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Pricing

2022
Exports $207MWorld Rnk 7 / 161
Flag Rnk 418 / 1217
2022
Destination $10.9M United States
2021 - 2022
FASTEST GROWING MARKET $10.9MChina
2022
PRODUCT COMPLEXITY IN Metal Finishing Machines1.51Rnk 48 / 1025
2022
Imports $127MWorld Rnk 7 / 210
Flag Rnk 538 / 1215
2022
Origin $3.75M Germany
2021 - 2022
FASTEST GROWING ORIGIN $3.75MSpain
2022
ECONOMIC COMPLEXITY of Italy1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $207M in Metal Finishing Machines, making it the 7th largest exporter of Metal Finishing Machines in the world. At the same year, Metal Finishing Machines was the 418th most exported product in Italy. The main destination of Metal Finishing Machines exports from Italy are: United States ($34.4M), China ($33.6M), Germany ($11M), Turkey ($10.9M), and Poland ($9.86M).

The fastest growing export markets for Metal Finishing Machines of Italy between 2021 and 2022 were China ($10.9M), United States ($10.9M), and Vietnam ($5.77M).

Imports In 2022, Italy imported $127M in Metal Finishing Machines, becoming the 7th largest importer of Metal Finishing Machines in the world. At the same year, Metal Finishing Machines was the 538th most imported product in Italy. Italy imports Metal Finishing Machines primarily from: Germany ($54.2M), Switzerland ($34.5M), China ($5.91M), Spain ($5.33M), and Chinese Taipei ($5.24M).

The fastest growing import markets in Metal Finishing Machines for Italy between 2021 and 2022 were Spain ($3.75M), Czechia ($2.36M), and Chinese Taipei ($2.1M).

COMPANIES In 2023, leading companies such as Robert Bosch (1) were at the forefront of shipping Metal Finishing Machines from Italy to the United States.

Latest Trends

March 2024

About

Overview In March 2024 Italy's Metal Finishing Machines exports accounted up to €22.4M and imports accounted up to €4.75M, resulting in a positive trade balance of €17.7M. Between March 2023 and March 2024 the exports of Italy's   Metal Finishing Machines have increased by €2.48M (12.4%) from €19.9M to €22.4M, while imports decreased by €-2.01M (-29.7%) from €6.76M to €4.75M.

Destinations In March 2024, Metal Finishing Machines were exported mostly to United States (€4.42M), Switzerland (€3.23M), China (€3.2M), South Korea (€2.26M), and Indonesia (€1.72M), and were imported mostly from Switzerland (€2.33M), Germany (€1.77M), China (€327k), United States (€169k), and Turkey (€118k).

Growth In March 2024, the increase in Metal Finishing Machines's year-by-year exports was explained primarily by an increase in exports to China (€2.97M or 233%), Germany (€2.39M or 168%), and France (€610k or 131%). In March 2024, the decrease in Metal Finishing Machines's year-by-year imports was explained primarily by a decrease in imports from Switzerland (€-1.54M or -71.4%), United States (€-532k or -84.1%), and Germany (€-411k or -17.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2023 - March 2024)€2.48M(12.4%)
IMPORT GROWTH (March 2023 - March 2024)€-2.01M(-29.7%)
MAIN DESTINATION (March 2024)United States€4.42M

This section shows Metal Finishing Machines'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 Metal Finishing Machines over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$207M
IMPORTS (2022)$127M
NET TRADE (2022)$80M

In 2022, Italy exported $207M in Metal Finishing Machines. The main destinations of Italy exports on Metal Finishing Machines were United States ($34.4M), China ($33.6M), Germany ($11M), Turkey ($10.9M), and Poland ($9.86M).

In 2022, Italy imported $127M in Metal Finishing Machines, mainly from Germany ($54.2M), Switzerland ($34.5M), China ($5.91M), Spain ($5.33M), and Chinese Taipei ($5.24M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Metal Finishing Machines EXPORT MARKETS FOR Italy WERE (2021 - 2022):
China$10.9M (48.4%)
United States$10.9M (46.2%)
Vietnam$5.77M (161%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metal Finishing Machines BY Italy WERE (2021 - 2022):
Russia-$6.53M (-68.5%)
France-$5.2M (-41.8%)
South Korea-$4.72M (-73.4%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Metal Finishing Machines were:
Germany $779M
Switzerland $601M
Japan $534M
In 2022, Italy's main importing competitors in Metal Finishing Machines were:
China $836M
United States $544M
Germany $295M

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Trade Value of Metal Finishing Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $6.37M
TOP IMPORT POTENTIALSwitzerland+ $4.75M

Metal Finishing Machines’s highest export potential is China. With an export gap of $6.37M.   Metal Finishing Machines’s highest import potential is Switzerland with an import gap of $4.75M.

See methodology.

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