Customs Duty Calculator

Italy – Trade Statistics

  • Italy is the 8th largest export economy in the world and the 22nd most complex economy according to the Economic Complexity Index (ECI). In 2014, Italy exported $509B and imported $466B, resulting in a positive trade balance of $43.5B. In 2014 the GDP of Italy was $2.14T and its GDP per capita was $35.5k.
  • The top exports of Italy are Packaged Medicaments ($22.9B), Refined Petroleum ($16.7B), Vehicle Parts ($14.3B), Cars ($12.1B) and Valves ($9.3B), using the 1992 revision of the HS (Harmonized System) classification.
  • Its top imports are Crude Petroleum ($38B), Cars ($22.9B), Petroleum Gas ($21.6B), Packaged Medicaments ($14.9B) and Refined Petroleum ($12.6B).
  • The top export destinations of Italy are Germany ($61.3B), France ($49.8B), the United States ($40.8B), the United Kingdom ($28.1B) and Switzerland ($22.5B).
  • The top import origins are Germany ($70.2B), France ($39.5B), China ($33.2B), the Netherlands ($27.3B) and Russia ($22.9B).
  • Italy holds a place of 45th out of 189 popular countries(economically) in case of doing a business in country.’Getting Credit’ is one of the topics in which Italy has decreased it’s ranking from 90 to 97 and country has also decreased it’s ranking from 48 to 50 in case of ‘Starting a Business’.