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2022
Exports $1.58BWorld Rnk 3 / 194
Flag Rnk 102 / 1217
2022
Destination $40.5M Spain
2021 - 2022
FASTEST GROWING MARKET $40.5MSpain
2022
PRODUCT COMPLEXITY IN Stone Processing Machines0.41Rnk 405 / 1025
2022
Imports $237MWorld Rnk 25 / 223
Flag Rnk 405 / 1215
2022
Origin $14.3M Germany
2021 - 2022
FASTEST GROWING ORIGIN $14.3MGermany
2022
ECONOMIC COMPLEXITY of Italy1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $1.58B in Stone Processing Machines, making it the 3rd largest exporter of Stone Processing Machines in the world. At the same year, Stone Processing Machines was the 102nd most exported product in Italy. The main destination of Stone Processing Machines exports from Italy are: Spain ($179M), United States ($120M), Mexico ($81.3M), Turkey ($78.2M), and Germany ($75.3M).

The fastest growing export markets for Stone Processing Machines of Italy between 2021 and 2022 were Spain ($40.5M), Mexico ($31.5M), and United States ($21.3M).

Imports In 2022, Italy imported $237M in Stone Processing Machines, becoming the 25th largest importer of Stone Processing Machines in the world. At the same year, Stone Processing Machines was the 405th most imported product in Italy. Italy imports Stone Processing Machines primarily from: Germany ($60.1M), China ($32.4M), United Kingdom ($24.7M), Turkey ($21.6M), and Austria ($14.9M).

The fastest growing import markets in Stone Processing Machines for Italy between 2021 and 2022 were Germany ($14.3M), China ($7.62M), and United Kingdom ($3.72M).

COMPANIES In 2023, leading companies such as Prime Line Coffee (23), Electrolux (8), and Gallo Family Vineyards (5) were at the forefront of shipping Stone Processing Machines from Italy to the United States.

Latest Trends

March 2024

About

Overview In March 2024 Italy's Stone Processing Machines exports accounted up to €103M and imports accounted up to €15.1M, resulting in a positive trade balance of €87.9M. Between March 2023 and March 2024 the exports of Italy's   Stone Processing Machines have decreased by €-43.6M (-29.7%) from €147M to €103M, while imports decreased by €-3.09M (-17%) from €18.2M to €15.1M.

Destinations In March 2024, Stone Processing Machines were exported mostly to Algeria (€14.7M), United States (€10M), Spain (€7.95M), France (€7.04M), and Mexico (€6.39M), and were imported mostly from Germany (€2.88M), Indonesia (€1.98M), United Kingdom (€1.93M), China (€1.54M), and Turkey (€1.23M).

Growth In March 2024, the decrease in Stone Processing Machines's year-by-year exports was explained primarily by a decrease in exports to China (€-5.41M or -92.8%), Spain (€-4.96M or -61.8%), and Turkey (€-2.63M or -37.8%). In March 2024, the decrease in Stone Processing Machines's year-by-year imports was explained primarily by a decrease in imports from China (€-1.57M or -43.2%), United Kingdom (€-342k or -18.7%), and Switzerland (€-223k or -43%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2023 - March 2024)€-43.6M(-29.7%)
IMPORT GROWTH (March 2023 - March 2024)€-3.09M(-17%)
MAIN DESTINATION (March 2024)Algeria€14.7M

This section shows Stone Processing Machines'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 Stone Processing Machines over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.58B
IMPORTS (2022)$237M
NET TRADE (2022)$1.34B

In 2022, Italy exported $1.58B in Stone Processing Machines. The main destinations of Italy exports on Stone Processing Machines were Spain ($179M), United States ($120M), Mexico ($81.3M), Turkey ($78.2M), and Germany ($75.3M).

In 2022, Italy imported $237M in Stone Processing Machines, mainly from Germany ($60.1M), China ($32.4M), United Kingdom ($24.7M), Turkey ($21.6M), and Austria ($14.9M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Stone Processing Machines EXPORT MARKETS FOR Italy WERE (2021 - 2022):
Spain$40.5M (29.1%)
Mexico$31.5M (63.3%)
United States$21.3M (21.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Stone Processing Machines BY Italy WERE (2021 - 2022):
China-$72M (-67.1%)
Egypt-$38.9M (-53.6%)
Algeria-$28.1M (-52.6%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Stone Processing Machines were:
China $5.39B
Germany $2.15B
In 2022, Italy's main importing competitors in Stone Processing Machines were:
United States $2.34B
Germany $840M
Canada $831M

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Trade Value of Stone Processing Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $39.1M
TOP IMPORT POTENTIALChina+ $19.9M

Stone Processing Machines’s highest export potential is United States. With an export gap of $39.1M.   Stone Processing Machines’s highest import potential is China with an import gap of $19.9M.

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