Scales in Italy | The Observatory of Economic Complexity

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 GUESS, INC. (240), BANANA REPUBLIC LLC (102), and STIHL INCORPORATED (39) were at the forefront of shipping Scales from Italy to the United States.

Latest Trends

December 2023

About

Overview In December 2023 Italy's Scales exports accounted up to €10.4M and imports accounted up to €10.1M, resulting in a positive trade balance of €209k. Between December 2022 and December 2023 the exports of Italy's Scales have decreased by €-1.65M (-13.8%) from €12M to €10.4M, while imports increased by €1.4M (16%) from €8.74M to €10.1M.

Destinations In December 2023, Scales were exported mostly to United States (€2.66M), France (€966k), Spain (€943k), Slovenia (€696k), and Netherlands (€526k), and were imported mostly from Germany (€5.55M), Netherlands (€1.31M), China (€1.24M), Spain (€479k), and Denmark (€339k).

Growth In December 2023, 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 December 2023, the increase in Scales's year-by-year imports was explained primarily by an increase in imports from Netherlands (€220k or 33.3%), Spain (€32.3k or 11.2%), and United Kingdom (€26.4k or 65.6%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (December 2022 - December 2023)€-1.65M(-13.8%)

IMPORT GROWTH (December 2022 - December 2023)€1.4M(16%)

MAIN DESTINATION (December 2023)United States€2.66M

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

Trade Value

Growth

Growth (%)

Year

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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