2022
Exports
$4.7BWorld Rnk 6 / 222
Flag Rnk 19 / 1217
2022
PRODUCT COMPLEXITY IN Insulated Wire
-0.59Rnk 723 / 1025
2022
Imports
$3.01BWorld Rnk 15 / 225
Flag Rnk 30 / 1215
2022
ECONOMIC COMPLEXITY of Italy
1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $4.7B in Insulated Wire, making it the 6th largest exporter of Insulated Wire in the world. At the same year, Insulated Wire was the 19th most exported product in Italy. The main destination of Insulated Wire exports from Italy are: Germany ($1.22B), France ($522M), Switzerland ($225M), Poland ($192M), and Belgium ($190M).

The fastest growing export markets for Insulated Wire of Italy between 2021 and 2022 were Denmark ($93.8M), Netherlands ($44.7M), and Germany ($40M).

Imports In 2022, Italy imported $3.01B in Insulated Wire, becoming the 15th largest importer of Insulated Wire in the world. At the same year, Insulated Wire was the 30th most imported product in Italy. Italy imports Insulated Wire primarily from: Germany ($393M), Morocco ($358M), Tunisia ($318M), China ($293M), and Spain ($192M).

The fastest growing import markets in Insulated Wire for Italy between 2021 and 2022 were France ($37.3M), Germany ($27.6M), and United Arab Emirates ($21.2M).

COMPANIES In 2023, leading companies such as ABB Motors and Mechanical (1) were at the forefront of shipping Insulated Wire from Italy to the United States.

Latest Trends

July 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)€84.4M(22%)
IMPORT GROWTH (July 2023 - July 2024)€25.5M(11.8%)
MAIN DESTINATION (July 2024)Germany€104M

This section shows Insulated Wire'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 Insulated Wire over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$4.7B
IMPORTS (2022)$3.01B
NET TRADE (2022)$1.69B

In 2022, Italy exported $4.7B in Insulated Wire. The main destinations of Italy exports on Insulated Wire were Germany ($1.22B), France ($522M), Switzerland ($225M), Poland ($192M), and Belgium ($190M).

In 2022, Italy imported $3.01B in Insulated Wire, mainly from Germany ($393M), Morocco ($358M), Tunisia ($318M), China ($293M), and Spain ($192M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Insulated Wire EXPORT MARKETS FOR Italy WERE (2021 - 2022):
Denmark$93.8M (251%)
Netherlands$44.7M (37.3%)
Germany$40M (3.39%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Insulated Wire BY Italy WERE (2021 - 2022):
United Kingdom-$110M (-37.6%)
France-$84.5M (-13.9%)
Belgium-$24M (-11.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Insulated Wire were:
In 2022, Italy's main importing competitors in Insulated Wire were:

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Trade Value of Insulated Wire by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $183M
TOP IMPORT POTENTIALChina+ $179M

Insulated Wire’s highest export potential is France. With an export gap of $183M.   Insulated Wire’s highest import potential is China with an import gap of $179M.

See methodology.

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