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Pricing

2022
Exports $2.9BWorld Rnk 8 / 223
Flag Rnk 44 / 1217
2022
Destination $41.7M Germany
2021 - 2022
FASTEST GROWING MARKET $41.7MTurkey
2022
PRODUCT COMPLEXITY IN Centrifuges1.1Rnk 136 / 1025
2022
Imports $2.02BWorld Rnk 12 / 226
Flag Rnk 67 / 1215
2022
Origin $17.6M Germany
2021 - 2022
FASTEST GROWING ORIGIN $17.6MNetherlands
2022
ECONOMIC COMPLEXITY of Italy1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $2.9B in Centrifuges, making it the 8th largest exporter of Centrifuges in the world. At the same year, Centrifuges was the 44th most exported product in Italy. The main destination of Centrifuges exports from Italy are: Germany ($297M), United States ($239M), France ($235M), Turkey ($148M), and Spain ($128M).

The fastest growing export markets for Centrifuges of Italy between 2021 and 2022 were Turkey ($41.7M), United Kingdom ($20.4M), and India ($19.6M).

Imports In 2022, Italy imported $2.02B in Centrifuges, becoming the 12th largest importer of Centrifuges in the world. At the same year, Centrifuges was the 67th most imported product in Italy. Italy imports Centrifuges primarily from: Germany ($688M), China ($255M), France ($161M), United States ($97.2M), and Belgium ($94.8M).

The fastest growing import markets in Centrifuges for Italy between 2021 and 2022 were Netherlands ($17.6M), United States ($13.6M), and India ($8.15M).

COMPANIES In 2023, leading companies such as Palm Bay International (45), Intercontinental Packaging (41), and Arhaus (7) were at the forefront of shipping Centrifuges from Italy to the United States.

Latest Trends

March 2024

About

Overview In March 2024 Italy's Centrifuges exports accounted up to €235M and imports accounted up to €171M, resulting in a positive trade balance of €64.3M. Between March 2023 and March 2024 the exports of Italy's   Centrifuges have decreased by €-22.5M (-8.74%) from €258M to €235M, while imports decreased by €-15.3M (-8.18%) from €186M to €171M.

Destinations In March 2024, Centrifuges were exported mostly to Germany (€25.7M), France (€23.3M), United States (€17M), Spain (€11.7M), and Turkey (€10.5M), and were imported mostly from Germany (€56.4M), France (€15.8M), Belgium (€14.2M), China (€12.3M), and Poland (€9M).

Growth In March 2024, the decrease in Centrifuges's year-by-year exports was explained primarily by a decrease in exports to Greece (€-3.26M or -57.7%), Russia (€-3.08M or -64.7%), and South Korea (€-2.5M or -52.8%). In March 2024, the decrease in Centrifuges's year-by-year imports was explained primarily by a decrease in imports from China (€-9.37M or -39.4%), Czechia (€-1.47M or -32.6%), and United States (€-1.21M or -15.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2023 - March 2024)€-22.5M(-8.74%)
IMPORT GROWTH (March 2023 - March 2024)€-15.3M(-8.18%)
MAIN DESTINATION (March 2024)Germany€25.7M

This section shows Centrifuges'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 Centrifuges over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.9B
IMPORTS (2022)$2.02B
NET TRADE (2022)$882M

In 2022, Italy exported $2.9B in Centrifuges. The main destinations of Italy exports on Centrifuges were Germany ($297M), United States ($239M), France ($235M), Turkey ($148M), and Spain ($128M).

In 2022, Italy imported $2.02B in Centrifuges, mainly from Germany ($688M), China ($255M), France ($161M), United States ($97.2M), and Belgium ($94.8M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Centrifuges EXPORT MARKETS FOR Italy WERE (2021 - 2022):
Turkey$41.7M (39.2%)
United Kingdom$20.4M (21.7%)
India$19.6M (54.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Centrifuges BY Italy WERE (2021 - 2022):
Netherlands-$21.7M (-27.6%)
Denmark-$20.5M (-32.8%)
Poland-$17.5M (-16.7%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Centrifuges were:
Germany $15.5B
United States $12.8B
China $12.6B
In 2022, Italy's main importing competitors in Centrifuges were:
United States $13.6B
Germany $7.14B
China $4.85B

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Trade Value of Centrifuges by Exporters

Potential Exports

Potential Exports

Flow
View
N/AN/AN/A
TOP IMPORT POTENTIALChina+ $101M

Centrifuges’s highest export potential is N/A. With an export gap of N/A.   Centrifuges’s highest import potential is China with an import gap of $101M.

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