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2023
Exports $445MWorld Rnk 6 / 181
Flag Rnk 256 / 1216
2023
Destination $17.4M France
2022 - 2023
FASTEST GROWING MARKET $17.4MRomania
2023
PRODUCT COMPLEXITY IN Utility Meters0.08Rnk 527 / 1025
2023
Imports $464MWorld Rnk 5 / 222
Flag Rnk 253 / 1213
2023
Origin $26M Poland
2022 - 2023
FASTEST GROWING ORIGIN $26MPoland
2023
ECONOMIC COMPLEXITY of Italy1.29Rnk 18 / 132

About

Exports In 2023, Italy exported $445M in Utility Meters, making it the 6th largest exporter of Utility Meters in the world. At the same year, Utility Meters was the 256th most exported product in Italy. The main destination of Utility Meters exports from Italy are: France ($104M), Germany ($63.3M), Poland ($36.9M), Romania ($26.2M), and Slovakia ($15.4M).

The fastest growing export markets for Utility Meters of Italy between 2022 and 2023 were Romania ($17.4M), Zimbabwe ($8.05M), and France ($7.62M).

Imports In 2023, Italy imported $464M in Utility Meters, becoming the 5th largest importer of Utility Meters in the world. At the same year, Utility Meters was the 253rd most imported product in Italy. Italy imports Utility Meters primarily from: Poland ($145M), Romania ($95.3M), China ($57.2M), Tunisia ($50.9M), and France ($23.7M).

The fastest growing import markets in Utility Meters for Italy between 2022 and 2023 were Poland ($26M), Tunisia ($15.4M), and France ($14.2M).

COMPANIES In 2023, leading companies such as BSH Home Appliances (6) and Electrolux (1) were at the forefront of shipping Utility Meters from Italy to the United States.

Latest Trends

October 2024

About

Overview In October 2024 Italy's Utility Meters exports accounted up to €24.7M and imports accounted up to €27.2M, resulting in a negative trade balance of €2.56M. Between October 2023 and October 2024 the exports of Italy's   Utility Meters have decreased by €-394k (-1.57%) from €25.1M to €24.7M, while imports decreased by €-3.74M (-12.1%) from €31M to €27.2M.

Destinations In October 2024, Utility Meters were exported mostly to Germany (€6.58M), France (€5.19M), Poland (€2.23M), Spain (€1.57M), and Slovakia (€1.39M), and were imported mostly from China (€6.56M), Romania (€4.46M), Poland (€4.3M), Tunisia (€3.04M), and France (€2.12M).

Growth In October 2024, the decrease in Utility Meters's year-by-year exports was explained primarily by a decrease in exports to Switzerland (€-91.8k or -26.3%), China (€-37.4k or -63.4%), and Japan (€-35.1k or -50.1%). In October 2024, the decrease in Utility Meters's year-by-year imports was explained primarily by a decrease in imports from Romania (€-3.41M or -32.9%), China (€-1.2M or -32.5%), and Germany (€-1.02M or -36.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)€-394k(-1.57%)
IMPORT GROWTH (October 2023 - October 2024)€-3.74M(-12.1%)
MAIN DESTINATION (October 2024)Germany€6.58M

This section shows Utility Meters'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 Utility Meters over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$445M
IMPORTS (2023)$464M
NET TRADE (2023)-$19M

In 2023, Italy exported $445M in Utility Meters. The main destinations of Italy exports on Utility Meters were France ($104M), Germany ($63.3M), Poland ($36.9M), Romania ($26.2M), and Slovakia ($15.4M).

In 2023, Italy imported $464M in Utility Meters, mainly from Poland ($145M), Romania ($95.3M), China ($57.2M), Tunisia ($50.9M), and France ($23.7M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Utility Meters EXPORT MARKETS FOR Italy WERE (2022 - 2023):
Romania$17.4M (197%)
Zimbabwe$8.05M (50.8k%)
France$7.62M (7.95%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Utility Meters BY Italy WERE (2022 - 2023):
Uzbekistan-$35.3M (-82.1%)
Spain-$5.88M (-30%)
Poland-$3.79M (-9.32%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Italy's main exporting competitors in Utility Meters were:
China $2.53B
Mexico $1.58B
United States $575M
In 2023, Italy's main importing competitors in Utility Meters were:
United States $1.84B
France $568M
Germany $540M

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Trade Value of Utility Meters by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $10.1M
TOP IMPORT POTENTIALChina+ $20M

Utility Meters’s highest export potential is France. With an export gap of $10.1M.   Utility Meters’s highest import potential is China with an import gap of $20M.

See methodology.

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