Metal Finishing Machines in Italy | The Observatory of Economic Complexity

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Exports In 2022, Italy exported $207M in Metal Finishing Machines, making it the 7th largest exporter of Metal Finishing Machines in the world. At the same year, Metal Finishing Machines was the 418th most exported product in Italy. The main destination of Metal Finishing Machines exports from Italy are: United States ($34.4M), China ($33.6M), Germany ($11M), Turkey ($10.9M), and Poland ($9.86M).

The fastest growing export markets for Metal Finishing Machines of Italy between 2021 and 2022 were China ($10.9M), United States ($10.9M), and Vietnam ($5.77M).

Imports In 2022, Italy imported $127M in Metal Finishing Machines, becoming the 7th largest importer of Metal Finishing Machines in the world. At the same year, Metal Finishing Machines was the 538th most imported product in Italy. Italy imports Metal Finishing Machines primarily from: Germany ($54.2M), Switzerland ($34.5M), China ($5.91M), Spain ($5.33M), and Chinese Taipei ($5.24M).

The fastest growing import markets in Metal Finishing Machines for Italy between 2021 and 2022 were Spain ($3.75M), Czechia ($2.36M), and Chinese Taipei ($2.1M).

COMPANIES In 2023, leading companies such as ROBERT BOSCH TOOL CORPORATION (201) were at the forefront of shipping Metal Finishing Machines from Italy to the United States.

Latest Trends

December 2023

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Overview In December 2023 Italy's Metal Finishing Machines exports accounted up to €35.2M and imports accounted up to €11.3M, resulting in a positive trade balance of €24M. Between December 2022 and December 2023 the exports of Italy's Metal Finishing Machines have increased by €12.3M (53.4%) from €23M to €35.2M, while imports increased by €3.02M (36.6%) from €8.24M to €11.3M.

Destinations In December 2023, Metal Finishing Machines were exported mostly to China (€9.22M), South Korea (€3.6M), Germany (€3.11M), United States (€2.84M), and France (€2.68M), and were imported mostly from Germany (€9.4M), Switzerland (€918k), Taiwan (€282k), Japan (€234k), and Romania (€204k).

Growth In December 2023, the increase in Metal Finishing Machines's year-by-year exports was explained primarily by an increase in exports to China (€2.97M or 233%), Germany (€2.39M or 168%), and France (€610k or 131%). In December 2023, the increase in Metal Finishing Machines's year-by-year imports was explained primarily by an increase in imports from China (€247k or 85.6%), Spain (€196k or 284%), and Belgium (€27.4k or 277%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (December 2022 - December 2023)€12.3M(53.4%)

IMPORT GROWTH (December 2022 - December 2023)€3.02M(36.6%)

MAIN DESTINATION (December 2023)China€9.22M

This section shows Metal Finishing 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 Metal Finishing Machines over time.

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