Iron Pipe Fittings in Italy | The Observatory of Economic Complexity

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Exports In 2022, Italy exported $1.98B in Iron Pipe Fittings, making it the 2nd largest exporter of Iron Pipe Fittings in the world. At the same year, Iron Pipe Fittings was the 72nd most exported product in Italy. The main destination of Iron Pipe Fittings exports from Italy are: Germany ($260M), United States ($247M), France ($146M), United Kingdom ($85.2M), and Netherlands ($84.2M).

The fastest growing export markets for Iron Pipe Fittings of Italy between 2021 and 2022 were United States ($110M), Germany ($43.6M), and Mexico ($24.2M).

Imports In 2022, Italy imported $582M in Iron Pipe Fittings, becoming the 10th largest importer of Iron Pipe Fittings in the world. At the same year, Iron Pipe Fittings was the 213th most imported product in Italy. Italy imports Iron Pipe Fittings primarily from: China ($177M), Germany ($87.4M), Romania ($33.5M), Spain ($30.2M), and India ($24.7M).

The fastest growing import markets in Iron Pipe Fittings for Italy between 2021 and 2022 were China ($59.7M), Romania ($12.1M), and India ($4.84M).

COMPANIES In 2023, leading companies such as DANFOSS POWER SOLUTIONS II, LLC (198) and DANFOSS POWER SOLUTION (US) COMPANY (20) were at the forefront of shipping Iron Pipe Fittings from Italy to the United States.

Latest Trends

December 2023

About

Overview In December 2023 Italy's Iron Pipe Fittings exports accounted up to €125M and imports accounted up to €27.1M, resulting in a positive trade balance of €98M. Between December 2022 and December 2023 the exports of Italy's Iron Pipe Fittings have decreased by €-25.1M (-16.7%) from €150M to €125M, while imports decreased by €-2.8M (-9.38%) from €29.9M to €27.1M.

Destinations In December 2023, Iron Pipe Fittings were exported mostly to United States (€23.3M), Saudi Arabia (€11.1M), Germany (€11M), France (€7.36M), and United Arab Emirates (€6.52M), and were imported mostly from China (€6.71M), Germany (€4.54M), France (€4.03M), Spain (€1.76M), and United Kingdom (€1.58M).

Growth In December 2023, the decrease in Iron Pipe Fittings's year-by-year exports was explained primarily by a decrease in exports to Russia (€-1.03M or -50.6%), Canada (€-559k or -24.9%), and United Arab Emirates (€-375k or -10.9%). In December 2023, the decrease in Iron Pipe Fittings's year-by-year imports was explained primarily by a decrease in imports from China (€-2.73M or -21%), Romania (€-2.31M or -67%), and Spain (€-702k or -20.5%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (December 2022 - December 2023)€-25.1M(-16.7%)

IMPORT GROWTH (December 2022 - December 2023)€-2.8M(-9.38%)

MAIN DESTINATION (December 2023)United States€23.3M

This section shows Iron Pipe Fittings'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 Iron Pipe Fittings over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$1.98B

IMPORTS (2022)$582M

NET TRADE (2022)$1.4B

In 2022, Italy exported $1.98B in Iron Pipe Fittings. The main destinations of Italy exports on Iron Pipe Fittings were Germany ($260M), United States ($247M), France ($146M), United Kingdom ($85.2M), and Netherlands ($84.2M).

In 2022, Italy imported $582M in Iron Pipe Fittings, mainly from China ($177M), Germany ($87.4M), Romania ($33.5M), Spain ($30.2M), and India ($24.7M).

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