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2018
Exports $1.29BWorld Rnk 23 / 226
Flag Rnk 122 / 1217
2018
Destination $9.49M Germany
2021 - 2022
FASTEST GROWING MARKET $9.49MUnited States
2022
PRODUCT COMPLEXITY IN Office Machine Parts1.32Rnk 90 / 1025
2018
Imports $3.12BWorld Rnk 20 / 224
Flag Rnk 28 / 1215
2018
Origin $25.5M Netherlands
2021 - 2022
FASTEST GROWING ORIGIN $25.5MNetherlands
2022
ECONOMIC COMPLEXITY of Italy1.29Rnk 17 / 133

About

Exports In 2018, 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

June 2024

About

Overview In June 2024 Italy's Office Machine Parts exports accounted up to €31.5M and imports accounted up to €48.5M, resulting in a negative trade balance of €17M. Between June 2023 and June 2024 the exports of Italy's   Office Machine Parts have decreased by €-5.84M (-15.6%) from €37.4M to €31.5M, while imports decreased by €-498k (-1.02%) from €49M to €48.5M.

Destinations In June 2024, Office Machine Parts were exported mostly to Switzerland (€8.32M), Germany (€6.01M), United States (€5.29M), United Kingdom (€2.03M), and Poland (€1.64M), and were imported mostly from Netherlands (€22.6M), Germany (€6.79M), China (€5.84M), Chinese Taipei (€3M), and Hungary (€1.85M).

Growth In June 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 June 2024, the decrease in Office Machine Parts's year-by-year imports was explained primarily by a decrease in imports from Germany (€-1.87M or -16.9%), China (€-1.56M or -22.1%), and Japan (€-523k or -63.5%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)€-5.84M(-15.6%)
IMPORT GROWTH (June 2023 - June 2024)€-498k(-1.02%)
MAIN DESTINATION (June 2024)Switzerland€8.32M

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
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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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Office Machine Parts EXPORT MARKETS FOR Italy WERE (2021 - 2022):
United States$9.49M (6.47%)
Slovenia$6.3M (43%)
Switzerland$5.91M (5.51%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Office Machine Parts BY Italy WERE (2021 - 2022):
Germany-$24.4M (-12.7%)
Czechia-$15M (-29.2%)
France-$11.1M (-12.4%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Office Machine Parts were:
China $111B
Chinese Taipei $26.4B
United States $22.5B
In 2022, Italy's main importing competitors in Office Machine Parts were:
United States $60.3B
Hong Kong $30.5B
China $27.2B

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Trade Value of Office Machine Parts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $47.4M
TOP IMPORT POTENTIALChina+ $76.1M

Office Machine Parts’s highest export potential is United States. With an export gap of $47.4M.   Office Machine Parts’s highest import potential is China with an import gap of $76.1M.

See methodology.

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