Chemical Analysis Instruments in Italy | The Observatory of Economic Complexity

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Exports In 2022, Italy exported $574M in Chemical Analysis Instruments, making it the 20th largest exporter of Chemical Analysis Instruments in the world. At the same year, Chemical Analysis Instruments was the 222nd most exported product in Italy. The main destination of Chemical Analysis Instruments exports from Italy are: United States ($71.1M), Germany ($51.9M), France ($46.9M), Turkey ($36.6M), and Spain ($35.3M).

The fastest growing export markets for Chemical Analysis Instruments of Italy between 2021 and 2022 were Turkey ($8.54M), Brazil ($6.8M), and Malaysia ($3.29M).

Imports In 2022, Italy imported $1.26B in Chemical Analysis Instruments, becoming the 12th largest importer of Chemical Analysis Instruments in the world. At the same year, Chemical Analysis Instruments was the 103rd most imported product in Italy. Italy imports Chemical Analysis Instruments primarily from: Germany ($420M), United States ($179M), Netherlands ($133M), Czechia ($97.3M), and France ($60.1M).

The fastest growing import markets in Chemical Analysis Instruments for Italy between 2021 and 2022 were Czechia ($17.7M), Netherlands ($11.3M), and Poland ($9.28M).

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

Latest Trends

December 2023

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Overview In December 2023 Italy's Chemical Analysis Instruments exports accounted up to €42.1M and imports accounted up to €98.4M, resulting in a negative trade balance of €56.3M. Between December 2022 and December 2023 the exports of Italy's Chemical Analysis Instruments have increased by €1.67M (4.14%) from €40.4M to €42.1M, while imports increased by €6.03M (6.52%) from €92.4M to €98.4M.

Destinations In December 2023, Chemical Analysis Instruments were exported mostly to United States (€11M), France (€3.5M), Turkey (€3.43M), Germany (€3.1M), and China (€2.31M), and were imported mostly from Germany (€32.3M), Netherlands (€16.1M), France (€12.2M), United States (€10.4M), and Switzerland (€4.36M).

Growth In December 2023, the increase in Chemical Analysis Instruments's year-by-year exports was explained primarily by an increase in exports to France (€2.34M or 87.4%), South Korea (€495k or 99.9%), and United States (€335k or 9.98%). In December 2023, the increase in Chemical Analysis Instruments's year-by-year imports was explained primarily by an increase in imports from Netherlands (€3.34M or 35.4%), France (€2.57M or 94.3%), and Germany (€1.97M or 7.01%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (December 2022 - December 2023)€1.67M(4.14%)

IMPORT GROWTH (December 2022 - December 2023)€6.03M(6.52%)

MAIN DESTINATION (December 2023)United States€11M

This section shows Chemical Analysis 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 Chemical Analysis Instruments over time.

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