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2022
Exports $1.66BWorld Rnk 9 / 221
Flag Rnk 93 / 1217
2022
Destination $50.7M China
2021 - 2022
FASTEST GROWING MARKET $50.7MChina
2022
PRODUCT COMPLEXITY IN Other Measuring Instruments1.54Rnk 44 / 1025
2022
Imports $1.13BWorld Rnk 14 / 226
Flag Rnk 121 / 1215
2022
Origin $33.6M Germany
2021 - 2022
FASTEST GROWING ORIGIN $33.6MFrance
2022
ECONOMIC COMPLEXITY of Italy1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $1.66B in Other Measuring Instruments, making it the 9th largest exporter of Other Measuring Instruments in the world. At the same year, Other Measuring Instruments was the 93rd most exported product in Italy. The main destination of Other Measuring Instruments exports from Italy are: China ($208M), Germany ($192M), United States ($175M), France ($110M), and Spain ($77.3M).

The fastest growing export markets for Other Measuring Instruments of Italy between 2021 and 2022 were China ($50.7M), United States ($12.4M), and Turkey ($12M).

Imports In 2022, Italy imported $1.13B in Other Measuring Instruments, becoming the 14th largest importer of Other Measuring Instruments in the world. At the same year, Other Measuring Instruments was the 121st most imported product in Italy. Italy imports Other Measuring Instruments primarily from: Germany ($394M), United States ($109M), France ($102M), China ($70M), and Netherlands ($51.5M).

The fastest growing import markets in Other Measuring Instruments for Italy between 2021 and 2022 were France ($33.6M), Czechia ($7.03M), and Netherlands ($4.56M).

COMPANIES In 2023, leading companies such as Danfoss (3), Electrolux (1), and Haas Automation (1) were at the forefront of shipping Other Measuring Instruments from Italy to the United States.

Latest Trends

September 2024

About

Overview In September 2024 Italy's Other Measuring Instruments exports accounted up to €91.7M and imports accounted up to €89.9M, resulting in a positive trade balance of €1.77M. Between September 2023 and September 2024 the exports of Italy's   Other Measuring Instruments have decreased by €-8.88M (-8.83%) from €101M to €91.7M, while imports decreased by €-10.6M (-10.5%) from €100M to €89.9M.

Destinations In September 2024, Other Measuring Instruments were exported mostly to Germany (€13.6M), United States (€11.6M), France (€10.3M), China (€9.12M), and United Kingdom (€5.23M), and were imported mostly from Germany (€35.8M), United States (€12.7M), France (€7.75M), Netherlands (€5.01M), and China (€4.45M).

Growth In September 2024, the decrease in Other Measuring Instruments's year-by-year exports was explained primarily by a decrease in exports to China (€-3.24M or -40.6%), Sweden (€-2.31M or -60.9%), and Austria (€-1.03M or -49.9%). In September 2024, the decrease in Other Measuring Instruments's year-by-year imports was explained primarily by a decrease in imports from China (€-1.39M or -23.5%), Czechia (€-1.07M or -41.8%), and Hungary (€-820k or -29.9%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)€-8.88M(-8.83%)
IMPORT GROWTH (September 2023 - September 2024)€-10.6M(-10.5%)
MAIN DESTINATION (September 2024)Germany€13.6M

This section shows Other Measuring Instruments'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 Measuring Instruments over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.66B
IMPORTS (2022)$1.13B
NET TRADE (2022)$528M

In 2022, Italy exported $1.66B in Other Measuring Instruments. The main destinations of Italy exports on Other Measuring Instruments were China ($208M), Germany ($192M), United States ($175M), France ($110M), and Spain ($77.3M).

In 2022, Italy imported $1.13B in Other Measuring Instruments, mainly from Germany ($394M), United States ($109M), France ($102M), China ($70M), and Netherlands ($51.5M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Measuring Instruments EXPORT MARKETS FOR Italy WERE (2021 - 2022):
China$50.7M (32.2%)
United States$12.4M (7.61%)
Turkey$12M (31.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Measuring Instruments BY Italy WERE (2021 - 2022):
Kuwait-$122M (-85.4%)
France-$18.3M (-14.2%)
Japan-$16.6M (-39.5%)
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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 Measuring Instruments were:
Germany $8.71B
United States $7.13B
China $6.9B
In 2022, Italy's main importing competitors in Other Measuring Instruments were:
China $10.8B
United States $6.69B
Germany $3.73B

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Trade Value of Other Measuring Instruments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $91M
TOP IMPORT POTENTIALChina+ $45.6M

Other Measuring Instruments’s highest export potential is China. With an export gap of $91M.   Other Measuring Instruments’s highest import potential is China with an import gap of $45.6M.

See methodology.

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