Italy (ITA)
Annual exports and imports in 2024 (USD).
Source: UN Comtrade. Warehouse 1: partner = World totals by HS4 and year.
Italy - trade dependency by partner, 2024 (USD)
| Rank | Partner | Export dependency | Import dependency | Total dependency |
|---|---|---|---|---|
| 1 | Germany (DEU) | 11.0% $74.16B | 14.2% $87.18B | 12.5% $161.34B |
| 2 | France (FRA) | 9.6% $64.79B | 7.5% $46.23B | 8.6% $111.02B |
| 3 | USA (USA) | 10.1% $68.21B | 4.4% $27.33B | 7.4% $95.53B |
| 4 | Spain (ESP) | 5.4% $36.19B | 5.8% $35.52B | 5.6% $71.71B |
| 5 | China (CHN) | 2.4% $16.08B | 8.9% $54.56B | 5.5% $70.63B |
| 6 | Netherlands (NLD) | 3.0% $20.20B | 6.1% $37.43B | 4.5% $57.63B |
| 7 | Switzerland (CHE) | 4.7% $31.67B | 2.7% $16.51B | 3.7% $48.18B |
| 8 | Belgium (BEL) | 3.0% $20.14B | 4.3% $26.51B | 3.6% $46.66B |
| 9 | Poland (POL) | 3.1% $20.63B | 2.8% $17.05B | 2.9% $37.68B |
| 10 | United Kingdom (GBR) | 4.3% $28.74B | 1.4% $8.52B | 2.9% $37.25B |
- Italy's total international trade in 2024 amounted to $1.29T, with exports of $674.9B and imports of $615.6B.
- The country holds the #10 rank for total trade globally, #7 for exports, and #12 for imports.
- A trade surplus of $59.3B was recorded for 2024.
- Germany was Italy's top trading partner, accounting for $74.2B (11.0%) of exports and $87.2B (14.2%) of imports.
- The leading export category was Machinery and mechanical appliances (HS2 84) at $115.3B, representing 17.1% of all exports.
- Mineral fuels (HS2 27) were the top import category, valued at $73.0B or 11.9% of total imports.
Italy's International Trade Performance in 2024
In 2024, Italy affirmed its position as a major player in global commerce, ranking 10th in the world for total trade. The nation's exports totaled $674.9B, while imports stood at $615.6B, creating a substantial trade surplus of $59.3B. Key export destinations included Germany, with a share of 11.0%, and the United States, which received 10.1% of Italy's exports. On the import side, Germany was the largest partner, providing 14.2% of all inbound goods.
Top Exported and Imported Products
Italy's export economy is heavily reliant on industrial and high-value goods. The most significant export category in 2024 was Machinery and mechanical appliances (HS2 84), which accounted for $115.3B or 17.1% of the total. Following this were Pharmaceutical products (HS2 30) at $55.5B. Regarding imports, Italy's primary need was for Mineral fuels (HS2 27), valued at $73.0B, and Vehicles (HS2 87), with an import value of $58.1B.
Exports
Italy - exports over time (Exports), 2015-2024 (USD)
Top export categories
Largest HS2 categories by export value in the selected year.
Italy - export composition by product categories (Exports), 2024 (USD)
Italy - export composition by 4-digit product groups (Exports), 2024 (USD)
Imports
Italy - imports over time (Imports), 2015-2024 (USD)
Top import categories
Largest HS2 categories by import value in the selected year.