2022
Exports
$2.28BWorld Rnk 4 / 187
Flag Rnk 64 / 1217
2022
PRODUCT COMPLEXITY IN Rubberworking Machinery
1.71Rnk 22 / 1025
2022
Imports
$801MWorld Rnk 7 / 213
Flag Rnk 164 / 1215
2022
ECONOMIC COMPLEXITY of Italy
1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $2.28B in Rubberworking Machinery, making it the 4th largest exporter of Rubberworking Machinery in the world. At the same year, Rubberworking Machinery was the 64th most exported product in Italy. The main destination of Rubberworking Machinery exports from Italy are: United States ($282M), Germany ($168M), Mexico ($110M), France ($110M), and China ($104M).

The fastest growing export markets for Rubberworking Machinery of Italy between 2021 and 2022 were Finland ($28M), Serbia ($16.4M), and Netherlands ($12.5M).

Imports In 2022, Italy imported $801M in Rubberworking Machinery, becoming the 7th largest importer of Rubberworking Machinery in the world. At the same year, Rubberworking Machinery was the 164th most imported product in Italy. Italy imports Rubberworking Machinery primarily from: Germany ($304M), China ($119M), Austria ($110M), Switzerland ($37.1M), and Japan ($33.8M).

The fastest growing import markets in Rubberworking Machinery for Italy between 2021 and 2022 were Germany ($21.4M), China ($10.7M), and Switzerland ($8.7M).

COMPANIES In 2023, leading companies such as John Deere (16), Goodyear Tire and Rubber (7), and Sumitomo Rubber (7) were at the forefront of shipping Rubberworking Machinery from Italy to the United States.

Historical Data

Trade Balance

Color
EXPORTS (2022)$2.28B
IMPORTS (2022)$801M
NET TRADE (2022)$1.48B

In 2022, Italy exported $2.28B in Rubberworking Machinery. The main destinations of Italy exports on Rubberworking Machinery were United States ($282M), Germany ($168M), Mexico ($110M), France ($110M), and China ($104M).

In 2022, Italy imported $801M in Rubberworking Machinery, mainly from Germany ($304M), China ($119M), Austria ($110M), Switzerland ($37.1M), and Japan ($33.8M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rubberworking Machinery EXPORT MARKETS FOR Italy WERE (2021 - 2022):
Finland$28M (566%)
Serbia$16.4M (187%)
Netherlands$12.5M (47.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rubberworking Machinery BY Italy WERE (2021 - 2022):
China-$49.4M (-32.1%)
Russia-$30.4M (-39.1%)
Romania-$23.8M (-32.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Rubberworking Machinery were:
China $7.21B
Japan $2.29B
In 2022, Italy's main importing competitors in Rubberworking Machinery were:

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Trade Value of Rubberworking Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $55M
TOP IMPORT POTENTIALChina+ $41.9M

Rubberworking Machinery’s highest export potential is China. With an export gap of $55M.   Rubberworking Machinery’s highest import potential is China with an import gap of $41.9M.

See methodology.

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