2022
Exports
$320MWorld Rnk 2 / 118
Flag Rnk 322 / 1217
2022
PRODUCT COMPLEXITY IN Leather Machinery
0.25Rnk 472 / 1025
2022
Imports
$27.9MWorld Rnk 10 / 183
Flag Rnk 853 / 1215
2022
ECONOMIC COMPLEXITY of Italy
1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $320M in Leather Machinery, making it the 2nd largest exporter of Leather Machinery in the world. At the same year, Leather Machinery was the 322nd most exported product in Italy. The main destination of Leather Machinery exports from Italy are: China ($38.6M), France ($25.5M), Spain ($16.1M), Turkey ($15M), and Mexico ($14.4M).

The fastest growing export markets for Leather Machinery of Italy between 2021 and 2022 were France ($4.98M), India ($4.39M), and Serbia ($3.44M).

Imports In 2022, Italy imported $27.9M in Leather Machinery, becoming the 10th largest importer of Leather Machinery in the world. At the same year, Leather Machinery was the 853rd most imported product in Italy. Italy imports Leather Machinery primarily from: China ($11.7M), Germany ($4.59M), France ($2.53M), Romania ($1.01M), and United Kingdom ($912k).

The fastest growing import markets in Leather Machinery for Italy between 2021 and 2022 were Germany ($962k), France ($764k), and Croatia ($618k).

COMPANIES In 2023, leading companies such as Steve Madden (2) and Danfoss (1) were at the forefront of shipping Leather Machinery from Italy to the United States.

Latest Trends

March 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2023 - March 2024)€-1.24M(-4.51%)
IMPORT GROWTH (March 2023 - March 2024)€-369k(-20.2%)
MAIN DESTINATION (March 2024)China€3.85M

This section shows Leather Machinery'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 Leather Machinery over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$320M
IMPORTS (2022)$27.9M
NET TRADE (2022)$292M

In 2022, Italy exported $320M in Leather Machinery. The main destinations of Italy exports on Leather Machinery were China ($38.6M), France ($25.5M), Spain ($16.1M), Turkey ($15M), and Mexico ($14.4M).

In 2022, Italy imported $27.9M in Leather Machinery, mainly from China ($11.7M), Germany ($4.59M), France ($2.53M), Romania ($1.01M), and United Kingdom ($912k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Leather Machinery EXPORT MARKETS FOR Italy WERE (2021 - 2022):
France$4.98M (24.3%)
India$4.39M (47.9%)
Serbia$3.44M (65.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Leather Machinery BY Italy WERE (2021 - 2022):
South Korea-$8.37M (-70.3%)
Netherlands-$3.35M (-53.8%)
United Kingdom-$2.67M (-23.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Leather Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $1.49M
TOP IMPORT POTENTIALChina+ $343k

Leather Machinery’s highest export potential is India. With an export gap of $1.49M.   Leather Machinery’s highest import potential is China with an import gap of $343k.

See methodology.

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