Annual International Trade Statistics by Country (HS)
Publication date: 2024-01-28
Reporting period: 2002 - 2023
Timeseries: 194 million
Source:TrendEconomy
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Italy | Imports and Exports | World | ALL COMMODITIES | Value (US$) and Value Growth, YoY (%) | 2012 - 2023

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2023
TOTAL. ALL COMMODITIESItalyWorldExportsValue (US$)501,528,850,943.00518,095,102,500.00529,528,733,451.00456,988,625,514.47461,667,625,429.24503,053,928,396.58549,906,995,682.87537,748,428,817.91498,803,831,970.62615,910,260,060.77659,387,209,133.80677,095,229,000.93
Value Growth, YoY (%)-4.153.302.20-13.691.028.969.31-2.21-7.2423.477.052.68
ImportsValue (US$)489,104,116,138.00479,336,353,444.00474,082,558,910.00410,933,397,835.20406,670,669,866.63451,415,534,842.30503,581,133,885.02474,957,327,527.24426,475,840,328.67568,202,425,245.63695,235,842,853.13639,928,811,605.27
Value Growth, YoY (%)-12.47-1.99-1.09-13.32-1.0311.0011.55-5.68-10.2033.2322.35-7.95

The value of merchandise exports from Italy totalled $ 677 billion in 2023. Merchandise exports from Italy increased by 2.68% compared to 2022. Goods exports grew up by $ 17.7 billion in 2023 (the value of merchandise exports from Italy amounted to $659 billion in 2022)

Italy's exports 2023 by country

Top export destinations of commodities from Italy in 2023:

  • Germany with a share of 11.9% (80 billion US$)
  • USA with a share of 10.7% (72 billion US$)
  • France with a share of 10.1% (68 billion US$)
  • Spain with a share of 5.26% (35 billion US$)
  • Switzerland with a share of 4.87% (33 billion US$)
  • United Kingdom with a share of 4.16% (28 billion US$)
  • Poland with a share of 3.16% (21 billion US$)
  • Belgium with a share of 3.08% (20 billion US$)
  • China with a share of 3.06% (20 billion US$)
  • Netherlands with a share of 2.95% (20 billion US$)

Exports structure from Italy in 2023 represented by the following main commodity groups:

  • 17.2% (116 billion US$): 84 - Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof
  • 7.95% (53 billion US$): 87 - Vehicles other than railway or tramway rolling stock, and parts and accessories thereof
  • 7.43% (50 billion US$): 30 - Pharmaceutical products
  • 6.53% (44 billion US$): 85 - Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles
  • 3.64% (24 billion US$): 39 - Plastics and articles thereof
  • 3.51% (23 billion US$): 27 - Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes
  • 3.33% (22 billion US$): 73 - Articles of iron or steel
  • 2.98% (20 billion US$): 71 - Natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin
  • 2.55% (17.3 billion US$): 90 - Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof
  • 2.52% (17.1 billion US$): 72 - Iron and steel

What did Italy export in 2023?

Italy's Top Exports in 2023:

  • 5.47% ($37 billion): 3004 - Medicaments (excluding goods of heading 30.02, 30.05 or 30.06) consisting of mixed or unmixed products for therapeutic or prophylactic uses, put up in measured doses (including those in the form of transdermal administration systems) or in forms or packings for retail sale
  • 3.02% ($20 billion): 8703 - Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars
  • 2.95% ($19.9 billion): 2710 - Petroleum oils and oils from bituminous minerals, not crude; preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals; these being the basic constituents of the preparations; waste oils
  • 2.4% ($16.2 billion): 8708 - Parts and accessories of the motor vehicles of headings 87.01 to 87.05
  • 1.74% ($11.8 billion): 3002 - Human blood; animal blood for therapeutic, prophylactic or diagnostic uses; antisera, other blood fractions, immunological products, modified or obtained by biotechnological processes; vaccines, toxins, cultures of micro-organisms (excluding yeasts) etc
  • 1.68% ($11.3 billion): 4202 - Trunks, suit-cases, vanity-cases, executive-cases, brief-cases, school satchels, spectacle cases, binocular cases, camera cases, musical instrument cases, gun cases, holsters and similar containers; travelling-bags, insulated food or beverages bags, toilet bags, rucksacks, handbags, shopping-bags, wallets, purses, map-cases, cigarette-cases, tobacco-pouches, tool bags, sports bags, bottle-cases, jewellery boxes, powder-boxes, cutlery cases and similar containers, of leather
  • 1.61% ($10.9 billion): 7113 - Articles of jewellery and parts thereof, of precious metal or of metal clad with precious metal
  • 1.32% ($8.94 billion): 8481 - Taps, cocks, valves and similar appliances for pipes, boiler shells, tanks, vats or the like, including pressure-reducing valves and thermostatically controlled valves
  • 1.31% ($8.92 billion): 6403 - Footwear with outer soles of rubber, plastics, leather or composition leather and uppers of leather

