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2022
Exports $1.76BWorld Rnk 4 / 171
Flag Rnk 87 / 1217
2022
Destination $99.2M United States
2021 - 2022
FASTEST GROWING MARKET $99.2MUnited States
2022
PRODUCT COMPLEXITY IN Fork-Lifts1.54Rnk 42 / 1025
2022
Imports $1.09BWorld Rnk 7 / 218
Flag Rnk 126 / 1215
2022
Origin $65.6M Germany
2021 - 2022
FASTEST GROWING ORIGIN $65.6MGermany
2022
ECONOMIC COMPLEXITY of Italy1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $1.76B in Fork-Lifts, making it the 4th largest exporter of Fork-Lifts in the world. At the same year, Fork-Lifts was the 87th most exported product in Italy. The main destination of Fork-Lifts exports from Italy are: United States ($306M), Germany ($285M), France ($182M), Belgium ($114M), and United Kingdom ($112M).

The fastest growing export markets for Fork-Lifts of Italy between 2021 and 2022 were United States ($99.2M), Canada ($24.1M), and United Kingdom ($20.7M).

Imports In 2022, Italy imported $1.09B in Fork-Lifts, becoming the 7th largest importer of Fork-Lifts in the world. At the same year, Fork-Lifts was the 126th most imported product in Italy. Italy imports Fork-Lifts primarily from: Germany ($544M), France ($105M), China ($104M), Netherlands ($90M), and Sweden ($80.2M).

The fastest growing import markets in Fork-Lifts for Italy between 2021 and 2022 were Germany ($65.6M), China ($51.9M), and Finland ($18.8M).

Latest Trends

July 2024

About

Overview In July 2024 Italy's Fork-Lifts exports accounted up to €194M and imports accounted up to €82.6M, resulting in a positive trade balance of €111M. Between June 2023 and July 2024 the exports of Italy's   Fork-Lifts have decreased by €-5.37M (-2.69%) from €199M to €194M, while imports decreased by €-23.8M (-22.3%) from €106M to €82.6M.

Destinations In July 2024, Fork-Lifts were exported mostly to United States (€31.3M), Germany (€25.2M), France (€19.3M), United Kingdom (€19.2M), and Belgium (€9.03M), and were imported mostly from Germany (€44.9M), France (€10.5M), China (€5.75M), Sweden (€5.68M), and Netherlands (€5.37M).

Growth In July 2024, the decrease in Fork-Lifts's year-by-year exports was explained primarily by a decrease in exports to Russia (€-2.16M or -75.6%), Ireland (€-1.26M or -79.4%), and Egypt (€-244k or -82.8%). In July 2024, the decrease in Fork-Lifts's year-by-year imports was explained primarily by a decrease in imports from Sweden (€-2.19M or -45.1%), Finland (€-975k or -62.3%), and South Korea (€-356k or -45.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - July 2024)€-5.37M(-2.69%)
IMPORT GROWTH (June 2023 - July 2024)€-23.8M(-22.3%)
MAIN DESTINATION (July 2024)United States€31.3M

This section shows Fork-Lifts'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 Fork-Lifts over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.76B
IMPORTS (2022)$1.09B
NET TRADE (2022)$664M

In 2022, Italy exported $1.76B in Fork-Lifts. The main destinations of Italy exports on Fork-Lifts were United States ($306M), Germany ($285M), France ($182M), Belgium ($114M), and United Kingdom ($112M).

In 2022, Italy imported $1.09B in Fork-Lifts, mainly from Germany ($544M), France ($105M), China ($104M), Netherlands ($90M), and Sweden ($80.2M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Fork-Lifts EXPORT MARKETS FOR Italy WERE (2021 - 2022):
United States$99.2M (48%)
Canada$24.1M (137%)
United Kingdom$20.7M (22.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Fork-Lifts BY Italy WERE (2021 - 2022):
France-$35.7M (-16.4%)
Belgium-$17.3M (-13.2%)
Russia-$9.95M (-31.2%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Fork-Lifts were:
China $6.29B
Germany $3.95B
United States $2.16B
In 2022, Italy's main importing competitors in Fork-Lifts were:
United States $4.37B
Germany $1.4B
Netherlands $1.4B

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Trade Value of Fork-Lifts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $39.1M
TOP IMPORT POTENTIALChina+ $46.9M

Fork-Lifts’s highest export potential is United States. With an export gap of $39.1M.   Fork-Lifts’s highest import potential is China with an import gap of $46.9M.

See methodology.

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