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2023
Exports $451MWorld Rnk 6 / 104
Flag Rnk 252 / 1216
2023
Destination $32.4M China
2022 - 2023
FASTEST GROWING MARKET $32.4MChina
2023
PRODUCT COMPLEXITY IN Metalworking Transfer Machines2.12Rnk 2 / 1025
2023
Imports $466MWorld Rnk 6 / 169
Flag Rnk 250 / 1213
2023
Origin $55.2M Germany
2022 - 2023
FASTEST GROWING ORIGIN $55.2MGermany
2023
ECONOMIC COMPLEXITY of Italy1.29Rnk 18 / 132

About

Exports In 2023, Italy exported $451M in Metalworking Transfer Machines, making it the 6th largest exporter of Metalworking Transfer Machines in the world. At the same year, Metalworking Transfer Machines was the 252nd most exported product in Italy. The main destination of Metalworking Transfer Machines exports from Italy are: China ($87.1M), United States ($63.5M), Turkey ($28M), France ($21.9M), and Germany ($21.1M).

The fastest growing export markets for Metalworking Transfer Machines of Italy between 2022 and 2023 were China ($32.4M), Turkey ($17.8M), and United States ($13.5M).

Imports In 2023, Italy imported $466M in Metalworking Transfer Machines, becoming the 6th largest importer of Metalworking Transfer Machines in the world. At the same year, Metalworking Transfer Machines was the 250th most imported product in Italy. Italy imports Metalworking Transfer Machines primarily from: Germany ($155M), South Korea ($74.1M), Belgium ($67.5M), Japan ($48.9M), and Chinese Taipei ($36.7M).

The fastest growing import markets in Metalworking Transfer Machines for Italy between 2022 and 2023 were Germany ($55.2M), Switzerland ($3.81M), and Finland ($1.83M).

COMPANIES In 2023, leading companies such as Trumpf (4) and ES Windows (1) were at the forefront of shipping Metalworking Transfer Machines from Italy to the United States.

Latest Trends

October 2024

About

Overview In October 2024 Italy's Metalworking Transfer Machines exports accounted up to €43.6M and imports accounted up to €20.5M, resulting in a positive trade balance of €23.1M. Between October 2023 and October 2024 the exports of Italy's   Metalworking Transfer Machines have increased by €4.39M (11.2%) from €39.2M to €43.6M, while imports decreased by €-11.7M (-36.4%) from €32.2M to €20.5M.

Destinations In October 2024, Metalworking Transfer Machines were exported mostly to China (€8.33M), Netherlands (€5.6M), Turkey (€3.64M), United States (€3.36M), and Indonesia (€3.17M), and were imported mostly from Germany (€9.71M), South Korea (€3.61M), Belgium (€2.51M), Chinese Taipei (€1.4M), and Japan (€1.28M).

Growth In October 2024, the increase in Metalworking Transfer Machines's year-by-year exports was explained primarily by an increase in exports to China (€3.74M or 93.1%), United States (€1.67M or 37.4%), and Austria (€1.08M or 62.7%). In October 2024, the decrease in Metalworking Transfer Machines's year-by-year imports was explained primarily by a decrease in imports from Japan (€-7.54M or -73.5%), Chinese Taipei (€-3.02M or -54.7%), and South Korea (€-1.62M or -19.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)€4.39M(11.2%)
IMPORT GROWTH (October 2023 - October 2024)€-11.7M(-36.4%)
MAIN DESTINATION (October 2024)China€8.33M

This section shows Metalworking Transfer 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 Metalworking Transfer Machines over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$451M
IMPORTS (2023)$466M
NET TRADE (2023)-$14.7M

In 2023, Italy exported $451M in Metalworking Transfer Machines. The main destinations of Italy exports on Metalworking Transfer Machines were China ($87.1M), United States ($63.5M), Turkey ($28M), France ($21.9M), and Germany ($21.1M).

In 2023, Italy imported $466M in Metalworking Transfer Machines, mainly from Germany ($155M), South Korea ($74.1M), Belgium ($67.5M), Japan ($48.9M), and Chinese Taipei ($36.7M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Metalworking Transfer Machines EXPORT MARKETS FOR Italy WERE (2022 - 2023):
China$32.4M (59.3%)
Turkey$17.8M (175%)
United States$13.5M (26.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metalworking Transfer Machines BY Italy WERE (2022 - 2023):
Spain-$11.1M (-40.5%)
Russia-$10.8M (-88.7%)
Czechia-$6.54M (-59.7%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Italy's main exporting competitors in Metalworking Transfer Machines were:
Japan $2.78B
Germany $2.04B
Chinese Taipei $960M
In 2023, Italy's main importing competitors in Metalworking Transfer Machines were:
China $1.78B
United States $1.61B
Turkey $670M

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Trade Value of Metalworking Transfer Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $16.8M
TOP IMPORT POTENTIALSwitzerland+ $8.99M

Metalworking Transfer Machines’s highest export potential is China. With an export gap of $16.8M.   Metalworking Transfer Machines’s highest import potential is Switzerland with an import gap of $8.99M.

See methodology.

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