Motor-working Tools in Italy | The Observatory of Economic Complexity

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Exports In 2022, Italy exported $181M in Motor-working Tools, making it the 8th largest exporter of Motor-working Tools in the world. At the same year, Motor-working Tools was the 447th most exported product in Italy. The main destination of Motor-working Tools exports from Italy are: United States ($29.3M), France ($21.6M), Germany ($16.5M), Spain ($9.47M), and United Kingdom ($8.2M).

The fastest growing export markets for Motor-working Tools of Italy between 2021 and 2022 were Netherlands ($637k), Vietnam ($613k), and Poland ($599k).

Imports In 2022, Italy imported $243M in Motor-working Tools, becoming the 10th largest importer of Motor-working Tools in the world. At the same year, Motor-working Tools was the 398th most imported product in Italy. Italy imports Motor-working Tools primarily from: China ($76.8M), Germany ($51.2M), Japan ($21.5M), France ($13.3M), and Belgium ($13.1M).

The fastest growing import markets in Motor-working Tools for Italy between 2021 and 2022 were France ($1.56M), Japan ($1.46M), and South Korea ($1.01M).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Motor-working Tools from Italy to the United States.

Latest Trends

December 2023

About

Overview In December 2023 Italy's Motor-working Tools exports accounted up to €18.9M and imports accounted up to €40.5M, resulting in a negative trade balance of €21.6M. Between December 2022 and December 2023 the exports of Italy's Motor-working Tools have increased by €218k (1.17%) from €18.7M to €18.9M, while imports decreased by €-8.71M (-17.7%) from €49.3M to €40.5M.

Destinations In December 2023, Motor-working Tools were exported mostly to France (€3.13M), United States (€2.77M), Germany (€2.36M), Spain (€1.28M), and Poland (€1.06M), and were imported mostly from Germany (€17.2M), China (€6.07M), Belgium (€3.39M), Austria (€2.94M), and Netherlands (€2.28M).

Growth In December 2023, the increase in Motor-working Tools's year-by-year exports was explained primarily by an increase in exports to Turkey (€829k or 597%), Switzerland (€316k or 94.4%), and Australia (€228k or 206%). In December 2023, the decrease in Motor-working Tools's year-by-year imports was explained primarily by a decrease in imports from China (€-9.83M or -43%), Romania (€-2.11M or -75.1%), and Hungary (€-723k or -56.8%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (December 2022 - December 2023)€218k(1.17%)

IMPORT GROWTH (December 2022 - December 2023)€-8.71M(-17.7%)

MAIN DESTINATION (December 2023)France€3.13M

This section shows Motor-working Tools'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 Motor-working Tools over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$181M

IMPORTS (2022)$243M

NET TRADE (2022)-$62.1M

In 2022, Italy exported $181M in Motor-working Tools. The main destinations of Italy exports on Motor-working Tools were United States ($29.3M), France ($21.6M), Germany ($16.5M), Spain ($9.47M), and United Kingdom ($8.2M).

In 2022, Italy imported $243M in Motor-working Tools, mainly from China ($76.8M), Germany ($51.2M), Japan ($21.5M), France ($13.3M), and Belgium ($13.1M).

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