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2022
Exports $1.76BWorld Rnk 4 / 194
Flag Rnk 88 / 1217
2022
Destination $75.6M United States
2021 - 2022
FASTEST GROWING MARKET $75.6MUnited States
2022
PRODUCT COMPLEXITY IN Harvesting Machinery0.77Rnk 257 / 1025
2022
Imports $758MWorld Rnk 10 / 222
Flag Rnk 172 / 1215
2022
Origin $26.3M Germany
2021 - 2022
FASTEST GROWING ORIGIN $26.3MChina
2022
ECONOMIC COMPLEXITY of Italy1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $1.76B in Harvesting Machinery, making it the 4th largest exporter of Harvesting Machinery in the world. At the same year, Harvesting Machinery was the 88th most exported product in Italy. The main destination of Harvesting Machinery exports from Italy are: United States ($301M), France ($226M), Germany ($220M), Belgium ($89.4M), and Austria ($85.3M).

The fastest growing export markets for Harvesting Machinery of Italy between 2021 and 2022 were United States ($75.6M), Germany ($16.6M), and France ($14M).

Imports In 2022, Italy imported $758M in Harvesting Machinery, becoming the 10th largest importer of Harvesting Machinery in the world. At the same year, Harvesting Machinery was the 172nd most imported product in Italy. Italy imports Harvesting Machinery primarily from: Germany ($159M), China ($122M), France ($117M), Belgium ($99.2M), and Netherlands ($53.4M).

The fastest growing import markets in Harvesting Machinery for Italy between 2021 and 2022 were China ($26.3M), France ($17M), and Belgium ($15.4M).

COMPANIES In 2023, leading companies such as Kubota (17), CNH Industrial (5), and John Deere (3) were at the forefront of shipping Harvesting Machinery from Italy to the United States.

Latest Trends

July 2024

About

Overview In July 2024 Italy's Harvesting Machinery exports accounted up to €157M and imports accounted up to €50.3M, resulting in a positive trade balance of €107M. Between July 2023 and July 2024 the exports of Italy's   Harvesting Machinery have decreased by €-8.4M (-5.06%) from €166M to €157M, while imports increased by €4.67M (10.2%) from €45.6M to €50.3M.

Destinations In July 2024, Harvesting Machinery were exported mostly to Chile (€24.8M), United States (€23.2M), France (€16.3M), Germany (€15.8M), and Spain (€5.58M), and were imported mostly from Germany (€12.3M), France (€11.1M), Belgium (€7.38M), China (€6.95M), and Netherlands (€3.98M).

Growth In July 2024, the decrease in Harvesting Machinery's year-by-year exports was explained primarily by a decrease in exports to Austria (€-617k or -8.88%), Qatar (€-28.8k or -80.8%), and Mexico (€-24k or -23.7%). In July 2024, the increase in Harvesting Machinery's year-by-year imports was explained primarily by an increase in imports from Turkey (€813k or 77.6%), Austria (€736k or 31%), and Slovakia (€473k or 34.9%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)€-8.4M(-5.06%)
IMPORT GROWTH (July 2023 - July 2024)€4.67M(10.2%)
MAIN DESTINATION (July 2024)Chile€24.8M

This section shows Harvesting Machinery'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 Harvesting Machinery over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.76B
IMPORTS (2022)$758M
NET TRADE (2022)$998M

In 2022, Italy exported $1.76B in Harvesting Machinery. The main destinations of Italy exports on Harvesting Machinery were United States ($301M), France ($226M), Germany ($220M), Belgium ($89.4M), and Austria ($85.3M).

In 2022, Italy imported $758M in Harvesting Machinery, mainly from Germany ($159M), China ($122M), France ($117M), Belgium ($99.2M), and Netherlands ($53.4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Harvesting Machinery EXPORT MARKETS FOR Italy WERE (2021 - 2022):
United States$75.6M (33.5%)
Germany$16.6M (8.16%)
France$14M (6.57%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Harvesting Machinery BY Italy WERE (2021 - 2022):
Chile-$66.9M (-53.2%)
Ukraine-$16M (-52.7%)
Russia-$10.8M (-18.6%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Harvesting Machinery were:
Germany $5.01B
United States $4.73B
China $4.04B
In 2022, Italy's main importing competitors in Harvesting Machinery were:
United States $4.28B
Germany $2.68B
France $2.34B

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Trade Value of Harvesting Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $62.9M
TOP IMPORT POTENTIALFrance+ $34.8M

Harvesting Machinery’s highest export potential is France. With an export gap of $62.9M.   Harvesting Machinery’s highest import potential is France with an import gap of $34.8M.

See methodology.

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