2022
Exports
$45MWorld Rnk 25 / 190
Flag Rnk 717 / 1217
2022
PRODUCT COMPLEXITY IN Batteries
0.69Rnk 280 / 1025
2022
Imports
$199MWorld Rnk 15 / 225
Flag Rnk 437 / 1215
2022
ECONOMIC COMPLEXITY of Italy
1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $45M in Batteries, making it the 25th largest exporter of Batteries in the world. At the same year, Batteries was the 717th most exported product in Italy. The main destination of Batteries exports from Italy are: Uzbekistan ($9.59M), Spain ($4.03M), United States ($4M), France ($3.74M), and Germany ($2.92M).

The fastest growing export markets for Batteries of Italy between 2021 and 2022 were Tunisia ($1.18M), Estonia ($1.1M), and United Arab Emirates ($474k).

Imports In 2022, Italy imported $199M in Batteries, becoming the 15th largest importer of Batteries in the world. At the same year, Batteries was the 437th most imported product in Italy. Italy imports Batteries primarily from: Germany ($41.9M), China ($41M), Poland ($19.9M), Belgium ($18.7M), and Netherlands ($15.5M).

The fastest growing import markets in Batteries for Italy between 2021 and 2022 were United States ($5.08M), Netherlands ($3.5M), and Bulgaria ($1.3M).

COMPANIES In 2023, leading companies such as Schindler Elevators (1), ABB Motors and Mechanical (1), and Konecranes (1) were at the forefront of shipping Batteries from Italy to the United States.

Latest Trends

August 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)€-1.02M(-36.3%)
IMPORT GROWTH (August 2023 - August 2024)€949k(7.91%)
MAIN DESTINATION (August 2024)Germany€668k

This section shows Batteries'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 Batteries over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$45M
IMPORTS (2022)$199M
NET TRADE (2022)-$154M

In 2022, Italy exported $45M in Batteries. The main destinations of Italy exports on Batteries were Uzbekistan ($9.59M), Spain ($4.03M), United States ($4M), France ($3.74M), and Germany ($2.92M).

In 2022, Italy imported $199M in Batteries, mainly from Germany ($41.9M), China ($41M), Poland ($19.9M), Belgium ($18.7M), and Netherlands ($15.5M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Batteries EXPORT MARKETS FOR Italy WERE (2021 - 2022):
Tunisia$1.18M (641%)
Estonia$1.1M (8.64k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Batteries BY Italy WERE (2021 - 2022):
Uzbekistan-$6.86M (-41.7%)
Romania-$4.7M (-87.1%)
Bulgaria-$3.74M (-68.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Batteries were:
In 2022, Italy's main importing competitors in Batteries were:

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Trade Value of Batteries by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $3.2M
TOP IMPORT POTENTIALChina+ $14.2M

Batteries’s highest export potential is United States. With an export gap of $3.2M.   Batteries’s highest import potential is China with an import gap of $14.2M.

See methodology.

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