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2023
Exports $5.26BWorld Rnk 4 / 222
Flag Rnk 16 / 1216
2023
Destination $45.1M Germany
2022 - 2023
FASTEST GROWING MARKET $45.1MGermany
2023
PRODUCT COMPLEXITY IN Liquid Pumps1.3Rnk 77 / 1025
2023
Imports $2.07BWorld Rnk 8 / 226
Flag Rnk 66 / 1213
2023
Origin $108M Germany
2022 - 2023
FASTEST GROWING ORIGIN $108MGermany
2023
ECONOMIC COMPLEXITY of Italy1.29Rnk 18 / 132

About

Exports In 2023, Italy exported $5.26B in Liquid Pumps, making it the 4th largest exporter of Liquid Pumps in the world. At the same year, Liquid Pumps was the 16th most exported product in Italy. The main destination of Liquid Pumps exports from Italy are: Germany ($669M), United States ($529M), France ($299M), United Kingdom ($235M), and China ($200M).

The fastest growing export markets for Liquid Pumps of Italy between 2022 and 2023 were Germany ($45.1M), Turkey ($40.8M), and Saudi Arabia ($27.5M).

Imports In 2023, Italy imported $2.07B in Liquid Pumps, becoming the 8th largest importer of Liquid Pumps in the world. At the same year, Liquid Pumps was the 66th most imported product in Italy. Italy imports Liquid Pumps primarily from: Germany ($640M), China ($270M), France ($164M), Czechia ($130M), and Poland ($110M).

The fastest growing import markets in Liquid Pumps for Italy between 2022 and 2023 were Germany ($108M), Romania ($11.9M), and Czechia ($11.1M).

COMPANIES In 2023, leading companies such as Danfoss (18), Cummins (12), and Robert Bosch (8) were at the forefront of shipping Liquid Pumps from Italy to the United States.

Latest Trends

November 2024

About

Overview In November 2024 Italy's Liquid Pumps exports accounted up to €380M and imports accounted up to €152M, resulting in a positive trade balance of €229M. Between November 2023 and November 2024 the exports of Italy's   Liquid Pumps have increased by €3.45M (0.92%) from €377M to €380M, while imports increased by €2.02M (1.35%) from €149M to €152M.

Destinations In November 2024, Liquid Pumps were exported mostly to Germany (€55M), United States (€35.1M), France (€22.8M), United Kingdom (€17.4M), and Spain (€15.1M), and were imported mostly from Germany (€41.6M), China (€23M), Hungary (€11.4M), France (€10.9M), and Poland (€9.31M).

Growth In November 2024, the increase in Liquid Pumps's year-by-year exports was explained primarily by an increase in exports to Germany (€9.68M or 22.8%), Egypt (€6.92M or 116%), and Turkey (€5.65M or 103%). In November 2024, the increase in Liquid Pumps's year-by-year imports was explained primarily by an increase in imports from Germany (€6.1M or 16.6%), Poland (€2.77M or 70.6%), and France (€1.83M or 15.5%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)€3.45M(0.92%)
IMPORT GROWTH (November 2023 - November 2024)€2.02M(1.35%)
MAIN DESTINATION (November 2024)Germany€55M

This section shows Liquid Pumps'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 Liquid Pumps over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$5.26B
IMPORTS (2023)$2.07B
NET TRADE (2023)$3.19B

In 2023, Italy exported $5.26B in Liquid Pumps. The main destinations of Italy exports on Liquid Pumps were Germany ($669M), United States ($529M), France ($299M), United Kingdom ($235M), and China ($200M).

In 2023, Italy imported $2.07B in Liquid Pumps, mainly from Germany ($640M), China ($270M), France ($164M), Czechia ($130M), and Poland ($110M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Liquid Pumps EXPORT MARKETS FOR Italy WERE (2022 - 2023):
Germany$45.1M (7.23%)
Turkey$40.8M (29.1%)
Saudi Arabia$27.5M (27.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Liquid Pumps BY Italy WERE (2022 - 2023):
Russia-$60.6M (-59.3%)
United States-$24.6M (-4.44%)
Thailand-$19.6M (-32.1%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Italy's main exporting competitors in Liquid Pumps were:
China $13B
Germany $11.9B
United States $8.82B
In 2023, Italy's main importing competitors in Liquid Pumps were:
United States $12.6B
Germany $5.63B
China $4.04B

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Trade Value of Liquid Pumps by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $175M
TOP IMPORT POTENTIALChina+ $99.8M

Liquid Pumps’s highest export potential is United States. With an export gap of $175M.   Liquid Pumps’s highest import potential is China with an import gap of $99.8M.

See methodology.

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