Other Measuring Instruments in Italy | The Observatory of Economic Complexity

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Exports In 2022, Italy exported $1.66B in Other Measuring Instruments, making it the 9th largest exporter of Other Measuring Instruments in the world. At the same year, Other Measuring Instruments was the 93rd most exported product in Italy. The main destination of Other Measuring Instruments exports from Italy are: China ($208M), Germany ($192M), United States ($175M), France ($110M), and Spain ($77.3M).

The fastest growing export markets for Other Measuring Instruments of Italy between 2021 and 2022 were China ($50.7M), United States ($12.4M), and Turkey ($12M).

Imports In 2022, Italy imported $1.13B in Other Measuring Instruments, becoming the 14th largest importer of Other Measuring Instruments in the world. At the same year, Other Measuring Instruments was the 121st most imported product in Italy. Italy imports Other Measuring Instruments primarily from: Germany ($394M), United States ($109M), France ($102M), China ($70M), and Netherlands ($51.5M).

The fastest growing import markets in Other Measuring Instruments for Italy between 2021 and 2022 were France ($33.6M), Czechia ($7.03M), and Netherlands ($4.56M).

COMPANIES In 2023, leading companies such as ELECTROLUX HOME PRODUCTS, INC. (28), DANFOSS POWER SOLUTIONS II, LLC (22), and KONECRANES (15) were at the forefront of shipping Other Measuring Instruments from Italy to the United States.

Latest Trends

December 2023

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Overview In December 2023 Italy's Other Measuring Instruments exports accounted up to €167M and imports accounted up to €84.3M, resulting in a positive trade balance of €82.8M. Between December 2022 and December 2023 the exports of Italy's Other Measuring Instruments have decreased by €-5.37M (-3.11%) from €172M to €167M, while imports decreased by €-12.6M (-13%) from €97M to €84.3M.

Destinations In December 2023, Other Measuring Instruments were exported mostly to Germany (€24.2M), China (€20M), France (€18.2M), United States (€17.8M), and Indonesia (€7.35M), and were imported mostly from Germany (€33.7M), United States (€7.67M), Austria (€4.69M), France (€4.4M), and Netherlands (€4.22M).

Growth In December 2023, the decrease in Other Measuring Instruments's year-by-year exports was explained primarily by a decrease in exports to China (€-3.24M or -40.6%), Sweden (€-2.31M or -60.9%), and Austria (€-1.03M or -49.9%). In December 2023, the decrease in Other Measuring Instruments's year-by-year imports was explained primarily by a decrease in imports from China (€-1.39M or -23.5%), Czechia (€-1.07M or -41.8%), and Hungary (€-820k or -29.9%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (December 2022 - December 2023)€-5.37M(-3.11%)

IMPORT GROWTH (December 2022 - December 2023)€-12.6M(-13%)

MAIN DESTINATION (December 2023)Germany€24.2M

This section shows Other Measuring Instruments'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 Other Measuring Instruments over time.

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