2023
Exports
$171MWorld Rnk 5 / 120
Flag Rnk 450 / 1216
2023
PRODUCT COMPLEXITY IN Weapons Parts and Accessories
0.37Rnk 428 / 1025
2023
Imports
$24.9MWorld Rnk 27 / 191
Flag Rnk 873 / 1213
2023
ECONOMIC COMPLEXITY of Italy
1.29Rnk 18 / 132

About

Exports In 2023, Italy exported $171M in Weapons Parts and Accessories, making it the 5th largest exporter of Weapons Parts and Accessories in the world. At the same year, Weapons Parts and Accessories was the 450th most exported product in Italy. The main destination of Weapons Parts and Accessories exports from Italy are: United States ($97.2M), Turkey ($11.7M), Germany ($9.99M), Spain ($7.84M), and Portugal ($7.41M).

The fastest growing export markets for Weapons Parts and Accessories of Italy between 2022 and 2023 were United States ($9.16M), Jordan ($2.13M), and Spain ($1.78M).

Imports In 2023, Italy imported $24.9M in Weapons Parts and Accessories, becoming the 27th largest importer of Weapons Parts and Accessories in the world. At the same year, Weapons Parts and Accessories was the 873rd most imported product in Italy. Italy imports Weapons Parts and Accessories primarily from: Turkey ($8.47M), Germany ($5.51M), United States ($2.73M), Spain ($1.88M), and China ($1.34M).

The fastest growing import markets in Weapons Parts and Accessories for Italy between 2022 and 2023 were United States ($694k), Belgium ($380k), and Chinese Taipei ($287k).

Latest Trends

October 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)€-1.71M(-15.5%)
IMPORT GROWTH (October 2023 - October 2024)€-1.01M(-82.9%)
MAIN DESTINATION (October 2024)United States€6.06M

This section shows Weapons Parts and Accessories'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 Weapons Parts and Accessories over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$171M
IMPORTS (2023)$24.9M
NET TRADE (2023)$146M

In 2023, Italy exported $171M in Weapons Parts and Accessories. The main destinations of Italy exports on Weapons Parts and Accessories were United States ($97.2M), Turkey ($11.7M), Germany ($9.99M), Spain ($7.84M), and Portugal ($7.41M).

In 2023, Italy imported $24.9M in Weapons Parts and Accessories, mainly from Turkey ($8.47M), Germany ($5.51M), United States ($2.73M), Spain ($1.88M), and China ($1.34M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Weapons Parts and Accessories EXPORT MARKETS FOR Italy WERE (2022 - 2023):
United States$9.16M (10.4%)
Jordan$2.13M (404%)
Spain$1.78M (29.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Weapons Parts and Accessories BY Italy WERE (2022 - 2023):
Brazil-$3.41M (-71.9%)
Czechia-$2.94M (-65.3%)
Indonesia-$2.66M (-98.8%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Italy's main exporting competitors in Weapons Parts and Accessories were:
In 2023, Italy's main importing competitors in Weapons Parts and Accessories were:

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Trade Value of Weapons Parts and Accessories by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $2.24M
TOP IMPORT POTENTIALAustria+ $1.48M

Weapons Parts and Accessories’s highest export potential is Germany. With an export gap of $2.24M.   Weapons Parts and Accessories’s highest import potential is Austria with an import gap of $1.48M.

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