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2022
Exports $4.21BWorld Rnk 3 / 213
Flag Rnk 26 / 1217
2022
Destination $164M France
2021 - 2022
FASTEST GROWING MARKET $164MCanada
2022
PRODUCT COMPLEXITY IN Refrigerators0.56Rnk 339 / 1025
2022
Imports $1.87BWorld Rnk 6 / 224
Flag Rnk 75 / 1215
2022
Origin $99.8M China
2021 - 2022
FASTEST GROWING ORIGIN $99.8MChina
2022
ECONOMIC COMPLEXITY of Italy1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $4.21B in Refrigerators, making it the 3rd largest exporter of Refrigerators in the world. At the same year, Refrigerators was the 26th most exported product in Italy. The main destination of Refrigerators exports from Italy are: France ($548M), Germany ($431M), United States ($274M), United Kingdom ($247M), and Spain ($225M).

The fastest growing export markets for Refrigerators of Italy between 2021 and 2022 were Canada ($164M), United States ($58.2M), and Saudi Arabia ($19.8M).

Imports In 2022, Italy imported $1.87B in Refrigerators, becoming the 6th largest importer of Refrigerators in the world. At the same year, Refrigerators was the 75th most imported product in Italy. Italy imports Refrigerators primarily from: China ($587M), Poland ($171M), Germany ($166M), Turkey ($162M), and France ($131M).

The fastest growing import markets in Refrigerators for Italy between 2021 and 2022 were China ($99.8M), Romania ($30.6M), and Slovakia ($18.4M).

COMPANIES In 2023, leading companies such as Electrolux (29), Emilgroup (15), and Volvo (3) were at the forefront of shipping Refrigerators from Italy to the United States.

Latest Trends

August 2024

About

Overview In August 2024 Italy's Refrigerators exports accounted up to €227M and imports accounted up to €101M, resulting in a positive trade balance of €126M. Between August 2023 and August 2024 the exports of Italy's   Refrigerators have decreased by €-9.95M (-4.21%) from €236M to €227M, while imports decreased by €-1.33M (-1.3%) from €102M to €101M.

Destinations In August 2024, Refrigerators were exported mostly to Germany (€35.8M), France (€23M), United Kingdom (€17.1M), United States (€15.3M), and Spain (€13.7M), and were imported mostly from China (€37.7M), Germany (€12.3M), Turkey (€12M), Poland (€6.64M), and France (€6.3M).

Growth In August 2024, the decrease in Refrigerators's year-by-year exports was explained primarily by a decrease in exports to Egypt (€-4M or -79.8%), China (€-1.12M or -68%), and Australia (€-821k or -18.4%). In August 2024, the decrease in Refrigerators's year-by-year imports was explained primarily by a decrease in imports from China (€-10.6M or -23.4%), Bulgaria (€-1.67M or -74.3%), and Thailand (€-1.3M or -66.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)€-9.95M(-4.21%)
IMPORT GROWTH (August 2023 - August 2024)€-1.33M(-1.3%)
MAIN DESTINATION (August 2024)Germany€35.8M

This section shows Refrigerators'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 Refrigerators over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$4.21B
IMPORTS (2022)$1.87B
NET TRADE (2022)$2.34B

In 2022, Italy exported $4.21B in Refrigerators. The main destinations of Italy exports on Refrigerators were France ($548M), Germany ($431M), United States ($274M), United Kingdom ($247M), and Spain ($225M).

In 2022, Italy imported $1.87B in Refrigerators, mainly from China ($587M), Poland ($171M), Germany ($166M), Turkey ($162M), and France ($131M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Refrigerators EXPORT MARKETS FOR Italy WERE (2021 - 2022):
Canada$164M (594%)
United States$58.2M (27%)
Saudi Arabia$19.8M (36.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refrigerators BY Italy WERE (2021 - 2022):
France-$52.8M (-8.78%)
Russia-$24.8M (-42.9%)
Germany-$17.9M (-3.98%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Refrigerators were:
China $16.7B
Mexico $7.06B
In 2022, Italy's main importing competitors in Refrigerators were:
United States $14B
Germany $4.27B
France $2.82B

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Trade Value of Refrigerators by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $167M
TOP IMPORT POTENTIALChina+ $77.3M

Refrigerators’s highest export potential is United States. With an export gap of $167M.   Refrigerators’s highest import potential is China with an import gap of $77.3M.

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