Italy
ECON COMPLEXITY (2018)
1.31
RANK 18 OF 137
PRODUCT EXPORTS (2018)
$540B
RANK 8 OF 222
EXPORTS PER CAPITA (2018)
$8.93K
RANK 130 OF 219
PRODUCT IMPORTS (2018)
$509B
RANK 9 OF 221
IMPORTS PER CAPITA (2018)
$8.43K
RANK 148 of 219
SERVICE EXPORTS (2017)
$101B
RANK 11 OF 139
SERVICE IMPORTS (2017)
$109B
RANK 12 OF 139
GDP (2018)
$2.08T
CURRENT US$
RANK 8 OF 196
GDP GROWTH (2008-2018)
-13.1%
CURRENT US$
RANK 187 OF 196
GDP PC (2018)
$34,483
CURRENT US$
RANK 29 OF 196
GDP PC GROWTH (2008-2018)
-15.4%
CURRENT US$
RANK 176 OF 196
Overview: This page contains the latest international trade data for Italy, including service trade data, and tariffs. In 2018 Italy was the number 8 economy in the world in terms of GDP (current US$), the number 8 in total exports, the number 9 in total imports, and the number 18 most complex economy according to the Economic Complexity Index (ECI). In 2018, Italy exported $540B and imported $509B, resulting in a positive trade balance of $30.4B. In 2018, Italy’s exports per capita were $8.93k and its imports per capita were $8.43k.
Trade: The top exports of Italy are Packaged Medicaments ($20.2B), Cars ($17.2B), Refined Petroleum ($16.1B), Vehicle Parts ($15.2B), and Valves ($8.27B). The top imports of Italy are Crude Petroleum($41.9B), Cars ($32.4B), Petroleum Gas ($18.2B), Packaged Medicaments ($16.9B), and Refined Petroleum ($10.3B).
Destinations: Italy exports mostly to Germany ($67.8B), France($56.4B), United States ($50.6B), Spain ($28B), and United Kingdom ($27.7B), and imports mostly from Germany ($81.2B), France ($42.9B), China ($35.6B), Spain ($25.4B), and Netherlands ($25.1B).
Location: Italy borders Austria, France, San Marino, Slovenia, and Switzerland by land and Albania, Algeria, Croatia, Greece, Libya, Malta, Montenegro, Spain, and Tunisia by sea.
Exports
In 2018 Italy exported a total of $540B, making it the number 8 exporter in the world. During the last five reported years the exports of Italy have changed by $38.3B from $501B in 2013 to $540B in 2018.
The most recent exports are led by Packaged Medicaments ($20.2B), Cars ($17.2B), Refined Petroleum ($16.1B), Vehicle Parts ($15.2B), and Valves ($8.27B).
Imports
In 2018 Italy imported $509B, making it the number 9 trade destination in the world. During the last five reported years the imports of Italy changed by $39.2B from $470B in 2013 to $509B in 2018.
The most recent imports of Italy are led by Crude Petroleum ($41.9B), Cars ($32.4B), Petroleum Gas ($18.2B), Packaged Medicaments ($16.9B), and Refined Petroleum ($10.3B).
Trade Balance
As of 2018 Italy had a positive trade balance of $40.8B in net exports. As compared to their trade balance in 1995 when they still had a positive trade balance of $25B in net exports.
Destinations
The most common destination for the exports of Italy are Germany ($67.8B), France ($56.4B), United States ($50.6B), Spain ($28B), and United Kingdom ($27.7B).
Origins
The most common import partners for Italy are Germany ($81.2B), France ($42.9B), China ($35.6B), Spain ($25.4B), and Netherlands ($25.1B).