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2022
Exports $4.38BWorld Rnk 4 / 209
Flag Rnk 25 / 1217
2022
Destination $51.8M Germany
2021 - 2022
FASTEST GROWING MARKET $51.8MTurkey
2022
PRODUCT COMPLEXITY IN Other Heating Machinery1.15Rnk 116 / 1025
2022
Imports $1.21BWorld Rnk 8 / 225
Flag Rnk 109 / 1215
2022
Origin $51.2M Germany
2021 - 2022
FASTEST GROWING ORIGIN $51.2MChina
2022
ECONOMIC COMPLEXITY of Italy1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $4.38B in Other Heating Machinery, making it the 4th largest exporter of Other Heating Machinery in the world. At the same year, Other Heating Machinery was the 25th most exported product in Italy. The main destination of Other Heating Machinery exports from Italy are: Germany ($448M), France ($368M), United States ($336M), Spain ($185M), and China ($170M).

The fastest growing export markets for Other Heating Machinery of Italy between 2021 and 2022 were Turkey ($51.8M), Mexico ($45.4M), and France ($43.2M).

Imports In 2022, Italy imported $1.21B in Other Heating Machinery, becoming the 8th largest importer of Other Heating Machinery in the world. At the same year, Other Heating Machinery was the 109th most imported product in Italy. Italy imports Other Heating Machinery primarily from: Germany ($227M), China ($209M), Spain ($89.7M), Sweden ($67.8M), and France ($60.7M).

The fastest growing import markets in Other Heating Machinery for Italy between 2021 and 2022 were China ($51.2M), United Kingdom ($22.8M), and Netherlands ($20.9M).

COMPANIES In 2023, leading companies such as Baxter Healthcare (104), Electrolux (4), and Prime Line Coffee (2) were at the forefront of shipping Other Heating Machinery from Italy to the United States.

Latest Trends

August 2024

About

Overview In August 2024 Italy's Other Heating Machinery exports accounted up to €385M and imports accounted up to €68.5M, resulting in a positive trade balance of €316M. Between August 2023 and August 2024 the exports of Italy's   Other Heating Machinery have increased by €55.6M (16.9%) from €329M to €385M, while imports decreased by €-6.07M (-8.13%) from €74.6M to €68.5M.

Destinations In August 2024, Other Heating Machinery were exported mostly to United States (€138M), Germany (€20.6M), China (€19.6M), France (€19.3M), and Saudi Arabia (€12.9M), and were imported mostly from China (€16.8M), Germany (€12M), Indonesia (€4.71M), France (€4.09M), and Netherlands (€3.8M).

Growth In August 2024, the increase in Other Heating Machinery's year-by-year exports was explained primarily by an increase in exports to Canada (€16.4M or 518%), United States (€7.35M or 72.3%), and Germany (€6.18M or 20.8%). In August 2024, the decrease in Other Heating Machinery's year-by-year imports was explained primarily by a decrease in imports from Spain (€-3.73M or -30%), China (€-2.54M or -13.1%), and Sweden (€-1.18M or -26.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)€55.6M(16.9%)
IMPORT GROWTH (August 2023 - August 2024)€-6.07M(-8.13%)
MAIN DESTINATION (August 2024)United States€138M

This section shows Other Heating Machinery'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 Other Heating Machinery over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$4.38B
IMPORTS (2022)$1.21B
NET TRADE (2022)$3.17B

In 2022, Italy exported $4.38B in Other Heating Machinery. The main destinations of Italy exports on Other Heating Machinery were Germany ($448M), France ($368M), United States ($336M), Spain ($185M), and China ($170M).

In 2022, Italy imported $1.21B in Other Heating Machinery, mainly from Germany ($227M), China ($209M), Spain ($89.7M), Sweden ($67.8M), and France ($60.7M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Heating Machinery EXPORT MARKETS FOR Italy WERE (2021 - 2022):
Turkey$51.8M (50.9%)
Mexico$45.4M (75.7%)
France$43.2M (13.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Heating Machinery BY Italy WERE (2021 - 2022):
United States-$422M (-55.7%)
Russia-$74.8M (-46.2%)
China-$35.6M (-17.3%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Other Heating Machinery were:
China $8.12B
Germany $5.79B
United States $4.51B
In 2022, Italy's main importing competitors in Other Heating Machinery were:
United States $7.45B
Germany $3.38B
China $2.56B

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Trade Value of Other Heating Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $139M
TOP IMPORT POTENTIALChina+ $62.1M

Other Heating Machinery’s highest export potential is United States. With an export gap of $139M.   Other Heating Machinery’s highest import potential is China with an import gap of $62.1M.

See methodology.

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