Sign In
Pricing

2022
Exports $722MWorld Rnk 3 / 159
Flag Rnk 191 / 1217
2022
Destination $22.3M United States
2021 - 2022
FASTEST GROWING MARKET $22.3MUnited States
2022
PRODUCT COMPLEXITY IN Electric Furnaces1.31Rnk 93 / 1025
2022
Imports $125MWorld Rnk 14 / 209
Flag Rnk 542 / 1215
2022
Origin $4.73M Germany
2021 - 2022
FASTEST GROWING ORIGIN $4.73MFrance
2022
ECONOMIC COMPLEXITY of Italy1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $722M in Electric Furnaces, making it the 3rd largest exporter of Electric Furnaces in the world. At the same year, Electric Furnaces was the 191st most exported product in Italy. The main destination of Electric Furnaces exports from Italy are: United States ($79.5M), France ($67.5M), Germany ($45.6M), Spain ($32.3M), and Russia ($32.2M).

The fastest growing export markets for Electric Furnaces of Italy between 2021 and 2022 were United States ($22.3M), France ($9.26M), and Turkey ($8.86M).

Imports In 2022, Italy imported $125M in Electric Furnaces, becoming the 14th largest importer of Electric Furnaces in the world. At the same year, Electric Furnaces was the 542nd most imported product in Italy. Italy imports Electric Furnaces primarily from: Germany ($48.9M), Switzerland ($12.7M), China ($10.9M), United States ($10.2M), and France ($7.83M).

The fastest growing import markets in Electric Furnaces for Italy between 2021 and 2022 were France ($4.73M), China ($4.09M), and United States ($3.85M).

COMPANIES In 2023, leading companies such as Marelli Automotive Lighting (4), BSH Home Appliances (1), and SMP Automotive (1) were at the forefront of shipping Electric Furnaces from Italy to the United States.

Latest Trends

August 2024

About

Overview In August 2024 Italy's Electric Furnaces exports accounted up to €47.2M and imports accounted up to €9.57M, resulting in a positive trade balance of €37.6M. Between August 2023 and August 2024 the exports of Italy's   Electric Furnaces have increased by €15.1M (47.2%) from €32M to €47.2M, while imports increased by €4.57M (91.3%) from €5M to €9.57M.

Destinations In August 2024, Electric Furnaces were exported mostly to United States (€4.8M), Switzerland (€4.74M), Poland (€4.55M), France (€3.63M), and Russia (€3.58M), and were imported mostly from China (€3.45M), Germany (€1.78M), United Kingdom (€840k), Switzerland (€602k), and United States (€452k).

Growth In August 2024, the increase in Electric Furnaces's year-by-year exports was explained primarily by an increase in exports to Indonesia (€1.81M or 622%), France (€1.7M or 62.6%), and Sweden (€1.26M or 585%). In August 2024, the increase in Electric Furnaces's year-by-year imports was explained primarily by an increase in imports from Germany (€3.68M or 238%), France (€1.27M or 542%), and Romania (€666k or 274%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)€15.1M(47.2%)
IMPORT GROWTH (August 2023 - August 2024)€4.57M(91.3%)
MAIN DESTINATION (August 2024)United States€4.8M

This section shows Electric Furnaces'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 Electric Furnaces over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$722M
IMPORTS (2022)$125M
NET TRADE (2022)$597M

In 2022, Italy exported $722M in Electric Furnaces. The main destinations of Italy exports on Electric Furnaces were United States ($79.5M), France ($67.5M), Germany ($45.6M), Spain ($32.3M), and Russia ($32.2M).

In 2022, Italy imported $125M in Electric Furnaces, mainly from Germany ($48.9M), Switzerland ($12.7M), China ($10.9M), United States ($10.2M), and France ($7.83M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electric Furnaces EXPORT MARKETS FOR Italy WERE (2021 - 2022):
United States$22.3M (39.1%)
France$9.26M (15.9%)
Turkey$8.86M (86.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Furnaces BY Italy WERE (2021 - 2022):
China-$13M (-28.8%)
Ukraine-$6.6M (-62.9%)
Egypt-$6.2M (-51.2%)
Explore Visualizations

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Electric Furnaces were:
China $1.22B
Germany $882M
In 2022, Italy's main importing competitors in Electric Furnaces were:
China $759M
United States $660M
Indonesia $306M

Explore Visualizations

Trade Value of Electric Furnaces by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $15.7M
TOP IMPORT POTENTIALChina+ $6.19M

Electric Furnaces’s highest export potential is China. With an export gap of $15.7M.   Electric Furnaces’s highest import potential is China with an import gap of $6.19M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms