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2023
Exports $71.8MWorld Rnk 15 / 144
Flag Rnk 638 / 1216
2023
Destination $3.69M Germany
2022 - 2023
FASTEST GROWING MARKET $3.69MNetherlands
2023
PRODUCT COMPLEXITY IN Tool Plates1.73Rnk 20 / 1025
2023
Imports $303MWorld Rnk 5 / 191
Flag Rnk 339 / 1213
2023
Origin $17.3M Germany
2022 - 2023
FASTEST GROWING ORIGIN $17.3MGermany
2023
ECONOMIC COMPLEXITY of Italy1.29Rnk 18 / 132

About

Exports In 2023, Italy exported $71.8M in Tool Plates, making it the 15th largest exporter of Tool Plates in the world. At the same year, Tool Plates was the 638th most exported product in Italy. The main destination of Tool Plates exports from Italy are: Germany ($12.9M), Netherlands ($10.9M), Switzerland ($6.97M), United States ($5.51M), and Turkey ($3.68M).

The fastest growing export markets for Tool Plates of Italy between 2022 and 2023 were Netherlands ($3.69M), Qatar ($980k), and Germany ($934k).

Imports In 2023, Italy imported $303M in Tool Plates, becoming the 5th largest importer of Tool Plates in the world. At the same year, Tool Plates was the 339th most imported product in Italy. Italy imports Tool Plates primarily from: Germany ($109M), Belgium ($65.6M), Netherlands ($44.2M), Luxembourg ($14.3M), and China ($10.7M).

The fastest growing import markets in Tool Plates for Italy between 2022 and 2023 were Germany ($17.3M), Sweden ($10.2M), and Belgium ($6.45M).

Latest Trends

November 2024

About

Overview In November 2024 Italy's Tool Plates exports accounted up to €4.4M and imports accounted up to €25.3M, resulting in a negative trade balance of €20.9M. Between November 2023 and November 2024 the exports of Italy's   Tool Plates have increased by €1.43M (48.1%) from €2.97M to €4.4M, while imports decreased by €-6.65M (-20.8%) from €32M to €25.3M.

Destinations In November 2024, Tool Plates were exported mostly to Germany (€1.2M), Netherlands (€750k), United Arab Emirates (€341k), Turkey (€335k), and Switzerland (€320k), and were imported mostly from Netherlands (€9.76M), Germany (€7.46M), Belgium (€3.9M), Sweden (€2.72M), and China (€795k).

Growth In November 2024, the increase in Tool Plates's year-by-year exports was explained primarily by an increase in exports to Netherlands (€673k or 11.9k%), Germany (€239k or 36.7%), and Austria (€192k or 188%). In November 2024, the decrease in Tool Plates's year-by-year imports was explained primarily by a decrease in imports from Belgium (€-1.34M or -21.2%), Germany (€-438k or -6.01%), and China (€-211k or -17.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)€1.43M(48.1%)
IMPORT GROWTH (November 2023 - November 2024)€-6.65M(-20.8%)
MAIN DESTINATION (November 2024)Germany€1.2M

This section shows Tool Plates'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 Tool Plates over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$71.8M
IMPORTS (2023)$303M
NET TRADE (2023)-$231M

In 2023, Italy exported $71.8M in Tool Plates. The main destinations of Italy exports on Tool Plates were Germany ($12.9M), Netherlands ($10.9M), Switzerland ($6.97M), United States ($5.51M), and Turkey ($3.68M).

In 2023, Italy imported $303M in Tool Plates, mainly from Germany ($109M), Belgium ($65.6M), Netherlands ($44.2M), Luxembourg ($14.3M), and China ($10.7M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Tool Plates EXPORT MARKETS FOR Italy WERE (2022 - 2023):
Netherlands$3.69M (51.2%)
Qatar$980k (3.11k%)
Germany$934k (7.82%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tool Plates BY Italy WERE (2022 - 2023):
Austria-$868k (-46.4%)
Mexico-$743k (-30.6%)
Denmark-$572k (-22.2%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Italy's main exporting competitors in Tool Plates were:
Germany $1.01B
Japan $874M
China $695M
In 2023, Italy's main importing competitors in Tool Plates were:
United States $972M
Germany $778M
Netherlands $355M

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Trade Value of Tool Plates by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $3.2M
TOP IMPORT POTENTIALChina+ $6.72M

Tool Plates’s highest export potential is United States. With an export gap of $3.2M.   Tool Plates’s highest import potential is China with an import gap of $6.72M.

See methodology.

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