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Pricing

2023
Exports $116MWorld Rnk 6 / 89
Flag Rnk 538 / 1216
2023
Destination $12.1M United States
2022 - 2023
FASTEST GROWING MARKET $12.1MMorocco
2023
PRODUCT COMPLEXITY IN Handguns0.6Rnk 330 / 1025
2023
Imports $5.7MWorld Rnk 23 / 162
Flag Rnk 1083 / 1213
2023
Origin $187k Austria
2022 - 2023
FASTEST GROWING ORIGIN $187kTurkey
2023
ECONOMIC COMPLEXITY of Italy1.29Rnk 18 / 132

About

Exports In 2023, Italy exported $116M in Handguns, making it the 6th largest exporter of Handguns in the world. At the same year, Handguns was the 538th most exported product in Italy. The main destination of Handguns exports from Italy are: United States ($50.9M), Qatar ($19.5M), Brazil ($12.8M), Morocco ($12.7M), and South Africa ($1.79M).

The fastest growing export markets for Handguns of Italy between 2022 and 2023 were Morocco ($12.1M), Qatar ($6.1M), and United States ($4.72M).

Imports In 2023, Italy imported $5.7M in Handguns, becoming the 23rd largest importer of Handguns in the world. At the same year, Handguns was the 1083rd most imported product in Italy. Italy imports Handguns primarily from: Austria ($2.33M), United States ($1.62M), Czechia ($583k), Germany ($467k), and Turkey ($354k).

The fastest growing import markets in Handguns for Italy between 2022 and 2023 were Turkey ($187k), Philippines ($52.8k), and France ($7.83k).

Latest Trends

October 2024

About

Overview In October 2024 Italy's Handguns exports accounted up to €5.36M and imports accounted up to €353k, resulting in a positive trade balance of €5.01M. Between October 2023 and October 2024 the exports of Italy's   Handguns have decreased by €-1.26M (-19%) from €6.62M to €5.36M, while imports increased by €82.3k (30.5%) from €270k to €353k.

Destinations In October 2024, Handguns were exported mostly to United States (€2.85M), Guatemala (€1.66M), Switzerland (€396k), Poland (€107k), and Netherlands (€93.9k), and were imported mostly from Austria (€200k) and Germany (€22.9k).

Growth In October 2024, the decrease in Handguns's year-by-year exports was explained primarily by a decrease in exports to France (€-248k or -82.2%), Switzerland (€-160k or -87.9%), and Germany (€-134k or -70%). In October 2024, the increase in Handguns's year-by-year imports was explained primarily by an increase in imports from Austria (€104k or 331%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)€-1.26M(-19%)
IMPORT GROWTH (October 2023 - October 2024)€82.3k(30.5%)
MAIN DESTINATION (October 2024)United States€2.85M

This section shows Handguns'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 Handguns over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$116M
IMPORTS (2023)$5.7M
NET TRADE (2023)$110M

In 2023, Italy exported $116M in Handguns. The main destinations of Italy exports on Handguns were United States ($50.9M), Qatar ($19.5M), Brazil ($12.8M), Morocco ($12.7M), and South Africa ($1.79M).

In 2023, Italy imported $5.7M in Handguns, mainly from Austria ($2.33M), United States ($1.62M), Czechia ($583k), Germany ($467k), and Turkey ($354k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Handguns EXPORT MARKETS FOR Italy WERE (2022 - 2023):
Morocco$12.1M (2.03k%)
Qatar$6.1M (45.5%)
United States$4.72M (10.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Handguns BY Italy WERE (2022 - 2023):
Brazil-$29.4M (-69.7%)
Canada-$1.05M (-73.5%)
France-$560k (-35.4%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Italy's main exporting competitors in Handguns were:
Austria $376M
Brazil $168M
United States $148M
In 2023, Italy's main importing competitors in Handguns were:
United States $921M
Brazil $48.6M
Israel $38.8M

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Trade Value of Handguns by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.26M
TOP IMPORT POTENTIALAustria+ $1.68M

Handguns’s highest export potential is United States. With an export gap of $2.26M.   Handguns’s highest import potential is Austria with an import gap of $1.68M.

See methodology.

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