Artificial Textile Machinery in Italy | The Observatory of Economic Complexity

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Exports In 2022, Italy exported $119M in Artificial Textile Machinery, making it the 4th largest exporter of Artificial Textile Machinery in the world. At the same year, Artificial Textile Machinery was the 543rd most exported product in Italy. The main destination of Artificial Textile Machinery exports from Italy are: Uzbekistan ($38.3M), United States ($16.8M), China ($14.4M), Turkey ($10M), and Poland ($8.4M).

The fastest growing export markets for Artificial Textile Machinery of Italy between 2021 and 2022 were Uzbekistan ($31.9M), Greece ($6.71M), and Poland ($4.87M).

Imports In 2022, Italy imported $8.15M in Artificial Textile Machinery, becoming the 19th largest importer of Artificial Textile Machinery in the world. At the same year, Artificial Textile Machinery was the 1058th most imported product in Italy. Italy imports Artificial Textile Machinery primarily from: Germany ($3.29M), Austria ($2.84M), China ($598k), United Kingdom ($443k), and Romania ($409k).

The fastest growing import markets in Artificial Textile Machinery for Italy between 2021 and 2022 were Germany ($2.82M), Austria ($1.29M), and China ($507k).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Artificial Textile Machinery from Italy to the United States.

Latest Trends

December 2023

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Overview In December 2023 Italy's Artificial Textile Machinery exports accounted up to €12.7M and imports accounted up to €10.7k, resulting in a positive trade balance of €12.7M. Between December 2022 and December 2023 the exports of Italy's Artificial Textile Machinery have increased by €9.79M (340%) from €2.88M to €12.7M, while imports decreased by €-46.5k (-81.2%) from €57.2k to €10.7k.

Destinations In December 2023, Artificial Textile Machinery were exported mostly to China (€5.17M), Turkey (€3.81M), Peru (€1.97M), Canada (€1.35M), and United States (€160k), and were imported mostly from Japan (€6.64k) and China (€4.11k).

Growth In December 2023, the increase in Artificial Textile Machinery's year-by-year exports was explained primarily by an increase in exports to United States (€1.17M or 120%), Belgium (€10.8k or 190%), and Poland (€1.12k or 121%). In December 2023, the decrease in Artificial Textile Machinery's year-by-year imports was explained primarily by a decrease in imports from .

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (December 2022 - December 2023)€9.79M(340%)

IMPORT GROWTH (December 2022 - December 2023)€-46.5k(-81.2%)

MAIN DESTINATION (December 2023)China€5.17M

This section shows Artificial Textile Machinery'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 Artificial Textile Machinery over time.

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