Work Trucks in Italy | The Observatory of Economic Complexity

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

January 2024

About

Overview In January 2024 Italy's Work Trucks exports accounted up to €10.8M and imports accounted up to €439k, resulting in a positive trade balance of €10.3M. Between January 2023 and January 2024 the exports of Italy's Work Trucks have increased by €7.34M (215%) from €3.42M to €10.8M, while imports decreased by €-395k (-47.4%) from €834k to €439k.

Destinations In January 2024, Work Trucks were exported mostly to Vietnam (€3.54M), United States (€2.1M), South Korea (€1.52M), Germany (€1.27M), and France (€452k), and were imported mostly from China (€134k), Belgium (€96k), Japan (€83.6k), France (€35.5k), and Switzerland (€25.4k).

Growth In January 2024, the increase in Work Trucks's year-by-year exports was explained primarily by an increase in exports to Germany (€281k or 50.2%), South Korea (€175k or 3.79k%), and United States (€168k or 27.8%). In January 2024, the decrease in Work Trucks's year-by-year imports was explained primarily by a decrease in imports from Japan (€-55.5k or -33%) and Netherlands (€-1.39k or -56.7%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)€7.34M(215%)

IMPORT GROWTH (January 2023 - January 2024)€-395k(-47.4%)

MAIN DESTINATION (January 2024)Vietnam€3.54M

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

Trade Value

Growth

Growth (%)

Year

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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