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2022
Exports $675MWorld Rnk 16 / 216
Flag Rnk 199 / 1217
2022
Destination $18.3M France
2021 - 2022
FASTEST GROWING MARKET $18.3MUnited Kingdom
2022
PRODUCT COMPLEXITY IN Other Electrical Machinery1.33Rnk 86 / 1025
2022
Imports $1.26BWorld Rnk 14 / 224
Flag Rnk 102 / 1215
2022
Origin $82.4M Germany
2021 - 2022
FASTEST GROWING ORIGIN $82.4MGermany
2022
ECONOMIC COMPLEXITY of Italy1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $675M in Other Electrical Machinery, making it the 16th largest exporter of Other Electrical Machinery in the world. At the same year, Other Electrical Machinery was the 199th most exported product in Italy. The main destination of Other Electrical Machinery exports from Italy are: France ($71.4M), Germany ($64.6M), United Kingdom ($42.5M), Spain ($41.3M), and United States ($40.5M).

The fastest growing export markets for Other Electrical Machinery of Italy between 2021 and 2022 were United Kingdom ($18.3M), Russia ($9.09M), and Qatar ($7.51M).

Imports In 2022, Italy imported $1.26B in Other Electrical Machinery, becoming the 14th largest importer of Other Electrical Machinery in the world. At the same year, Other Electrical Machinery was the 102nd most imported product in Italy. Italy imports Other Electrical Machinery primarily from: Germany ($357M), China ($245M), Croatia ($108M), United Kingdom ($95.5M), and France ($78.6M).

The fastest growing import markets in Other Electrical Machinery for Italy between 2021 and 2022 were Germany ($82.4M), Croatia ($42M), and Poland ($19.6M).

COMPANIES In 2023, leading companies such as BSH Home Appliances (17), Pirelli Tires (2), and The Tile Shop (1) were at the forefront of shipping Other Electrical Machinery from Italy to the United States.

Latest Trends

July 2024

About

Overview In July 2024 Italy's Other Electrical Machinery exports accounted up to €71.7M and imports accounted up to €89.3M, resulting in a negative trade balance of €17.6M. Between July 2023 and July 2024 the exports of Italy's   Other Electrical Machinery have increased by €5.72M (8.66%) from €66M to €71.7M, while imports increased by €29.2M (48.6%) from €60.1M to €89.3M.

Destinations In July 2024, Other Electrical Machinery were exported mostly to Brazil (€7M), Spain (€6.44M), United States (€5.61M), France (€5.55M), and United Kingdom (€4.35M), and were imported mostly from Germany (€23.2M), Poland (€11.2M), Croatia (€10.1M), China (€8.17M), and United Kingdom (€6.38M).

Growth In July 2024, the increase in Other Electrical Machinery's year-by-year exports was explained primarily by an increase in exports to Brazil (€4.65M or 938%), Germany (€1.86M or 69%), and Russia (€1.25M or 1.07k%). In July 2024, the increase in Other Electrical Machinery's year-by-year imports was explained primarily by an increase in imports from Germany (€14.3M or 58.8%), Spain (€1.93M or 139%), and United Kingdom (€1.67M or 62.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)€5.72M(8.66%)
IMPORT GROWTH (July 2023 - July 2024)€29.2M(48.6%)
MAIN DESTINATION (July 2024)Brazil€7M

This section shows Other Electrical 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 Other Electrical Machinery over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$675M
IMPORTS (2022)$1.26B
NET TRADE (2022)-$586M

In 2022, Italy exported $675M in Other Electrical Machinery. The main destinations of Italy exports on Other Electrical Machinery were France ($71.4M), Germany ($64.6M), United Kingdom ($42.5M), Spain ($41.3M), and United States ($40.5M).

In 2022, Italy imported $1.26B in Other Electrical Machinery, mainly from Germany ($357M), China ($245M), Croatia ($108M), United Kingdom ($95.5M), and France ($78.6M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Electrical Machinery EXPORT MARKETS FOR Italy WERE (2021 - 2022):
United Kingdom$18.3M (75.6%)
Russia$9.09M (69.7%)
Qatar$7.51M (61.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Electrical Machinery BY Italy WERE (2021 - 2022):
Germany-$16.6M (-20.4%)
Saudi Arabia-$14.9M (-76.6%)
Israel-$14.6M (-75.4%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Other Electrical Machinery were:
China $27.5B
Germany $4.81B
United States $4.57B
In 2022, Italy's main importing competitors in Other Electrical Machinery were:
United States $18.2B
China $4.55B
Germany $3.76B

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Trade Value of Other Electrical Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $41.9M
TOP IMPORT POTENTIALChina+ $88M

Other Electrical Machinery’s highest export potential is United States. With an export gap of $41.9M.   Other Electrical Machinery’s highest import potential is China with an import gap of $88M.

See methodology.

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