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Italy Trade Summary

2019

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 2019

Overall Exports and Imports for Italy 2019

Exports and imports of Italy in 2019 are below, along with number of countries and products

  • The total value of exports (FoB) was 537,748 million.
  • The total value of imports (CIF) was 474,957 million.
  • At the HS6 digit level, 4,423 products were exported to 232 countries and 4,528 products were imported from 212 countries.

Italy top 5 Export and Import partners 2019

Top five countries to which Italy exported in 2019 are below, along with the percent of total exports that went to that country:

  1. Italy exports to Germany worth US$ 65,510 million, with a partner share of 12.18 percent.
  2. Italy exports to France worth US$ 56,604 million, with a partner share of 10.53 percent.
  3. Italy exports to United States worth US$ 50,990 million, with a partner share of 9.48 percent.
  4. Italy exports to Switzerland worth US$ 29,151 million, with a partner share of 5.42 percent.
  5. Italy exports to United Kingdom worth US$ 28,249 million, with a partner share of 5.25 percent.

Top five countries from which Italy imported goods in 2019 are below, along with percent of total imports that came from the country :

  1. Italy imports from Germany worth US$ 76,779 million, with a partner share of 16.17 percent.
  2. Italy imports from France worth US$ 38,993 million, with a partner share of 8.21 percent.
  3. Italy imports from China worth US$ 35,449 million, with a partner share of 7.46 percent.
  4. Italy imports from Spain worth US$ 25,746 million, with a partner share of 5.42 percent.
  5. Italy imports from Netherlands worth US$ 24,906 million, with a partner share of 5.24 percent.

Italy Top 5 Productsexports imports at HS 6 digit level 2019

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

  1. Italy exported Other medicaments of mixed or unmixed products, , worth 17,299,786.11 (US$ Thousands).
  2. Italy exported Petroleum oils, etc, (excl. crude); preparation , worth 14,225,043.23 (US$ Thousands).
  3. Italy exported Human and animal blood; microbial cultures; tox , worth 7,232,222.61 (US$ Thousands).
  4. Italy exported Art. of jewellery and pts thereof of/o prec mtl , worth 6,559,449.19 (US$ Thousands).
  5. Italy exported Handbags with outer surface of leather, or comp , worth 5,545,163.87 (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 29,102,359.20 (US$ Thousands).
  2. Italy imported Natural gas in gaseous state , worth 12,657,360.85 (US$ Thousands).
  3. Italy imported Other medicaments of mixed or unmixed products, , worth 12,638,796.35 (US$ Thousands).
  4. Italy imported Automobiles with diesel engine displacing more , worth 10,090,756.90 (US$ Thousands).
  5. Italy imported Human and animal blood; microbial cultures; tox , worth 8,565,099.82 (US$ Thousands).

Exports and Imports of Product Groups 2019

Exports and imports of products by stages of processing in 2019 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2019

Tariffs imposed by Italy in 2019 are below

  • The maximum rate of tariff in percentage on any product was 237.64 percent.
  • The simple average tariff across all products was 2.39 percent.
  • The trade weighted average tariff was 1.58 .
  • The total duty free imports in thousands of US dollars were 127,119,364.90 and duty free tariff line items share was 57.27 percent.

Development Indicators 2019

Key Development Indicators of Italy in 2019 are below

  • Italy GDP in current US dollar was 2,011,302 million.
  • GNI per capita, Atlas method (current US$) was 34,930.00 .
  • Italy Trade balance: as % of GDP was 3.33.
  • Trade balance in current US$ was 66,893.00 million.
  • Trade as percentage of GDP was 59.88 .
  • Trade in services as percentage of GDP was 12.19 .

Trade Indicators 2019

Trade Indicators for Italy in 2019 are below

  • Hirschman Herfindahl market concentration index was 0.04.
  • Index of export market penetration was 39.48.
  • World Growth in percentage was -1.34 and Italy Country Growth was -1.46 .