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2022
Exports $365MWorld Rnk 5 / 119
Flag Rnk 297 / 1217
2022
Destination $19.8M China
2021 - 2022
FASTEST GROWING MARKET $19.8MVietnam
2022
PRODUCT COMPLEXITY IN Textile Fiber Machinery1.53Rnk 47 / 1025
2022
Imports $35.7MWorld Rnk 16 / 178
Flag Rnk 816 / 1215
2022
Origin $3.26M Germany
2021 - 2022
FASTEST GROWING ORIGIN $3.26MGermany
2022
ECONOMIC COMPLEXITY of Italy1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $365M 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 297th most exported product in Italy. The main destination of Textile Fiber Machinery exports from Italy are: China ($68M), Turkey ($54.6M), India ($43.1M), Pakistan ($37M), and Vietnam ($26.7M).

The fastest growing export markets for Textile Fiber Machinery of Italy between 2021 and 2022 were Vietnam ($19.8M), India ($18.6M), and Turkey ($18.5M).

Imports In 2022, Italy imported $35.7M in Textile Fiber Machinery, becoming the 16th largest importer of Textile Fiber Machinery in the world. At the same year, Textile Fiber Machinery was the 816th most imported product in Italy. Italy imports Textile Fiber Machinery primarily from: Germany ($19.4M), China ($3.65M), Switzerland ($2.14M), Japan ($1.82M), and France ($1.58M).

The fastest growing import markets in Textile Fiber Machinery for Italy between 2021 and 2022 were Germany ($3.26M), China ($2.32M), and Japan ($1.7M).

Latest Trends

August 2024

About

Overview In August 2024 Italy's Textile Fiber Machinery exports accounted up to €14.3M and imports accounted up to €811k, resulting in a positive trade balance of €13.5M. Between August 2023 and August 2024 the exports of Italy's   Textile Fiber Machinery have decreased by €-4.14M (-22.4%) from €18.5M to €14.3M, while imports increased by €184k (29.3%) from €627k to €811k.

Destinations In August 2024, Textile Fiber Machinery were exported mostly to China (€3.88M), Egypt (€3.66M), Thailand (€2.16M), Indonesia (€1.54M), and United States (€739k), and were imported mostly from Germany (€379k), China (€248k), Turkey (€177k), Japan (€6.6k), and Poland (€389).

Growth In August 2024, the decrease in Textile Fiber Machinery's year-by-year exports was explained primarily by a decrease in exports to China (€-3.01M or -68.8%), Vietnam (€-2.25M or -99.9%), and Indonesia (€-1.64M or -70.8%). In August 2024, the increase in Textile Fiber Machinery's year-by-year imports was explained primarily by an increase in imports from China (€774k or 213%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)€-4.14M(-22.4%)
IMPORT GROWTH (August 2023 - August 2024)€184k(29.3%)
MAIN DESTINATION (August 2024)China€3.88M

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 (2022)$365M
IMPORTS (2022)$35.7M
NET TRADE (2022)$329M

In 2022, Italy exported $365M in Textile Fiber Machinery. The main destinations of Italy exports on Textile Fiber Machinery were China ($68M), Turkey ($54.6M), India ($43.1M), Pakistan ($37M), and Vietnam ($26.7M).

In 2022, Italy imported $35.7M in Textile Fiber Machinery, mainly from Germany ($19.4M), China ($3.65M), Switzerland ($2.14M), Japan ($1.82M), and France ($1.58M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Textile Fiber Machinery EXPORT MARKETS FOR Italy WERE (2021 - 2022):
Vietnam$19.8M (282%)
India$18.6M (75.4%)
Turkey$18.5M (51.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Textile Fiber Machinery BY Italy WERE (2021 - 2022):
China-$27M (-28.4%)
Pakistan-$23.7M (-39.1%)
Belarus-$13M (-91.7%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Textile Fiber Machinery were:
China $1.08B
Japan $807M
Germany $702M
In 2022, Italy's main importing competitors in Textile Fiber Machinery were:
China $687M
Turkey $654M
India $547M

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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.

See methodology.

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