Weapons Parts and Accessories in Italy | The Observatory of Economic Complexity

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Exports In 2022, Italy exported $149M in Weapons Parts and Accessories, making it the 5th largest exporter of Weapons Parts and Accessories in the world. At the same year, Weapons Parts and Accessories was the 491st most exported product in Italy. The main destination of Weapons Parts and Accessories exports from Italy are: United States ($71.8M), Turkey ($10.5M), Germany ($9.77M), Kuwait ($6.57M), and Portugal ($5.12M).

The fastest growing export markets for Weapons Parts and Accessories of Italy between 2021 and 2022 were United States ($5.77M), Kuwait ($3.75M), and Brazil ($1.47M).

Imports In 2022, Italy imported $42.5M in Weapons Parts and Accessories, becoming the 16th largest importer of Weapons Parts and Accessories in the world. At the same year, Weapons Parts and Accessories was the 777th most imported product in Italy. Italy imports Weapons Parts and Accessories primarily from: Germany ($10.9M), Turkey ($9.23M), United States ($8.16M), Spain ($5.46M), and India ($1.96M).

The fastest growing import markets in Weapons Parts and Accessories for Italy between 2021 and 2022 were Germany ($4.81M), United States ($4.51M), and Spain ($2.3M).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Weapons Parts and Accessories from Italy to the United States.

Latest Trends

December 2023

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Overview In December 2023 Italy's Weapons Parts and Accessories exports accounted up to €9.48M and imports accounted up to €299k, resulting in a positive trade balance of €9.18M. Between December 2022 and December 2023 the exports of Italy's Weapons Parts and Accessories have decreased by €-761k (-7.43%) from €10.2M to €9.48M, while imports decreased by €-363k (-54.8%) from €662k to €299k.

Destinations In December 2023, Weapons Parts and Accessories were exported mostly to United States (€5.95M), Turkey (€1.21M), Germany (€713k), United Kingdom (€303k), and Belgium (€280k), and were imported mostly from Turkey (€171k), Switzerland (€45.6k), Germany (€23.4k), China (€21.4k), and France (€19.6k).

Growth In December 2023, the decrease in Weapons Parts and Accessories's year-by-year exports was explained primarily by a decrease in exports to Czechia (€-205k or -69.3%), United Kingdom (€-170k or -34.1%), and Turkey (€-97.4k or -16.4%). In December 2023, the decrease in Weapons Parts and Accessories's year-by-year imports was explained primarily by a decrease in imports from Germany (€-260k or -67.1%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (December 2022 - December 2023)€-761k(-7.43%)

IMPORT GROWTH (December 2022 - December 2023)€-363k(-54.8%)

MAIN DESTINATION (December 2023)United States€5.95M

This section shows Weapons Parts and Accessories'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 Weapons Parts and Accessories over time.

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