Buses in Italy | The Observatory of Economic Complexity

About

Exports In 2022, Italy exported $124M in Buses, making it the 21st largest exporter of Buses in the world. At the same year, Buses was the 534th most exported product in Italy. The main destination of Buses exports from Italy are: France ($20.3M), Belgium ($12.2M), Germany ($11.5M), Colombia ($8.4M), and Spain ($8.35M).

The fastest growing export markets for Buses of Italy between 2021 and 2022 were Colombia ($8.06M), Belgium ($7.46M), and Romania ($5.39M).

Imports In 2022, Italy imported $659M in Buses, becoming the 4th largest importer of Buses in the world. At the same year, Buses was the 196th most imported product in Italy. Italy imports Buses primarily from: Turkey ($148M), Czechia ($138M), Poland ($105M), France ($84.3M), and Germany ($67.5M).

The fastest growing import markets in Buses for Italy between 2021 and 2022 were Turkey ($57.9M), Czechia ($20.5M), and Poland ($19.2M).

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

Latest Trends

March 2024

About

Overview In March 2024 Italy's Buses exports accounted up to €33.2M and imports accounted up to €104M, resulting in a negative trade balance of €70.5M. Between March 2023 and March 2024 the exports of Italy's Buses have increased by €24M (262%) from €9.17M to €33.2M, while imports decreased by €-2.97M (-2.78%) from €107M to €104M.

Destinations In March 2024, Buses were exported mostly to Germany (€7.82M), Netherlands (€5.22M), France (€4.89M), Spain (€2.9M), and Poland (€2.67M), and were imported mostly from Poland (€26.3M), France (€20.3M), Turkey (€19.9M), Spain (€10.2M), and Germany (€7.39M).

Growth In March 2024, the increase in Buses's year-by-year exports was explained primarily by an increase in exports to Poland (€1.08M or 643%), Tunisia (€903k or 6.64k%), and Spain (€469k or 162%). In March 2024, the decrease in Buses's year-by-year imports was explained primarily by a decrease in imports from Belgium (€-532k or -78.8%) and Switzerland (€-152k or -80.8%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (March 2023 - March 2024)€24M(262%)

IMPORT GROWTH (March 2023 - March 2024)€-2.97M(-2.78%)

MAIN DESTINATION (March 2024)Germany€7.82M

This section shows Buses'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 Buses over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$124M

IMPORTS (2022)$659M

NET TRADE (2022)-$535M

In 2022, Italy exported $124M in Buses. The main destinations of Italy exports on Buses were France ($20.3M), Belgium ($12.2M), Germany ($11.5M), Colombia ($8.4M), and Spain ($8.35M).

In 2022, Italy imported $659M in Buses, mainly from Turkey ($148M), Czechia ($138M), Poland ($105M), France ($84.3M), and Germany ($67.5M).

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