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Italy Trade Summary

2021

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 2021

Overall Exports and Imports for Italy 2021

Exports and imports of Italy in 2021 are below, along with number of countries and products

  • The total value of exports (FoB) was 615,910 million.
  • The total value of imports (CIF) was 568,202 million.
  • At the HS6 digit level, 4,422 products were exported to 226 countries and 4,528 products were imported from 217 countries.

Italy top 5 Export and Import partners 2021

Top five countries to which Italy exported in 2021 are below, along with the percent of total exports that went to that country:

  1. Italy exports to Germany worth US$ 79,761 million, with a partner share of 12.95 percent.
  2. Italy exports to France worth US$ 63,224 million, with a partner share of 10.27 percent.
  3. Italy exports to United States worth US$ 58,373 million, with a partner share of 9.48 percent.
  4. Italy exports to Switzerland worth US$ 32,227 million, with a partner share of 5.23 percent.
  5. Italy exports to Spain worth US$ 30,990 million, with a partner share of 5.03 percent.

Top five countries from which Italy imported goods in 2021 are below, along with percent of total imports that came from the country :

  1. Italy imports from Germany worth US$ 91,042 million, with a partner share of 16.02 percent.
  2. Italy imports from France worth US$ 46,208 million, with a partner share of 8.13 percent.
  3. Italy imports from China worth US$ 45,627 million, with a partner share of 8.03 percent.
  4. Italy imports from Netherlands worth US$ 33,147 million, with a partner share of 5.83 percent.
  5. Italy imports from Spain worth US$ 30,111 million, with a partner share of 5.30 percent.

Italy Top 5 Productsexports imports at HS 6 digit level 2021

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 17,528,345.48 (US$ Thousands).
  2. Italy exported Petroleum oils, etc, (excl. crude); preparation , worth 15,343,118.60 (US$ Thousands).
  3. Italy exported Art. of jewellery and pts thereof of/o prec mtl , worth 7,926,227.64 (US$ Thousands).
  4. Italy exported Human and animal blood; microbial cultures; tox , worth 6,491,342.98 (US$ Thousands).
  5. Italy exported Automobiles with reciprocating piston engine di , worth 5,936,889.60 (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 29,920,562.08 (US$ Thousands).
  2. Italy imported Natural gas in gaseous state , worth 23,789,095.59 (US$ Thousands).
  3. Italy imported Other medicaments of mixed or unmixed products, , worth 13,143,767.64 (US$ Thousands).
  4. Italy imported Transmission apparatus, for radioteleph incorpo , worth 9,303,879.56 (US$ Thousands).
  5. Italy imported Human and animal blood; microbial cultures; tox , worth 8,746,353.05 (US$ Thousands).

Exports and Imports of Product Groups 2021

Exports and imports of products by stages of processing in 2021 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2021

Tariffs imposed by Italy in 2021 are below

  • The maximum rate of tariff in percentage on any product was 209.19 percent.
  • The simple average tariff across all products was 2.08 percent.
  • The trade weighted average tariff was 1.40 .
  • The total duty free imports in thousands of US dollars were 171,168,663.21 and duty free tariff line items share was 63.23 percent.

Development Indicators 2021

Key Development Indicators of Italy in 2021 are below

  • Italy GDP in current US dollar was 2,114,356 million.
  • GNI per capita, Atlas method (current US$) was 36,130.00 .
  • Italy Trade balance: as % of GDP was 2.28.
  • Trade balance in current US$ was 48,167.00 million.
  • Trade as percentage of GDP was 63.11 .
  • Trade in services as percentage of GDP was 10.30 .

Trade Indicators 2021

Trade Indicators for Italy in 2021 are below

  • Hirschman Herfindahl market concentration index was 0.04.
  • Index of export market penetration was 38.96.
  • World Growth in percentage was 12.50 and Italy Country Growth was 11.12 .