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2022
Exports $858MWorld Rnk 17 / 207
Flag Rnk 161 / 1217
2022
Destination $4.63M France
2021 - 2022
FASTEST GROWING MARKET $4.63MIsrael
2022
PRODUCT COMPLEXITY IN Orthopedic Appliances0.98Rnk 180 / 1025
2022
Imports $1.98BWorld Rnk 10 / 221
Flag Rnk 70 / 1215
2022
Origin $22M Netherlands
2021 - 2022
FASTEST GROWING ORIGIN $22MIreland
2022
ECONOMIC COMPLEXITY of Italy1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $858M in Orthopedic Appliances, making it the 17th largest exporter of Orthopedic Appliances in the world. At the same year, Orthopedic Appliances was the 161st most exported product in Italy. The main destination of Orthopedic Appliances exports from Italy are: France ($115M), Switzerland ($101M), Germany ($89.1M), United States ($64.2M), and Spain ($49.2M).

The fastest growing export markets for Orthopedic Appliances of Italy between 2021 and 2022 were Israel ($4.63M), Brazil ($3.88M), and Saudi Arabia ($3.72M).

Imports In 2022, Italy imported $1.98B in Orthopedic Appliances, becoming the 10th largest importer of Orthopedic Appliances in the world. At the same year, Orthopedic Appliances was the 70th most imported product in Italy. Italy imports Orthopedic Appliances primarily from: Netherlands ($795M), Germany ($338M), Belgium ($205M), France ($157M), and Switzerland ($148M).

The fastest growing import markets in Orthopedic Appliances for Italy between 2021 and 2022 were Ireland ($22M), China ($4.36M), and Turkey ($2.32M).

COMPANIES In 2023, leading companies such as Danfoss (2) and SKF Group (1) were at the forefront of shipping Orthopedic Appliances from Italy to the United States.

Latest Trends

July 2024

About

Overview In July 2024 Italy's Orthopedic Appliances exports accounted up to €67.9M and imports accounted up to €190M, resulting in a negative trade balance of €122M. Between July 2023 and July 2024 the exports of Italy's   Orthopedic Appliances have increased by €10.7M (18.7%) from €57.2M to €67.9M, while imports increased by €27.1M (16.6%) from €163M to €190M.

Destinations In July 2024, Orthopedic Appliances were exported mostly to Switzerland (€11.1M), France (€11M), United States (€9.17M), Germany (€8.04M), and United Kingdom (€5.05M), and were imported mostly from Netherlands (€80M), Germany (€28.8M), Belgium (€22.4M), France (€13.6M), and United States (€10.9M).

Growth In July 2024, the increase in Orthopedic Appliances's year-by-year exports was explained primarily by an increase in exports to Switzerland (€4.6M or 84.7%), Germany (€2.19M or 43.4%), and France (€1.83M or 19.7%). In July 2024, the increase in Orthopedic Appliances's year-by-year imports was explained primarily by an increase in imports from Netherlands (€16.7M or 29.2%), Germany (€7.26M or 36.9%), and Belgium (€6.1M or 40.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)€10.7M(18.7%)
IMPORT GROWTH (July 2023 - July 2024)€27.1M(16.6%)
MAIN DESTINATION (July 2024)Switzerland€11.1M

This section shows Orthopedic Appliances'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 Orthopedic Appliances over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$858M
IMPORTS (2022)$1.98B
NET TRADE (2022)-$1.12B

In 2022, Italy exported $858M in Orthopedic Appliances. The main destinations of Italy exports on Orthopedic Appliances were France ($115M), Switzerland ($101M), Germany ($89.1M), United States ($64.2M), and Spain ($49.2M).

In 2022, Italy imported $1.98B in Orthopedic Appliances, mainly from Netherlands ($795M), Germany ($338M), Belgium ($205M), France ($157M), and Switzerland ($148M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Orthopedic Appliances EXPORT MARKETS FOR Italy WERE (2021 - 2022):
Israel$4.63M (62.7%)
Brazil$3.88M (79.4%)
Saudi Arabia$3.72M (54%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Orthopedic Appliances BY Italy WERE (2021 - 2022):
United States-$16.3M (-20.2%)
France-$8.85M (-7.15%)
Germany-$5.19M (-5.51%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Orthopedic Appliances were:
United States $12.2B
Netherlands $9.21B
Switzerland $7.42B
In 2022, Italy's main importing competitors in Orthopedic Appliances were:
United States $14.1B
Netherlands $7.77B
Germany $5.39B

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Trade Value of Orthopedic Appliances by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $54.9M
TOP IMPORT POTENTIALSwitzerland+ $95.6M

Orthopedic Appliances’s highest export potential is United States. With an export gap of $54.9M.   Orthopedic Appliances’s highest import potential is Switzerland with an import gap of $95.6M.

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