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Q1 2024
Trade
Exports | Imports $13B | $18.7B1 of 107 | 1 of 108
Q1 2024
Country
Destination | Origin Switzerland | Germany $1.63B  | $4.22B

About

Overview This page contains the latest international trade data for Milano. In First Quarter 2024 Milano was the number 1 in total exports and the number 1 in total imports in Italy.

Exports In 2023, Italy's Milano exported $51.8B, making it the 1st largest exporter out of the 108 exporters in Italy. In 2023 the top exports of Milano were Chemical products (€6.29B), Basic pharmaceutical products and pharmaceutical preparations (€5.61B), Machinery and equipment n.e.c. (€5.41B), Articles of clothing (including leather and... (€5.14B), and Leather goods (excluding clothing) and similar (€4.92B).

Imports In 2023, Italy's Milano imported $83B, making it the 1st largest importer out of the 108 importers in Italy. In 2023 top imports of Milano were Computer and electronic and optical products;... (€13.1B), Chemical products (€8.81B), Electrical equipment and non-electrical household equipment (€7.13B), Basic pharmaceutical products and pharmaceutical preparations (€6.93B), and Metallurgy products (€5.73B).

Latest Trends

First Quarter, 2024

About

Overview In First Quarter 2024 Milano exported $13B and imported $18.7B, resulting in a negative trade balance of $5.62B. Between First Quarter 2023 and First Quarter 2024 the exports of Milano have decreased by $-1.43B (-9.87%) from $14.5B to $13B, while imports decreased by $-3.46B (-15.6%) from $22.1B to $18.7B.

Trade In First Quarter 2024, the top exports of Milano were Machinery and equipment n.e.c. (€1.91B), Chemical products (€1.51B), Basic pharmaceutical products and pharmaceutical preparations (€1.3B), Articles of clothing (including leather and... (€1.27B), and Leather goods (excluding clothing) and similar (€1.14B). In First Quarter 2024 the top imports of Milano were Computer and electronic and optical products;... (€2.98B), Chemical products (€2.22B), Machinery and equipment n.e.c. (€1.82B), Basic pharmaceutical products and pharmaceutical preparations (€1.8B), and Electrical equipment and non-electrical household equipment (€1.47B).

Destinations In First Quarter 2024, Milano exported mostly to Switzerland (€1.63B), United States (€1.41B), Germany (€1.11B), China (€754M), and United Kingdom (€679M), and imported mostly from Germany (€4.22B), Netherlands (€2.63B), China (€1.74B), Switzerland (€1.06B), and Belgium (€960M).

Growth In First Quarter 2024, the decrease in Milano's year-by-year exports was explained primarily by an decrease in exports to United States (€-244M or -14.7%), United Kingdom (€-97.1M or -12.5%), and Germany (€-81.9M or -6.88%), and product exports decrease in Leather goods (excluding clothing) and similar (€-294M or -20.5%), Chemical products (€-254M or -14.4%), and Basic pharmaceutical products and pharmaceutical preparations (€-128M or -8.96%). In First Quarter 2024, the decrease in Milano's year-by-year imports was explained primarily by an decrease in imports from China ($-409M or -19.1%), Netherlands ($-312M or -10.6%), and Germany ($-247M or -5.52%), and product imports decrease in Computer and electronic and optical products;... (€-622M or -17.3%), Machinery and equipment n.e.c. (€-481M or -20.9%), and Electrical equipment and non-electrical household equipment (€-475M or -24.4%).

Latest Data

Time Scale
Flow
Color
Depth
EXPORT GROWTH (First Quarter 2023 - First Quarter 2024)€-1.43B(-9.87%)
IMPORT GROWTH (First Quarter 2023 - First Quarter 2024)€-3.46B(-15.6%)

This section shows exports and imports data at subnational level for Milano. Click any date in the line plot, any subnational region in the geomap, or any product, destination or origin country to explore the exports or imports behavior of Milano over time.

For full datasets download visit Bulk Download page.

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Milano's Quarterly Exports
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Exports by Products
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Exports by Countries
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Historical Data

Yearly Exports

Color
Depth
Top Destination (2023)United States€6.52B
Top Product (2023)Chemical products€6.29B

In 2023 the top export destinations of Milano were United States (€6.52B), Switzerland (€6.3B), Germany (€4.27B), China (€3.17B), and United Kingdom (€2.81B).

In 2023 the top exports of Milano were Chemical products (€6.29B), Basic pharmaceutical products and pharmaceutical preparations (€5.61B), Machinery and equipment n.e.c. (€5.41B), Articles of clothing (including leather and... (€5.14B), and Leather goods (excluding clothing) and similar (€4.92B).

Explore Visualizations

Exports (2023)
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Destinations (2023)
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Exports Dynamics

Fastest Growing Exports Destination (Q1 2023 - Q1 2024)
Switzerland €72.2M (4.63%)
Qatar €43.9M (79.5%)
China €41M (5.75%)
Rapidly Declining Export Origins (Q1 2023 - Q1 2024)
United States -€244M (-14.7%)
United Kingdom -€97.1M (-12.5%)
Germany -€81.9M (-6.88%)

Export Destinations of Milano (Q1 2023 - Q1 2024)

Yearly Imports

Color
Depth
Top Origin (2023)Germany€17B
Top Import (2023)Computer and electronic and optical products;...€13.1B

In 2023 the top import origins of Milano were Germany (€17B), Netherlands (€10.9B), China (€8.07B), Switzerland (€4.04B), and Spain (€3.91B).

In 2023 the top imports of Milano were Computer and electronic and optical products;... (€13.1B), Chemical products (€8.81B), Electrical equipment and non-electrical household equipment (€7.13B), Basic pharmaceutical products and pharmaceutical preparations (€6.93B), and Metallurgy products (€5.73B).

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Imports (2023)
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Origins (2023)
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Imports Dynamics

Fastest Growing Import Origins (Q1 2023 - Q1 2024)
Switzerland €156M (17.2%)
Denmark €44.3M (24.6%)
Mozambique €36.9M (76.5%)
Rapidly Declining Import Origins (Q1 2023 - Q1 2024)
China -€409M (-19.1%)
Netherlands -€312M (-10.6%)
Germany -€247M (-5.52%)

Import Origins of Milano (Q1 2023 - Q1 2024)

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