Gas and Liquid Flow Measuring Instruments in Italy | The Observatory of Economic Complexity

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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

February 2024

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Overview In February 2024 Italy's Gas and Liquid Flow Measuring Instruments exports accounted up to €46.5M and imports accounted up to €54.3M, resulting in a negative trade balance of €7.81M. Between February 2023 and February 2024 the exports of Italy's Gas and Liquid Flow Measuring Instruments have increased by €8.09M (21.1%) from €38.4M to €46.5M, while imports decreased by €-2.59M (-4.56%) from €56.9M to €54.3M.

Destinations In February 2024, Gas and Liquid Flow Measuring Instruments were exported mostly to Germany (€6.09M), France (€4.32M), Spain (€3.38M), United States (€3.37M), and China (€3.29M), and were imported mostly from Germany (€25.1M), France (€5.25M), United States (€4.47M), China (€3.91M), and Netherlands (€2.31M).

Growth In February 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 February 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

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)€8.09M(21.1%)

IMPORT GROWTH (February 2023 - February 2024)€-2.59M(-4.56%)

MAIN DESTINATION (February 2024)Germany€6.09M

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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