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2023
Exports $9.85MWorld Rnk 18 / 127
Flag Rnk 968 / 1216
2023
Destination $718k Tunisia
2022 - 2023
FASTEST GROWING MARKET $718kRomania
2023
PRODUCT COMPLEXITY IN Audio and Video Recording Accessories0.75Rnk 267 / 1025
2023
Imports $9.44MWorld Rnk 23 / 194
Flag Rnk 1023 / 1213
2023
Origin $1.39M United States
2022 - 2023
FASTEST GROWING ORIGIN $1.39MUnited States
2023
ECONOMIC COMPLEXITY of Italy1.29Rnk 18 / 132

About

Exports In 2023, Italy exported $9.85M in Audio and Video Recording Accessories, making it the 18th largest exporter of Audio and Video Recording Accessories in the world. At the same year, Audio and Video Recording Accessories was the 968th most exported product in Italy. The main destination of Audio and Video Recording Accessories exports from Italy are: Tunisia ($3.26M), Germany ($1.45M), France ($850k), Romania ($811k), and Singapore ($519k).

The fastest growing export markets for Audio and Video Recording Accessories of Italy between 2022 and 2023 were Romania ($718k), Germany ($481k), and Singapore ($473k).

Imports In 2023, Italy imported $9.44M in Audio and Video Recording Accessories, becoming the 23rd largest importer of Audio and Video Recording Accessories in the world. At the same year, Audio and Video Recording Accessories was the 1023rd most imported product in Italy. Italy imports Audio and Video Recording Accessories primarily from: United States ($1.9M), China ($1.73M), France ($1.69M), Germany ($1.33M), and Netherlands ($905k).

The fastest growing import markets in Audio and Video Recording Accessories for Italy between 2022 and 2023 were United States ($1.39M), France ($1.39M), and Malaysia ($226k).

Latest Trends

November 2024

About

Overview In November 2024 Italy's Audio and Video Recording Accessories exports accounted up to €217k and imports accounted up to €754k, resulting in a negative trade balance of €537k. Between November 2023 and November 2024 the exports of Italy's   Audio and Video Recording Accessories have decreased by €-261k (-54.6%) from €479k to €217k, while imports decreased by €-74k (-8.93%) from €828k to €754k.

Destinations In November 2024, Audio and Video Recording Accessories were exported mostly to United States (€44.8k), Germany (€41.8k), Albania (€36.6k), France (€34.4k), and United Kingdom (€19.3k), and were imported mostly from France (€419k), China (€107k), Germany (€84.5k), Netherlands (€55.5k), and Belgium (€31.2k).

Growth In November 2024, the decrease in Audio and Video Recording Accessories's year-by-year exports was explained primarily by a decrease in exports to United Kingdom (€-43.5k or -87.9%), United States (€-14.9k or -34.4%), and Switzerland (€-7.08k or -69.9%). In November 2024, the decrease in Audio and Video Recording Accessories's year-by-year imports was explained primarily by a decrease in imports from China (€-284k or -63.8%), United States (€-65.6k or -86.2%), and United Kingdom (€-53.9k or -98%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)€-261k(-54.6%)
IMPORT GROWTH (November 2023 - November 2024)€-74k(-8.93%)
MAIN DESTINATION (November 2024)United States€44.8k

This section shows Audio and Video Recording Accessories'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 Audio and Video Recording Accessories over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$9.85M
IMPORTS (2023)$9.44M
NET TRADE (2023)$404k

In 2023, Italy exported $9.85M in Audio and Video Recording Accessories. The main destinations of Italy exports on Audio and Video Recording Accessories were Tunisia ($3.26M), Germany ($1.45M), France ($850k), Romania ($811k), and Singapore ($519k).

In 2023, Italy imported $9.44M in Audio and Video Recording Accessories, mainly from United States ($1.9M), China ($1.73M), France ($1.69M), Germany ($1.33M), and Netherlands ($905k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Audio and Video Recording Accessories EXPORT MARKETS FOR Italy WERE (2022 - 2023):
Romania$718k (769%)
Germany$481k (49.7%)
Singapore$473k (1.03k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Audio and Video Recording Accessories BY Italy WERE (2022 - 2023):
Hong Kong-$177k (-82%)
United States-$95.9k (-25.1%)
Luxembourg-$77.6k (-96.2%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Italy's main exporting competitors in Audio and Video Recording Accessories were:
China $491M
Indonesia $157M
Japan $61.2M
In 2023, Italy's main importing competitors in Audio and Video Recording Accessories were:
Hong Kong $168M
Singapore $162M
United States $86.7M

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Trade Value of Audio and Video Recording Accessories by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $310k
TOP IMPORT POTENTIALChina+ $1.12M

Audio and Video Recording Accessories’s highest export potential is United States. With an export gap of $310k.   Audio and Video Recording Accessories’s highest import potential is China with an import gap of $1.12M.

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