2022
Exports
$16.4BWorld Rnk 14 / 210
Flag Rnk 3 / 1217
2022
PRODUCT COMPLEXITY IN Cars
0.9Rnk 207 / 1025
2022
Imports
$25.4BWorld Rnk 8 / 224
Flag Rnk 3 / 1215
2022
ECONOMIC COMPLEXITY of Italy
1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $16.4B in Cars, making it the 14th largest exporter of Cars in the world. At the same year, Cars was the 3rd most exported product in Italy. The main destination of Cars exports from Italy are: United States ($3.51B), Germany ($2.99B), France ($1.57B), China ($1.01B), and United Kingdom ($877M).

The fastest growing export markets for Cars of Italy between 2021 and 2022 were United States ($507M), China ($126M), and United Kingdom ($80.3M).

Imports In 2022, Italy imported $25.4B in Cars, becoming the 8th largest importer of Cars in the world. At the same year, Cars was the 3rd most imported product in Italy. Italy imports Cars primarily from: Germany ($8.38B), Spain ($3.3B), France ($1.5B), Czechia ($1.41B), and Slovakia ($1.19B).

The fastest growing import markets in Cars for Italy between 2021 and 2022 were Germany ($356M), Czechia ($285M), and China ($215M).

COMPANIES In 2023, leading companies such as Pirelli Tires (1), Arhaus (1), and Molson Coors (1) were at the forefront of shipping Cars from Italy to the United States.

Latest Trends

March 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2023 - March 2024)€-334M(-18.9%)
IMPORT GROWTH (March 2023 - March 2024)€230M(7.24%)
MAIN DESTINATION (March 2024)United States€311M

This section shows Cars'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 Cars over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$16.4B
IMPORTS (2022)$25.4B
NET TRADE (2022)-$9.03B

In 2022, Italy exported $16.4B in Cars. The main destinations of Italy exports on Cars were United States ($3.51B), Germany ($2.99B), France ($1.57B), China ($1.01B), and United Kingdom ($877M).

In 2022, Italy imported $25.4B in Cars, mainly from Germany ($8.38B), Spain ($3.3B), France ($1.5B), Czechia ($1.41B), and Slovakia ($1.19B).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cars EXPORT MARKETS FOR Italy WERE (2021 - 2022):
United States$507M (16.9%)
China$126M (14.2%)
United Kingdom$80.3M (10.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cars BY Italy WERE (2021 - 2022):
France-$392M (-20%)
Hungary-$118M (-51.4%)
Poland-$104M (-27.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Cars were:
In 2022, Italy's main importing competitors in Cars were:

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Trade Value of Cars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.19B
TOP IMPORT POTENTIALFrance+ $803M

Cars’s highest export potential is United States. With an export gap of $1.19B.   Cars’s highest import potential is France with an import gap of $803M.

See methodology.

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