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2023
Exports $4.06BWorld Rnk 6 / 218
Flag Rnk 29 / 1216
2023
Destination $15.7M France
2022 - 2023
FASTEST GROWING MARKET $15.7MUnited Arab Emirates
2023
PRODUCT COMPLEXITY IN Seats0.087Rnk 524 / 1025
2023
Imports $1.32BWorld Rnk 15 / 225
Flag Rnk 102 / 1213
2023
Origin $26.5M China
2022 - 2023
FASTEST GROWING ORIGIN $26.5MRomania
2023
ECONOMIC COMPLEXITY of Italy1.29Rnk 18 / 132

About

Exports In 2023, Italy exported $4.06B in Seats, making it the 6th largest exporter of Seats in the world. At the same year, Seats was the 29th most exported product in Italy. The main destination of Seats exports from Italy are: France ($650M), United States ($589M), United Kingdom ($285M), Germany ($281M), and China ($195M).

The fastest growing export markets for Seats of Italy between 2022 and 2023 were United Arab Emirates ($15.7M), Poland ($13.4M), and Turkey ($13M).

Imports In 2023, Italy imported $1.32B in Seats, becoming the 15th largest importer of Seats in the world. At the same year, Seats was the 102nd most imported product in Italy. Italy imports Seats primarily from: China ($358M), Germany ($160M), Romania ($149M), Poland ($97.1M), and Tunisia ($70.4M).

The fastest growing import markets in Seats for Italy between 2022 and 2023 were Romania ($26.5M), Germany ($25.9M), and Serbia ($19.7M).

COMPANIES In 2023, leading companies such as Euromarket Designs (259), Design Within Reach (39), and The Brick (30) were at the forefront of shipping Seats from Italy to the United States.

Latest Trends

October 2024

About

Overview In October 2024 Italy's Seats exports accounted up to €333M and imports accounted up to €84.4M, resulting in a positive trade balance of €249M. Between October 2023 and October 2024 the exports of Italy's   Seats have increased by €11.6M (3.61%) from €322M to €333M, while imports decreased by €-3.07M (-3.51%) from €87.5M to €84.4M.

Destinations In October 2024, Seats were exported mostly to France (€66.3M), United States (€47.9M), Germany (€28.8M), United Kingdom (€24.7M), and Spain (€15.7M), and were imported mostly from China (€31.9M), Germany (€13.6M), Romania (€9.67M), Poland (€6.24M), and Serbia (€5.12M).

Growth In October 2024, the increase in Seats's year-by-year exports was explained primarily by an increase in exports to France (€5.72M or 9.64%), Germany (€3.11M or 12.3%), and Belgium (€1.71M or 22.8%). In October 2024, the decrease in Seats's year-by-year imports was explained primarily by a decrease in imports from China (€-31.3M or -46.6%), Slovenia (€-571k or -55.1%), and Austria (€-118k or -32%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)€11.6M(3.61%)
IMPORT GROWTH (October 2023 - October 2024)€-3.07M(-3.51%)
MAIN DESTINATION (October 2024)France€66.3M

This section shows Seats'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 Seats over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$4.06B
IMPORTS (2023)$1.32B
NET TRADE (2023)$2.74B

In 2023, Italy exported $4.06B in Seats. The main destinations of Italy exports on Seats were France ($650M), United States ($589M), United Kingdom ($285M), Germany ($281M), and China ($195M).

In 2023, Italy imported $1.32B in Seats, mainly from China ($358M), Germany ($160M), Romania ($149M), Poland ($97.1M), and Tunisia ($70.4M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Seats EXPORT MARKETS FOR Italy WERE (2022 - 2023):
United Arab Emirates$15.7M (25.9%)
Poland$13.4M (14.5%)
Turkey$13M (36.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Seats BY Italy WERE (2022 - 2023):
United States-$113M (-16.1%)
Germany-$49.9M (-15.1%)
China-$31.3M (-13.8%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Italy's main exporting competitors in Seats were:
China $26.9B
Mexico $9.17B
Poland $6.82B
In 2023, Italy's main importing competitors in Seats were:
United States $25.9B
Germany $8.64B
United Kingdom $3.92B

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Trade Value of Seats by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $242M
TOP IMPORT POTENTIALChina+ $143M

Seats’s highest export potential is United States. With an export gap of $242M.   Seats’s highest import potential is China with an import gap of $143M.

See methodology.

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