Valves in Italy | The Observatory of Economic Complexity

About

Exports In 2022, Italy exported $8.6B in Valves, making it the 4th largest exporter of Valves in the world. At the same year, Valves was the 8th most exported product in Italy. The main destination of Valves exports from Italy are: Germany ($1.02B), United States ($926M), France ($684M), China ($549M), and United Kingdom ($407M).

The fastest growing export markets for Valves of Italy between 2021 and 2022 were United States ($144M), Turkey ($37.1M), and Norway ($35.7M).

Imports In 2022, Italy imported $2.72B in Valves, becoming the 8th largest importer of Valves in the world. At the same year, Valves was the 39th most imported product in Italy. Italy imports Valves primarily from: Germany ($863M), China ($595M), United States ($144M), France ($120M), and Denmark ($107M).

The fastest growing import markets in Valves for Italy between 2021 and 2022 were China ($54.4M), Romania ($23.1M), and Denmark ($22.3M).

COMPANIES In 2023, leading companies such as ROBERT BOSCH TOOL CORPORATION (5.09k), ROBERT BOSCH LLC (816), and DANFOSS POWER SOLUTION (US) COMPANY (65) were at the forefront of shipping Valves from Italy to the United States.

Latest Trends

December 2023

About

Overview In December 2023 Italy's Valves exports accounted up to €615M and imports accounted up to €171M, resulting in a positive trade balance of €444M. Between December 2022 and December 2023 the exports of Italy's Valves have decreased by €-9.29M (-1.49%) from €624M to €615M, while imports increased by €1.26M (0.74%) from €170M to €171M.

Destinations In December 2023, Valves were exported mostly to United States (€73M), Germany (€45.7M), Saudi Arabia (€39.9M), France (€38.9M), and China (€38.2M), and were imported mostly from Germany (€49.4M), China (€33.1M), France (€12.2M), Denmark (€10.9M), and United States (€9.9M).

Growth In December 2023, the decrease in Valves's year-by-year exports was explained primarily by a decrease in exports to Russia (€-7.19M or -47.2%), Kazakhstan (€-3.33M or -50.3%), and Thailand (€-3.07M or -44.5%). In December 2023, the increase in Valves's year-by-year imports was explained primarily by an increase in imports from Bulgaria (€5.5M or 234%), Germany (€5.31M or 7.65%), and United States (€3.69M or 38.8%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (December 2022 - December 2023)€-9.29M(-1.49%)

IMPORT GROWTH (December 2022 - December 2023)€1.26M(0.74%)

MAIN DESTINATION (December 2023)United States€73M

This section shows Valves'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 Valves over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$8.6B

IMPORTS (2022)$2.72B

NET TRADE (2022)$5.88B

In 2022, Italy exported $8.6B in Valves. The main destinations of Italy exports on Valves were Germany ($1.02B), United States ($926M), France ($684M), China ($549M), and United Kingdom ($407M).

In 2022, Italy imported $2.72B in Valves, mainly from Germany ($863M), China ($595M), United States ($144M), France ($120M), and Denmark ($107M).

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