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2022
Exports $659MWorld Rnk 10 / 216
Flag Rnk 203 / 1217
2022
Destination $5.12M Germany
2021 - 2022
FASTEST GROWING MARKET $5.12MTurkey
2022
PRODUCT COMPLEXITY IN Gas and Liquid Flow Measuring Instruments1.18Rnk 107 / 1025
2022
Imports $744MWorld Rnk 8 / 225
Flag Rnk 178 / 1215
2022
Origin $6.38M Germany
2021 - 2022
FASTEST GROWING ORIGIN $6.38MSwitzerland
2022
ECONOMIC COMPLEXITY of Italy1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $659M in Gas and Liquid Flow Measuring Instruments, making it the 10th largest exporter of Gas and Liquid Flow Measuring Instruments in the world. At the same year, Gas and Liquid Flow Measuring Instruments was the 203rd most exported product in Italy. The main destination of Gas and Liquid Flow Measuring Instruments exports from Italy are: Germany ($84.4M), United States ($45M), France ($39.4M), China ($36.7M), and Spain ($27.9M).

The fastest growing export markets for Gas and Liquid Flow Measuring Instruments of Italy between 2021 and 2022 were Turkey ($5.12M), Libya ($4.7M), and United States ($3.3M).

Imports In 2022, Italy imported $744M in Gas and Liquid Flow Measuring Instruments, becoming the 8th largest importer of Gas and Liquid Flow Measuring Instruments in the world. At the same year, Gas and Liquid Flow Measuring Instruments was the 178th most imported product in Italy. Italy imports Gas and Liquid Flow Measuring Instruments primarily from: Germany ($307M), France ($63.6M), United States ($51.1M), China ($50.7M), and Switzerland ($48.6M).

The fastest growing import markets in Gas and Liquid Flow Measuring Instruments for Italy between 2021 and 2022 were Switzerland ($6.38M), Mexico ($852k), and Finland ($564k).

Latest Trends

August 2024

About

Overview In August 2024 Italy's Gas and Liquid Flow Measuring Instruments exports accounted up to €28.5M and imports accounted up to €42.1M, resulting in a negative trade balance of €13.6M. Between August 2023 and August 2024 the exports of Italy's   Gas and Liquid Flow Measuring Instruments have increased by €2.07M (7.82%) from €26.4M to €28.5M, while imports decreased by €-343k (-0.81%) from €42.5M to €42.1M.

Destinations In August 2024, Gas and Liquid Flow Measuring Instruments were exported mostly to Germany (€3.87M), Saudi Arabia (€2.89M), China (€2.56M), Indonesia (€2.25M), and Spain (€2.14M), and were imported mostly from Germany (€19.2M), France (€4.91M), United States (€4.09M), China (€3.24M), and United Kingdom (€2.5M).

Growth In August 2024, the increase in Gas and Liquid Flow Measuring Instruments's year-by-year exports was explained primarily by an increase in exports to Turkey (€2.04M or 281%), Saudi Arabia (€1.78M or 347%), and United States (€1.67M or 75%). In August 2024, the decrease in Gas and Liquid Flow Measuring Instruments's year-by-year imports was explained primarily by a decrease in imports from China (€-1.61M or -30.6%), Netherlands (€-965k or -21.5%), and Poland (€-348k or -18.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)€2.07M(7.82%)
IMPORT GROWTH (August 2023 - August 2024)€-343k(-0.81%)
MAIN DESTINATION (August 2024)Germany€3.87M

This section shows Gas and Liquid Flow Measuring Instruments'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 Gas and Liquid Flow Measuring Instruments over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$659M
IMPORTS (2022)$744M
NET TRADE (2022)-$84.7M

In 2022, Italy exported $659M in Gas and Liquid Flow Measuring Instruments. The main destinations of Italy exports on Gas and Liquid Flow Measuring Instruments were Germany ($84.4M), United States ($45M), France ($39.4M), China ($36.7M), and Spain ($27.9M).

In 2022, Italy imported $744M in Gas and Liquid Flow Measuring Instruments, mainly from Germany ($307M), France ($63.6M), United States ($51.1M), China ($50.7M), and Switzerland ($48.6M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Gas and Liquid Flow Measuring Instruments EXPORT MARKETS FOR Italy WERE (2021 - 2022):
Turkey$5.12M (37%)
Libya$4.7M (178%)
United States$3.3M (7.92%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Gas and Liquid Flow Measuring Instruments BY Italy WERE (2021 - 2022):
Russia-$8.98M (-68.7%)
Algeria-$3.61M (-56.5%)
Germany-$2.89M (-3.31%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Gas and Liquid Flow Measuring Instruments were:
Germany $4.81B
United States $3.92B
China $3.03B
In 2022, Italy's main importing competitors in Gas and Liquid Flow Measuring Instruments were:
United States $3.96B
China $2.45B
Germany $2.28B

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Trade Value of Gas and Liquid Flow Measuring Instruments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $29.3M
TOP IMPORT POTENTIALChina+ $25.7M

Gas and Liquid Flow Measuring Instruments’s highest export potential is United States. With an export gap of $29.3M.   Gas and Liquid Flow Measuring Instruments’s highest import potential is China with an import gap of $25.7M.

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