2022
Exports
$654MWorld Rnk 15 / 209
Flag Rnk 204 / 1217
2022
PRODUCT COMPLEXITY IN Electrical Lighting and Signalling Equipment
0.96Rnk 190 / 1025
2022
Imports
$656MWorld Rnk 13 / 222
Flag Rnk 198 / 1215
2022
ECONOMIC COMPLEXITY of Italy
1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $654M in Electrical Lighting and Signalling Equipment, making it the 15th largest exporter of Electrical Lighting and Signalling Equipment in the world. At the same year, Electrical Lighting and Signalling Equipment was the 204th most exported product in Italy. The main destination of Electrical Lighting and Signalling Equipment exports from Italy are: Germany ($167M), France ($88.5M), Poland ($49M), Spain ($43.6M), and Slovakia ($42.3M).

The fastest growing export markets for Electrical Lighting and Signalling Equipment of Italy between 2021 and 2022 were Hungary ($3.81M), Morocco ($1.81M), and Tunisia ($1.65M).

Imports In 2022, Italy imported $656M in Electrical Lighting and Signalling Equipment, becoming the 13th largest importer of Electrical Lighting and Signalling Equipment in the world. At the same year, Electrical Lighting and Signalling Equipment was the 198th most imported product in Italy. Italy imports Electrical Lighting and Signalling Equipment primarily from: Germany ($132M), Hungary ($69.9M), China ($54.5M), Poland ($54.3M), and France ($45.8M).

The fastest growing import markets in Electrical Lighting and Signalling Equipment for Italy between 2021 and 2022 were Hungary ($61.3M), Chinese Taipei ($5.63M), and France ($5.6M).

COMPANIES In 2023, leading companies such as Marelli Automotive Lighting (19), John Deere (6), and ZF Friedrichshafen (5) were at the forefront of shipping Electrical Lighting and Signalling Equipment from Italy to the United States.

Latest Trends

July 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)€6.41M(12.4%)
IMPORT GROWTH (July 2023 - July 2024)€-3.33M(-6.1%)
MAIN DESTINATION (July 2024)Germany€17.2M

This section shows Electrical Lighting and Signalling Equipment'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 Electrical Lighting and Signalling Equipment over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$654M
IMPORTS (2022)$656M
NET TRADE (2022)-$1.61M

In 2022, Italy exported $654M in Electrical Lighting and Signalling Equipment. The main destinations of Italy exports on Electrical Lighting and Signalling Equipment were Germany ($167M), France ($88.5M), Poland ($49M), Spain ($43.6M), and Slovakia ($42.3M).

In 2022, Italy imported $656M in Electrical Lighting and Signalling Equipment, mainly from Germany ($132M), Hungary ($69.9M), China ($54.5M), Poland ($54.3M), and France ($45.8M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electrical Lighting and Signalling Equipment EXPORT MARKETS FOR Italy WERE (2021 - 2022):
Hungary$3.81M (23.3%)
Morocco$1.81M (132%)
Tunisia$1.65M (75.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Lighting and Signalling Equipment BY Italy WERE (2021 - 2022):
Brazil-$17M (-52%)
Germany-$7.15M (-4.12%)
Spain-$6.78M (-13.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Electrical Lighting and Signalling Equipment were:
China $5.89B
Mexico $3.86B
Germany $3.32B
In 2022, Italy's main importing competitors in Electrical Lighting and Signalling Equipment were:

Explore Visualizations

Trade Value of Electrical Lighting and Signalling Equipment by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $31.9M
TOP IMPORT POTENTIALChina+ $35.3M

Electrical Lighting and Signalling Equipment’s highest export potential is United States. With an export gap of $31.9M.   Electrical Lighting and Signalling Equipment’s highest import potential is China with an import gap of $35.3M.

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