Piemonte

Overview In Second Quarter 2024 Piemonte exported $13.1B and imported $10.1B, resulting in a positive trade balance of $3.08B. Between Second Quarter 2023 and Second Quarter 2024 the exports of Piemonte have decreased by $-869M (-6.2%) from $14B to $13.1B, while imports decreased by $-1.54B (-13.2%) from $11.6B to $10.1B.

Trade In Second Quarter 2024, the top exports of Piemonte were Machinery and equipment nec (€2.52B), Motor vehicles, trailers and semi-trailers (€2.38B), Food products (€1.06B), Chemicals (€1.01B), and Articles in rubber and plastic materials (€821M). In Second Quarter 2024 the top imports of Piemonte were Motor vehicles, trailers and semi-trailers (€2.5B), Machinery and equipment nec (€1.24B), Chemicals (€919M), Agricultural, animal and hunting products (€719M), and Electrical equipment and non-electrical household equipment (€602M).

Destinations In Second Quarter 2024, Piemonte exported mostly to Germany (€2.05B), United States (€1.3B), Spain (€965M), Poland (€847M), and United Kingdom (€647M), and imported mostly from Germany (€1.54B), Poland (€1.07B), Spain (€1.04B), China (€753M), and Belgium (€516M).

Growth In Second Quarter 2024, the decrease in Piemonte's year-by-year exports was explained primarily by an decrease in exports to Germany (€-430M or -17.3%), Belgium (€-148M or -27.2%), and United States (€-125M or -8.73%), and product exports decrease in N/A. In Second Quarter 2024, the decrease in Piemonte's year-by-year imports was explained primarily by an decrease in imports from Poland ($-284M or -20.9%), Germany ($-260M or -14.4%), and China ($-227M or -23.2%), and product imports decrease in Motor vehicles, trailers and semi-trailers (€-463M or -15.6%), Electrical equipment and non-electrical household equipment (€-321M or -34.8%), and Computer and electronic and optical products;... (€-138M or -22.7%).