2022
Exports
$2.34BWorld Rnk 9 / 167
Flag Rnk 59 / 1217
2022
PRODUCT COMPLEXITY IN Tractors
0.95Rnk 194 / 1025
2022
Imports
$2.88BWorld Rnk 6 / 215
Flag Rnk 34 / 1215
2022
ECONOMIC COMPLEXITY of Italy
1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $2.34B in Tractors, making it the 9th largest exporter of Tractors in the world. At the same year, Tractors was the 59th most exported product in Italy. The main destination of Tractors exports from Italy are: France ($269M), Germany ($240M), United States ($239M), Spain ($138M), and Poland ($123M).

The fastest growing export markets for Tractors of Italy between 2021 and 2022 were United States ($100M), Bulgaria ($35.4M), and Germany ($23.8M).

Imports In 2022, Italy imported $2.88B in Tractors, becoming the 6th largest importer of Tractors in the world. At the same year, Tractors was the 34th most imported product in Italy. Italy imports Tractors primarily from: Spain ($899M), Germany ($490M), France ($393M), Turkey ($273M), and Netherlands ($250M).

The fastest growing import markets in Tractors for Italy between 2021 and 2022 were Spain ($259M), Netherlands ($73.2M), and Belgium ($24.8M).

COMPANIES In 2023, leading companies such as CNH Industrial (4) were at the forefront of shipping Tractors from Italy to the United States.

Latest Trends

March 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2023 - March 2024)€-62.7M(-26.6%)
IMPORT GROWTH (March 2023 - March 2024)€-138M(-38.1%)
MAIN DESTINATION (March 2024)France€27.4M

This section shows Tractors'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 Tractors over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.34B
IMPORTS (2022)$2.88B
NET TRADE (2022)-$541M

In 2022, Italy exported $2.34B in Tractors. The main destinations of Italy exports on Tractors were France ($269M), Germany ($240M), United States ($239M), Spain ($138M), and Poland ($123M).

In 2022, Italy imported $2.88B in Tractors, mainly from Spain ($899M), Germany ($490M), France ($393M), Turkey ($273M), and Netherlands ($250M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tractors EXPORT MARKETS FOR Italy WERE (2021 - 2022):
United States$100M (72.2%)
Bulgaria$35.4M (88.4%)
Germany$23.8M (11%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tractors BY Italy WERE (2021 - 2022):
Spain-$56.1M (-28.9%)
France-$50.7M (-15.9%)
Greece-$45.6M (-53.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Tractors were:
In 2022, Italy's main importing competitors in Tractors were:

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Trade Value of Tractors by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $118M
TOP IMPORT POTENTIALFrance+ $126M

Tractors’s highest export potential is France. With an export gap of $118M.   Tractors’s highest import potential is France with an import gap of $126M.

See methodology.

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