Metalworking Machines in Italy | The Observatory of Economic Complexity

About

Exports In 2022, Italy exported $169M in Metalworking Machines, making it the 5th largest exporter of Metalworking Machines in the world. At the same year, Metalworking Machines was the 463rd most exported product in Italy. The main destination of Metalworking Machines exports from Italy are: United States ($22M), Germany ($17M), France ($14.8M), China ($10.3M), and Spain ($9.93M).

The fastest growing export markets for Metalworking Machines of Italy between 2021 and 2022 were Chinese Taipei ($2.85M), China ($2.42M), and Netherlands ($1.83M).

Imports In 2022, Italy imported $89.5M in Metalworking Machines, becoming the 5th largest importer of Metalworking Machines in the world. At the same year, Metalworking Machines was the 614th most imported product in Italy. Italy imports Metalworking Machines primarily from: Germany ($50.5M), Switzerland ($11.7M), China ($6.24M), Chinese Taipei ($5.83M), and United States ($4.85M).

The fastest growing import markets in Metalworking Machines for Italy between 2021 and 2022 were Germany ($9.39M), United States ($2.39M), and Switzerland ($1.76M).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Metalworking Machines from Italy to the United States.

Latest Trends

December 2023

About

Overview In December 2023 Italy's Metalworking Machines exports accounted up to €15.2M and imports accounted up to €5.29M, resulting in a positive trade balance of €9.88M. Between December 2022 and December 2023 the exports of Italy's Metalworking Machines have decreased by €-2.87M (-15.9%) from €18M to €15.2M, while imports decreased by €-1.99M (-27.4%) from €7.29M to €5.29M.

Destinations In December 2023, Metalworking Machines were exported mostly to United States (€2.48M), Germany (€2.07M), China (€1.43M), Spain (€1.1M), and France (€1.02M), and were imported mostly from Germany (€4.2M), Netherlands (€547k), Taiwan (€344k), China (€88.8k), and Spain (€53.1k).

Growth In December 2023, the decrease in Metalworking Machines's year-by-year exports was explained primarily by a decrease in exports to Switzerland (€-52.2k or -48.4%), Mexico (€-48.3k or -12.5%), and Brazil (€-39.6k or -63.3%). In December 2023, the decrease in Metalworking Machines's year-by-year imports was explained primarily by a decrease in imports from Taiwan (€-136k or -50.2%), China (€-79.2k or -25.2%), and Netherlands (€-1.01k or -81.6%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (December 2022 - December 2023)€-2.87M(-15.9%)

IMPORT GROWTH (December 2022 - December 2023)€-1.99M(-27.4%)

MAIN DESTINATION (December 2023)United States€2.48M

This section shows Metalworking Machines'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 Metalworking Machines over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download