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2022
Exports $558MWorld Rnk 11 / 200
Flag Rnk 231 / 1217
2022
Destination $51.5M Qatar
2021 - 2022
FASTEST GROWING MARKET $51.5MQatar
2022
PRODUCT COMPLEXITY IN Navigation Equipment1.03Rnk 162 / 1025
2022
Imports $533MWorld Rnk 11 / 220
Flag Rnk 224 / 1215
2022
Origin $16.6M United Kingdom
2021 - 2022
FASTEST GROWING ORIGIN $16.6MHungary
2022
ECONOMIC COMPLEXITY of Italy1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $558M in Navigation Equipment, making it the 11th largest exporter of Navigation Equipment in the world. At the same year, Navigation Equipment was the 231st most exported product in Italy. The main destination of Navigation Equipment exports from Italy are: Qatar ($87M), United Kingdom ($81.9M), United States ($44.7M), Germany ($31.2M), and Egypt ($29.5M).

The fastest growing export markets for Navigation Equipment of Italy between 2021 and 2022 were Qatar ($51.5M), Thailand ($14.2M), and Pakistan ($6.95M).

Imports In 2022, Italy imported $533M in Navigation Equipment, becoming the 11th largest importer of Navigation Equipment in the world. At the same year, Navigation Equipment was the 224th most imported product in Italy. Italy imports Navigation Equipment primarily from: United Kingdom ($81.1M), United States ($68.7M), France ($63.8M), Germany ($55.6M), and Hungary ($51.6M).

The fastest growing import markets in Navigation Equipment for Italy between 2021 and 2022 were Hungary ($16.6M), United States ($15.3M), and Germany ($7.15M).

Latest Trends

September 2024

About

Overview In September 2024 Italy's Navigation Equipment exports accounted up to €27.7M and imports accounted up to €46.7M, resulting in a negative trade balance of €19M. Between September 2023 and September 2024 the exports of Italy's   Navigation Equipment have decreased by €-5.76M (-17.2%) from €33.4M to €27.7M, while imports decreased by €-793k (-1.67%) from €47.5M to €46.7M.

Destinations In September 2024, Navigation Equipment were exported mostly to United Kingdom (€4.83M), Germany (€3.93M), United States (€2.44M), France (€2.37M), and Netherlands (€2.31M), and were imported mostly from United States (€8.42M), France (€7.51M), United Kingdom (€5.58M), Hungary (€4.98M), and Germany (€4.31M).

Growth In September 2024, the decrease in Navigation Equipment's year-by-year exports was explained primarily by a decrease in exports to United Kingdom (€-2.81M or -32.9%), Germany (€-1.31M or -47.4%), and China (€-400k or -66.7%). In September 2024, the decrease in Navigation Equipment's year-by-year imports was explained primarily by a decrease in imports from China (€-761k or -25.3%), Chinese Taipei (€-179k or -69.5%), and Austria (€-172k or -69.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)€-5.76M(-17.2%)
IMPORT GROWTH (September 2023 - September 2024)€-793k(-1.67%)
MAIN DESTINATION (September 2024)United Kingdom€4.83M

This section shows Navigation Equipment'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 Navigation Equipment over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$558M
IMPORTS (2022)$533M
NET TRADE (2022)$25.1M

In 2022, Italy exported $558M in Navigation Equipment. The main destinations of Italy exports on Navigation Equipment were Qatar ($87M), United Kingdom ($81.9M), United States ($44.7M), Germany ($31.2M), and Egypt ($29.5M).

In 2022, Italy imported $533M in Navigation Equipment, mainly from United Kingdom ($81.1M), United States ($68.7M), France ($63.8M), Germany ($55.6M), and Hungary ($51.6M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Navigation Equipment EXPORT MARKETS FOR Italy WERE (2021 - 2022):
Qatar$51.5M (145%)
Thailand$14.2M (3.43k%)
Pakistan$6.95M (39.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Navigation Equipment BY Italy WERE (2021 - 2022):
Egypt-$37M (-55.6%)
United Kingdom-$24.7M (-23.2%)
Germany-$15.8M (-33.6%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Navigation Equipment were:
China $3.22B
United States $2.61B
Germany $1.95B
In 2022, Italy's main importing competitors in Navigation Equipment were:
United States $3.89B
Germany $1.74B
China $1.5B

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Trade Value of Navigation Equipment by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $27.9M
TOP IMPORT POTENTIALChina+ $24.7M

Navigation Equipment’s highest export potential is United States. With an export gap of $27.9M.   Navigation Equipment’s highest import potential is China with an import gap of $24.7M.

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