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2022
Exports $1.01BWorld Rnk 18 / 209
Flag Rnk 147 / 1217
2022
Destination $16.5M France
2021 - 2022
FASTEST GROWING MARKET $16.5MGermany
2022
PRODUCT COMPLEXITY IN Electric Batteries1.02Rnk 164 / 1025
2022
Imports $3.6BWorld Rnk 8 / 225
Flag Rnk 23 / 1215
2022
Origin $564M China
2021 - 2022
FASTEST GROWING ORIGIN $564MChina
2022
ECONOMIC COMPLEXITY of Italy1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $1.01B in Electric Batteries, making it the 18th largest exporter of Electric Batteries in the world. At the same year, Electric Batteries was the 147th most exported product in Italy. The main destination of Electric Batteries exports from Italy are: France ($141M), Germany ($111M), Spain ($107M), Poland ($82.5M), and United Kingdom ($57.2M).

The fastest growing export markets for Electric Batteries of Italy between 2021 and 2022 were Germany ($16.5M), Turkey ($9.13M), and Austria ($8.64M).

Imports In 2022, Italy imported $3.6B in Electric Batteries, becoming the 8th largest importer of Electric Batteries in the world. At the same year, Electric Batteries was the 23rd most imported product in Italy. Italy imports Electric Batteries primarily from: China ($988M), Hungary ($595M), Germany ($585M), Poland ($290M), and Netherlands ($181M).

The fastest growing import markets in Electric Batteries for Italy between 2021 and 2022 were China ($564M), Germany ($230M), and Netherlands ($126M).

COMPANIES In 2023, leading companies such as Schindler Elevators (5) and IKEA Group (1) were at the forefront of shipping Electric Batteries from Italy to the United States.

Latest Trends

August 2024

About

Overview In August 2024 Italy's Electric Batteries exports accounted up to €56.9M and imports accounted up to €133M, resulting in a negative trade balance of €75.6M. Between August 2023 and August 2024 the exports of Italy's   Electric Batteries have decreased by €-6.84M (-10.7%) from €63.7M to €56.9M, while imports decreased by €-98.3M (-42.6%) from €231M to €133M.

Destinations In August 2024, Electric Batteries were exported mostly to Germany (€9.94M), France (€6.73M), Spain (€5.02M), United Kingdom (€3.94M), and Poland (€3.74M), and were imported mostly from China (€44M), Germany (€18.7M), Netherlands (€8.53M), France (€7.68M), and South Korea (€7.22M).

Growth In August 2024, the decrease in Electric Batteries's year-by-year exports was explained primarily by a decrease in exports to United Kingdom (€-1.58M or -29.6%), Russia (€-426k or -78.6%), and Chile (€-404k or -58.6%). In August 2024, the decrease in Electric Batteries's year-by-year imports was explained primarily by a decrease in imports from Chinese Taipei (€-2.07M or -58.4%), Austria (€-1.9M or -48%), and South Korea (€-1.14M or -12.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)€-6.84M(-10.7%)
IMPORT GROWTH (August 2023 - August 2024)€-98.3M(-42.6%)
MAIN DESTINATION (August 2024)Germany€9.94M

This section shows Electric Batteries'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 Electric Batteries over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.01B
IMPORTS (2022)$3.6B
NET TRADE (2022)-$2.58B

In 2022, Italy exported $1.01B in Electric Batteries. The main destinations of Italy exports on Electric Batteries were France ($141M), Germany ($111M), Spain ($107M), Poland ($82.5M), and United Kingdom ($57.2M).

In 2022, Italy imported $3.6B in Electric Batteries, mainly from China ($988M), Hungary ($595M), Germany ($585M), Poland ($290M), and Netherlands ($181M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electric Batteries EXPORT MARKETS FOR Italy WERE (2021 - 2022):
Germany$16.5M (17.5%)
Turkey$9.13M (64.2%)
Austria$8.64M (30.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Batteries BY Italy WERE (2021 - 2022):
Poland-$28.6M (-25.7%)
United Kingdom-$20.2M (-26.1%)
Spain-$12.1M (-10.1%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Electric Batteries were:
China $58.7B
South Korea $9.71B
Poland $9.55B
In 2022, Italy's main importing competitors in Electric Batteries were:
United States $23.2B
Germany $20.3B
South Korea $6.08B

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Trade Value of Electric Batteries by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $72.7M
TOP IMPORT POTENTIALChina+ $280M

Electric Batteries’s highest export potential is Germany. With an export gap of $72.7M.   Electric Batteries’s highest import potential is China with an import gap of $280M.

See methodology.

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