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Italy Trade Summary

2008

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 2008

Overall Exports and Imports for Italy 2008

Exports and imports of Italy in 2008 are below, along with number of countries and products

  • The total value of exports (FoB) was 542,728 million.
  • The total value of imports (CIF) was 561,899 million.
  • At the HS6 digit level, 4,510 products were exported to 221 countries and 4,587 products were imported from 213 countries.

Italy top 5 Export and Import partners 2008

Top five countries to which Italy exported in 2008 are below, along with the percent of total exports that went to that country:

  1. Italy exports to Germany worth US$ 69,285 million, with a partner share of 12.77 percent.
  2. Italy exports to France worth US$ 60,976 million, with a partner share of 11.24 percent.
  3. Italy exports to Spain worth US$ 35,479 million, with a partner share of 6.54 percent.
  4. Italy exports to United States worth US$ 33,874 million, with a partner share of 6.24 percent.
  5. Italy exports to United Kingdom worth US$ 28,425 million, with a partner share of 5.24 percent.

Top five countries from which Italy imported goods in 2008 are below, along with percent of total imports that came from the country :

  1. Italy imports from Germany worth US$ 89,989 million, with a partner share of 16.02 percent.
  2. Italy imports from France worth US$ 48,348 million, with a partner share of 8.60 percent.
  3. Italy imports from China worth US$ 34,719 million, with a partner share of 6.18 percent.
  4. Italy imports from Netherlands worth US$ 30,178 million, with a partner share of 5.37 percent.
  5. Italy imports from Libya worth US$ 25,605 million, with a partner share of 4.56 percent.

Italy Top 5 Productsexports imports at HS 6 digit level 2008

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 US$ 21,419,383.50 million.
  2. Italy exported Other medicaments of mixed or unmixed products, , worth US$ 9,988,988.08 million.
  3. Italy exported Motor vehicle parts nes , worth US$ 9,075,523.19 million.
  4. Italy exported Taps, cocks, valves and similar appliances, nes , worth US$ 6,736,540.94 million.
  5. Italy exported Art. of jewellery and pts thereof of/o prec mtl , worth US$ 5,447,444.98 million.

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 US$ 58,872,808.32 million.
  2. Italy imported Automobiles with diesel engine displacing more , worth US$ 14,408,585.49 million.
  3. Italy imported Other medicaments of mixed or unmixed products, , worth US$ 10,708,717.32 million.
  4. Italy imported Petroleum oils, etc, (excl. crude); preparation , worth US$ 10,182,314.76 million.
  5. Italy imported Automobiles with reciprocating piston engine di , worth US$ 7,132,376.26 million.

Exports and Imports of Product Groups 2008

Exports and imports of products by stages of processing in 2008 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2008

Tariffs imposed by Italy in 2008 are below

  • The maximum rate of tariff in percentage on any product was 247.32 percent.
  • The simple average tariff across all products was 2.35 percent.
  • The trade weighted average tariff was 1.39 .
  • The total duty free imports in thousands of US dollars were 171,551,226.36 and duty free tariff line items share was 62.64 percent.

Development Indicators 2008

Key Development Indicators of Italy in 2008 are below

  • Italy GDP in current US dollar was 2,408,655 million.
  • GNI per capita, Atlas method (current US$) was 37,980.00 .
  • Italy Trade balance: as % of GDP was -0.77.
  • Trade balance in current US$ was -18,482.00 million.
  • Trade as percentage of GDP was 54.49 .
  • Trade in services as percentage of GDP was 10.33 .

Trade Indicators 2008

Trade Indicators for Italy in 2008 are below

  • Hirschman Herfindahl market concentration index was 0.04.
  • Index of export market penetration was 39.23.
  • World Growth in percentage was 7.43 and Italy Country Growth was 4.96 .