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2022
Exports $93MWorld Rnk 6 / 130
Flag Rnk 591 / 1217
2022
Destination $7.03M Germany
2021 - 2022
FASTEST GROWING MARKET $7.03MGermany
2022
PRODUCT COMPLEXITY IN Work Trucks0.63Rnk 306 / 1025
2022
Imports $25.8MWorld Rnk 15 / 208
Flag Rnk 868 / 1215
2022
Origin $3.72M Germany
2021 - 2022
FASTEST GROWING ORIGIN $3.72MGermany
2022
ECONOMIC COMPLEXITY of Italy1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $93M in Work Trucks, making it the 6th largest exporter of Work Trucks in the world. At the same year, Work Trucks was the 591st most exported product in Italy. The main destination of Work Trucks exports from Italy are: Germany ($17.1M), France ($12.2M), Netherlands ($7.6M), Turkey ($5.23M), and Denmark ($4.47M).

The fastest growing export markets for Work Trucks of Italy between 2021 and 2022 were Germany ($7.03M), Netherlands ($5.98M), and Denmark ($3.62M).

Imports In 2022, Italy imported $25.8M in Work Trucks, becoming the 15th largest importer of Work Trucks in the world. At the same year, Work Trucks was the 868th most imported product in Italy. Italy imports Work Trucks primarily from: Germany ($8.54M), China ($6.43M), United States ($2.63M), France ($2.33M), and Netherlands ($1.11M).

The fastest growing import markets in Work Trucks for Italy between 2021 and 2022 were Germany ($3.72M), United States ($1.8M), and China ($974k).

Latest Trends

August 2024

About

Overview In August 2024 Italy's Work Trucks exports accounted up to €1.84M and imports accounted up to €1.09M, resulting in a positive trade balance of €753k. Between August 2023 and August 2024 the exports of Italy's   Work Trucks have decreased by €-3.84M (-67.6%) from €5.68M to €1.84M, while imports increased by €462k (74%) from €625k to €1.09M.

Destinations In August 2024, Work Trucks were exported mostly to France (€322k), Netherlands (€266k), Belgium (€220k), Spain (€217k), and Germany (€154k), and were imported mostly from France (€963k), Japan (€79.1k), United Kingdom (€15.1k), Germany (€7.84k), and China (€5.49k).

Growth In August 2024, the decrease in Work Trucks's year-by-year exports was explained primarily by a decrease in exports to Turkey (€-427k or -99.2%), France (€-365k or -52.5%), and Austria (€-98.9k or -57.7%). In August 2024, the increase in Work Trucks's year-by-year imports was explained primarily by an increase in imports from United States (€121k or 3.81k%), Germany (€108k or 172%), and China (€73.2k or 49.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)€-3.84M(-67.6%)
IMPORT GROWTH (August 2023 - August 2024)€462k(74%)
MAIN DESTINATION (August 2024)France€322k

This section shows Work Trucks'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 Work Trucks over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$93M
IMPORTS (2022)$25.8M
NET TRADE (2022)$67.2M

In 2022, Italy exported $93M in Work Trucks. The main destinations of Italy exports on Work Trucks were Germany ($17.1M), France ($12.2M), Netherlands ($7.6M), Turkey ($5.23M), and Denmark ($4.47M).

In 2022, Italy imported $25.8M in Work Trucks, mainly from Germany ($8.54M), China ($6.43M), United States ($2.63M), France ($2.33M), and Netherlands ($1.11M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Work Trucks EXPORT MARKETS FOR Italy WERE (2021 - 2022):
Germany$7.03M (69.6%)
Netherlands$5.98M (370%)
Denmark$3.62M (424%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Work Trucks BY Italy WERE (2021 - 2022):
Switzerland-$7.1M (-80.1%)
Russia-$5.81M (-75.3%)
United Arab Emirates-$4.08M (-82.7%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Work Trucks were:
United States $291M
Germany $239M
China $178M
In 2022, Italy's main importing competitors in Work Trucks were:
United States $311M
United Kingdom $93.7M
Netherlands $91.7M

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Trade Value of Work Trucks by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.65M
TOP IMPORT POTENTIALFrance+ $1.26M

Work Trucks’s highest export potential is United States. With an export gap of $2.65M.   Work Trucks’s highest import potential is France with an import gap of $1.26M.

See methodology.

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