2023
Exports
$350MWorld Rnk 5 / 123
Flag Rnk 292 / 1216
2023
PRODUCT COMPLEXITY IN Textile Fiber Machinery
1.55Rnk 36 / 1025
2023
Imports
$41.1MWorld Rnk 15 / 183
Flag Rnk 781 / 1213
2023
ECONOMIC COMPLEXITY of Italy
1.29Rnk 18 / 132

About

Exports In 2023, Italy exported $350M in Textile Fiber Machinery, making it the 5th largest exporter of Textile Fiber Machinery in the world. At the same year, Textile Fiber Machinery was the 292nd most exported product in Italy. The main destination of Textile Fiber Machinery exports from Italy are: China ($76.4M), India ($50.7M), Egypt ($43.7M), Turkey ($37.8M), and Bangladesh ($23.8M).

The fastest growing export markets for Textile Fiber Machinery of Italy between 2022 and 2023 were Egypt ($41.1M), India ($12M), and Turkmenistan ($7.72M).

Imports In 2023, Italy imported $41.1M in Textile Fiber Machinery, becoming the 15th largest importer of Textile Fiber Machinery in the world. At the same year, Textile Fiber Machinery was the 781st most imported product in Italy. Italy imports Textile Fiber Machinery primarily from: Germany ($21.7M), France ($7.04M), China ($3.41M), Japan ($1.84M), and Switzerland ($1.61M).

The fastest growing import markets in Textile Fiber Machinery for Italy between 2022 and 2023 were France ($6M), Germany ($4.43M), and Belgium ($928k).

Latest Trends

November 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)€-4.85M(-19.4%)
IMPORT GROWTH (November 2023 - November 2024)€-315k(-15.7%)
MAIN DESTINATION (November 2024)China€6.6M

This section shows Textile Fiber 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 Textile Fiber Machinery over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$350M
IMPORTS (2023)$41.1M
NET TRADE (2023)$309M

In 2023, Italy exported $350M in Textile Fiber Machinery. The main destinations of Italy exports on Textile Fiber Machinery were China ($76.4M), India ($50.7M), Egypt ($43.7M), Turkey ($37.8M), and Bangladesh ($23.8M).

In 2023, Italy imported $41.1M in Textile Fiber Machinery, mainly from Germany ($21.7M), France ($7.04M), China ($3.41M), Japan ($1.84M), and Switzerland ($1.61M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Textile Fiber Machinery EXPORT MARKETS FOR Italy WERE (2022 - 2023):
Egypt$41.1M (1.55k%)
India$12M (31.1%)
Turkmenistan$7.72M (2.53k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Textile Fiber Machinery BY Italy WERE (2022 - 2023):
Pakistan-$29.2M (-77%)
Vietnam-$21.4M (-83.5%)
Turkey-$17.5M (-31.7%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Italy's main exporting competitors in Textile Fiber Machinery were:
In 2023, Italy's main importing competitors in Textile Fiber Machinery were:
China $627M
India $514M

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Trade Value of Textile Fiber Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $4.77M
TOP IMPORT POTENTIALChina+ $2.68M

Textile Fiber Machinery’s highest export potential is India. With an export gap of $4.77M.   Textile Fiber Machinery’s highest import potential is China with an import gap of $2.68M.

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