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2022
Exports $1.99BWorld Rnk 5 / 198
Flag Rnk 71 / 1217
2022
Destination $31.9M Germany
2021 - 2022
FASTEST GROWING MARKET $31.9MSpain
2022
PRODUCT COMPLEXITY IN Air Conditioners0.55Rnk 346 / 1025
2022
Imports $2.27BWorld Rnk 6 / 224
Flag Rnk 56 / 1215
2022
Origin $131M China
2021 - 2022
FASTEST GROWING ORIGIN $131MChina
2022
ECONOMIC COMPLEXITY of Italy1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $1.99B in Air Conditioners, making it the 5th largest exporter of Air Conditioners in the world. At the same year, Air Conditioners was the 71st most exported product in Italy. The main destination of Air Conditioners exports from Italy are: Germany ($313M), France ($227M), Spain ($158M), Poland ($97.6M), and United Kingdom ($95.8M).

The fastest growing export markets for Air Conditioners of Italy between 2021 and 2022 were Spain ($31.9M), United Kingdom ($29.5M), and Brazil ($26.1M).

Imports In 2022, Italy imported $2.27B in Air Conditioners, becoming the 6th largest importer of Air Conditioners in the world. At the same year, Air Conditioners was the 56th most imported product in Italy. Italy imports Air Conditioners primarily from: China ($804M), Thailand ($248M), Czechia ($202M), Turkey ($139M), and Germany ($107M).

The fastest growing import markets in Air Conditioners for Italy between 2021 and 2022 were China ($131M), Turkey ($36.4M), and Slovakia ($20.9M).

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

August 2024

About

Overview In August 2024 Italy's Air Conditioners exports accounted up to €134M and imports accounted up to €109M, resulting in a positive trade balance of €25.2M. Between August 2023 and August 2024 the exports of Italy's   Air Conditioners have increased by €2.73M (2.08%) from €131M to €134M, while imports decreased by €-6.91M (-5.97%) from €116M to €109M.

Destinations In August 2024, Air Conditioners were exported mostly to Germany (€23.4M), France (€10.9M), Spain (€9.56M), Austria (€8.6M), and Belgium (€7.48M), and were imported mostly from China (€49.6M), Thailand (€11.4M), Slovakia (€6.64M), Malaysia (€6.23M), and Spain (€4.5M).

Growth In August 2024, the increase in Air Conditioners's year-by-year exports was explained primarily by an increase in exports to Germany (€9.49M or 54.6%), France (€6.25M or 47.8%), and United States (€3.77M or 182%). In August 2024, the decrease in Air Conditioners's year-by-year imports was explained primarily by a decrease in imports from China (€-2.52M or -5.15%), Netherlands (€-2.39M or -27.3%), and Slovakia (€-2.16M or -39%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)€2.73M(2.08%)
IMPORT GROWTH (August 2023 - August 2024)€-6.91M(-5.97%)
MAIN DESTINATION (August 2024)Germany€23.4M

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 (2022)$1.99B
IMPORTS (2022)$2.27B
NET TRADE (2022)-$274M

In 2022, Italy exported $1.99B in Air Conditioners. The main destinations of Italy exports on Air Conditioners were Germany ($313M), France ($227M), Spain ($158M), Poland ($97.6M), and United Kingdom ($95.8M).

In 2022, Italy imported $2.27B in Air Conditioners, mainly from China ($804M), Thailand ($248M), Czechia ($202M), Turkey ($139M), and Germany ($107M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Air Conditioners EXPORT MARKETS FOR Italy WERE (2021 - 2022):
Spain$31.9M (25.4%)
United Kingdom$29.5M (44.5%)
Brazil$26.1M (144%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Air Conditioners BY Italy WERE (2021 - 2022):
Russia-$19.8M (-58.4%)
Belgium-$19.5M (-22.5%)
Slovenia-$9.61M (-24.4%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Air Conditioners were:
China $23.1B
Thailand $7.26B
Mexico $6.1B
In 2022, Italy's main importing competitors in Air Conditioners were:
United States $13.1B
Germany $2.75B
Japan $2.71B

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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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