Other Firearms in Italy | The Observatory of Economic Complexity

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Exports In 2022, Italy exported $441M in Other Firearms, making it the 1st largest exporter of Other Firearms in the world. At the same year, Other Firearms was the 261st most exported product in Italy. The main destination of Other Firearms exports from Italy are: United States ($259M), France ($31.8M), United Kingdom ($19.2M), Canada ($16.6M), and Germany ($15.8M).

The fastest growing export markets for Other Firearms of Italy between 2021 and 2022 were United States ($17.2M), Brazil ($4.71M), and Germany ($3.58M).

Imports In 2022, Italy imported $19.1M in Other Firearms, becoming the 15th largest importer of Other Firearms in the world. At the same year, Other Firearms was the 926th most imported product in Italy. Italy imports Other Firearms primarily from: Belgium ($6.63M), United States ($3.37M), Germany ($1.98M), Turkey ($1.45M), and Finland ($1.41M).

The fastest growing import markets in Other Firearms for Italy between 2021 and 2022 were Belgium ($893k), United States ($522k), and Germany ($289k).

COMPANIES In 2023, leading companies such as PACCAR ENGINE COMPANY (122) and CUMMINS ROCKY MOUNT ENGINE PLANT (6) were at the forefront of shipping Other Firearms from Italy to the United States.

Latest Trends

December 2023

About

Overview In December 2023 Italy's Other Firearms exports accounted up to €31.1M and imports accounted up to €61.2k, resulting in a positive trade balance of €31M. Between December 2022 and December 2023 the exports of Italy's Other Firearms have decreased by €-4.97M (-13.8%) from €36.1M to €31.1M, while imports decreased by €-198k (-76.4%) from €259k to €61.2k.

Destinations In December 2023, Other Firearms were exported mostly to N/A, and were imported mostly from Germany (€40.4k), Turkey (€17k), Switzerland (€3.81k), and Netherlands (€100).

Growth In December 2023, the decrease in Other Firearms's year-by-year exports was explained primarily by a decrease in exports to Switzerland (€-71k or -33.7%), United States (€-13.1k or -0.11%), and Belgium (€-8.36k or -48.1%). In December 2023, the decrease in Other Firearms's year-by-year imports was explained primarily by a decrease in imports from .

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (December 2022 - December 2023)€-4.97M(-13.8%)

IMPORT GROWTH (December 2022 - December 2023)€-198k(-76.4%)

This section shows Other Firearms'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 Firearms over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

EXPORTS (2022)$441M

IMPORTS (2022)$19.1M

NET TRADE (2022)$422M

In 2022, Italy exported $441M in Other Firearms. The main destinations of Italy exports on Other Firearms were United States ($259M), France ($31.8M), United Kingdom ($19.2M), Canada ($16.6M), and Germany ($15.8M).

In 2022, Italy imported $19.1M in Other Firearms, mainly from Belgium ($6.63M), United States ($3.37M), Germany ($1.98M), Turkey ($1.45M), and Finland ($1.41M).

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