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2022
Exports $132MWorld Rnk 7 / 182
Flag Rnk 523 / 1217
2022
Destination $1.33M Germany
2021 - 2022
FASTEST GROWING MARKET $1.33MFrance
2022
PRODUCT COMPLEXITY IN Cutting Blades1.38Rnk 76 / 1025
2022
Imports $101MWorld Rnk 9 / 219
Flag Rnk 586 / 1215
2022
Origin $2.4M Germany
2021 - 2022
FASTEST GROWING ORIGIN $2.4MChina
2022
ECONOMIC COMPLEXITY of Italy1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $132M in Cutting Blades, making it the 7th largest exporter of Cutting Blades in the world. At the same year, Cutting Blades was the 523rd most exported product in Italy. The main destination of Cutting Blades exports from Italy are: Germany ($24M), United States ($11.9M), France ($7.72M), Spain ($5.69M), and Austria ($5.03M).

The fastest growing export markets for Cutting Blades of Italy between 2021 and 2022 were France ($1.33M), United Kingdom ($745k), and Mexico ($744k).

Imports In 2022, Italy imported $101M in Cutting Blades, becoming the 9th largest importer of Cutting Blades in the world. At the same year, Cutting Blades was the 586th most imported product in Italy. Italy imports Cutting Blades primarily from: Germany ($33.5M), Austria ($11.5M), China ($11.2M), France ($9.14M), and United States ($3.08M).

The fastest growing import markets in Cutting Blades for Italy between 2021 and 2022 were China ($2.4M), United States ($1.11M), and Serbia ($837k).

Latest Trends

August 2024

About

Overview In August 2024 Italy's Cutting Blades exports accounted up to €5.88M and imports accounted up to €4.71M, resulting in a positive trade balance of €1.18M. Between August 2023 and August 2024 the exports of Italy's   Cutting Blades have decreased by €-934k (-13.7%) from €6.82M to €5.88M, while imports decreased by €-931k (-16.5%) from €5.64M to €4.71M.

Destinations In August 2024, Cutting Blades were exported mostly to United States (€2.43M), Germany (€1.39M), Poland (€284k), Brazil (€204k), and France (€197k), and were imported mostly from Germany (€1.82M), United States (€1.21M), China (€745k), Austria (€440k), and France (€183k).

Growth In August 2024, the decrease in Cutting Blades's year-by-year exports was explained primarily by a decrease in exports to United Kingdom (€-96.4k or -29%), Czechia (€-59.5k or -44.9%), and Turkey (€-47.7k or -30.7%). In August 2024, the decrease in Cutting Blades's year-by-year imports was explained primarily by a decrease in imports from Netherlands (€-192k or -58.2%), Belgium (€-39.4k or -23.6%), and Romania (€-27k or -45.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)€-934k(-13.7%)
IMPORT GROWTH (August 2023 - August 2024)€-931k(-16.5%)
MAIN DESTINATION (August 2024)United States€2.43M

This section shows Cutting Blades'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 Cutting Blades over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$132M
IMPORTS (2022)$101M
NET TRADE (2022)$31M

In 2022, Italy exported $132M in Cutting Blades. The main destinations of Italy exports on Cutting Blades were Germany ($24M), United States ($11.9M), France ($7.72M), Spain ($5.69M), and Austria ($5.03M).

In 2022, Italy imported $101M in Cutting Blades, mainly from Germany ($33.5M), Austria ($11.5M), China ($11.2M), France ($9.14M), and United States ($3.08M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cutting Blades EXPORT MARKETS FOR Italy WERE (2021 - 2022):
France$1.33M (20.8%)
United Kingdom$745k (34.9%)
Mexico$744k (35.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cutting Blades BY Italy WERE (2021 - 2022):
Hungary-$1.39M (-62.1%)
Brazil-$655k (-31.6%)
Japan-$635k (-41.3%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Cutting Blades were:
Germany $695M
China $604M
United States $343M
In 2022, Italy's main importing competitors in Cutting Blades were:
United States $489M
Germany $342M
China $169M

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Trade Value of Cutting Blades by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $5.21M
TOP IMPORT POTENTIALChina+ $4.25M

Cutting Blades’s highest export potential is United States. With an export gap of $5.21M.   Cutting Blades’s highest import potential is China with an import gap of $4.25M.

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