Opto-Electric Instrument Parts in Italy | The Observatory of Economic Complexity

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Exports In 2022, Italy exported $124M in Opto-Electric Instrument Parts, making it the 5th largest exporter of Opto-Electric Instrument Parts in the world. At the same year, Opto-Electric Instrument Parts was the 535th most exported product in Italy. The main destination of Opto-Electric Instrument Parts exports from Italy are: Germany ($17.3M), United States ($12.5M), France ($10.3M), Spain ($7.89M), and Denmark ($6.58M).

The fastest growing export markets for Opto-Electric Instrument Parts of Italy between 2021 and 2022 were United States ($3.82M), Japan ($2.23M), and Sweden ($2.09M).

Imports In 2022, Italy imported $74.9M in Opto-Electric Instrument Parts, becoming the 12th largest importer of Opto-Electric Instrument Parts in the world. At the same year, Opto-Electric Instrument Parts was the 667th most imported product in Italy. Italy imports Opto-Electric Instrument Parts primarily from: Germany ($19.3M), United States ($14M), Sweden ($8.1M), China ($5.7M), and Netherlands ($4.21M).

The fastest growing import markets in Opto-Electric Instrument Parts for Italy between 2021 and 2022 were Poland ($1.03M), Spain ($739k), and Chinese Taipei ($726k).

Latest Trends

January 2024

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Overview In January 2024 Italy's Opto-Electric Instrument Parts exports accounted up to €6.52M and imports accounted up to €4.88M, resulting in a positive trade balance of €1.64M. Between January 2023 and January 2024 the exports of Italy's Opto-Electric Instrument Parts have decreased by €-523k (-7.42%) from €7.04M to €6.52M, while imports increased by €253k (5.46%) from €4.63M to €4.88M.

Destinations In January 2024, Opto-Electric Instrument Parts were exported mostly to Germany (€1.44M), United States (€780k), France (€697k), Spain (€614k), and Switzerland (€523k), and were imported mostly from Germany (€1.55M), Netherlands (€736k), China (€718k), United States (€682k), and France (€368k).

Growth In January 2024, the decrease in Opto-Electric Instrument Parts's year-by-year exports was explained primarily by a decrease in exports to Chinese Taipei (€-448k or -97.7%), Spain (€-233k or -33.1%), and Switzerland (€-153k or -49.8%). In January 2024, the increase in Opto-Electric Instrument Parts's year-by-year imports was explained primarily by an increase in imports from Romania (€242k or 276%), Germany (€55k or 6.99%), and United Kingdom (€38k or 29.5%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)€-523k(-7.42%)

IMPORT GROWTH (January 2023 - January 2024)€253k(5.46%)

MAIN DESTINATION (January 2024)Germany€1.44M

This section shows Opto-Electric Instrument Parts'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 Opto-Electric Instrument Parts over time.

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