Italy | Imports and Exports | World | Articles of iron or steel | Value (US$) and Value Growth, YoY (%) | 2012 - 2023
The value of exports of commodity group 73 "Articles of iron or steel" from Italy totalled $ 22 billion in 2023. Sales of commodity group 73 from Italy decreased by 1.13% in value terms compared to 2022. exports of commodity group 73 "Articles of iron or steel" decreased by $ 258 million (cumulative exports of commodity group 73 from Italy amounted $22 billion in 2022)
Exports of commodity group 73 "Articles of iron or steel" amounted to 3.33% of total exports from Italy (cumulative merchandise exports from Italy totalled $ 677 billion in 2023). The share of commodity group 73 in total exports from Italy decreased by 0.128 p.p. compared to 2022 (it was 3.46% in 2022 and cumulative exports from Italy were equal to $ 659 billion).
Where does Italy export Articles of iron or steel?
Top export destinations of "Articles of iron or steel" from Italy in 2023:
- Germany with a share of 18.2% (4.1 billion US$)
- France with a share of 12.9% (2.92 billion US$)
- USA with a share of 6.93% (1.56 billion US$)
- Spain with a share of 4.73% (1.06 billion US$)
- Poland with a share of 4.44% (1 billion US$)
- United Kingdom with a share of 3.74% (845 million US$)
- Austria with a share of 2.92% (660 million US$)
- Netherlands with a share of 2.88% (650 million US$)
- Romania with a share of 2.7% (609 million US$)
- Switzerland with a share of 2.59% (584 million US$)
Exports structure of 73 - Articles of iron or steel - from Italy in 2023 represented by the following main commodity groups:
- 20% (4.72 billion US$): 7326 - Other articles of iron or steel
- 18.8% (4.25 billion US$): 7306 - Other tubes, pipes and hollow profiles (for example, open seam or welded, riveted or similarly closed), of iron or steel
- 10.8% (2.45 billion US$): 7318 - Screws, bolts, nuts, coach screws, screw hooks, rivets, cotters, cotter-pins, washers (including spring washers) and similar articles, of iron or steel
- 9.51% (2.14 billion US$): 7307 - Tube or pipe fittings (for example, couplings, elbows, sleeves), of iron or steel
- 8.98% (2.02 billion US$): 7308 - Structures (excluding prefabricated buildings of heading 94.06) and parts of structures (for example, bridges and bridge-sections, lock-gates, towers, lattice masts, roofs, roofing frame-works, doors and windows and their frames and thresholds for doors, shutters, balustrades, pillars and columns), of iron or steel; plates, rods, angles, shapes, sections, tubes and the like, prepared for use in structures, of iron or steel
- 7.88% (1.77 billion US$): 7304 - Tubes, pipes and hollow profiles, seamless, of iron (other than cast iron) or steel.
- 3.9% (880 million US$): 7321 - Stoves, ranges, grates, cookers (including those with subsidiary boilers for central heating), barbecues, braziers, gas-rings, plate warmers and similar non-electric domestic appliances, and parts thereof, of iron or steel
- 2.46% (555 million US$): 7310 - Tanks, casks, drums, cans, boxes and similar containers, for any material (other than compressed or liquefied gas), of iron or steel, of a capacity not exceeding 300 l, whether or not lined or heat-insulated, but not fitted with mechanical or thermal equipment
- 2.46% (555 million US$): 7314 - Cloth (including endless bands), grill, netting and fencing, of iron or steel wire; expanded metal of iron or steel
- 1.85% (419 million US$): 7325 - Other cast articles of iron or steel
The value of imports of commodity group 73 "Articles of iron or steel" to Italy totalled $ 8.58 billion in 2023. Sales of commodity group 73 to Italy decreased by 4.57% in value terms compared to 2022. imports of commodity group 73 "Articles of iron or steel" decreased by $ 411 million (the value of imports of commodity group 73 to Italy was equal to $8.99 billion in 2022)
Imports of commodity group 73 "Articles of iron or steel" accounted for 1.34% of total import flow to Italy (in 2023, total imports to Italy amounted to $ 639 billion). The share of commodity group 73 in total imports to Italy increased by 0.047 p.p. compared to 2022 (it was 1.29% in 2022 and cumulative imports to Italy were equal to $ 695 billion).
Where does Italy import Articles of iron or steel from?
Top trading partners (import of "Articles of iron or steel") of Italy in 2023:
- Germany with a share of 20% (1.75 billion US$)
- China with a share of 15.4% (1.32 billion US$)
- France with a share of 6.66% (571 million US$)
- Romania with a share of 5.54% (475 million US$)
- Spain with a share of 4.88% (418 million US$)
- Austria with a share of 4.38% (376 million US$)
- Turkey with a share of 4.28% (367 million US$)
- India with a share of 3.64% (313 million US$)
- Poland with a share of 3.24% (278 million US$)
- Czech Republic with a share of 2.73% (234 million US$)
Imports structure of 73 - Articles of iron or steel - to Italy in 2023 represented by the following main commodity groups:
- 17% (1.46 billion US$): 7326 - Other articles of iron or steel
- 15.1% (1.3 billion US$): 7318 - Screws, bolts, nuts, coach screws, screw hooks, rivets, cotters, cotter-pins, washers (including spring washers) and similar articles, of iron or steel
- 12% (1.03 billion US$): 7308 - Structures (excluding prefabricated buildings of heading 94.06) and parts of structures (for example, bridges and bridge-sections, lock-gates, towers, lattice masts, roofs, roofing frame-works, doors and windows and their frames and thresholds for doors, shutters, balustrades, pillars and columns), of iron or steel; plates, rods, angles, shapes, sections, tubes and the like, prepared for use in structures, of iron or steel
- 11.7% (1 billion US$): 7304 - Tubes, pipes and hollow profiles, seamless, of iron (other than cast iron) or steel.
- 6.56% (563 million US$): 7325 - Other cast articles of iron or steel
- 6.35% (545 million US$): 7307 - Tube or pipe fittings (for example, couplings, elbows, sleeves), of iron or steel
- 3.79% (325 million US$): 7306 - Other tubes, pipes and hollow profiles (for example, open seam or welded, riveted or similarly closed), of iron or steel
- 3.61% (310 million US$): 7302 - Railway or tramway track construction material of iron or steel, the following : rails, check-rails and rack rails, switch blades, crossing frogs, point rods and other crossing pieces, sleepers (cross-ties), fish-plates, chairs, chair wedges, sole plates (base plates), rail clips, bedplates, ties and other material specialized for jointing or fixing rails
- 3.13% (268 million US$): 7321 - Stoves, ranges, grates, cookers (including those with subsidiary boilers for central heating), barbecues, braziers, gas-rings, plate warmers and similar non-electric domestic appliances, and parts thereof, of iron or steel
- 2.44% (210 million US$): 7312 - Stranded wire, ropes, cables, plaited bands, slings and the like, of iron or steel, not electrically insulated
