Sign In
Pricing

2022
Exports $3.53BWorld Rnk 11 / 192
Flag Rnk 36 / 1217
2022
Destination $359M United States
2021 - 2022
FASTEST GROWING MARKET $359MUnited States
2022
PRODUCT COMPLEXITY IN Gas Turbines0.71Rnk 270 / 1025
2022
Imports $2.92BWorld Rnk 14 / 207
Flag Rnk 32 / 1215
2022
Origin $186M United States
2021 - 2022
FASTEST GROWING ORIGIN $186MFrance
2022
ECONOMIC COMPLEXITY of Italy1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $3.53B in Gas Turbines, making it the 11th largest exporter of Gas Turbines in the world. At the same year, Gas Turbines was the 36th most exported product in Italy. The main destination of Gas Turbines exports from Italy are: United States ($833M), United Kingdom ($322M), Germany ($248M), Qatar ($243M), and China ($193M).

The fastest growing export markets for Gas Turbines of Italy between 2021 and 2022 were United States ($359M), Qatar ($140M), and Libya ($57.1M).

Imports In 2022, Italy imported $2.92B in Gas Turbines, becoming the 14th largest importer of Gas Turbines in the world. At the same year, Gas Turbines was the 32nd most imported product in Italy. Italy imports Gas Turbines primarily from: United States ($982M), United Kingdom ($545M), France ($323M), Netherlands ($236M), and Germany ($128M).

The fastest growing import markets in Gas Turbines for Italy between 2021 and 2022 were France ($186M), United Kingdom ($167M), and Netherlands ($118M).

COMPANIES In 2023, leading companies such as BOEING (21), Arhaus (3), and Givaudan Fragrances (1) were at the forefront of shipping Gas Turbines from Italy to the United States.

Latest Trends

March 2024

About

Overview In March 2024 Italy's Gas Turbines exports accounted up to €406M and imports accounted up to €266M, resulting in a positive trade balance of €140M. Between March 2023 and March 2024 the exports of Italy's   Gas Turbines have increased by €39.5M (10.8%) from €367M to €406M, while imports increased by €82.7M (45.1%) from €183M to €266M.

Destinations In March 2024, Gas Turbines were exported mostly to United States (€77.1M), France (€32.7M), Germany (€29.6M), Qatar (€28.4M), and United Kingdom (€24.6M), and were imported mostly from United States (€123M), France (€46.3M), Germany (€23M), United Kingdom (€8.84M), and Canada (€8.69M).

Growth In March 2024, the increase in Gas Turbines's year-by-year exports was explained primarily by an increase in exports to United States (€22.3M or 59.6%), Mexico (€18.8M or 10.6k%), and China (€15.1M or 246%). In March 2024, the increase in Gas Turbines's year-by-year imports was explained primarily by an increase in imports from Netherlands (€11.3M or 232%), Hungary (€8.22M or 157%), and Germany (€4.06M or 43.3%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2023 - March 2024)€39.5M(10.8%)
IMPORT GROWTH (March 2023 - March 2024)€82.7M(45.1%)
MAIN DESTINATION (March 2024)United States€77.1M

This section shows Gas Turbines'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 Gas Turbines over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$3.53B
IMPORTS (2022)$2.92B
NET TRADE (2022)$617M

In 2022, Italy exported $3.53B in Gas Turbines. The main destinations of Italy exports on Gas Turbines were United States ($833M), United Kingdom ($322M), Germany ($248M), Qatar ($243M), and China ($193M).

In 2022, Italy imported $2.92B in Gas Turbines, mainly from United States ($982M), United Kingdom ($545M), France ($323M), Netherlands ($236M), and Germany ($128M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Gas Turbines EXPORT MARKETS FOR Italy WERE (2021 - 2022):
United States$359M (75.6%)
Qatar$140M (137%)
Libya$57.1M (843%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Gas Turbines BY Italy WERE (2021 - 2022):
China-$262M (-57.6%)
Singapore-$167M (-83.5%)
Norway-$78.9M (-89%)
Explore Visualizations

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Gas Turbines were:
United States $32.5B
United Kingdom $29.2B
France $13.6B
In 2022, Italy's main importing competitors in Gas Turbines were:
United States $26.2B
United Kingdom $11.5B
China $9.91B

Explore Visualizations

Trade Value of Gas Turbines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $151M
TOP IMPORT POTENTIALFrance+ $192M

Gas Turbines’s highest export potential is United States. With an export gap of $151M.   Gas Turbines’s highest import potential is France with an import gap of $192M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms