Sign In
Pricing

2022
Exports $319MWorld Rnk 3 / 156
Flag Rnk 323 / 1217
2022
Destination $16.1M United States
2021 - 2022
FASTEST GROWING MARKET $16.1MUnited States
2022
PRODUCT COMPLEXITY IN Drilling Machines1.13Rnk 123 / 1025
2022
Imports $140MWorld Rnk 4 / 210
Flag Rnk 514 / 1215
2022
Origin $23.1M Spain
2021 - 2022
FASTEST GROWING ORIGIN $23.1MSpain
2022
ECONOMIC COMPLEXITY of Italy1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $319M in Drilling Machines, making it the 3rd largest exporter of Drilling Machines in the world. At the same year, Drilling Machines was the 323rd most exported product in Italy. The main destination of Drilling Machines exports from Italy are: United States ($68.4M), China ($35.9M), Germany ($28.2M), Canada ($24.6M), and France ($17.2M).

The fastest growing export markets for Drilling Machines of Italy between 2021 and 2022 were United States ($16.1M), Canada ($10.3M), and Indonesia ($10.1M).

Imports In 2022, Italy imported $140M in Drilling Machines, becoming the 4th largest importer of Drilling Machines in the world. At the same year, Drilling Machines was the 514th most imported product in Italy. Italy imports Drilling Machines primarily from: Spain ($60.2M), Germany ($29.4M), Chinese Taipei ($13.5M), China ($8.85M), and Switzerland ($5.22M).

The fastest growing import markets in Drilling Machines for Italy between 2021 and 2022 were Spain ($23.1M), Germany ($8.79M), and Chinese Taipei ($5.62M).

COMPANIES In 2023, leading companies such as CNH Industrial (2) and Stihl (1) were at the forefront of shipping Drilling Machines from Italy to the United States.

Latest Trends

August 2024

About

Overview In August 2024 Italy's Drilling Machines exports accounted up to €13.3M and imports accounted up to €1.48M, resulting in a positive trade balance of €11.8M. Between August 2023 and August 2024 the exports of Italy's   Drilling Machines have decreased by €-18.2M (-57.8%) from €31.4M to €13.3M, while imports decreased by €-2.69M (-64.6%) from €4.17M to €1.48M.

Destinations In August 2024, Drilling Machines were exported mostly to United States (€4.79M), Finland (€1.41M), China (€1.16M), Australia (€1.07M), and Brazil (€812k), and were imported mostly from Germany (€729k), China (€394k), Chinese Taipei (€245k), Belgium (€97.6k), and South Korea (€4.9k).

Growth In August 2024, the decrease in Drilling Machines's year-by-year exports was explained primarily by a decrease in exports to Mexico (€-347k or -74%), Poland (€-322k or -67.3%), and Austria (€-57.6k or -45%). In August 2024, the decrease in Drilling Machines's year-by-year imports was explained primarily by a decrease in imports from Spain (€-1.65M or -61.4%), Chinese Taipei (€-783k or -62.5%), and China (€-489k or -60.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)€-18.2M(-57.8%)
IMPORT GROWTH (August 2023 - August 2024)€-2.69M(-64.6%)
MAIN DESTINATION (August 2024)United States€4.79M

This section shows Drilling Machines'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 Drilling Machines over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$319M
IMPORTS (2022)$140M
NET TRADE (2022)$180M

In 2022, Italy exported $319M in Drilling Machines. The main destinations of Italy exports on Drilling Machines were United States ($68.4M), China ($35.9M), Germany ($28.2M), Canada ($24.6M), and France ($17.2M).

In 2022, Italy imported $140M in Drilling Machines, mainly from Spain ($60.2M), Germany ($29.4M), Chinese Taipei ($13.5M), China ($8.85M), and Switzerland ($5.22M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Drilling Machines EXPORT MARKETS FOR Italy WERE (2021 - 2022):
United States$16.1M (30.8%)
Canada$10.3M (71.5%)
Indonesia$10.1M (5.07k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Drilling Machines BY Italy WERE (2021 - 2022):
Turkey-$25.3M (-73.2%)
China-$21.1M (-37%)
Austria-$6.27M (-77.4%)
Explore Visualizations

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Drilling Machines were:
Germany $530M
China $481M
In 2022, Italy's main importing competitors in Drilling Machines were:
China $323M
United States $317M
Germany $221M

Explore Visualizations

Trade Value of Drilling Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $4.89M
TOP IMPORT POTENTIALChina+ $4.26M

Drilling Machines’s highest export potential is France. With an export gap of $4.89M.   Drilling Machines’s highest import potential is China with an import gap of $4.26M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms