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2022
Exports $7.16MWorld Rnk 20 / 133
Flag Rnk 1009 / 1217
2022
Destination $236k Tunisia
2021 - 2022
FASTEST GROWING MARKET $236kSouth Korea
2022
PRODUCT COMPLEXITY IN Audio and Video Recording Accessories0.98Rnk 178 / 1025
2022
Imports $8.92MWorld Rnk 31 / 199
Flag Rnk 1047 / 1215
2022
Origin $520k China
2021 - 2022
FASTEST GROWING ORIGIN $520kChina
2022
ECONOMIC COMPLEXITY of Italy1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $7.16M in Audio and Video Recording Accessories, making it the 20th largest exporter of Audio and Video Recording Accessories in the world. At the same year, Audio and Video Recording Accessories was the 1009th most exported product in Italy. The main destination of Audio and Video Recording Accessories exports from Italy are: Tunisia ($3.26M), Germany ($514k), United States ($445k), France ($398k), and United Kingdom ($290k).

The fastest growing export markets for Audio and Video Recording Accessories of Italy between 2021 and 2022 were South Korea ($236k), Hong Kong ($159k), and Greece ($91.5k).

Imports In 2022, Italy imported $8.92M in Audio and Video Recording Accessories, becoming the 31st largest importer of Audio and Video Recording Accessories in the world. At the same year, Audio and Video Recording Accessories was the 1047th most imported product in Italy. Italy imports Audio and Video Recording Accessories primarily from: China ($2.24M), Netherlands ($1.8M), Germany ($1.56M), United States ($459k), and Japan ($433k).

The fastest growing import markets in Audio and Video Recording Accessories for Italy between 2021 and 2022 were China ($520k), Netherlands ($410k), and Austria ($258k).

Latest Trends

August 2024

About

Overview In August 2024 Italy's Audio and Video Recording Accessories exports accounted up to €212k and imports accounted up to €441k, resulting in a negative trade balance of €228k. Between August 2023 and August 2024 the exports of Italy's   Audio and Video Recording Accessories have increased by €105k (98%) from €107k to €212k, while imports decreased by €-198k (-31%) from €639k to €441k.

Destinations In August 2024, Audio and Video Recording Accessories were exported mostly to Germany (€93k), South Korea (€36k), United States (€13.4k), Vietnam (€12.7k), and Poland (€10.2k), and were imported mostly from China (€174k), Estonia (€84.6k), Germany (€63.1k), Netherlands (€27.9k), and Belgium (€22.9k).

Growth In August 2024, the increase in Audio and Video Recording Accessories's year-by-year exports was explained primarily by an increase in exports to Australia (€37.5k or 1.94k%), Turkey (€25.9k or 495%), and Netherlands (€7.69k or 343%). In August 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 (August 2023 - August 2024)€105k(98%)
IMPORT GROWTH (August 2023 - August 2024)€-198k(-31%)
MAIN DESTINATION (August 2024)Germany€93k

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 (2022)$7.16M
IMPORTS (2022)$8.92M
NET TRADE (2022)-$1.76M

In 2022, Italy exported $7.16M in Audio and Video Recording Accessories. The main destinations of Italy exports on Audio and Video Recording Accessories were Tunisia ($3.26M), Germany ($514k), United States ($445k), France ($398k), and United Kingdom ($290k).

In 2022, Italy imported $8.92M in Audio and Video Recording Accessories, mainly from China ($2.24M), Netherlands ($1.8M), Germany ($1.56M), United States ($459k), and Japan ($433k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Audio and Video Recording Accessories EXPORT MARKETS FOR Italy WERE (2021 - 2022):
South Korea$236k (3.34k%)
Hong Kong$159k (279%)
Greece$91.5k (146%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Audio and Video Recording Accessories BY Italy WERE (2021 - 2022):
Tunisia-$1.53M (-32%)
Germany-$461k (-47.3%)
United States-$127k (-22.2%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Audio and Video Recording Accessories were:
China $680M
United States $210M
Indonesia $168M
In 2022, Italy's main importing competitors in Audio and Video Recording Accessories were:
Hong Kong $297M
Singapore $191M
China $153M

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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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