M), France (€27.1M), and Saudi Arabia (€18.4M), and were imported mostly from Germany (€73.5M), China (€23.2M), France (€11.8M), Belgium (€9.35M), and Japan (€8.08M).

Growth In November 2024, the increase in Air Pumps's year-by-year exports was explained primarily by an increase in exports to Saudi Arabia (€8.27M or 472%), Egypt (€7.71M or 100%), and South Korea (€7.49M or 636%). In November 2024, the increase in Air Pumps's year-by-year imports was explained primarily by an increase in imports from Germany (€19.7M or 47.6%), Slovakia (€2.22M or 16.3%), and France (€2.14M or 22.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)€16.5M(4.61%)
IMPORT GROWTH (November 2023 - November 2024)€5.07M(2.89%)
MAIN DESTINATION (November 2024)United States€40.8M

This section shows Air Pumps'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 Air Pumps over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$4.5B
IMPORTS (2023)$2.44B
NET TRADE (2023)$2.06B

In 2023, Italy exported $4.5B in Air Pumps. The main destinations of Italy exports on Air Pumps were United States ($439M), Germany ($390M), France ($324M), United Kingdom ($228M), and Spain ($193M).

In 2023, Italy imported $2.44B in Air Pumps, mainly from Germany ($744M), China ($382M), France ($144M), Belgium ($143M), and Slovakia ($139M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Air Pumps EXPORT MARKETS FOR Italy WERE (2022 - 2023):
Iraq$90.4M (238%)
Saudi Arabia$66.8M (112%)
Qatar$65M (201%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Air Pumps BY Italy WERE (2022 - 2023):
Kazakhstan-$65.7M (-82.2%)
Thailand-$60.6M (-83.3%)
South Korea-$48.9M (-54.3%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Italy's main exporting competitors in Air Pumps were:
China $23B
Germany $10.5B
United States $7.77B
In 2023, Italy's main importing competitors in Air Pumps were:
United States $14.7B
Germany $5.95B
China $5.26B

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Trade Value of Air Pumps by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $173M
TOP IMPORT POTENTIALChina+ $171M

Air Pumps’s highest export potential is United States. With an export gap of $173M.   Air Pumps’s highest import potential is China with an import gap of $171M.

See methodology.

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