The value of merchandise imports to Italy totalled $ 639 billion in 2023. Overall commodity imports to Italy decreased by 7.95% compared to 2022. Merchandise imports decreased by $ 55 billion (the value of merchandise imports to Italy was equal to $695 billion in 2022)

Italy's imports 2023 by country

Top trading partners (import sources) of Italy in 2023:

  • Germany with a share of 15.1% (96 billion US$)
  • China with a share of 8.04% (51 billion US$)
  • France with a share of 7.86% (50 billion US$)
  • Netherlands with a share of 6.15% (39 billion US$)
  • Spain with a share of 5.53% (35 billion US$)
  • Belgium with a share of 4.51% (28 billion US$)
  • USA with a share of 4.25% (27 billion US$)
  • Switzerland with a share of 3.03% (19.4 billion US$)
  • Poland with a share of 2.71% (17.3 billion US$)
  • Algeria with a share of 2.37% (15.2 billion US$)

Imports structure to Italy in 2023 represented by the following main commodity groups:

  • 14.6% (93 billion US$): 27 - Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes
  • 9.61% (61 billion US$): 87 - Vehicles other than railway or tramway rolling stock, and parts and accessories thereof
  • 9.14% (58 billion US$): 84 - Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof
  • 8.63% (55 billion US$): 85 - Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles
  • 5.11% (32 billion US$): 30 - Pharmaceutical products
  • 4.1% (26 billion US$): 29 - Organic chemicals
  • 4.03% (25 billion US$): 39 - Plastics and articles thereof
  • 3.97% (25 billion US$): 72 - Iron and steel
  • 2.69% (17.2 billion US$): 90 - Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof
  • 2.66% (17 billion US$): 71 - Natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin

What did Italy import in 2023?

Italy's Top Imports in 2023:

  • 6% ($38 billion): 2709 - Petroleum oils and oils obtained from bituminous minerals, crude
  • 5.68% ($36 billion): 8703 - Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars
  • 5.17% ($33 billion): 2711 - Petroleum gases and other gaseous hydrocarbons
  • 3.11% ($19.9 billion): 3004 - Medicaments (excluding goods of heading 30.02, 30.05 or 30.06) consisting of mixed or unmixed products for therapeutic or prophylactic uses, put up in measured doses (including those in the form of transdermal administration systems) or in forms or packings for retail sale
  • 1.85% ($11.8 billion): 8517 - Electrical apparatus for line telephony or line telegraphy, including line telephone sets with cordless handsets and telecommunication apparatus for carrier-current line systems or for digital line systems; videophones
  • 1.79% ($11.4 billion): 2710 - Petroleum oils and oils from bituminous minerals, not crude; preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals; these being the basic constituents of the preparations; waste oils
  • 1.73% ($11 billion): 3002 - Human blood; animal blood for therapeutic, prophylactic or diagnostic uses; antisera, other blood fractions, immunological products, modified or obtained by biotechnological processes; vaccines, toxins, cultures of micro-organisms (excluding yeasts) etc
  • 1.67% ($10.7 billion): 8708 - Parts and accessories of the motor vehicles of headings 87.01 to 87.05
  • 1.15% ($7.38 billion): 2933 - Heterocyclic compounds with nitrogen hetero-atom(s) only

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Italy | Imports and Exports | World | ALL COMMODITIES | Value (US$) and Value Growth, YoY (%) | 2012 - 2023