Excavation Machinery in   Italy

Exports In 2021, Italy exported $3.56B in Excavation Machinery, making it the 4th largest exporter of Excavation Machinery in the world. At the same year, Excavation Machinery was the 33rd most exported product in Italy. The main destination of Excavation Machinery exports from Italy are: Germany ($468M), United States ($423M), France ($419M), United Kingdom ($179M), and Netherlands ($142M).

The fastest growing export markets for Excavation Machinery of Italy between 2020 and 2021 were United States ($107M), Germany ($100M), and France ($85.3M).

Imports In 2021, Italy imported $1.63B in Excavation Machinery, becoming the 10th largest importer of Excavation Machinery in the world. At the same year, Excavation Machinery was the 77th most imported product in Italy. Italy imports Excavation Machinery primarily from: China ($317M), Germany ($219M), Czechia ($106M), France ($101M), and Austria ($68.3M).

The fastest growing import markets in Excavation Machinery for Italy between 2020 and 2021 were China ($121M), Germany ($62.2M), and Belgium ($35.5M).

Tariffs In 2019, the average tariff for Italy in Excavation Machinery was 0.68%. The countries with the highest import tariffs for Excavation Machinery were Republic of the Congo (Most Favoured Nation duty rate treatment, 1.87%), Western Sahara (Most Favoured Nation duty rate treatment, 1.87%), Gabon (Most Favoured Nation duty rate treatment, 1.87%), Libya (Most Favoured Nation duty rate treatment, 1.87%), and Mayotte (Most Favoured Nation duty rate treatment, 1.87%).