2023
Exports
$4.77BWorld Rnk 3 / 212
Flag Rnk 19 / 1216
2023
PRODUCT COMPLEXITY IN Other Heating Machinery
1.3Rnk 78 / 1025
2023
Imports
$1.26BWorld Rnk 10 / 225
Flag Rnk 105 / 1213
2023
ECONOMIC COMPLEXITY of Italy
1.29Rnk 18 / 132

About

Exports In 2023, Italy exported $4.77B in Other Heating Machinery, making it the 3rd largest exporter of Other Heating Machinery in the world. At the same year, Other Heating Machinery was the 19th most exported product in Italy. The main destination of Other Heating Machinery exports from Italy are: United States ($451M), Germany ($395M), France ($291M), United Kingdom ($198M), and China ($190M).

The fastest growing export markets for Other Heating Machinery of Italy between 2022 and 2023 were United States ($84M), Netherlands ($42M), and Czechia ($34.7M).

Imports In 2023, Italy imported $1.26B in Other Heating Machinery, becoming the 10th largest importer of Other Heating Machinery in the world. At the same year, Other Heating Machinery was the 105th most imported product in Italy. Italy imports Other Heating Machinery primarily from: Germany ($216M), China ($174M), Spain ($94.7M), France ($77.9M), and Sweden ($73.7M).

The fastest growing import markets in Other Heating Machinery for Italy between 2022 and 2023 were France ($19.5M), India ($14M), and Malaysia ($10.6M).

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

October 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)€-10.4M(-2.37%)
IMPORT GROWTH (October 2023 - October 2024)€-13.8M(-13.9%)
MAIN DESTINATION (October 2024)United States€107M

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 (2023)$4.77B
IMPORTS (2023)$1.26B
NET TRADE (2023)$3.51B

In 2023, Italy exported $4.77B in Other Heating Machinery. The main destinations of Italy exports on Other Heating Machinery were United States ($451M), Germany ($395M), France ($291M), United Kingdom ($198M), and China ($190M).

In 2023, Italy imported $1.26B in Other Heating Machinery, mainly from Germany ($216M), China ($174M), Spain ($94.7M), France ($77.9M), and Sweden ($73.7M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Other Heating Machinery EXPORT MARKETS FOR Italy WERE (2022 - 2023):
United States$84M (22.9%)
Netherlands$42M (59.7%)
Czechia$34.7M (45.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Heating Machinery BY Italy WERE (2022 - 2023):
Canada-$213M (-72.2%)
France-$34.5M (-10.6%)
Mexico-$30.4M (-22%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Italy's main exporting competitors in Other Heating Machinery were:
China $8.69B
Germany $5.96B
In 2023, Italy's main importing competitors in Other Heating Machinery were:

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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.

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