Overview In First Quarter 2024 Italia Nord-orientale exported $42.4B and imported $29.4B, resulting in a positive trade balance of $13B. Between First Quarter 2023 and First Quarter 2024 the exports of Italia Nord-orientale have decreased by $-6.48B (-13.2%) from $48.9B to $42.4B, while imports decreased by $-5.95B (-16.8%) from $35.4B to $29.4B.
Trade In First Quarter 2024, the top exports of Italia Nord-orientale were Machinery and equipment n.e.c. (€9.24B), Foodstuffs (€3.32B), Motor vehicles, trailers and semi-trailers (€3.01B), Electrical equipment and non-electrical household equipment (€2.75B), and Products from other manufacturing industries (€2.61B). In First Quarter 2024 the top imports of Italia Nord-orientale were Motor vehicles, trailers and semi-trailers (€3.88B), Foodstuffs (€2.89B), Machinery and equipment n.e.c. (€2.7B), Metallurgy products (€2.52B), and Chemical products (€2.3B).
Destinations In First Quarter 2024, Italia Nord-orientale exported mostly to Germany (€6.71B), United States (€5.84B), Spain (€2.42B), United Kingdom (€2.14B), and Poland (€1.66B), and imported mostly from Germany (€6.71B), China (€2.46B), Spain (€1.98B), Netherlands (€1.84B), and Austria (€1.53B).
Growth In First Quarter 2024, the decrease in Italia Nord-orientale's year-by-year exports was explained primarily by an decrease in exports to Germany (€-594M or -8.13%), Austria (€-202M or -11.5%), and Russia (€-136M or -21.9%), and product exports decrease in Machinery and equipment n.e.c. (€-1.59B or -14.7%), Metallurgy products (€-786M or -24.8%), and Articles of clothing (including leather and... (€-514M or -19.1%). In First Quarter 2024, the decrease in Italia Nord-orientale's year-by-year imports was explained primarily by an decrease in imports from Qatar ($-549M or -52.7%), China ($-371M or -13.1%), and Netherlands ($-228M or -11%), and product imports decrease in Chemical products (€-684M or -22.9%), Machinery and equipment n.e.c. (€-667M or -19.8%), and Metallurgy products (€-665M or -20.9%).