2023
Exports
$232MWorld Rnk 17 / 151
Flag Rnk 378 / 1216
2023
PRODUCT COMPLEXITY IN Buses
0.24Rnk 481 / 1025
2023
Imports
$1.34BWorld Rnk 2 / 212
Flag Rnk 101 / 1213
2023
ECONOMIC COMPLEXITY of Italy
1.29Rnk 18 / 132

About

Exports In 2023, Italy exported $232M in Buses, making it the 17th largest exporter of Buses in the world. At the same year, Buses was the 378th most exported product in Italy. The main destination of Buses exports from Italy are: Germany ($71.4M), France ($47M), Japan ($14.6M), Spain ($11.7M), and Austria ($10.3M).

The fastest growing export markets for Buses of Italy between 2022 and 2023 were Germany ($65M), Japan ($14.6M), and France ($8.49M).

Imports In 2023, Italy imported $1.34B in Buses, becoming the 2nd largest importer of Buses in the world. At the same year, Buses was the 101st most imported product in Italy. Italy imports Buses primarily from: Turkey ($306M), Czechia ($297M), France ($252M), Poland ($137M), and Germany ($111M).

The fastest growing import markets in Buses for Italy between 2022 and 2023 were Czechia ($157M), Turkey ($154M), and France ($153M).

COMPANIES In 2023, leading companies such as Arhaus (1) were at the forefront of shipping Buses from Italy to the United States.

Latest Trends

November 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)€-13.6M(-54.4%)
IMPORT GROWTH (November 2023 - November 2024)€41.6M(31.1%)
MAIN DESTINATION (November 2024)Spain€2.5M

This section shows Buses'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 Buses over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$232M
IMPORTS (2023)$1.34B
NET TRADE (2023)-$1.11B

In 2023, Italy exported $232M in Buses. The main destinations of Italy exports on Buses were Germany ($71.4M), France ($47M), Japan ($14.6M), Spain ($11.7M), and Austria ($10.3M).

In 2023, Italy imported $1.34B in Buses, mainly from Turkey ($306M), Czechia ($297M), France ($252M), Poland ($137M), and Germany ($111M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Buses EXPORT MARKETS FOR Italy WERE (2022 - 2023):
Germany$65M (1.02k%)
Japan$14.6M (116k%)
France$8.49M (22%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Buses BY Italy WERE (2022 - 2023):
Austria-$12.2M (-54.3%)
Cote d'Ivoire-$10.3M (-96%)
Colombia-$8.67M (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Italy's main exporting competitors in Buses were:
China $3.94B
Turkey $2.49B
Japan $2.3B
In 2023, Italy's main importing competitors in Buses were:

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Trade Value of Buses by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $10.3M
TOP IMPORT POTENTIALFrance+ $12.1M

Buses’s highest export potential is France. With an export gap of $10.3M.   Buses’s highest import potential is France with an import gap of $12.1M.

See methodology.

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