Recreational Boats in Italy | The Observatory of Economic Complexity

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Exports In 2022, Italy exported $3.5B in Recreational Boats, making it the 1st largest exporter of Recreational Boats in the world. At the same year, Recreational Boats was the 38th most exported product in Italy. The main destination of Recreational Boats exports from Italy are: United States ($769M), Cayman Islands ($394M), France ($389M), United Kingdom ($363M), and Malta ($191M).

The fastest growing export markets for Recreational Boats of Italy between 2021 and 2022 were United States ($215M), United Kingdom ($164M), and Jamaica ($50.3M).

Imports In 2022, Italy imported $431M in Recreational Boats, becoming the 11th largest importer of Recreational Boats in the world. At the same year, Recreational Boats was the 268th most imported product in Italy. Italy imports Recreational Boats primarily from: France ($116M), United Kingdom ($43M), United States ($31.1M), Hong Kong ($30.4M), and Tunisia ($24M).

The fastest growing import markets in Recreational Boats for Italy between 2021 and 2022 were Hong Kong ($29.1M), United States ($20.4M), and United Kingdom ($8.01M).

Latest Trends

January 2024

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Overview In January 2024 Italy's Recreational Boats exports accounted up to €143M and imports accounted up to €20M, resulting in a positive trade balance of €123M. Between January 2023 and January 2024 the exports of Italy's Recreational Boats have increased by €2.59M (1.84%) from €141M to €143M, while imports decreased by €-25.9M (-56.4%) from €46M to €20M.

Destinations In January 2024, Recreational Boats were exported mostly to United States (€57.4M), United Kingdom (€30.5M), Cayman Islands (€13.9M), France (€8.95M), and United Arab Emirates (€8.37M), and were imported mostly from France (€7.03M), Croatia (€3.74M), Slovenia (€1.75M), Cayman Islands (€1.69M), and Netherlands (€1.63M).

Growth In January 2024, the increase in Recreational Boats's year-by-year exports was explained primarily by an increase in exports to France (€7.77M or 130%), United Arab Emirates (€7.76M or 132%), and Portugal (€5.12M or 462%). In January 2024, the decrease in Recreational Boats's year-by-year imports was explained primarily by a decrease in imports from China (€-88k or -21.1%), Spain (€-56.8k or -56.9%), and Germany (€-29.2k or -3.99%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)€2.59M(1.84%)

IMPORT GROWTH (January 2023 - January 2024)€-25.9M(-56.4%)

MAIN DESTINATION (January 2024)United States€57.4M

This section shows Recreational Boats'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 Recreational Boats over time.

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