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Q2 2024
Trade
Exports | Imports $13.1B | $19.8B1 of 107 | 1 of 109
Q2 2024
Country
Destination | Origin United States | Germany $1.63B  | $4.13B

About

Overview This page contains the latest international trade data for Milano. In Second 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 Chemicals (€6.29B), Basic pharmaceutical products and pharmaceutical preparations (€5.61B), Machinery and equipment nec (€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), Chemicals (€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

Second Quarter, 2024

About

Overview In Second Quarter 2024 Milano exported $13.1B and imported $19.8B, resulting in a negative trade balance of $6.64B. Between Second Quarter 2023 and Second Quarter 2024 the exports of Milano have decreased by $-304M (-2.27%) from $13.4B to $13.1B, while imports increased by $27.8M (0.14%) from $19.7B to $19.8B.

Trade In Second Quarter 2024, the top exports of Milano were Machinery and equipment nec (€1.99B), Chemicals (€1.66B), Basic pharmaceutical products and pharmaceutical preparations (€1.25B), Articles of clothing (including leather and... (€1.16B), and Electrical equipment and non-electrical household equipment (€1.15B). In Second Quarter 2024 the top imports of Milano were Computer and electronic and optical products;... (€2.92B), Chemicals (€2.43B), Machinery and equipment nec (€1.97B), Basic pharmaceutical products and pharmaceutical preparations (€1.96B), and Electrical equipment and non-electrical household equipment (€1.54B).

Destinations In Second Quarter 2024, Milano exported mostly to United States (€1.63B), Switzerland (€1.54B), Germany (€1.06B), China (€682M), and United Kingdom (€652M), and imported mostly from Germany (€4.13B), Netherlands (€2.66B), China (€2.03B), Switzerland (€1.31B), and Spain (€1.09B).

Growth In Second Quarter 2024, the decrease in Milano's year-by-year exports was explained primarily by an decrease in exports to China (€-141M or -17.1%), Switzerland (€-113M or -6.85%), and Belgium (€-84.3M or -28.1%), and product exports decrease in Leather goods (excluding clothing) and similar (€-250M or -20%), Basic pharmaceutical products and pharmaceutical preparations (€-203M or -14%), and Coke and products derived from petroleum... (€-71.4M or -63.1%). In Second Quarter 2024, the increase in Milano's year-by-year imports was explained primarily by an increase in imports from Switzerland ($219M or 20.1%), Spain ($152M or 16.2%), and Ireland ($89.8M or 34.3%), and product imports increase in Motor vehicles, trailers and semi-trailers (€239M or 18.5%), Basic pharmaceutical products and pharmaceutical preparations (€238M or 13.8%), and Chemicals (€168M or 7.42%).

Latest Data

Time Scale
Flow
Color
Depth
EXPORT GROWTH (Second Quarter 2023 - Second Quarter 2024)€-304M(-2.27%)
IMPORT GROWTH (Second Quarter 2023 - Second Quarter 2024)€27.8M(0.14%)

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)Chemicals€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 Chemicals (€6.29B), Basic pharmaceutical products and pharmaceutical preparations (€5.61B), Machinery and equipment nec (€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 (Q2 2023 - Q2 2024)
Spain €51.5M (9.85%)
United Arab Emirates €34.9M (14.2%)
Poland €34M (11.3%)
Rapidly Declining Export Origins (Q2 2023 - Q2 2024)
China -€141M (-17.1%)
Switzerland -€113M (-6.85%)
Belgium -€84.3M (-28.1%)

Export Destinations of Milano (Q2 2023 - Q2 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), Chemicals (€8.81B), Electrical equipment and non-electrical household equipment (€7.13B), Basic pharmaceutical products and pharmaceutical preparations (€6.93B), and Metallurgy products (€5.73B).

Explore Visualizations

Imports (2023)
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Origins (2023)
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Imports Dynamics

Fastest Growing Import Origins (Q2 2023 - Q2 2024)
Switzerland €219M (20.1%)
Spain €152M (16.2%)
Ireland €89.8M (34.3%)
Rapidly Declining Import Origins (Q2 2023 - Q2 2024)
Germany -€255M (-5.82%)
China -€175M (-7.95%)
Japan -€117M (-33.8%)

Import Origins of Milano (Q2 2023 - Q2 2024)

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