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Italy Trade Summary

2007

Italy exports, imports, tariff by year.

Country and Region
Year
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Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.

Imports/Exports


Products

TRADE SUMMARY FOR ITALY 2007

Overall Exports and Imports for Italy 2007

Exports and imports of Italy in 2007 are below, along with number of countries and products

  • The total value of exports (FoB) was 499,871 million.
  • The total value of imports (CIF) was 511,652 million.
  • At the HS6 digit level, 4,497 products were exported to 222 countries and 4,589 products were imported from 216 countries.

Italy top 5 Export and Import partners 2007

Top five countries to which Italy exported in 2007 are below, along with the percent of total exports that went to that country:

  1. Italy exports to Germany worth US$ 64,759 million, with a partner share of 12.96 percent.
  2. Italy exports to France worth US$ 57,548 million, with a partner share of 11.51 percent.
  3. Italy exports to Spain worth US$ 37,509 million, with a partner share of 7.50 percent.
  4. Italy exports to United States worth US$ 33,248 million, with a partner share of 6.65 percent.
  5. Italy exports to United Kingdom worth US$ 29,111 million, with a partner share of 5.82 percent.

Top five countries from which Italy imported goods in 2007 are below, along with percent of total imports that came from the country :

  1. Italy imports from Germany worth US$ 87,328 million, with a partner share of 17.07 percent.
  2. Italy imports from France worth US$ 46,662 million, with a partner share of 9.12 percent.
  3. Italy imports from China worth US$ 29,724 million, with a partner share of 5.81 percent.
  4. Italy imports from Netherlands worth US$ 28,226 million, with a partner share of 5.52 percent.
  5. Italy imports from Spain worth US$ 22,203 million, with a partner share of 4.34 percent.

Italy Top 5 Productsexports imports at HS 6 digit level 2007

The top five exported HS 6 digit level products to world by Italy along with trade value are:

  1. Italy exported Petroleum oils, etc, (excl. crude); preparation , worth 17,091,680.81 (US$ Thousands).
  2. Italy exported Other medicaments of mixed or unmixed products, , worth 9,780,666.16 (US$ Thousands).
  3. Italy exported Motor vehicle parts nes , worth 8,165,868.83 (US$ Thousands).
  4. Italy exported Taps, cocks, valves and similar appliances, nes , worth 5,643,340.24 (US$ Thousands).
  5. Italy exported Art. of jewellery and pts thereof of/o prec mtl , worth 5,469,199.58 (US$ Thousands).

The top five imported HS 6 digit level products from world by Italy along with trade value are

  1. Italy imported Petroleum oils and oils obtained from bituminou , worth 45,312,086.47 (US$ Thousands).
  2. Italy imported Automobiles with diesel engine displacing more , worth 15,799,366.96 (US$ Thousands).
  3. Italy imported Other medicaments of mixed or unmixed products, , worth 9,239,967.80 (US$ Thousands).
  4. Italy imported Petroleum oils, etc, (excl. crude); preparation , worth 7,602,448.97 (US$ Thousands).
  5. Italy imported Automobiles with reciprocating piston engine di , worth 6,637,336.65 (US$ Thousands).

Exports and Imports of Product Groups 2007

Exports and imports of products by stages of processing in 2007 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2007

Tariffs imposed by Italy in 2007 are below

  • The maximum rate of tariff in percentage on any product was 440.44 percent.
  • The simple average tariff across all products was 2.54 percent.
  • The trade weighted average tariff was 1.93 .
  • The total duty free imports in thousands of US dollars were 135,389,576.85 and duty free tariff line items share was 60.49 percent.

Development Indicators 2007

Key Development Indicators of Italy in 2007 are below

  • Italy GDP in current US dollar was 2,213,102 million.
  • GNI per capita, Atlas method (current US$) was 35,930.00 .
  • Italy Trade balance: as % of GDP was -0.34.
  • Trade balance in current US$ was -7,511.00 million.
  • Trade as percentage of GDP was 55.06 .
  • Trade in services as percentage of GDP was 11.05 .

Trade Indicators 2007

Trade Indicators for Italy in 2007 are below

  • Hirschman Herfindahl market concentration index was 0.19.
  • Index of export market penetration was 39.40.
  • World Growth in percentage was 183.19 and Italy Country Growth was 43.30 .