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2022
Exports $433MWorld Rnk 19 / 214
Flag Rnk 266 / 1217
2022
Destination $68.5MN/A
2021 - 2022
FASTEST GROWING MARKET $68.5MRomania
2022
PRODUCT COMPLEXITY IN Telephones0.51Rnk 360 / 1025
2022
Imports $848MWorld Rnk 21 / 222
Flag Rnk 158 / 1215
2022
Origin $225M Romania
2021 - 2022
FASTEST GROWING ORIGIN $225MRomania
2022
ECONOMIC COMPLEXITY of Italy1.29Rnk 17 / 133

About

The fastest growing export markets for Telephones of Italy between 2021 and 2022 were Romania ($68.5M), Austria ($16M), and Ireland ($2.23M).

Imports In 2022, Italy imported $848M in Telephones, becoming the 21st largest importer of Telephones in the world. At the same year, Telephones was the 158th most imported product in Italy. Italy imports Telephones primarily from: Romania ($295M), China ($139M), Hungary ($110M), Netherlands ($86.5M), and Germany ($67.2M).

The fastest growing import markets in Telephones for Italy between 2021 and 2022 were Romania ($225M), Hungary ($25.6M), and Belgium ($12.8M).

COMPANIES In 2023, leading companies such as Schindler Elevators (21), Pirelli Tires (3), and Danfoss (2) were at the forefront of shipping Telephones from Italy to the United States.

Latest Trends

March 2024

About

Overview In March 2024 Italy's Telephones exports accounted up to €377M and imports accounted up to €754M, resulting in a negative trade balance of €377M. Between March 2023 and March 2024 the exports of Italy's   Telephones have decreased by €-22.2M (-5.56%) from €399M to €377M, while imports decreased by €-189M (-20%) from €943M to €754M.

Destinations In March 2024, Telephones were exported mostly to Spain (€164M), Switzerland (€42.3M), Netherlands (€21.6M), Greece (€20.7M), and United States (€16.1M), and were imported mostly from China (€275M), Netherlands (€98.2M), Vietnam (€76.2M), Indonesia (€74.7M), and Germany (€53M).

Growth In March 2024, the decrease in Telephones's year-by-year exports was explained primarily by a decrease in exports to Germany (€-12.8M or -55.4%), China (€-3.36M or -65.3%), and Japan (€-1.39M or -20.6%). In March 2024, the decrease in Telephones's year-by-year imports was explained primarily by a decrease in imports from N/A.

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2023 - March 2024)€-22.2M(-5.56%)
IMPORT GROWTH (March 2023 - March 2024)€-189M(-20%)
MAIN DESTINATION (March 2024)Spain€164M

This section shows Telephones'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 Telephones over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$433M
IMPORTS (2022)$848M
NET TRADE (2022)-$415M

In 2022, Italy imported $848M in Telephones, mainly from Romania ($295M), China ($139M), Hungary ($110M), Netherlands ($86.5M), and Germany ($67.2M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Telephones EXPORT MARKETS FOR Italy WERE (2021 - 2022):
Romania$68.5M (665%)
Austria$16M (117%)
Ireland$2.23M (128%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Telephones BY Italy WERE (2021 - 2022):
Netherlands-$59M (-40.7%)
Finland-$23.2M (-92.3%)
France-$15.4M (-21.8%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Telephones were:
China $42.8B
Vietnam $24.4B
South Korea $3.88B
In 2022, Italy's main importing competitors in Telephones were:
China $21.3B
Hong Kong $10.9B
Vietnam $9.43B

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Trade Value of Telephones by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $309M
TOP IMPORT POTENTIALChina+ $1.15B

Telephones’s highest export potential is United States. With an export gap of $309M.   Telephones’s highest import potential is China with an import gap of $1.15B.

See methodology.

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