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Pricing

2022
Exports $122MWorld Rnk 7 / 198
Flag Rnk 540 / 1217
2022
Destination $3.23M France
2021 - 2022
FASTEST GROWING MARKET $3.23MPakistan
2022
PRODUCT COMPLEXITY IN Scales0.96Rnk 184 / 1025
2022
Imports $135MWorld Rnk 8 / 220
Flag Rnk 523 / 1215
2022
Origin $1.99M Germany
2021 - 2022
FASTEST GROWING ORIGIN $1.99MHungary
2022
ECONOMIC COMPLEXITY of Italy1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $122M in Scales, making it the 7th largest exporter of Scales in the world. At the same year, Scales was the 540th most exported product in Italy. The main destination of Scales exports from Italy are: France ($12.2M), Germany ($9.61M), United States ($9.23M), United Kingdom ($5.92M), and Austria ($4.88M).

The fastest growing export markets for Scales of Italy between 2021 and 2022 were Pakistan ($3.23M), Austria ($2.08M), and Canada ($1.94M).

Imports In 2022, Italy imported $135M in Scales, becoming the 8th largest importer of Scales in the world. At the same year, Scales was the 523rd most imported product in Italy. Italy imports Scales primarily from: Germany ($52.6M), China ($34.2M), Netherlands ($10.4M), France ($5.84M), and Spain ($5.72M).

The fastest growing import markets in Scales for Italy between 2021 and 2022 were Hungary ($1.99M), Indonesia ($1.56M), and Switzerland ($968k).

COMPANIES In 2023, leading companies such as Banana Republic (17), Guess Clothing (6), and Stihl (3) were at the forefront of shipping Scales from Italy to the United States.

Latest Trends

August 2024

About

Overview In August 2024 Italy's Scales exports accounted up to €11.1M and imports accounted up to €8.78M, resulting in a positive trade balance of €2.32M. Between July 2023 and August 2024 the exports of Italy's   Scales have decreased by €-965k (-8%) from €12.1M to €11.1M, while imports decreased by €-615k (-6.55%) from €9.39M to €8.78M.

Destinations In August 2024, Scales were exported mostly to Philippines (€2.61M), United Kingdom (€1.58M), United States (€1.45M), Germany (€722k), and Austria (€617k), and were imported mostly from Germany (€2.96M), China (€2.57M), Serbia (€1.05M), Netherlands (€842k), and United States (€395k).

Growth In August 2024, the decrease in Scales's year-by-year exports was explained primarily by a decrease in exports to Austria (€-557k or -75.9%), China (€-277k or -76.3%), and Greece (€-95.8k or -65.6%). In August 2024, the decrease in Scales's year-by-year imports was explained primarily by a decrease in imports from Czechia (€-1.45M or -99.6%), China (€-1.01M or -31.2%), and Germany (€-641k or -13.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - August 2024)€-965k(-8%)
IMPORT GROWTH (July 2023 - August 2024)€-615k(-6.55%)
MAIN DESTINATION (August 2024)Philippines€2.61M

This section shows Scales'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 Scales over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$122M
IMPORTS (2022)$135M
NET TRADE (2022)-$13.6M

In 2022, Italy exported $122M in Scales. The main destinations of Italy exports on Scales were France ($12.2M), Germany ($9.61M), United States ($9.23M), United Kingdom ($5.92M), and Austria ($4.88M).

In 2022, Italy imported $135M in Scales, mainly from Germany ($52.6M), China ($34.2M), Netherlands ($10.4M), France ($5.84M), and Spain ($5.72M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Scales EXPORT MARKETS FOR Italy WERE (2021 - 2022):
Pakistan$3.23M (1.74k%)
Austria$2.08M (74.4%)
Canada$1.94M (177%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scales BY Italy WERE (2021 - 2022):
China-$4.68M (-72.1%)
Germany-$2.98M (-23.6%)
Egypt-$2.14M (-86.5%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Scales were:
China $1.91B
Germany $683M
Japan $297M
In 2022, Italy's main importing competitors in Scales were:
United States $871M
Germany $296M
Netherlands $285M

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Trade Value of Scales by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $5.43M
TOP IMPORT POTENTIALChina+ $8.07M

Scales’s highest export potential is United States. With an export gap of $5.43M.   Scales’s highest import potential is China with an import gap of $8.07M.

See methodology.

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