Overall Exports and Imports for Italy 2023
- The total value of exports (FOB) is US$ 677,095 million.
- The total value of imports (CIF) is US$ 639,929 million.
- At the HS6 digit level, 4,403 products are exported to 226 countries and 4,498 products are imported from 216 countries.
Top 5 Products exports imports at HS 6 digit level 2023
The top five exported HS 6 digit level products to world by Italy along with trade value are:
- Italy exported Other medicaments of mixed or unmixed products, , worth 28,084,374.41 (US$ Thousands).
- Italy exported Petroleum oils, etc, (excl. crude); preparation , worth 19,982,235.73 (US$ Thousands).
- Italy exported Art. of jewellery and pts thereof of/o prec mtl , worth 9,978,950.05 (US$ Thousands).
- Italy exported Automobiles with reciprocating piston engine di , worth 6,922,731.96 (US$ Thousands).
- Italy exported Human and animal blood; microbial cultures; tox , worth 6,916,096.89 (US$ Thousands).
The top five imported HS 6 digit level products from world by Italy along with trade value are
- Italy imported Petroleum oils and oils obtained from bituminou , worth 38,404,115.35 (US$ Thousands).
- Italy imported Natural gas in gaseous state , worth 23,786,353.12 (US$ Thousands).
- Italy imported Other medicaments of mixed or unmixed products, , worth 17,315,113.25 (US$ Thousands).
- Italy imported Automobiles nes including gas turbine powered , worth 16,068,064.89 (US$ Thousands).
- Italy imported Petroleum oils, etc, (excl. crude); preparation , worth 11,466,150.84 (US$ Thousands).
Italy top 5 Export and Import partners 2023
The top five countries to which Italy exported 2023 along with the partner share in percentage are:
- Italy exports to Germany worth US$ 80,719 million, with a partner share of 11.92 percent.
- Italy exports to United States worth US$ 72,742 million, with a partner share of 10.74 percent.
- Italy exports to France worth US$ 68,508 million, with a partner share of 10.12 percent.
- Italy exports to Spain worth US$ 35,641 million, with a partner share of 5.26 percent.
- Italy exports to Switzerland worth US$ 33,041 million, with a partner share of 4.88 percent.
The top five countries to which Italy imported goods 2023 along with the share in percentage are
- Italy imports from Germany worth US$ 96,974 million, with a partner share of 15.15 percent.
- Italy imports from China worth US$ 51,456 million, with a partner share of 8.04 percent.
- Italy imports from France worth US$ 50,319 million, with a partner share of 7.86 percent.
- Italy imports from Netherlands worth US$ 39,364 million, with a partner share of 6.15 percent.
- Italy imports from Spain worth US$ 35,419 million, with a partner share of 5.53 percent.
Italy Exports and Imports of Product Groups 2023
Exports and imports of products by stages of processing in 2023 are below along with their corresponding Product Share as percent of total export or import.
- Italy Raw materials exports are worth US$ 18,257 million, product share of 2.70%.
- Italy Raw materials imports are worth US$ 86,422 million, product share of 13.51%.
- Italy Intermediate goods exports are worth US$ 131,222 million, product share of 19.38%.
- Italy Intermediate goods imports are worth US$ 175,030 million, product share of 27.35%.
- Italy Consumer goods exports are worth US$ 303,720 million, product share of 44.86%.
- Italy Consumer goods imports are worth US$ 228,035 million, product share of 35.63%.
- Italy Capital goods exports are worth US$ 199,574 million, product share of 29.48%.
- Italy Capital goods imports are worth US$ 139,699 million, product share of 21.83%.
Italy Trade Indicators 2023
- Hirschman Herfindahl Market concentration index is 0.05.
- Index of export market penetration is 0.05.
- World Growth in percentage is 0.05 and Italy Country Growth is 1.04.
Italy Service Trade data from WDI 2023
- Italy, Service imports (BoP, current US$) is 152,169,668,163.36.
- Italy, Service exports (BoP, current US$) is 147,306,481,423.05.
- Italy, Imports of goods and services as percentage of GDP is 32.11 %.
- Italy, Exports of goods and services as percentage of GDP is 33.53 %.