2022
Exports
$4.8BWorld Rnk 4 / 221
Flag Rnk 18 / 1217
2022
PRODUCT COMPLEXITY IN Liquid Pumps
1.19Rnk 105 / 1025
2022
Imports
$1.98BWorld Rnk 8 / 225
Flag Rnk 69 / 1215
2022
ECONOMIC COMPLEXITY of Italy
1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $4.8B in Liquid Pumps, making it the 4th largest exporter of Liquid Pumps in the world. At the same year, Liquid Pumps was the 18th most exported product in Italy. The main destination of Liquid Pumps exports from Italy are: Germany ($620M), United States ($519M), France ($319M), United Kingdom ($197M), and China ($180M).

The fastest growing export markets for Liquid Pumps of Italy between 2021 and 2022 were United States ($92.6M), Turkey ($29.4M), and Czechia ($21.4M).

Imports In 2022, Italy imported $1.98B in Liquid Pumps, becoming the 8th largest importer of Liquid Pumps in the world. At the same year, Liquid Pumps was the 69th most imported product in Italy. Italy imports Liquid Pumps primarily from: Germany ($525M), China ($341M), France ($175M), Czechia ($109M), and Poland ($108M).

The fastest growing import markets in Liquid Pumps for Italy between 2021 and 2022 were China ($42.1M), Hungary ($11.9M), and India ($10.8M).

COMPANIES In 2023, leading companies such as Danfoss (18), Cummins (12), and Robert Bosch (8) were at the forefront of shipping Liquid Pumps from Italy to the United States.

Latest Trends

August 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)€11.6M(4.45%)
IMPORT GROWTH (August 2023 - August 2024)€-10.4M(-7.67%)
MAIN DESTINATION (August 2024)Germany€37.6M

This section shows Liquid Pumps'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 Liquid Pumps over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$4.8B
IMPORTS (2022)$1.98B
NET TRADE (2022)$2.82B

In 2022, Italy exported $4.8B in Liquid Pumps. The main destinations of Italy exports on Liquid Pumps were Germany ($620M), United States ($519M), France ($319M), United Kingdom ($197M), and China ($180M).

In 2022, Italy imported $1.98B in Liquid Pumps, mainly from Germany ($525M), China ($341M), France ($175M), Czechia ($109M), and Poland ($108M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Liquid Pumps EXPORT MARKETS FOR Italy WERE (2021 - 2022):
United States$92.6M (21.7%)
Turkey$29.4M (29.1%)
Czechia$21.4M (35.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Liquid Pumps BY Italy WERE (2021 - 2022):
China-$87.4M (-32.6%)
Russia-$32.4M (-24.1%)
Singapore-$24.7M (-53.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Liquid Pumps were:
In 2022, Italy's main importing competitors in Liquid Pumps were:

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Trade Value of Liquid Pumps by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $175M
TOP IMPORT POTENTIALChina+ $99.8M

Liquid Pumps’s highest export potential is United States. With an export gap of $175M.   Liquid Pumps’s highest import potential is China with an import gap of $99.8M.

See methodology.

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