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2023
Exports $1.47BWorld Rnk 10 / 214
Flag Rnk 103 / 1216
2023
Destination $13.6M China
2022 - 2023
FASTEST GROWING MARKET $13.6MFrance
2023
PRODUCT COMPLEXITY IN Other Measuring Instruments1.75Rnk 17 / 1025
2023
Imports $1.35BWorld Rnk 11 / 224
Flag Rnk 99 / 1213
2023
Origin $55.4M Germany
2022 - 2023
FASTEST GROWING ORIGIN $55.4MGermany
2023
ECONOMIC COMPLEXITY of Italy1.29Rnk 18 / 132

About

Exports In 2023, Italy exported $1.47B in Other Measuring Instruments, making it the 10th largest exporter of Other Measuring Instruments in the world. At the same year, Other Measuring Instruments was the 103rd most exported product in Italy. The main destination of Other Measuring Instruments exports from Italy are: China ($162M), Germany ($152M), United States ($149M), France ($93.3M), and United Kingdom ($80.5M).

The fastest growing export markets for Other Measuring Instruments of Italy between 2022 and 2023 were France ($13.6M), Turkmenistan ($12.3M), and United Kingdom ($9.18M).

Imports In 2023, Italy imported $1.35B in Other Measuring Instruments, becoming the 11th largest importer of Other Measuring Instruments in the world. At the same year, Other Measuring Instruments was the 99th most imported product in Italy. Italy imports Other Measuring Instruments primarily from: Germany ($459M), United States ($160M), France ($121M), China ($63M), and Netherlands ($60.8M).

The fastest growing import markets in Other Measuring Instruments for Italy between 2022 and 2023 were Germany ($55.4M), United States ($33.9M), and Kuwait ($26.2M).

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

November 2024

About

Overview In November 2024 Italy's Other Measuring Instruments exports accounted up to €125M and imports accounted up to €84.9M, resulting in a positive trade balance of €40.4M. Between November 2023 and November 2024 the exports of Italy's   Other Measuring Instruments have decreased by €-6M (-4.57%) from €131M to €125M, while imports decreased by €-12.9M (-13.2%) from €97.8M to €84.9M.

Destinations In November 2024, Other Measuring Instruments were exported mostly to United States (€16.8M), Germany (€15.1M), France (€10.1M), Indonesia (€8.3M), and Spain (€7.89M), and were imported mostly from Germany (€27.3M), United States (€20.7M), France (€5.6M), Netherlands (€4.85M), and China (€3.56M).

Growth In November 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 November 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 (November 2023 - November 2024)€-6M(-4.57%)
IMPORT GROWTH (November 2023 - November 2024)€-12.9M(-13.2%)
MAIN DESTINATION (November 2024)United States€16.8M

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 (2023)$1.47B
IMPORTS (2023)$1.35B
NET TRADE (2023)$124M

In 2023, Italy exported $1.47B in Other Measuring Instruments. The main destinations of Italy exports on Other Measuring Instruments were China ($162M), Germany ($152M), United States ($149M), France ($93.3M), and United Kingdom ($80.5M).

In 2023, Italy imported $1.35B in Other Measuring Instruments, mainly from Germany ($459M), United States ($160M), France ($121M), China ($63M), and Netherlands ($60.8M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Other Measuring Instruments EXPORT MARKETS FOR Italy WERE (2022 - 2023):
France$13.6M (17%)
Turkmenistan$12.3M (778%)
United Kingdom$9.18M (12.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Measuring Instruments BY Italy WERE (2022 - 2023):
Germany-$48.6M (-24.2%)
China-$46.9M (-22.4%)
Philippines-$13.6M (-73.5%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Italy's main exporting competitors in Other Measuring Instruments were:
Germany $8.9B
United States $7.56B
China $6.46B
In 2023, Italy's main importing competitors in Other Measuring Instruments were:
China $10.5B
United States $6.9B
Germany $3.9B

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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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