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2023
Exports $2.13BWorld Rnk 6 / 208
Flag Rnk 72 / 1216
2023
Destination $43.7M Germany
2022 - 2023
FASTEST GROWING MARKET $43.7MFrance
2023
PRODUCT COMPLEXITY IN Air Conditioners0.51Rnk 371 / 1025
2023
Imports $2.22BWorld Rnk 6 / 224
Flag Rnk 58 / 1213
2023
Origin $26.8M China
2022 - 2023
FASTEST GROWING ORIGIN $26.8MTurkey
2023
ECONOMIC COMPLEXITY of Italy1.29Rnk 18 / 132

About

Exports In 2023, Italy exported $2.13B in Air Conditioners, making it the 6th largest exporter of Air Conditioners in the world. At the same year, Air Conditioners was the 72nd most exported product in Italy. The main destination of Air Conditioners exports from Italy are: Germany ($321M), France ($231M), Spain ($156M), United Kingdom ($117M), and United States ($101M).

The fastest growing export markets for Air Conditioners of Italy between 2022 and 2023 were France ($43.7M), Germany ($38.8M), and Belgium ($35.4M).

Imports In 2018, Italy imported $2.22B in Air Conditioners, becoming the 6th largest importer of Air Conditioners in the world. At the same year, Air Conditioners was the 58th most imported product in Italy. Italy imports Air Conditioners primarily from: China ($749M), Thailand ($268M), Czechia ($185M), Turkey ($161M), and Germany ($136M).

The fastest growing import markets in Air Conditioners for Italy between 2022 and 2023 were Turkey ($26.8M), Malaysia ($25M), and Austria ($13.4M).

COMPANIES In 2023, leading companies such as CNH Industrial (1.06k), Robert Bosch (6), and Ford Motor Company (1) were at the forefront of shipping Air Conditioners from Italy to the United States.

Latest Trends

November 2024

About

Overview In November 2024 Italy's Air Conditioners exports accounted up to €163M and imports accounted up to €115M, resulting in a positive trade balance of €47.8M. Between November 2023 and November 2024 the exports of Italy's   Air Conditioners have decreased by €-8.67M (-5.05%) from €172M to €163M, while imports increased by €37.2M (47.7%) from €78M to €115M.

Destinations In November 2024, Air Conditioners were exported mostly to Germany (€27.3M), France (€18.6M), Spain (€13.4M), United States (€12M), and United Kingdom (€10.9M), and were imported mostly from China (€26.1M), Turkey (€12.1M), Thailand (€11.2M), Belgium (€9.47M), and Germany (€9.09M).

Growth In November 2024, the decrease in Air Conditioners's year-by-year exports was explained primarily by a decrease in exports to Brazil (€-1.87M or -69.3%), Russia (€-1.14M or -87.6%), and Qatar (€-971k or -94.9%). In November 2024, the increase in Air Conditioners's year-by-year imports was explained primarily by an increase in imports from Czechia (€19M or 179%), Thailand (€7.05M or 56.7%), and Turkey (€7.01M or 67.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)€-8.67M(-5.05%)
IMPORT GROWTH (November 2023 - November 2024)€37.2M(47.7%)
MAIN DESTINATION (November 2024)Germany€27.3M

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

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Historical Data

Trade Balance

Color
EXPORTS (2023)$2.13B
IMPORTS (2023)$2.22B
NET TRADE (2023)-$96.7M

In 2023, Italy exported $2.13B in Air Conditioners. The main destinations of Italy exports on Air Conditioners were Germany ($321M), France ($231M), Spain ($156M), United Kingdom ($117M), and United States ($101M).

In 2023, Italy imported $2.22B in Air Conditioners, mainly from China ($749M), Thailand ($268M), Czechia ($185M), Turkey ($161M), and Germany ($136M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Air Conditioners EXPORT MARKETS FOR Italy WERE (2022 - 2023):
France$43.7M (23.3%)
Germany$38.8M (13.8%)
Belgium$35.4M (58.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Air Conditioners BY Italy WERE (2022 - 2023):
Spain-$10.6M (-6.36%)
Qatar-$8.92M (-44.5%)
Indonesia-$8.4M (-83.9%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Italy's main exporting competitors in Air Conditioners were:
China $22.3B
Thailand $7.86B
Mexico $7.33B
In 2023, Italy's main importing competitors in Air Conditioners were:
United States $14.2B
Germany $2.79B
Japan $2.49B

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Trade Value of Air Conditioners by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $68.2M
TOP IMPORT POTENTIALChina+ $49.8M

Air Conditioners’s highest export potential is United States. With an export gap of $68.2M.   Air Conditioners’s highest import potential is China with an import gap of $49.8M.

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