Other Heating Machinery in Italy | The Observatory of Economic Complexity

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Exports In 2022, Italy exported $4.38B in Other Heating Machinery, making it the 4th largest exporter of Other Heating Machinery in the world. At the same year, Other Heating Machinery was the 25th most exported product in Italy. The main destination of Other Heating Machinery exports from Italy are: Germany ($448M), France ($368M), United States ($336M), Spain ($185M), and China ($170M).

The fastest growing export markets for Other Heating Machinery of Italy between 2021 and 2022 were Turkey ($51.8M), Mexico ($45.4M), and France ($43.2M).

Imports In 2022, Italy imported $1.21B in Other Heating Machinery, becoming the 8th largest importer of Other Heating Machinery in the world. At the same year, Other Heating Machinery was the 109th most imported product in Italy. Italy imports Other Heating Machinery primarily from: Germany ($227M), China ($209M), Spain ($89.7M), Sweden ($67.8M), and France ($60.7M).

The fastest growing import markets in Other Heating Machinery for Italy between 2021 and 2022 were China ($51.2M), United Kingdom ($22.8M), and Netherlands ($20.9M).

COMPANIES In 2023, leading companies such as HELLA AUTOMOTIVE MEXICO S.A. DE CV (6) were at the forefront of shipping Other Heating Machinery from Italy to the United States.

Latest Trends

December 2023

About

Overview In December 2023 Italy's Other Heating Machinery exports accounted up to €377M and imports accounted up to €78.8M, resulting in a positive trade balance of €298M. Between December 2022 and December 2023 the exports of Italy's Other Heating Machinery have decreased by €-10.7M (-2.77%) from €388M to €377M, while imports decreased by €-13.5M (-14.7%) from €92.3M to €78.8M.

Destinations In December 2023, Other Heating Machinery were exported mostly to United States (€36M), Germany (€27.8M), France (€25.2M), Indonesia (€24.5M), and China (€17.7M), and were imported mostly from Germany (€13.9M), China (€9.47M), France (€8.39M), Spain (€7.44M), and Sweden (€4.48M).

Growth In December 2023, the decrease in Other Heating Machinery's year-by-year exports was explained primarily by a decrease in exports to Mexico (€-3.52M or -47.5%), Iraq (€-2.94M or -97.2%), and Algeria (€-1.68M or -83.2%). In December 2023, the decrease in Other Heating Machinery's year-by-year imports was explained primarily by a decrease in imports from Spain (€-3.73M or -30%), China (€-2.54M or -13.1%), and Sweden (€-1.18M or -26.7%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (December 2022 - December 2023)€-10.7M(-2.77%)

IMPORT GROWTH (December 2022 - December 2023)€-13.5M(-14.7%)

MAIN DESTINATION (December 2023)United States€36M

This section shows Other Heating 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 Heating Machinery over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$4.38B

IMPORTS (2022)$1.21B

NET TRADE (2022)$3.17B

In 2022, Italy exported $4.38B in Other Heating Machinery. The main destinations of Italy exports on Other Heating Machinery were Germany ($448M), France ($368M), United States ($336M), Spain ($185M), and China ($170M).

In 2022, Italy imported $1.21B in Other Heating Machinery, mainly from Germany ($227M), China ($209M), Spain ($89.7M), Sweden ($67.8M), and France ($60.7M).

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