HS Icon Bi-Wheel Vehicle Parts in  Flag Italy

2020
Exports | Imports
: $1.19B | $877M, World Rnk 4 / 201
Flag Rnk 98 / 1216 | World Rnk 5 / 220
Flag Rnk 111 / 1213

2019 - 2020
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $10.5M | $12.1M, France |  China

2020
ECONOMIC COMPLEXITY of Italy
: 1.3, Rnk 19 / 127

2020
PRODUCT COMPLEXITY  IN Bi-Wheel Vehicle Parts
: 0.96, Rnk 192 / 1029

Exports In 2020, Italy exported $1.19B in Bi-Wheel Vehicle Parts, making it the 4th largest exporter of Bi-Wheel Vehicle Parts in the world. At the same year, Bi-Wheel Vehicle Parts was the 98th most exported product in Italy. The main destination of Bi-Wheel Vehicle Parts exports from Italy are: Germany ($299M), France ($115M), United States ($96.5M), Austria ($81.1M), and Spain ($64.1M).

The fastest growing export markets for Bi-Wheel Vehicle Parts of Italy between 2019 and 2020 were France ($10.5M), China ($8.43M), and Spain ($6.61M).

Imports In 2020, Italy imported $877M in Bi-Wheel Vehicle Parts, becoming the 5th largest importer of Bi-Wheel Vehicle Parts in the world. At the same year, Bi-Wheel Vehicle Parts was the 111th most imported product in Italy. Italy imports Bi-Wheel Vehicle Parts primarily from: China ($213M), Chinese Taipei ($135M), Japan ($76.6M), Vietnam ($72.4M), and Germany ($55.5M).

The fastest growing import markets in Bi-Wheel Vehicle Parts for Italy between 2019 and 2020 were China ($12.1M), Vietnam ($9.12M), and France ($4.37M).

Tariffs In 2019, the average tariff for Italy in Bi-Wheel Vehicle Parts was 1.61%. The countries with the highest import tariffs for Bi-Wheel Vehicle Parts were Republic of the Congo (Most Favoured Nation duty rate treatement, 4.42%), Western Sahara (Most Favoured Nation duty rate treatement, 4.42%), Gabon (Most Favoured Nation duty rate treatement, 4.42%), Libya (Most Favoured Nation duty rate treatement, 4.42%), and Mayotte (Most Favoured Nation duty rate treatement, 4.42%).

Subnational Monthly Trade

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The following visualization shows the latest trends on Bi-Wheel Vehicle Parts. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

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EXPORTS (2020): $1.19B

IMPORTS (2020): $877M

NET TRADE (2020): $314M

In 2020, Italy exported $1.19B in Bi-Wheel Vehicle Parts. The main destinations of Italy exports on Bi-Wheel Vehicle Parts were Germany ($299M), France ($115M), United States ($96.5M), Austria ($81.1M), and Spain ($64.1M).

In 2020, Italy imported $877M in Bi-Wheel Vehicle Parts, mainly from China ($213M), Chinese Taipei ($135M), Japan ($76.6M), Vietnam ($72.4M), and Germany ($55.5M).

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THE FASTEST GROWING Bi-Wheel Vehicle Parts EXPORT MARKETS FOR Italy WERE (2019 - 2020):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bi-Wheel Vehicle Parts BY Italy WERE (2019 - 2020):

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Market Concentration

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In 2020, Italy's main exporting competitors in Bi-Wheel Vehicle Parts were:

In 2020, Italy's main importing competitors in Bi-Wheel Vehicle Parts were:

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