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Italy Trade Summary

2022

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 2022

Overall Exports and Imports for Italy 2022

Exports and imports of Italy in 2022 are below, along with number of countries and products

  • The total value of exports (FoB) was 659,387 million.
  • The total value of imports (CIF) was 695,236 million.
  • At the HS6 digit level, 4,409 products were exported to 226 countries and 4,501 products were imported from 215 countries.

Italy top 5 Export and Import partners 2022

Top five countries to which Italy exported in 2022 are below, along with the percent of total exports that went to that country:

  1. Italy exports to Germany worth US$ 81,571 million, with a partner share of 12.37 percent.
  2. Italy exports to United States worth US$ 68,541 million, with a partner share of 10.39 percent.
  3. Italy exports to France worth US$ 66,457 million, with a partner share of 10.08 percent.
  4. Italy exports to Spain worth US$ 34,008 million, with a partner share of 5.16 percent.
  5. Italy exports to Switzerland worth US$ 32,731 million, with a partner share of 4.96 percent.

Top five countries from which Italy imported goods in 2022 are below, along with percent of total imports that came from the country :

  1. Italy imports from Germany worth US$ 94,543 million, with a partner share of 13.60 percent.
  2. Italy imports from China worth US$ 60,937 million, with a partner share of 8.77 percent.
  3. Italy imports from France worth US$ 50,713 million, with a partner share of 7.29 percent.
  4. Italy imports from Netherlands worth US$ 38,868 million, with a partner share of 5.59 percent.
  5. Italy imports from Spain worth US$ 32,721 million, with a partner share of 4.71 percent.

Italy Top 5 Productsexports imports at HS 6 digit level 2022

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 25,473,822.89 (US$ Thousands).
  2. Italy exported Other medicaments of mixed or unmixed products, , worth 25,458,191.10 (US$ Thousands).
  3. Italy exported Art. of jewellery and pts thereof of/o prec mtl , worth 8,669,556.79 (US$ Thousands).
  4. Italy exported Human and animal blood; microbial cultures; tox , worth 7,585,585.84 (US$ Thousands).
  5. Italy exported Automobiles with reciprocating piston engine di , worth 6,739,956.69 (US$ Thousands).

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

  1. Italy imported Natural gas in gaseous state , worth 52,783,664.52 (US$ Thousands).
  2. Italy imported Petroleum oils and oils obtained from bituminou , worth 44,918,150.97 (US$ Thousands).
  3. Italy imported Other medicaments of mixed or unmixed products, , worth 17,645,816.69 (US$ Thousands).
  4. Italy imported Electrical energy , worth 15,065,356.44 (US$ Thousands).
  5. Italy imported Natural gas, liquefied , worth 14,220,725.12 (US$ Thousands).

Exports and Imports of Product Groups 2022

Exports and imports of products by stages of processing in 2022 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2022

Tariffs imposed by Italy in 2022 are below

  • The maximum rate of tariff in percentage on any product was 175.99 percent.
  • The simple average tariff across all products was 1.96 percent.
  • The trade weighted average tariff was 1.10 .
  • The total duty free imports in thousands of US dollars were 239,054,447.35 and duty free tariff line items share was 67.89 percent.

Development Indicators 2022

Key Development Indicators of Italy in 2022 are below

  • Italy GDP in current US dollar was 2,010,432 million.
  • GNI per capita, Atlas method (current US$) was 37,700.00 .
  • Italy Trade balance: as % of GDP was -1.54.
  • Trade balance in current US$ was -30,976.00 million.
  • Trade as percentage of GDP was 75.84 .
  • Trade in services as percentage of GDP was 12.77 .

Trade Indicators 2022

Trade Indicators for Italy in 2022 are below

  • Hirschman Herfindahl market concentration index was 0.05.
  • Index of export market penetration was 36.79.
  • World Growth in percentage was 5.18 and Italy Country Growth was 1.40 .