Office Machine Parts in Italy | The Observatory of Economic Complexity

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Exports In 2022, Italy exported $1.29B in Office Machine Parts, making it the 23rd largest exporter of Office Machine Parts in the world. At the same year, Office Machine Parts was the 122nd most exported product in Italy. The main destination of Office Machine Parts exports from Italy are: Germany ($167M), United States ($156M), Netherlands ($155M), Switzerland ($113M), and Spain ($91.8M).

The fastest growing export markets for Office Machine Parts of Italy between 2021 and 2022 were United States ($9.49M), Slovenia ($6.3M), and Switzerland ($5.91M).

Imports In 2022, Italy imported $3.12B in Office Machine Parts, becoming the 20th largest importer of Office Machine Parts in the world. At the same year, Office Machine Parts was the 28th most imported product in Italy. Italy imports Office Machine Parts primarily from: Netherlands ($820M), Germany ($629M), China ($419M), Czechia ($173M), and Ireland ($171M).

The fastest growing import markets in Office Machine Parts for Italy between 2021 and 2022 were Netherlands ($25.5M), China ($25.4M), and United Kingdom ($14M).

COMPANIES In 2023, leading companies such as Xerox (2) were at the forefront of shipping Office Machine Parts from Italy to the United States.

Latest Trends

February 2024

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Overview In February 2024 Italy's Office Machine Parts exports accounted up to €31.9M and imports accounted up to €48.9M, resulting in a negative trade balance of €17.1M. Between February 2023 and February 2024 the exports of Italy's Office Machine Parts have decreased by €-565k (-1.74%) from €32.4M to €31.9M, while imports increased by €2.7M (5.83%) from €46.2M to €48.9M.

Destinations In February 2024, Office Machine Parts were exported mostly to Switzerland (€8.19M), Germany (€5.52M), United States (€3.25M), Netherlands (€2.16M), and United Kingdom (€2.03M), and were imported mostly from Netherlands (€19M), Germany (€9.8M), China (€4.38M), Chinese Taipei (€2.03M), and Lithuania (€1.94M).

Growth In February 2024, the decrease in Office Machine Parts's year-by-year exports was explained primarily by a decrease in exports to Germany (€-5.89M or -61.2%), Netherlands (€-4.69M or -76.9%), and Spain (€-942k or -64.2%). In February 2024, the increase in Office Machine Parts's year-by-year imports was explained primarily by an increase in imports from Chinese Taipei (€572k or 18.9%), Sweden (€495k or 375%), and Netherlands (€357k or 2.22%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)€-565k(-1.74%)

IMPORT GROWTH (February 2023 - February 2024)€2.7M(5.83%)

MAIN DESTINATION (February 2024)Switzerland€8.19M

This section shows Office Machine Parts'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 Office Machine Parts over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$1.29B

IMPORTS (2022)$3.12B

NET TRADE (2022)-$1.83B

In 2022, Italy exported $1.29B in Office Machine Parts. The main destinations of Italy exports on Office Machine Parts were Germany ($167M), United States ($156M), Netherlands ($155M), Switzerland ($113M), and Spain ($91.8M).

In 2022, Italy imported $3.12B in Office Machine Parts, mainly from Netherlands ($820M), Germany ($629M), China ($419M), Czechia ($173M), and Ireland ($171M).

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