2023
Exports
$786MWorld Rnk 14 / 213
Flag Rnk 175 / 1216
2023
PRODUCT COMPLEXITY IN Electrical Lighting and Signalling Equipment
0.95Rnk 194 / 1025
2023
Imports
$674MWorld Rnk 13 / 221
Flag Rnk 192 / 1213
2023
ECONOMIC COMPLEXITY of Italy
1.29Rnk 18 / 132

About

Exports In 2023, Italy exported $786M in Electrical Lighting and Signalling Equipment, making it the 14th largest exporter of Electrical Lighting and Signalling Equipment in the world. At the same year, Electrical Lighting and Signalling Equipment was the 175th most exported product in Italy. The main destination of Electrical Lighting and Signalling Equipment exports from Italy are: Germany ($192M), Hungary ($86.2M), France ($76.7M), Poland ($67.9M), and Spain ($45.6M).

The fastest growing export markets for Electrical Lighting and Signalling Equipment of Italy between 2022 and 2023 were Germany ($23.1M), Poland ($22.3M), and Hungary ($17M).

Imports In 2023, Italy imported $674M in Electrical Lighting and Signalling Equipment, becoming the 13th largest importer of Electrical Lighting and Signalling Equipment in the world. At the same year, Electrical Lighting and Signalling Equipment was the 192nd most imported product in Italy. Italy imports Electrical Lighting and Signalling Equipment primarily from: Germany ($111M), Poland ($73.8M), Czechia ($71.5M), China ($51.4M), and Turkey ($47.8M).

The fastest growing import markets in Electrical Lighting and Signalling Equipment for Italy between 2022 and 2023 were Czechia ($21.8M), Turkey ($14.9M), and Romania ($11.4M).

COMPANIES In 2023, leading companies such as Marelli Automotive Lighting (19), John Deere (6), and ZF Friedrichshafen (5) were at the forefront of shipping Electrical Lighting and Signalling Equipment from Italy to the United States.

Latest Trends

October 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)€3.59M(5.64%)
IMPORT GROWTH (October 2023 - October 2024)€-8.44M(-14.1%)
MAIN DESTINATION (October 2024)Germany€22.1M

This section shows Electrical Lighting and Signalling Equipment'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 Electrical Lighting and Signalling Equipment over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$786M
IMPORTS (2023)$674M
NET TRADE (2023)$111M

In 2023, Italy exported $786M in Electrical Lighting and Signalling Equipment. The main destinations of Italy exports on Electrical Lighting and Signalling Equipment were Germany ($192M), Hungary ($86.2M), France ($76.7M), Poland ($67.9M), and Spain ($45.6M).

In 2023, Italy imported $674M in Electrical Lighting and Signalling Equipment, mainly from Germany ($111M), Poland ($73.8M), Czechia ($71.5M), China ($51.4M), and Turkey ($47.8M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Electrical Lighting and Signalling Equipment EXPORT MARKETS FOR Italy WERE (2022 - 2023):
Germany$23.1M (13.7%)
Poland$22.3M (49%)
Hungary$17M (24.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Lighting and Signalling Equipment BY Italy WERE (2022 - 2023):
China-$2.46M (-19.1%)
Mexico-$2.08M (-14.6%)
Chinese Taipei-$2.01M (-76.9%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Italy's main exporting competitors in Electrical Lighting and Signalling Equipment were:
China $4.94B
In 2023, Italy's main importing competitors in Electrical Lighting and Signalling Equipment were:

Explore Visualizations

Trade Value of Electrical Lighting and Signalling Equipment by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $31.9M
TOP IMPORT POTENTIALChina+ $35.3M

Electrical Lighting and Signalling Equipment’s highest export potential is United States. With an export gap of $31.9M.   Electrical Lighting and Signalling Equipment’s highest import potential is China with an import gap of $35.3M.

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