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Italy Trade Summary

2014

Italy exports, imports, tariff by year.
Italy monthly trade data
Italy quarterly trade data

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 2014

Overall Exports and Imports for Italy 2014

Exports and imports of Italy in 2014 are below, along with number of countries and products

  • The total value of exports (FoB) was 529,529 million.
  • The total value of imports (CIF) was 474,083 million.
  • At the HS6 digit level, 4,472 products were exported to 226 countries and 4,562 products were imported from 208 countries.

Italy top 5 Export and Import partners 2014

Top five countries to which Italy exported in 2014 are below, along with the percent of total exports that went to that country:

  1. Italy exports to Germany worth US$ 66,568 million, with a partner share of 12.57 percent.
  2. Italy exports to France worth US$ 55,781 million, with a partner share of 10.53 percent.
  3. Italy exports to United States worth US$ 39,509 million, with a partner share of 7.46 percent.
  4. Italy exports to United Kingdom worth US$ 27,799 million, with a partner share of 5.25 percent.
  5. Italy exports to Switzerland worth US$ 25,329 million, with a partner share of 4.78 percent.

Top five countries from which Italy imported goods in 2014 are below, along with percent of total imports that came from the country :

  1. Italy imports from Germany worth US$ 72,235 million, with a partner share of 15.24 percent.
  2. Italy imports from France worth US$ 40,913 million, with a partner share of 8.63 percent.
  3. Italy imports from China worth US$ 33,305 million, with a partner share of 7.03 percent.
  4. Italy imports from Netherlands worth US$ 27,647 million, with a partner share of 5.83 percent.
  5. Italy imports from Russian Federation worth US$ 22,946 million, with a partner share of 4.84 percent.

Italy Top 5 Productsexports imports at HS 6 digit level 2014

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$ 17,490,996.18 million.
  2. Italy exported Other medicaments of mixed or unmixed products, , worth US$ 16,106,050.09 million.
  3. Italy exported Motor vehicle parts nes , worth US$ 6,481,762.43 million.
  4. Italy exported Taps, cocks, valves and similar appliances, nes , worth US$ 6,365,050.64 million.
  5. Italy exported Art. of jewellery and pts thereof of/o prec mtl , worth US$ 6,192,395.74 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$ 38,523,919.11 million.
  2. Italy imported Natural gas in gaseous state , worth US$ 19,211,977.73 million.
  3. Italy imported Other medicaments of mixed or unmixed products, , worth US$ 12,976,823.34 million.
  4. Italy imported Petroleum oils, etc, (excl. crude); preparation , worth US$ 11,598,079.94 million.
  5. Italy imported Automobiles with diesel engine displacing more , worth US$ 11,560,539.20 million.

Exports and Imports of Product Groups 2014

Exports and imports of products by stages of processing in 2014 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2014

Tariffs imposed by Italy in 2014 are below

  • The maximum rate of tariff in percentage on any product was 190.22 percent.
  • The simple average tariff across all products was 2.67 percent.
  • The trade weighted average tariff was 1.80 .
  • The total duty free imports in thousands of US dollars were 136,584,348.02 and duty free tariff line items share was 53.33 percent.

Development Indicators 2014

Key Development Indicators of Italy in 2014 are below

  • Italy GDP in current US dollar was 2,162,010 million.
  • GNI per capita, Atlas method (current US$) was 34,910.00 .
  • Italy Trade balance: as % of GDP was 2.90.
  • Trade balance in current US$ was 62,602.00 million.
  • Trade as percentage of GDP was 55.32 .
  • Trade in services as percentage of GDP was 10.71 .

Trade Indicators 2014

Trade Indicators for Italy in 2014 are below

  • Hirschman Herfindahl market concentration index was 0.04.
  • Index of export market penetration was 38.52.
  • World Growth in percentage was 0.23 and Italy Country Growth was 1.15 .