2023
Exports
$567MWorld Rnk 19 / 215
Flag Rnk 221 / 1216
2023
PRODUCT COMPLEXITY IN Chemical Analysis Instruments
1.72Rnk 22 / 1025
2023
Imports
$1.36BWorld Rnk 11 / 225
Flag Rnk 98 / 1213
2023
ECONOMIC COMPLEXITY of Italy
1.29Rnk 18 / 132

About

Exports In 2023, Italy exported $567M in Chemical Analysis Instruments, making it the 19th largest exporter of Chemical Analysis Instruments in the world. At the same year, Chemical Analysis Instruments was the 221st most exported product in Italy. The main destination of Chemical Analysis Instruments exports from Italy are: United States ($65.2M), France ($56.3M), Germany ($50.6M), Spain ($36.9M), and China ($28.3M).

The fastest growing export markets for Chemical Analysis Instruments of Italy between 2022 and 2023 were France ($8.87M), Germany ($8.31M), and China ($5.7M).

Imports In 2023, Italy imported $1.36B in Chemical Analysis Instruments, becoming the 11th largest importer of Chemical Analysis Instruments in the world. At the same year, Chemical Analysis Instruments was the 98th most imported product in Italy. Italy imports Chemical Analysis Instruments primarily from: Germany ($458M), United States ($199M), Netherlands ($161M), France ($87.7M), and Czechia ($60.2M).

The fastest growing import markets in Chemical Analysis Instruments for Italy between 2022 and 2023 were Germany ($58.8M), France ($30M), and Netherlands ($24.2M).

Latest Trends

November 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)€2.11M(5.36%)
IMPORT GROWTH (November 2023 - November 2024)€13.5M(13.2%)
MAIN DESTINATION (November 2024)France€6.87M

This section shows Chemical Analysis Instruments'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 Chemical Analysis Instruments over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$567M
IMPORTS (2023)$1.36B
NET TRADE (2023)-$788M

In 2023, Italy exported $567M in Chemical Analysis Instruments. The main destinations of Italy exports on Chemical Analysis Instruments were United States ($65.2M), France ($56.3M), Germany ($50.6M), Spain ($36.9M), and China ($28.3M).

In 2023, Italy imported $1.36B in Chemical Analysis Instruments, mainly from Germany ($458M), United States ($199M), Netherlands ($161M), France ($87.7M), and Czechia ($60.2M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Chemical Analysis Instruments EXPORT MARKETS FOR Italy WERE (2022 - 2023):
France$8.87M (18.7%)
Germany$8.31M (19.6%)
China$5.7M (25.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Chemical Analysis Instruments BY Italy WERE (2022 - 2023):
Russia-$9.43M (-59.9%)
Japan-$7.21M (-66.8%)
Netherlands-$6.49M (-40.2%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Italy's main exporting competitors in Chemical Analysis Instruments were:
In 2023, Italy's main importing competitors in Chemical Analysis Instruments were:

Explore Visualizations

Trade Value of Chemical Analysis Instruments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $40.9M
TOP IMPORT POTENTIALUnited States+ $45M

Chemical Analysis Instruments’s highest export potential is United States. With an export gap of $40.9M.   Chemical Analysis Instruments’s highest import potential is United States with an import gap of $45M.

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