Milano

Overview In Third Quarter 2024 Milano exported $12.6B and imported $19B, resulting in a negative trade balance of $6.34B. Between Third Quarter 2023 and Third Quarter 2024 the exports of Milano have increased by $4.28M (0.034%) from $12.6B to $12.6B, while imports increased by $1.05B (5.83%) from $17.9B to $19B.

Trade In Third Quarter 2024, the top exports of Milano were Machinery and equipment nec (€1.86B), Chemicals (€1.52B), Articles of clothing (including leather and... (€1.28B), Basic pharmaceutical products and pharmaceutical preparations (€1.17B), and Electrical equipment and non-electrical household equipment (€1.11B). In Third Quarter 2024 the top imports of Milano were Computer and electronic and optical products;... (€3.12B), Chemicals (€2.08B), Machinery and equipment nec (€1.71B), Basic pharmaceutical products and pharmaceutical preparations (€1.67B), and Motor vehicles, trailers and semi-trailers (€1.64B).

Destinations In Third Quarter 2024, Milano exported mostly to United States (€1.45B), Switzerland (€1.4B), Germany (€1.04B), China (€703M), and United Kingdom (€635M), and imported mostly from Germany (€4.17B), Netherlands (€2.52B), China (€2.23B), Spain (€1.08B), and Switzerland (€957M).

Growth In Third Quarter 2024, the increase in Milano's year-by-year exports was explained primarily by an increase in exports to Unclassified (€204M or 61%), Saudi Arabia (€72M or 58.5%), and Spain (€57.2M or 12.3%), and product exports increase in Goods declared as ship's supplies, returned... (€208M or 58.6%), Food products (€31.1M or 6.47%), and Drinks (€29.9M or 38.7%). In Third Quarter 2024, the increase in Milano's year-by-year imports was explained primarily by an increase in imports from China ($302M or 15.6%), Germany ($252M or 6.42%), and Spain ($192M or 21.7%), and product imports increase in Motor vehicles, trailers and semi-trailers (€462M or 39.1%), Chemicals (€109M or 5.53%), and Computer and electronic and optical products;... (€108M or 3.58%).