Refrigerators in Italy | The Observatory of Economic Complexity

About

Exports In 2022, Italy exported $4.21B in Refrigerators, making it the 3rd largest exporter of Refrigerators in the world. At the same year, Refrigerators was the 26th most exported product in Italy. The main destination of Refrigerators exports from Italy are: France ($548M), Germany ($431M), United States ($274M), United Kingdom ($247M), and Spain ($225M).

The fastest growing export markets for Refrigerators of Italy between 2021 and 2022 were Canada ($164M), United States ($58.2M), and Saudi Arabia ($19.8M).

Imports In 2022, Italy imported $1.87B in Refrigerators, becoming the 6th largest importer of Refrigerators in the world. At the same year, Refrigerators was the 75th most imported product in Italy. Italy imports Refrigerators primarily from: China ($587M), Poland ($171M), Germany ($166M), Turkey ($162M), and France ($131M).

The fastest growing import markets in Refrigerators for Italy between 2021 and 2022 were China ($99.8M), Romania ($30.6M), and Slovakia ($18.4M).

COMPANIES In 2023, leading companies such as RED BULL NORTH AMERICA INC. (34) and GIORGIO ARMANI CORPORATION (9) were at the forefront of shipping Refrigerators from Italy to the United States.

Latest Trends

December 2023

About

Overview In December 2023 Italy's Refrigerators exports accounted up to €254M and imports accounted up to €90.7M, resulting in a positive trade balance of €163M. Between December 2022 and December 2023 the exports of Italy's Refrigerators have decreased by €-18.9M (-6.93%) from €273M to €254M, while imports decreased by €-8.34M (-8.43%) from €99M to €90.7M.

Destinations In December 2023, Refrigerators were exported mostly to France (€31.1M), Germany (€22.9M), United States (€20.4M), United Kingdom (€17M), and Spain (€16M), and were imported mostly from China (€18.6M), Germany (€11.4M), France (€9.56M), Turkey (€9.27M), and Poland (€6.09M).

Growth In December 2023, the decrease in Refrigerators's year-by-year exports was explained primarily by a decrease in exports to Egypt (€-4M or -79.8%), China (€-1.12M or -68%), and Australia (€-821k or -18.4%). In December 2023, the decrease in Refrigerators's year-by-year imports was explained primarily by a decrease in imports from China (€-10.6M or -23.4%), Bulgaria (€-1.67M or -74.3%), and Thailand (€-1.3M or -66.6%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (December 2022 - December 2023)€-18.9M(-6.93%)

IMPORT GROWTH (December 2022 - December 2023)€-8.34M(-8.43%)

MAIN DESTINATION (December 2023)France€31.1M

This section shows Refrigerators'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 Refrigerators over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$4.21B

IMPORTS (2022)$1.87B

NET TRADE (2022)$2.34B

In 2022, Italy exported $4.21B in Refrigerators. The main destinations of Italy exports on Refrigerators were France ($548M), Germany ($431M), United States ($274M), United Kingdom ($247M), and Spain ($225M).

In 2022, Italy imported $1.87B in Refrigerators, mainly from China ($587M), Poland ($171M), Germany ($166M), Turkey ($162M), and France ($131M).

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