Glass Working Machines in Italy | The Observatory of Economic Complexity

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Exports In 2022, Italy exported $365M in Glass Working Machines, making it the 7th largest exporter of Glass Working Machines in the world. At the same year, Glass Working Machines was the 296th most exported product in Italy. The main destination of Glass Working Machines exports from Italy are: China ($79.2M), Mexico ($50.5M), India ($26.2M), Germany ($19.4M), and France ($16.8M).

The fastest growing export markets for Glass Working Machines of Italy between 2021 and 2022 were China ($51.9M), Mexico ($21.1M), and Qatar ($9.47M).

Imports In 2022, Italy imported $137M in Glass Working Machines, becoming the 13th largest importer of Glass Working Machines in the world. At the same year, Glass Working Machines was the 520th most imported product in Italy. Italy imports Glass Working Machines primarily from: Belgium ($56M), Malaysia ($16.7M), Sweden ($16.7M), United Kingdom ($5.34M), and Finland ($5.06M).

The fastest growing import markets in Glass Working Machines for Italy between 2021 and 2022 were Malaysia ($16.4M), Sweden ($12.5M), and United Kingdom ($2.65M).

COMPANIES In 2023, leading companies such as GOODYEAR TIRE & RUBBER CO. (61) and SOHO STUDIO LLC (14) were at the forefront of shipping Glass Working Machines from Italy to the United States.

Latest Trends

December 2023

About

Overview In December 2023 Italy's Glass Working Machines exports accounted up to €29.9M and imports accounted up to €4.19M, resulting in a positive trade balance of €25.8M. Between December 2022 and December 2023 the exports of Italy's Glass Working Machines have decreased by €-6.78M (-18.5%) from €36.7M to €29.9M, while imports decreased by €-11.2M (-72.7%) from €15.3M to €4.19M.

Destinations In December 2023, Glass Working Machines were exported mostly to Turkey (€6.31M), United States (€4.97M), Brazil (€4.07M), Indonesia (€2.73M), and Mexico (€2.49M), and were imported mostly from Belgium (€1.05M), Sweden (€800k), Luxembourg (€433k), France (€386k), and United States (€347k).

Growth In December 2023, the decrease in Glass Working Machines's year-by-year exports was explained primarily by a decrease in exports to Indonesia (€-3.97M or -98.3%), Belgium (€-1.79M or -99.6%), and China (€-1.41M or -74.1%). In December 2023, the decrease in Glass Working Machines's year-by-year imports was explained primarily by a decrease in imports from China (€-77.3k or -90.4%) and Netherlands (€-6.09k or -67.5%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (December 2022 - December 2023)€-6.78M(-18.5%)

IMPORT GROWTH (December 2022 - December 2023)€-11.2M(-72.7%)

MAIN DESTINATION (December 2023)Turkey€6.31M

This section shows Glass Working Machines'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 Glass Working Machines over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$365M

IMPORTS (2022)$137M

NET TRADE (2022)$228M

In 2022, Italy exported $365M in Glass Working Machines. The main destinations of Italy exports on Glass Working Machines were China ($79.2M), Mexico ($50.5M), India ($26.2M), Germany ($19.4M), and France ($16.8M).

In 2022, Italy imported $137M in Glass Working Machines, mainly from Belgium ($56M), Malaysia ($16.7M), Sweden ($16.7M), United Kingdom ($5.34M), and Finland ($5.06M).

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