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2023
Exports $2.5BWorld Rnk 4 / 178
Flag Rnk 56 / 1216
2023
Destination $175M United States
2022 - 2023
FASTEST GROWING MARKET $175MUnited States
2023
PRODUCT COMPLEXITY IN Fork-Lifts1.51Rnk 42 / 1025
2023
Imports $1.22BWorld Rnk 7 / 220
Flag Rnk 109 / 1213
2023
Origin $81.8M Germany
2022 - 2023
FASTEST GROWING ORIGIN $81.8MGermany
2023
ECONOMIC COMPLEXITY of Italy1.29Rnk 18 / 132

About

Exports In 2023, Italy exported $2.5B in Fork-Lifts, making it the 4th largest exporter of Fork-Lifts in the world. At the same year, Fork-Lifts was the 56th most exported product in Italy. The main destination of Fork-Lifts exports from Italy are: United States ($555M), Germany ($366M), France ($270M), United Kingdom ($153M), and Belgium ($126M).

The fastest growing export markets for Fork-Lifts of Italy between 2022 and 2023 were United States ($175M), France ($96.3M), and Germany ($87.3M).

Imports In 2023, Italy imported $1.22B in Fork-Lifts, becoming the 7th largest importer of Fork-Lifts in the world. At the same year, Fork-Lifts was the 109th most imported product in Italy. Italy imports Fork-Lifts primarily from: Germany ($587M), France ($147M), Sweden ($102M), United Kingdom ($98.9M), and China ($87M).

The fastest growing import markets in Fork-Lifts for Italy between 2022 and 2023 were Germany ($81.8M), United Kingdom ($56.6M), and France ($44.8M).

Latest Trends

November 2024

About

Overview In November 2024 Italy's Fork-Lifts exports accounted up to €136M and imports accounted up to €108M, resulting in a positive trade balance of €28.6M. Between October 2023 and November 2024 the exports of Italy's   Fork-Lifts have decreased by €-103M (-43.1%) from €239M to €136M, while imports increased by €798k (0.75%) from €107M to €108M.

Destinations In November 2024, Fork-Lifts were exported mostly to United States (€40.1M), Germany (€18.5M), France (€16.5M), Spain (€7.16M), and United Kingdom (€6.26M), and were imported mostly from Germany (€52.6M), France (€15.9M), Sweden (€12.1M), Netherlands (€6M), and United Kingdom (€5.62M).

Growth In November 2024, the decrease in Fork-Lifts's year-by-year exports was explained primarily by a decrease in exports to Russia (€-2.16M or -75.6%), Ireland (€-1.26M or -79.4%), and Egypt (€-244k or -82.8%). In November 2024, the increase in Fork-Lifts's year-by-year imports was explained primarily by an increase in imports from Germany (€4.13M or 13.3%), France (€3.52M or 55.5%), and United Kingdom (€3.51M or 116%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - November 2024)€-103M(-43.1%)
IMPORT GROWTH (October 2023 - November 2024)€798k(0.75%)
MAIN DESTINATION (November 2024)United States€40.1M

This section shows Fork-Lifts'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 Fork-Lifts over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$2.5B
IMPORTS (2023)$1.22B
NET TRADE (2023)$1.28B

In 2023, Italy exported $2.5B in Fork-Lifts. The main destinations of Italy exports on Fork-Lifts were United States ($555M), Germany ($366M), France ($270M), United Kingdom ($153M), and Belgium ($126M).

In 2023, Italy imported $1.22B in Fork-Lifts, mainly from Germany ($587M), France ($147M), Sweden ($102M), United Kingdom ($98.9M), and China ($87M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Fork-Lifts EXPORT MARKETS FOR Italy WERE (2022 - 2023):
United States$175M (46%)
France$96.3M (55.4%)
Germany$87.3M (31.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Fork-Lifts BY Italy WERE (2022 - 2023):
Russia-$13.5M (-61.7%)
New Zealand-$4.66M (-30.2%)
Israel-$4.35M (-28.1%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Italy's main exporting competitors in Fork-Lifts were:
China $6.47B
Germany $4.8B
United Kingdom $2.53B
In 2023, Italy's main importing competitors in Fork-Lifts were:
United States $6.97B
Canada $1.71B
France $1.63B

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Trade Value of Fork-Lifts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $39.1M
TOP IMPORT POTENTIALChina+ $46.9M

Fork-Lifts’s highest export potential is United States. With an export gap of $39.1M.   Fork-Lifts’s highest import potential is China with an import gap of $46.9M.

See methodology.

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