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2022
Exports $673MWorld Rnk 6 / 174
Flag Rnk 201 / 1217
2022
Destination $44.8M United States
2021 - 2022
FASTEST GROWING MARKET $44.8MUnited States
2022
PRODUCT COMPLEXITY IN Other Construction Vehicles-0.93Rnk 822 / 1025
2022
Imports $155MWorld Rnk 21 / 215
Flag Rnk 486 / 1215
2022
Origin $31.7M China
2021 - 2022
FASTEST GROWING ORIGIN $31.7MChina
2022
ECONOMIC COMPLEXITY of Italy1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $673M in Other Construction Vehicles, making it the 6th largest exporter of Other Construction Vehicles in the world. At the same year, Other Construction Vehicles was the 201st most exported product in Italy. The main destination of Other Construction Vehicles exports from Italy are: United States ($176M), Russia ($45.4M), United Kingdom ($40.5M), France ($39M), and Australia ($38.4M).

The fastest growing export markets for Other Construction Vehicles of Italy between 2021 and 2022 were United States ($44.8M), Russia ($26M), and Australia ($9.49M).

Imports In 2022, Italy imported $155M in Other Construction Vehicles, becoming the 21st largest importer of Other Construction Vehicles in the world. At the same year, Other Construction Vehicles was the 486th most imported product in Italy. Italy imports Other Construction Vehicles primarily from: China ($49.9M), Germany ($20.8M), United States ($16.5M), Netherlands ($12.3M), and Japan ($7.86M).

The fastest growing import markets in Other Construction Vehicles for Italy between 2021 and 2022 were China ($31.7M), United States ($6.17M), and Austria ($2.65M).

COMPANIES In 2023, leading companies such as CNH Industrial (2) were at the forefront of shipping Other Construction Vehicles from Italy to the United States.

Latest Trends

March 2024

About

Overview In March 2024 Italy's Other Construction Vehicles exports accounted up to €60.7M and imports accounted up to €36.2M, resulting in a positive trade balance of €24.5M. Between March 2023 and March 2024 the exports of Italy's   Other Construction Vehicles have increased by €5.1M (9.17%) from €55.6M to €60.7M, while imports increased by €21.9M (153%) from €14.3M to €36.2M.

Destinations In March 2024, Other Construction Vehicles were exported mostly to United States (€20.2M), France (€6.8M), Australia (€4.08M), Canada (€2.27M), and Germany (€2.13M), and were imported mostly from China (€31.8M), Germany (€1.04M), Netherlands (€732k), United States (€658k), and France (€591k).

Growth In March 2024, the increase in Other Construction Vehicles's year-by-year exports was explained primarily by an increase in exports to United States (€7.2M or 107%), United Kingdom (€1.51M or 90.7%), and Saudi Arabia (€1.28M or 2.02k%). In March 2024, the increase in Other Construction Vehicles's year-by-year imports was explained primarily by an increase in imports from Germany (€3.99M or 280%), Netherlands (€3.22M or 1.29k%), and Sweden (€1.76M or 4.45k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2023 - March 2024)€5.1M(9.17%)
IMPORT GROWTH (March 2023 - March 2024)€21.9M(153%)
MAIN DESTINATION (March 2024)United States€20.2M

This section shows Other Construction Vehicles'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 Construction Vehicles over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$673M
IMPORTS (2022)$155M
NET TRADE (2022)$518M

In 2022, Italy exported $673M in Other Construction Vehicles. The main destinations of Italy exports on Other Construction Vehicles were United States ($176M), Russia ($45.4M), United Kingdom ($40.5M), France ($39M), and Australia ($38.4M).

In 2022, Italy imported $155M in Other Construction Vehicles, mainly from China ($49.9M), Germany ($20.8M), United States ($16.5M), Netherlands ($12.3M), and Japan ($7.86M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Construction Vehicles EXPORT MARKETS FOR Italy WERE (2021 - 2022):
United States$44.8M (34.2%)
Russia$26M (134%)
Australia$9.49M (32.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Construction Vehicles BY Italy WERE (2021 - 2022):
Egypt-$20.6M (-61.9%)
United Arab Emirates-$15.4M (-85.9%)
Poland-$14.2M (-67.3%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Other Construction Vehicles were:
China $2.42B
Germany $1.45B
United States $1.23B
In 2022, Italy's main importing competitors in Other Construction Vehicles were:
United States $1.62B
Canada $778M
India $571M

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Trade Value of Other Construction Vehicles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $12.1M
TOP IMPORT POTENTIALGermany+ $7.64M

Other Construction Vehicles’s highest export potential is France. With an export gap of $12.1M.   Other Construction Vehicles’s highest import potential is Germany with an import gap of $7.64M.

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