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2022
Exports $4.1BWorld Rnk 5 / 220
Flag Rnk 29 / 1217
2022
Destination $102M United States
2021 - 2022
FASTEST GROWING MARKET $102MMexico
2022
PRODUCT COMPLEXITY IN Air Pumps1.38Rnk 73 / 1025
2022
Imports $2.48BWorld Rnk 9 / 226
Flag Rnk 47 / 1215
2022
Origin $34.9M Germany
2021 - 2022
FASTEST GROWING ORIGIN $34.9MChina
2022
ECONOMIC COMPLEXITY of Italy1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $4.1B in Air Pumps, making it the 5th largest exporter of Air Pumps in the world. At the same year, Air Pumps was the 29th most exported product in Italy. The main destination of Air Pumps exports from Italy are: United States ($445M), Germany ($437M), France ($341M), China ($186M), and Spain ($186M).

The fastest growing export markets for Air Pumps of Italy between 2021 and 2022 were Mexico ($102M), Iraq ($34.4M), and Kazakhstan ($25.9M).

Imports In 2022, Italy imported $2.48B in Air Pumps, becoming the 9th largest importer of Air Pumps in the world. At the same year, Air Pumps was the 47th most imported product in Italy. Italy imports Air Pumps primarily from: Germany ($685M), China ($459M), Slovakia ($216M), France ($148M), and Belgium ($134M).

The fastest growing import markets in Air Pumps for Italy between 2021 and 2022 were China ($34.9M), United States ($16M), and Czechia ($14.5M).

COMPANIES In 2023, leading companies such as Mahle Behr (4), Schindler Elevators (1), and BSH Home Appliances (1) were at the forefront of shipping Air Pumps from Italy to the United States.

Latest Trends

August 2024

About

Overview In August 2024 Italy's Air Pumps exports accounted up to €319M and imports accounted up to €129M, resulting in a positive trade balance of €190M. Between August 2023 and August 2024 the exports of Italy's   Air Pumps have increased by €12.4M (4.06%) from €306M to €319M, while imports decreased by €-6.45M (-4.76%) from €135M to €129M.

Destinations In August 2024, Air Pumps were exported mostly to United States (€38.3M), China (€29M), Germany (€26.5M), Singapore (€25.9M), and Saudi Arabia (€21.1M), and were imported mostly from Germany (€42.3M), China (€26.4M), Belgium (€6.82M), Japan (€6.7M), and France (€6.13M).

Growth In August 2024, the increase in Air Pumps's year-by-year exports was explained primarily by an increase in exports to Saudi Arabia (€8.27M or 472%), Egypt (€7.71M or 100%), and South Korea (€7.49M or 636%). In August 2024, the decrease in Air Pumps's year-by-year imports was explained primarily by a decrease in imports from China (€-19M or -42.2%), Chinese Taipei (€-1.01M or -70.9%), and Switzerland (€-692k or -17.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)€12.4M(4.06%)
IMPORT GROWTH (August 2023 - August 2024)€-6.45M(-4.76%)
MAIN DESTINATION (August 2024)United States€38.3M

This section shows Air Pumps'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 Pumps over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$4.1B
IMPORTS (2022)$2.48B
NET TRADE (2022)$1.62B

In 2022, Italy exported $4.1B in Air Pumps. The main destinations of Italy exports on Air Pumps were United States ($445M), Germany ($437M), France ($341M), China ($186M), and Spain ($186M).

In 2022, Italy imported $2.48B in Air Pumps, mainly from Germany ($685M), China ($459M), Slovakia ($216M), France ($148M), and Belgium ($134M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Air Pumps EXPORT MARKETS FOR Italy WERE (2021 - 2022):
Mexico$102M (279%)
Iraq$34.4M (972%)
Kazakhstan$25.9M (49.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Air Pumps BY Italy WERE (2021 - 2022):
China-$124M (-40.1%)
Algeria-$73.2M (-80%)
Egypt-$70.2M (-49.4%)
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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 Pumps were:
China $26.1B
Germany $10.3B
United States $6.92B
In 2022, Italy's main importing competitors in Air Pumps were:
United States $15.5B
Germany $5.83B
China $5.48B

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Trade Value of Air Pumps by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $173M
TOP IMPORT POTENTIALChina+ $171M

Air Pumps’s highest export potential is United States. With an export gap of $173M.   Air Pumps’s highest import potential is China with an import gap of $171M.

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