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2022
Exports $70.5MWorld Rnk 5 / 116
Flag Rnk 641 / 1217
2022
Destination $3.22M Peru
2021 - 2022
FASTEST GROWING MARKET $3.22MPeru
2022
PRODUCT COMPLEXITY IN Hydraulic Turbines-0.028Rnk 553 / 1025
2022
Imports $23MWorld Rnk 15 / 195
Flag Rnk 901 / 1215
2022
Origin $2.13M Austria
2021 - 2022
FASTEST GROWING ORIGIN $2.13MAustria
2022
ECONOMIC COMPLEXITY of Italy1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $70.5M in Hydraulic Turbines, making it the 5th largest exporter of Hydraulic Turbines in the world. At the same year, Hydraulic Turbines was the 641st most exported product in Italy. The main destination of Hydraulic Turbines exports from Italy are: Peru ($9.22M), France ($6.72M), Chile ($6.61M), Switzerland ($6.26M), and Austria ($5.27M).

The fastest growing export markets for Hydraulic Turbines of Italy between 2021 and 2022 were Peru ($3.22M), China ($2.46M), and Chile ($2.42M).

Imports In 2022, Italy imported $23M in Hydraulic Turbines, becoming the 15th largest importer of Hydraulic Turbines in the world. At the same year, Hydraulic Turbines was the 901st most imported product in Italy. Italy imports Hydraulic Turbines primarily from: Austria ($5.22M), Germany ($4.15M), China ($3.58M), Slovenia ($2.69M), and Czechia ($2.29M).

The fastest growing import markets in Hydraulic Turbines for Italy between 2021 and 2022 were Austria ($2.13M), France ($511k), and Turkey ($510k).

COMPANIES In 2023, leading companies such as Parker (1) were at the forefront of shipping Hydraulic Turbines from Italy to the United States.

Latest Trends

March 2024

About

Overview In March 2024 Italy's Hydraulic Turbines exports accounted up to €6.35M and imports accounted up to €1M, resulting in a positive trade balance of €5.35M. Between March 2023 and March 2024 the exports of Italy's   Hydraulic Turbines have increased by €2.3M (56.7%) from €4.05M to €6.35M, while imports decreased by €-173k (-14.7%) from €1.18M to €1M.

Destinations In March 2024, Hydraulic Turbines were exported mostly to France (€2.13M), Switzerland (€1.5M), Japan (€1.31M), Austria (€560k), and United Kingdom (€331k), and were imported mostly from Sweden (€371k), Slovenia (€177k), Ireland (€92.7k), France (€84.3k), and Germany (€69.6k).

Growth In March 2024, the increase in Hydraulic Turbines's year-by-year exports was explained primarily by an increase in exports to United Kingdom (€123k or 288%), Germany (€70.8k or 70.8%), and United States (€67.1k or 72.6%). In March 2024, the decrease in Hydraulic Turbines's year-by-year imports was explained primarily by a decrease in imports from Spain (€-38.4k or -99.4%) and United States (€-11.6k or -73%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2023 - March 2024)€2.3M(56.7%)
IMPORT GROWTH (March 2023 - March 2024)€-173k(-14.7%)
MAIN DESTINATION (March 2024)France€2.13M

This section shows Hydraulic 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 Hydraulic Turbines over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$70.5M
IMPORTS (2022)$23M
NET TRADE (2022)$47.5M

In 2022, Italy exported $70.5M in Hydraulic Turbines. The main destinations of Italy exports on Hydraulic Turbines were Peru ($9.22M), France ($6.72M), Chile ($6.61M), Switzerland ($6.26M), and Austria ($5.27M).

In 2022, Italy imported $23M in Hydraulic Turbines, mainly from Austria ($5.22M), Germany ($4.15M), China ($3.58M), Slovenia ($2.69M), and Czechia ($2.29M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hydraulic Turbines EXPORT MARKETS FOR Italy WERE (2021 - 2022):
Peru$3.22M (53.6%)
China$2.46M (8.38k%)
Chile$2.42M (57.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hydraulic Turbines BY Italy WERE (2021 - 2022):
Switzerland-$3.68M (-37%)
France-$2.33M (-25.8%)
Slovenia-$1.54M (-78.8%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Hydraulic Turbines were:
China $225M
Austria $127M
Germany $88.9M
In 2022, Italy's main importing competitors in Hydraulic Turbines were:
Russia $65.9M
United States $58.5M
Vietnam $53.8M

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Trade Value of Hydraulic Turbines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.2M
TOP IMPORT POTENTIALAustria+ $1M

Hydraulic Turbines’s highest export potential is United States. With an export gap of $1.2M.   Hydraulic Turbines’s highest import potential is Austria with an import gap of $1M.

See methodology.

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