2022
Exports
$232MWorld Rnk 8 / 207
Flag Rnk 394 / 1217
2022
PRODUCT COMPLEXITY IN Iron Springs
0.94Rnk 195 / 1025
2022
Imports
$171MWorld Rnk 11 / 218
Flag Rnk 463 / 1215
2022
ECONOMIC COMPLEXITY of Italy
1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $232M in Iron Springs, making it the 8th largest exporter of Iron Springs in the world. At the same year, Iron Springs was the 394th most exported product in Italy. The main destination of Iron Springs exports from Italy are: Germany ($41.1M), France ($29.2M), Poland ($16.7M), Spain ($11.2M), and China ($10.5M).

The fastest growing export markets for Iron Springs of Italy between 2021 and 2022 were Spain ($1.56M), India ($1.25M), and Canada ($1.07M).

Imports In 2022, Italy imported $171M in Iron Springs, becoming the 11th largest importer of Iron Springs in the world. At the same year, Iron Springs was the 463rd most imported product in Italy. Italy imports Iron Springs primarily from: Germany ($56.2M), Tunisia ($30.5M), China ($9.56M), France ($9.43M), and United Kingdom ($8.14M).

The fastest growing import markets in Iron Springs for Italy between 2021 and 2022 were China ($1.22M), Malta ($1.08M), and Belgium ($491k).

COMPANIES In 2023, leading companies such as ABB Motors and Mechanical (2) were at the forefront of shipping Iron Springs from Italy to the United States.

Latest Trends

March 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2023 - March 2024)€-1.63M(-7.58%)
IMPORT GROWTH (March 2023 - March 2024)€1.05M(8.01%)
MAIN DESTINATION (March 2024)Germany€3.49M

This section shows Iron Springs'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 Iron Springs over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$232M
IMPORTS (2022)$171M
NET TRADE (2022)$60.6M

In 2022, Italy exported $232M in Iron Springs. The main destinations of Italy exports on Iron Springs were Germany ($41.1M), France ($29.2M), Poland ($16.7M), Spain ($11.2M), and China ($10.5M).

In 2022, Italy imported $171M in Iron Springs, mainly from Germany ($56.2M), Tunisia ($30.5M), China ($9.56M), France ($9.43M), and United Kingdom ($8.14M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Springs EXPORT MARKETS FOR Italy WERE (2021 - 2022):
Spain$1.56M (16.1%)
India$1.25M (38.4%)
Canada$1.07M (48.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Springs BY Italy WERE (2021 - 2022):
Romania-$2.84M (-21.5%)
Poland-$2.17M (-11.5%)
Russia-$1.73M (-67.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Iron Springs by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $9.09M
TOP IMPORT POTENTIALChina+ $6.35M

Iron Springs’s highest export potential is United States. With an export gap of $9.09M.   Iron Springs’s highest import potential is China with an import gap of $6.35M.

See methodology.

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