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2022
Exports $419MWorld Rnk 1 / 127
Flag Rnk 270 / 1217
2022
Destination $6.46M France
2021 - 2022
FASTEST GROWING MARKET $6.46MMexico
2022
PRODUCT COMPLEXITY IN Vending Machines0.65Rnk 296 / 1025
2022
Imports $31.8MWorld Rnk 16 / 202
Flag Rnk 832 / 1215
2022
Origin $1.68M Poland
2021 - 2022
FASTEST GROWING ORIGIN $1.68MPoland
2022
ECONOMIC COMPLEXITY of Italy1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $419M in Vending Machines, making it the 1st largest exporter of Vending Machines in the world. At the same year, Vending Machines was the 270th most exported product in Italy. The main destination of Vending Machines exports from Italy are: France ($68.5M), Spain ($43.4M), Germany ($42M), Netherlands ($22.5M), and Austria ($19.9M).

The fastest growing export markets for Vending Machines of Italy between 2021 and 2022 were Mexico ($6.46M), Spain ($5.76M), and Brazil ($4.52M).

Imports In 2022, Italy imported $31.8M in Vending Machines, becoming the 16th largest importer of Vending Machines in the world. At the same year, Vending Machines was the 832nd most imported product in Italy. Italy imports Vending Machines primarily from: Poland ($7.39M), Spain ($5.13M), China ($3.51M), Romania ($3.23M), and United Kingdom ($2.58M).

The fastest growing import markets in Vending Machines for Italy between 2021 and 2022 were Poland ($1.68M), Spain ($1.54M), and China ($1.09M).

COMPANIES In 2023, leading companies such as Samsung (10) were at the forefront of shipping Vending Machines from Italy to the United States.

Latest Trends

June 2024

About

Overview In June 2024 Italy's Vending Machines exports accounted up to €39.4M and imports accounted up to €4.09M, resulting in a positive trade balance of €35.3M. Between June 2023 and June 2024 the exports of Italy's   Vending Machines have decreased by €-931k (-2.31%) from €40.3M to €39.4M, while imports decreased by €-1.56M (-27.6%) from €5.65M to €4.09M.

Destinations In June 2024, Vending Machines were exported mostly to Germany (€6.22M), France (€5.75M), Spain (€3.72M), Netherlands (€2.91M), and Austria (€2.67M), and were imported mostly from Germany (€1.56M), Romania (€651k), Spain (€493k), China (€368k), and Poland (€302k).

Growth In June 2024, the decrease in Vending Machines's year-by-year exports was explained primarily by a decrease in exports to Brazil (€-824k or -99.3%), Romania (€-810k or -70%), and United Arab Emirates (€-472k or -90.8%). In June 2024, the decrease in Vending Machines's year-by-year imports was explained primarily by a decrease in imports from China (€-262k or -47%), Switzerland (€-95.9k or -81.9%), and Czechia (€-3.42k or -21.3%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)€-931k(-2.31%)
IMPORT GROWTH (June 2023 - June 2024)€-1.56M(-27.6%)
MAIN DESTINATION (June 2024)Germany€6.22M

This section shows Vending 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 Vending Machines over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$419M
IMPORTS (2022)$31.8M
NET TRADE (2022)$387M

In 2022, Italy exported $419M in Vending Machines. The main destinations of Italy exports on Vending Machines were France ($68.5M), Spain ($43.4M), Germany ($42M), Netherlands ($22.5M), and Austria ($19.9M).

In 2022, Italy imported $31.8M in Vending Machines, mainly from Poland ($7.39M), Spain ($5.13M), China ($3.51M), Romania ($3.23M), and United Kingdom ($2.58M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Vending Machines EXPORT MARKETS FOR Italy WERE (2021 - 2022):
Mexico$6.46M (846%)
Spain$5.76M (15.3%)
Brazil$4.52M (165%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vending Machines BY Italy WERE (2021 - 2022):
Russia-$3.06M (-43.2%)
Romania-$2.23M (-11.6%)
Ukraine-$2.05M (-58.3%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Vending Machines were:
China $384M
United States $89.1M
In 2022, Italy's main importing competitors in Vending Machines were:
United States $248M
France $149M
Germany $137M

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Trade Value of Vending Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $5.62M
TOP IMPORT POTENTIALChina+ $2.26M

Vending Machines’s highest export potential is United States. With an export gap of $5.62M.   Vending Machines’s highest import potential is China with an import gap of $2.26M.

See methodology.

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