NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2023
Exports $161MWorld Rnk 4 / 119
Flag Rnk 465 / 1216
2023
Destination $2.62M Turkey
2022 - 2023
FASTEST GROWING MARKET $2.62MUzbekistan
2023
PRODUCT COMPLEXITY IN Knitting Machines1.06Rnk 157 / 1025
2023
Imports $84.2MWorld Rnk 7 / 188
Flag Rnk 629 / 1213
2023
Origin $1.27M Japan
2022 - 2023
FASTEST GROWING ORIGIN $1.27MSlovenia
2023
ECONOMIC COMPLEXITY of Italy1.29Rnk 18 / 132

About

Exports In 2023, Italy exported $161M in Knitting Machines, making it the 4th largest exporter of Knitting Machines in the world. At the same year, Knitting Machines was the 465th most exported product in Italy. The main destination of Knitting Machines exports from Italy are: Turkey ($40.7M), India ($10.3M), China ($9.47M), United States ($9.01M), and Brazil ($8.95M).

The fastest growing export markets for Knitting Machines of Italy between 2022 and 2023 were Uzbekistan ($2.62M), Mexico ($2.07M), and Canada ($1.96M).

Imports In 2023, Italy imported $84.2M in Knitting Machines, becoming the 7th largest importer of Knitting Machines in the world. At the same year, Knitting Machines was the 629th most imported product in Italy. Italy imports Knitting Machines primarily from: Japan ($35.7M), Germany ($27.4M), China ($9.55M), Switzerland ($3.07M), and France ($1.29M).

The fastest growing import markets in Knitting Machines for Italy between 2022 and 2023 were Slovenia ($1.27M), Switzerland ($1.05M), and Serbia ($664k).

Latest Trends

October 2024

About

Overview In October 2024 Italy's Knitting Machines exports accounted up to €8.09M and imports accounted up to €2.81M, resulting in a positive trade balance of €5.28M. Between October 2023 and October 2024 the exports of Italy's   Knitting Machines have decreased by €-3.5M (-30.2%) from €11.6M to €8.09M, while imports decreased by €-5.07M (-64.3%) from €7.88M to €2.81M.

Destinations In October 2024, Knitting Machines were exported mostly to Egypt (€1.91M), Turkey (€1.43M), Germany (€992k), United States (€706k), and Spain (€511k), and were imported mostly from Germany (€1.22M), Japan (€867k), China (€435k), Spain (€99.4k), and Switzerland (€90.5k).

Growth In October 2024, the decrease in Knitting Machines's year-by-year exports was explained primarily by a decrease in exports to Brazil (€-1.96M or -93.3%), United States (€-835k or -84.9%), and Mexico (€-523k or -79.9%). In October 2024, the decrease in Knitting Machines's year-by-year imports was explained primarily by a decrease in imports from Germany (€-1.22M or -46.6%), China (€-839k or -45.8%), and France (€-668k or -75.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)€-3.5M(-30.2%)
IMPORT GROWTH (October 2023 - October 2024)€-5.07M(-64.3%)
MAIN DESTINATION (October 2024)Egypt€1.91M

This section shows Knitting 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 Knitting Machines over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2023)$161M
IMPORTS (2023)$84.2M
NET TRADE (2023)$76.4M

In 2023, Italy exported $161M in Knitting Machines. The main destinations of Italy exports on Knitting Machines were Turkey ($40.7M), India ($10.3M), China ($9.47M), United States ($9.01M), and Brazil ($8.95M).

In 2023, Italy imported $84.2M in Knitting Machines, mainly from Japan ($35.7M), Germany ($27.4M), China ($9.55M), Switzerland ($3.07M), and France ($1.29M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Knitting Machines EXPORT MARKETS FOR Italy WERE (2022 - 2023):
Uzbekistan$2.62M (762%)
Mexico$2.07M (125%)
Canada$1.96M (211%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knitting Machines BY Italy WERE (2022 - 2023):
Turkey-$48M (-54.2%)
Brazil-$9.54M (-51.6%)
India-$7.21M (-41.1%)
Explore Visualizations

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Italy's main exporting competitors in Knitting Machines were:
China $1.1B
Japan $420M
Germany $304M
In 2023, Italy's main importing competitors in Knitting Machines were:
India $410M
Turkey $233M
United States $215M

Explore Visualizations

Trade Value of Knitting Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $4.67M
TOP IMPORT POTENTIALChina+ $5.77M

Knitting Machines’s highest export potential is India. With an export gap of $4.67M.   Knitting Machines’s highest import potential is China with an import gap of $5.77M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms