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2023
Exports $1.13BWorld Rnk 4 / 158
Flag Rnk 132 / 1216
2023
Destination $24.1M France
2022 - 2023
FASTEST GROWING MARKET $24.1MFrance
2023
PRODUCT COMPLEXITY IN Special purpose motor vehicles0.27Rnk 471 / 1025
2023
Imports $195MWorld Rnk 20 / 216
Flag Rnk 439 / 1213
2023
Origin $13.9M Germany
2022 - 2023
FASTEST GROWING ORIGIN $13.9MLatvia
2023
ECONOMIC COMPLEXITY of Italy1.29Rnk 18 / 132

About

Exports In 2023, Italy exported $1.13B in Special purpose motor vehicles, making it the 4th largest exporter of Special purpose motor vehicles in the world. At the same year, Special purpose motor vehicles was the 132nd most exported product in Italy. The main destination of Special purpose motor vehicles exports from Italy are: France ($216M), Germany ($190M), Spain ($121M), Australia ($49.3M), and Belgium ($39.9M).

The fastest growing export markets for Special purpose motor vehicles of Italy between 2022 and 2023 were France ($24.1M), Australia ($19.5M), and Spain ($15.2M).

Imports In 2023, Italy imported $195M in Special purpose motor vehicles, becoming the 20th largest importer of Special purpose motor vehicles in the world. At the same year, Special purpose motor vehicles was the 439th most imported product in Italy. Italy imports Special purpose motor vehicles primarily from: Germany ($106M), Netherlands ($23.4M), Latvia ($15.8M), France ($12.6M), and Austria ($10.1M).

The fastest growing import markets in Special purpose motor vehicles for Italy between 2022 and 2023 were Latvia ($13.9M), France ($7.95M), and Austria ($7.58M).

COMPANIES In 2023, leading companies such as At Home Procurement (2) were at the forefront of shipping Special purpose motor vehicles from Italy to the United States.

Latest Trends

October 2024

About

Overview In October 2024 Italy's Special purpose motor vehicles exports accounted up to €127M and imports accounted up to €18.9M, resulting in a positive trade balance of €108M. Between October 2023 and October 2024 the exports of Italy's   Special purpose motor vehicles have increased by €551k (0.44%) from €126M to €127M, while imports increased by €3.67M (24%) from €15.3M to €18.9M.

Destinations In October 2024, Special purpose motor vehicles were exported mostly to France (€23.4M), Germany (€16.7M), Spain (€8.44M), Australia (€6.35M), and United Kingdom (€6.22M), and were imported mostly from Germany (€9.25M), Netherlands (€4.17M), France (€3.34M), Austria (€824k), and Switzerland (€728k).

Growth In October 2024, the increase in Special purpose motor vehicles's year-by-year exports was explained primarily by an increase in exports to Germany (€6.43M or 63.1%), United Kingdom (€4.46M or 170%), and Canada (€3.36M or 341%). In October 2024, the increase in Special purpose motor vehicles's year-by-year imports was explained primarily by an increase in imports from Germany (€1.36M or 23.7%), Poland (€131k or 98.5%), and Spain (€94.6k or 123%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)€551k(0.44%)
IMPORT GROWTH (October 2023 - October 2024)€3.67M(24%)
MAIN DESTINATION (October 2024)France€23.4M

This section shows Special purpose motor vehicles'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 Special purpose motor vehicles over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$1.13B
IMPORTS (2023)$195M
NET TRADE (2023)$933M

In 2023, Italy exported $1.13B in Special purpose motor vehicles. The main destinations of Italy exports on Special purpose motor vehicles were France ($216M), Germany ($190M), Spain ($121M), Australia ($49.3M), and Belgium ($39.9M).

In 2023, Italy imported $195M in Special purpose motor vehicles, mainly from Germany ($106M), Netherlands ($23.4M), Latvia ($15.8M), France ($12.6M), and Austria ($10.1M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Special purpose motor vehicles EXPORT MARKETS FOR Italy WERE (2022 - 2023):
France$24.1M (12.6%)
Australia$19.5M (65.7%)
Spain$15.2M (14.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Special purpose motor vehicles BY Italy WERE (2022 - 2023):
Ethiopia-$14.4M (-79.2%)
Bangladesh-$7.75M (-62.4%)
Israel-$7.74M (-58.2%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Italy's main exporting competitors in Special purpose motor vehicles were:
Germany $4.51B
China $2.86B
United States $2.33B
In 2023, Italy's main importing competitors in Special purpose motor vehicles were:
United States $2.1B
Canada $1.1B
Thailand $783M

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Trade Value of Special purpose motor vehicles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $22.9M
TOP IMPORT POTENTIALFrance+ $4.72M

Special purpose motor vehicles’s highest export potential is United States. With an export gap of $22.9M.   Special purpose motor vehicles’s highest import potential is France with an import gap of $4.72M.

See methodology.

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