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2022
Exports $3.5BWorld Rnk 1 / 167
Flag Rnk 38 / 1217
2022
Destination $215M United States
2021 - 2022
FASTEST GROWING MARKET $215MUnited States
2022
PRODUCT COMPLEXITY IN Recreational Boats0.3Rnk 445 / 1025
2022
Imports $431MWorld Rnk 11 / 217
Flag Rnk 268 / 1215
2022
Origin $29.1M France
2021 - 2022
FASTEST GROWING ORIGIN $29.1MHong Kong
2022
ECONOMIC COMPLEXITY of Italy1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $3.5B in Recreational Boats, making it the 1st largest exporter of Recreational Boats in the world. At the same year, Recreational Boats was the 38th most exported product in Italy. The main destination of Recreational Boats exports from Italy are: United States ($769M), Cayman Islands ($394M), France ($389M), United Kingdom ($363M), and Malta ($191M).

The fastest growing export markets for Recreational Boats of Italy between 2021 and 2022 were United States ($215M), United Kingdom ($164M), and Jamaica ($50.3M).

Imports In 2022, Italy imported $431M in Recreational Boats, becoming the 11th largest importer of Recreational Boats in the world. At the same year, Recreational Boats was the 268th most imported product in Italy. Italy imports Recreational Boats primarily from: France ($116M), United Kingdom ($43M), United States ($31.1M), Hong Kong ($30.4M), and Tunisia ($24M).

The fastest growing import markets in Recreational Boats for Italy between 2021 and 2022 were Hong Kong ($29.1M), United States ($20.4M), and United Kingdom ($8.01M).

Latest Trends

July 2024

About

Overview In July 2024 Italy's Recreational Boats exports accounted up to €704M and imports accounted up to €87.3M, resulting in a positive trade balance of €617M. Between July 2023 and July 2024 the exports of Italy's   Recreational Boats have increased by €29.1M (4.31%) from €675M to €704M, while imports increased by €56.4M (183%) from €30.8M to €87.3M.

Destinations In July 2024, Recreational Boats were exported mostly to Cayman Islands (€110M), United Kingdom (€102M), France (€86.8M), British Virgin Islands (€84.9M), and Malta (€67.1M), and were imported mostly from Turkey (€52.5M), France (€15.8M), Brazil (€6.28M), United Kingdom (€4.42M), and Germany (€1.99M).

Growth In July 2024, the increase in Recreational Boats's year-by-year exports was explained primarily by an increase in exports to France (€7.77M or 130%), United Arab Emirates (€7.76M or 132%), and Portugal (€5.12M or 462%). In July 2024, the increase in Recreational Boats's year-by-year imports was explained primarily by an increase in imports from France (€4.01M or 139%), United States (€1.32M or 1.72k%), and Belgium (€302k or 83.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)€29.1M(4.31%)
IMPORT GROWTH (July 2023 - July 2024)€56.4M(183%)
MAIN DESTINATION (July 2024)Cayman Islands€110M

This section shows Recreational Boats'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 Recreational Boats over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$3.5B
IMPORTS (2022)$431M
NET TRADE (2022)$3.07B

In 2022, Italy exported $3.5B in Recreational Boats. The main destinations of Italy exports on Recreational Boats were United States ($769M), Cayman Islands ($394M), France ($389M), United Kingdom ($363M), and Malta ($191M).

In 2022, Italy imported $431M in Recreational Boats, mainly from France ($116M), United Kingdom ($43M), United States ($31.1M), Hong Kong ($30.4M), and Tunisia ($24M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Recreational Boats EXPORT MARKETS FOR Italy WERE (2021 - 2022):
United States$215M (38.9%)
United Kingdom$164M (82.8%)
Jamaica$50.3M (439%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Recreational Boats BY Italy WERE (2021 - 2022):
Cayman Islands-$156M (-28.3%)
Seychelles-$155M (-80.4%)
Marshall Islands-$131M (-53.5%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Recreational Boats were:
United States $1.89B
France $1.35B
In 2022, Italy's main importing competitors in Recreational Boats were:
United States $3.03B
Malta $1.37B
Canada $1.13B

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Trade Value of Recreational Boats by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $24.6M
TOP IMPORT POTENTIALFrance+ $14.6M

Recreational Boats’s highest export potential is France. With an export gap of $24.6M.   Recreational Boats’s highest import potential is France with an import gap of $14.6M.

See methodology.

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