2022
Exports
$1.15BWorld Rnk 2 / 195
Flag Rnk 134 / 1217
2022
PRODUCT COMPLEXITY IN Iron Stovetops
0.23Rnk 479 / 1025
2022
Imports
$360MWorld Rnk 8 / 221
Flag Rnk 306 / 1215
2022
ECONOMIC COMPLEXITY of Italy
1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $1.15B in Iron Stovetops, making it the 2nd largest exporter of Iron Stovetops in the world. At the same year, Iron Stovetops was the 134th most exported product in Italy. The main destination of Iron Stovetops exports from Italy are: France ($374M), United States ($72.9M), Saudi Arabia ($69M), Germany ($63M), and Belgium ($58.1M).

The fastest growing export markets for Iron Stovetops of Italy between 2021 and 2022 were France ($45.9M), Belgium ($33.8M), and Germany ($16.7M).

Imports In 2022, Italy imported $360M in Iron Stovetops, becoming the 8th largest importer of Iron Stovetops in the world. At the same year, Iron Stovetops was the 306th most imported product in Italy. Italy imports Iron Stovetops primarily from: China ($90.4M), Croatia ($44.2M), Turkey ($37.4M), Poland ($26.7M), and France ($24.4M).

The fastest growing import markets in Iron Stovetops for Italy between 2021 and 2022 were Croatia ($11M), Japan ($3.34M), and Hungary ($2.73M).

COMPANIES In 2023, leading companies such as Electrolux (31), IKEA Group (1), and LG Electronics (1) were at the forefront of shipping Iron Stovetops from Italy to the United States.

Latest Trends

March 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2023 - March 2024)€-21.2M(-28%)
IMPORT GROWTH (March 2023 - March 2024)€-7.62M(-30.2%)
MAIN DESTINATION (March 2024)France€13.5M

This section shows Iron Stovetops'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 Stovetops over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.15B
IMPORTS (2022)$360M
NET TRADE (2022)$795M

In 2022, Italy exported $1.15B in Iron Stovetops. The main destinations of Italy exports on Iron Stovetops were France ($374M), United States ($72.9M), Saudi Arabia ($69M), Germany ($63M), and Belgium ($58.1M).

In 2022, Italy imported $360M in Iron Stovetops, mainly from China ($90.4M), Croatia ($44.2M), Turkey ($37.4M), Poland ($26.7M), and France ($24.4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Stovetops EXPORT MARKETS FOR Italy WERE (2021 - 2022):
France$45.9M (14%)
Belgium$33.8M (139%)
Germany$16.7M (36.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Stovetops BY Italy WERE (2021 - 2022):
Russia-$14.1M (-79.9%)
Thailand-$12.5M (-57.3%)
Chile-$9.03M (-51.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Iron Stovetops were:
China $6.52B
In 2022, Italy's main importing competitors in Iron Stovetops were:

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Trade Value of Iron Stovetops by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $43.8M
TOP IMPORT POTENTIALChina+ $31.7M

Iron Stovetops’s highest export potential is United States. With an export gap of $43.8M.   Iron Stovetops’s highest import potential is China with an import gap of $31.7M.

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