2022
Exports
$15MWorld Rnk 8 / 153
Flag Rnk 920 / 1217
2022
PRODUCT COMPLEXITY IN Pianos
0.9Rnk 205 / 1025
2022
Imports
$13.6MWorld Rnk 17 / 191
Flag Rnk 978 / 1215
2022
ECONOMIC COMPLEXITY of Italy
1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $15M in Pianos, making it the 8th largest exporter of Pianos in the world. At the same year, Pianos was the 920th most exported product in Italy. The main destination of Pianos exports from Italy are: United States ($3.66M), Japan ($1.35M), China ($1.31M), Australia ($890k), and Chinese Taipei ($697k).

The fastest growing export markets for Pianos of Italy between 2021 and 2022 were United States ($1.18M), Australia ($563k), and Chinese Taipei ($437k).

Imports In 2022, Italy imported $13.6M in Pianos, becoming the 17th largest importer of Pianos in the world. At the same year, Pianos was the 978th most imported product in Italy. Italy imports Pianos primarily from: Germany ($3.49M), Japan ($3.39M), France ($2.2M), Spain ($1.56M), and China ($781k).

The fastest growing import markets in Pianos for Italy between 2021 and 2022 were China ($270k), United States ($96.2k), and Cambodia ($59.7k).

Latest Trends

March 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2023 - March 2024)€61k(5.43%)
IMPORT GROWTH (March 2023 - March 2024)€-1.34M(-63.6%)
MAIN DESTINATION (March 2024)United States€259k

This section shows Pianos'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 Pianos over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$15M
IMPORTS (2022)$13.6M
NET TRADE (2022)$1.38M

In 2022, Italy exported $15M in Pianos. The main destinations of Italy exports on Pianos were United States ($3.66M), Japan ($1.35M), China ($1.31M), Australia ($890k), and Chinese Taipei ($697k).

In 2022, Italy imported $13.6M in Pianos, mainly from Germany ($3.49M), Japan ($3.39M), France ($2.2M), Spain ($1.56M), and China ($781k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pianos EXPORT MARKETS FOR Italy WERE (2021 - 2022):
United States$1.18M (47.9%)
Australia$563k (172%)
Chinese Taipei$437k (168%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pianos BY Italy WERE (2021 - 2022):
Canada-$781k (-67.3%)
Tunisia-$617k (-52.5%)
China-$499k (-27.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Pianos by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $881k
TOP IMPORT POTENTIALGermany+ $615k

Pianos’s highest export potential is China. With an export gap of $881k.   Pianos’s highest import potential is Germany with an import gap of $615k.

See methodology.

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