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2022
Exports $365MWorld Rnk 7 / 108
Flag Rnk 296 / 1217
2022
Destination $51.9M China
2021 - 2022
FASTEST GROWING MARKET $51.9MChina
2022
PRODUCT COMPLEXITY IN Glass Working Machines1.35Rnk 82 / 1025
2022
Imports $137MWorld Rnk 13 / 182
Flag Rnk 520 / 1215
2022
Origin $16.4M Belgium
2021 - 2022
FASTEST GROWING ORIGIN $16.4MMalaysia
2022
ECONOMIC COMPLEXITY of Italy1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $365M in Glass Working Machines, making it the 7th largest exporter of Glass Working Machines in the world. At the same year, Glass Working Machines was the 296th most exported product in Italy. The main destination of Glass Working Machines exports from Italy are: China ($79.2M), Mexico ($50.5M), India ($26.2M), Germany ($19.4M), and France ($16.8M).

The fastest growing export markets for Glass Working Machines of Italy between 2021 and 2022 were China ($51.9M), Mexico ($21.1M), and Qatar ($9.47M).

Imports In 2022, Italy imported $137M in Glass Working Machines, becoming the 13th largest importer of Glass Working Machines in the world. At the same year, Glass Working Machines was the 520th most imported product in Italy. Italy imports Glass Working Machines primarily from: Belgium ($56M), Malaysia ($16.7M), Sweden ($16.7M), United Kingdom ($5.34M), and Finland ($5.06M).

The fastest growing import markets in Glass Working Machines for Italy between 2021 and 2022 were Malaysia ($16.4M), Sweden ($12.5M), and United Kingdom ($2.65M).

COMPANIES In 2023, leading companies such as Goodyear Tire and Rubber (3) and Soho Studio (2) were at the forefront of shipping Glass Working Machines from Italy to the United States.

Latest Trends

September 2024

About

Overview In September 2024 Italy's Glass Working Machines exports accounted up to €39.8M and imports accounted up to €7.69M, resulting in a positive trade balance of €32.1M. Between September 2023 and September 2024 the exports of Italy's   Glass Working Machines have increased by €8.89M (28.8%) from €30.9M to €39.8M, while imports increased by €4.45M (138%) from €3.24M to €7.69M.

Destinations In September 2024, Glass Working Machines were exported mostly to United States (€12M), Turkey (€7.05M), China (€4.52M), Poland (€2.64M), and Belgium (€2.2M), and were imported mostly from Belgium (€1.9M), Chinese Taipei (€1.5M), Poland (€1.09M), United Kingdom (€1.03M), and Spain (€380k).

Growth In September 2024, the increase in Glass Working Machines's year-by-year exports was explained primarily by an increase in exports to Mexico (€8.65M or 3.88k%), Switzerland (€1.83M or 12.4k%), and Turkey (€1.38M or 6.22k%). In September 2024, the increase in Glass Working Machines's year-by-year imports was explained primarily by an increase in imports from Sweden (€3.62M or 250%), Belgium (€1.36M or 36.8%), and France (€737k or 732%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)€8.89M(28.8%)
IMPORT GROWTH (September 2023 - September 2024)€4.45M(138%)
MAIN DESTINATION (September 2024)United States€12M

This section shows Glass Working Machines'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 Glass Working Machines over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$365M
IMPORTS (2022)$137M
NET TRADE (2022)$228M

In 2022, Italy exported $365M in Glass Working Machines. The main destinations of Italy exports on Glass Working Machines were China ($79.2M), Mexico ($50.5M), India ($26.2M), Germany ($19.4M), and France ($16.8M).

In 2022, Italy imported $137M in Glass Working Machines, mainly from Belgium ($56M), Malaysia ($16.7M), Sweden ($16.7M), United Kingdom ($5.34M), and Finland ($5.06M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Glass Working Machines EXPORT MARKETS FOR Italy WERE (2021 - 2022):
China$51.9M (190%)
Mexico$21.1M (71.4%)
Qatar$9.47M (7.96k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Glass Working Machines BY Italy WERE (2021 - 2022):
Thailand-$23.2M (-92.2%)
United States-$16.8M (-58.2%)
Hungary-$8.19M (-56.5%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Glass Working Machines were:
Singapore $1.21B
Germany $879M
Japan $691M
In 2022, Italy's main importing competitors in Glass Working Machines were:
United States $788M
Belgium $687M
Chinese Taipei $567M

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Trade Value of Glass Working Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $6.27M
TOP IMPORT POTENTIALGermany+ $3.62M

Glass Working Machines’s highest export potential is United States. With an export gap of $6.27M.   Glass Working Machines’s highest import potential is Germany with an import gap of $3.62M.

See methodology.

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