2022
Exports
$1.34BWorld Rnk 4 / 186
Flag Rnk 119 / 1217
2022
PRODUCT COMPLEXITY IN Electric Motor Parts
0.66Rnk 292 / 1025
2022
Imports
$921MWorld Rnk 6 / 219
Flag Rnk 145 / 1215
2022
ECONOMIC COMPLEXITY of Italy
1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $1.34B in Electric Motor Parts, making it the 4th largest exporter of Electric Motor Parts in the world. At the same year, Electric Motor Parts was the 119th most exported product in Italy. The main destination of Electric Motor Parts exports from Italy are: Germany ($416M), Poland ($138M), France ($129M), Czechia ($52M), and Spain ($50M).

The fastest growing export markets for Electric Motor Parts of Italy between 2021 and 2022 were Germany ($82.6M), Poland ($48.5M), and Egypt ($38.8M).

Imports In 2022, Italy imported $921M in Electric Motor Parts, becoming the 6th largest importer of Electric Motor Parts in the world. At the same year, Electric Motor Parts was the 145th most imported product in Italy. Italy imports Electric Motor Parts primarily from: China ($293M), Spain ($70.4M), Germany ($65M), Hungary ($50M), and Finland ($46.9M).

The fastest growing import markets in Electric Motor Parts for Italy between 2021 and 2022 were China ($57.1M), Spain ($55.6M), and Finland ($27.7M).

COMPANIES In 2023, leading companies such as Robert Bosch (7) were at the forefront of shipping Electric Motor Parts from Italy to the United States.

Latest Trends

September 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)€-7.63M(-9.45%)
IMPORT GROWTH (September 2023 - September 2024)€-16.8M(-24.1%)
MAIN DESTINATION (September 2024)Germany€27.8M

This section shows Electric Motor Parts'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 Motor Parts over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.34B
IMPORTS (2022)$921M
NET TRADE (2022)$422M

In 2022, Italy exported $1.34B in Electric Motor Parts. The main destinations of Italy exports on Electric Motor Parts were Germany ($416M), Poland ($138M), France ($129M), Czechia ($52M), and Spain ($50M).

In 2022, Italy imported $921M in Electric Motor Parts, mainly from China ($293M), Spain ($70.4M), Germany ($65M), Hungary ($50M), and Finland ($46.9M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electric Motor Parts EXPORT MARKETS FOR Italy WERE (2021 - 2022):
Germany$82.6M (24.8%)
Poland$48.5M (54.4%)
Egypt$38.8M (7.09k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Motor Parts BY Italy WERE (2021 - 2022):
Greece-$21.2M (-94.4%)
Portugal-$10.7M (-73.7%)
China-$9.52M (-34.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Electric Motor Parts were:
China $6.95B
Germany $2.21B
Japan $1.62B
In 2022, Italy's main importing competitors in Electric Motor Parts were:

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Trade Value of Electric Motor Parts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $48.9M
TOP IMPORT POTENTIALChina+ $33.6M

Electric Motor Parts’s highest export potential is France. With an export gap of $48.9M.   Electric Motor Parts’s highest import potential is China with an import gap of $33.6M.

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