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2023
Exports $129MWorld Rnk 8 / 200
Flag Rnk 519 / 1216
2023
Destination $5.19M United States
2022 - 2023
FASTEST GROWING MARKET $5.19MUnited States
2023
PRODUCT COMPLEXITY IN Scales0.99Rnk 177 / 1025
2023
Imports $134MWorld Rnk 8 / 220
Flag Rnk 518 / 1213
2023
Origin $2.07M Germany
2022 - 2023
FASTEST GROWING ORIGIN $2.07MNetherlands
2023
ECONOMIC COMPLEXITY of Italy1.29Rnk 18 / 132

About

Exports In 2023, Italy exported $129M in Scales, making it the 8th largest exporter of Scales in the world. At the same year, Scales was the 519th most exported product in Italy. The main destination of Scales exports from Italy are: United States ($14.3M), France ($10.3M), Germany ($8.1M), Brazil ($6.31M), and United Kingdom ($6.2M).

The fastest growing export markets for Scales of Italy between 2022 and 2023 were United States ($5.19M), Brazil ($4.69M), and Argentina ($3.78M).

Imports In 2023, Italy imported $134M in Scales, becoming the 8th largest importer of Scales in the world. At the same year, Scales was the 518th most imported product in Italy. Italy imports Scales primarily from: Germany ($55.7M), China ($26.2M), Netherlands ($15M), Spain ($5.77M), and France ($5.33M).

The fastest growing import markets in Scales for Italy between 2022 and 2023 were Netherlands ($2.07M), Serbia ($1.73M), and Spain ($1.37M).

COMPANIES In 2023, leading companies such as Banana Republic (17), Guess Clothing (6), and Stihl (3) were at the forefront of shipping Scales from Italy to the United States.

Latest Trends

October 2024

About

Overview In October 2024 Italy's Scales exports accounted up to €12.2M and imports accounted up to €11.4M, resulting in a positive trade balance of €811k. Between September 2023 and October 2024 the exports of Italy's   Scales have increased by €1.67M (15.9%) from €10.5M to €12.2M, while imports increased by €1.43M (14.3%) from €9.96M to €11.4M.

Destinations In October 2024, Scales were exported mostly to United Kingdom (€2.05M), Spain (€1.22M), United States (€999k), Germany (€835k), and Saudi Arabia (€790k), and were imported mostly from Germany (€3.68M), China (€2.16M), Netherlands (€1.45M), Serbia (€1.34M), and Spain (€1.12M).

Growth In October 2024, the increase in Scales's year-by-year exports was explained primarily by an increase in exports to United States (€1.02M or 194%), Germany (€295k or 53.6%), and Saudi Arabia (€248k or 1.5k%). In October 2024, the increase in Scales's year-by-year imports was explained primarily by an increase in imports from Netherlands (€220k or 33.3%), Spain (€32.3k or 11.2%), and United Kingdom (€26.4k or 65.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - October 2024)€1.67M(15.9%)
IMPORT GROWTH (September 2023 - October 2024)€1.43M(14.3%)
MAIN DESTINATION (October 2024)United Kingdom€2.05M

This section shows Scales'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 Scales over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$129M
IMPORTS (2023)$134M
NET TRADE (2023)-$4.27M

In 2023, Italy exported $129M in Scales. The main destinations of Italy exports on Scales were United States ($14.3M), France ($10.3M), Germany ($8.1M), Brazil ($6.31M), and United Kingdom ($6.2M).

In 2023, Italy imported $134M in Scales, mainly from Germany ($55.7M), China ($26.2M), Netherlands ($15M), Spain ($5.77M), and France ($5.33M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Scales EXPORT MARKETS FOR Italy WERE (2022 - 2023):
United States$5.19M (57.1%)
Brazil$4.69M (288%)
Argentina$3.78M (403%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scales BY Italy WERE (2022 - 2023):
Austria-$2.23M (-46.1%)
Pakistan-$2.2M (-81.1%)
Chile-$1.85M (-78.5%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Italy's main exporting competitors in Scales were:
China $1.76B
Germany $654M
Japan $285M
In 2023, Italy's main importing competitors in Scales were:
United States $848M
Germany $256M
Netherlands $203M

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Trade Value of Scales by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $5.43M
TOP IMPORT POTENTIALChina+ $8.07M

Scales’s highest export potential is United States. With an export gap of $5.43M.   Scales’s highest import potential is China with an import gap of $8.07M.

See methodology.

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