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2022
Exports $245MWorld Rnk 3 / 134
Flag Rnk 382 / 1217
2022
Destination $7.58M United States
2021 - 2022
FASTEST GROWING MARKET $7.58MChina
2022
PRODUCT COMPLEXITY IN Other Non-Metal Removal Machinery0.93Rnk 200 / 1025
2022
Imports $53.4MWorld Rnk 8 / 200
Flag Rnk 734 / 1215
2022
Origin $3.03M Germany
2021 - 2022
FASTEST GROWING ORIGIN $3.03MChina
2022
ECONOMIC COMPLEXITY of Italy1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $245M in Other Non-Metal Removal Machinery, making it the 3rd largest exporter of Other Non-Metal Removal Machinery in the world. At the same year, Other Non-Metal Removal Machinery was the 382nd most exported product in Italy. The main destination of Other Non-Metal Removal Machinery exports from Italy are: United States ($22M), Turkey ($18.5M), China ($15.7M), Mexico ($13.1M), and Poland ($12.1M).

The fastest growing export markets for Other Non-Metal Removal Machinery of Italy between 2021 and 2022 were China ($7.58M), Honduras ($7.43M), and Morocco ($4.58M).

Imports In 2022, Italy imported $53.4M in Other Non-Metal Removal Machinery, becoming the 8th largest importer of Other Non-Metal Removal Machinery in the world. At the same year, Other Non-Metal Removal Machinery was the 734th most imported product in Italy. Italy imports Other Non-Metal Removal Machinery primarily from: Germany ($23.8M), China ($5.65M), Switzerland ($2.83M), Chinese Taipei ($2.69M), and Slovenia ($2.61M).

The fastest growing import markets in Other Non-Metal Removal Machinery for Italy between 2021 and 2022 were China ($3.03M), Slovenia ($2.39M), and Chinese Taipei ($2M).

COMPANIES In 2023, leading companies such as AGCO (1) were at the forefront of shipping Other Non-Metal Removal Machinery from Italy to the United States.

Latest Trends

August 2024

About

Overview In August 2024 Italy's Other Non-Metal Removal Machinery exports accounted up to €16.6M and imports accounted up to €3.17M, resulting in a positive trade balance of €13.4M. Between August 2023 and August 2024 the exports of Italy's   Other Non-Metal Removal Machinery have increased by €6.95M (71.9%) from €9.66M to €16.6M, while imports decreased by €-3.85M (-54.8%) from €7.02M to €3.17M.

Destinations In August 2024, Other Non-Metal Removal Machinery were exported mostly to United States (€5.73M), Mexico (€2.94M), Algeria (€1.6M), Saudi Arabia (€1.46M), and Malaysia (€1.12M), and were imported mostly from Germany (€2.65M), Chinese Taipei (€456k), China (€59.5k), Poland (€6.09k), and Belgium (€1.53k).

Growth In August 2024, the increase in Other Non-Metal Removal Machinery's year-by-year exports was explained primarily by an increase in exports to Russia (€1.58M or 1.59k%), Germany (€1.33M or 423%), and Indonesia (€637k or 861%). In August 2024, the decrease in Other Non-Metal Removal Machinery's year-by-year imports was explained primarily by a decrease in imports from China (€-958k or -99.2%), Germany (€-839k or -97.5%), and United States (€-31.8k or -41.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)€6.95M(71.9%)
IMPORT GROWTH (August 2023 - August 2024)€-3.85M(-54.8%)
MAIN DESTINATION (August 2024)United States€5.73M

This section shows Other Non-Metal Removal 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 Non-Metal Removal Machinery over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$245M
IMPORTS (2022)$53.4M
NET TRADE (2022)$191M

In 2022, Italy exported $245M in Other Non-Metal Removal Machinery. The main destinations of Italy exports on Other Non-Metal Removal Machinery were United States ($22M), Turkey ($18.5M), China ($15.7M), Mexico ($13.1M), and Poland ($12.1M).

In 2022, Italy imported $53.4M in Other Non-Metal Removal Machinery, mainly from Germany ($23.8M), China ($5.65M), Switzerland ($2.83M), Chinese Taipei ($2.69M), and Slovenia ($2.61M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Non-Metal Removal Machinery EXPORT MARKETS FOR Italy WERE (2021 - 2022):
China$7.58M (93.6%)
Honduras$7.43M (1%)
Morocco$4.58M (231%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Non-Metal Removal Machinery BY Italy WERE (2021 - 2022):
Russia-$8.38M (-48.8%)
Poland-$4.68M (-27.8%)
South Africa-$3.1M (-63.2%)
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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 Non-Metal Removal Machinery were:
Germany $627M
China $489M
In 2022, Italy's main importing competitors in Other Non-Metal Removal Machinery were:
United States $378M
China $207M
India $126M

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Trade Value of Other Non-Metal Removal Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $4.16M
TOP IMPORT POTENTIALChina+ $2.26M

Other Non-Metal Removal Machinery’s highest export potential is China. With an export gap of $4.16M.   Other Non-Metal Removal Machinery’s highest import potential is China with an import gap of $2.26M.

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