Piemonte

Overview In First Quarter 2024 Piemonte exported $12.6B and imported $9.95B, resulting in a positive trade balance of $2.68B. Between First Quarter 2023 and First Quarter 2024 the exports of Piemonte have decreased by $-2.75B (-17.9%) from $15.4B to $12.6B, while imports decreased by $-2.36B (-19.1%) from $12.3B to $9.95B.

Trade In First Quarter 2024, the top exports of Piemonte were Motor vehicles, trailers and semi-trailers (€2.73B), Machinery and equipment n.e.c. (€2.36B), Foodstuffs (€1.15B), Chemical products (€906M), and Articles in rubber and plastic materials (€773M). In First Quarter 2024 the top imports of Piemonte were Motor vehicles, trailers and semi-trailers (€2.51B), Machinery and equipment n.e.c. (€1.22B), Chemical products (€865M), Electrical equipment and non-electrical household equipment (€682M), and Agricultural, animal and hunting products (€574M).

Destinations In First Quarter 2024, Piemonte exported mostly to Germany (€2.18B), United States (€1.29B), Spain (€921M), Poland (€846M), and United Kingdom (€654M), and imported mostly from Germany (€1.75B), Poland (€1.19B), Spain (€881M), China (€678M), and Belgium (€514M).

Growth In First Quarter 2024, the decrease in Piemonte's year-by-year exports was explained primarily by an decrease in exports to Germany (€-131M or -5.66%), Switzerland (€-100M or -17.9%), and United States (€-49.4M or -3.7%), and product exports decrease in Motor vehicles, trailers and semi-trailers (€-733M or -21.2%), Machinery and equipment n.e.c. (€-379M or -13.9%), and Chemical products (€-332M or -26.8%). In First Quarter 2024, the decrease in Piemonte's year-by-year imports was explained primarily by an decrease in imports from China ($-228M or -25.2%), Spain ($-106M or -10.7%), and Germany ($-105M or -5.68%), and product imports decrease in Metallurgy products (€-328M or -39%), Chemical products (€-328M or -27.5%), and Machinery and equipment n.e.c. (€-247M or -16.8%).