Italy

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IT · ITA · BACI 380 · latest data 2024

Exports

$632.6B USD, nominal · 2024

= $632,564 M20.7% over 5 yrs (up)

Imports

$589.4B USD, nominal · 2024

= $589,439 M23.5% over 5 yrs (up)

Trade balancesurplus

$43.1B USD, nominal · 2024

= $43,125 M

Total trade

$1.22T USD, nominal · 2024

= $1,222,003 M22.0% over 5 yrs (up)

World position: #7 of 225 exporters · top 5% · #11 of 225 importers · top 5% · 2024
World export share since 1995: −1.6 pp

Trade timeline

Italy's exports grew from $223.7B in 1995 to $632.6B in 2024; the 2024 balance was $43.1B.

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Exports, imports, trade balance and total trade of Italy per year, USD millions.
Year	Exports ($M)	Imports ($M)	Balance ($M)	Total ($M)
1995	$223,691 M	$199,969 M	$23,722 M	$423,659 M
1996	$240,965 M	$207,490 M	$33,475 M	$448,454 M
1997	$232,832 M	$208,214 M	$24,619 M	$441,046 M
1998	$239,278 M	$215,062 M	$24,216 M	$454,340 M
1999	$231,115 M	$220,389 M	$10,725 M	$451,504 M
2000	$235,296 M	$235,574 M	−$279 M	$470,870 M
2001	$239,103 M	$231,410 M	$7,693 M	$470,512 M
2002	$250,412 M	$243,720 M	$6,692 M	$494,132 M
2003	$289,080 M	$288,164 M	$916 M	$577,244 M
2004	$338,670 M	$344,869 M	−$6,199 M	$683,538 M
2005	$362,007 M	$370,571 M	−$8,564 M	$732,578 M
2006	$405,630 M	$423,871 M	−$18,240 M	$829,501 M
2007	$480,068 M	$493,757 M	−$13,689 M	$973,825 M
2008	$520,642 M	$534,085 M	−$13,443 M	$1,054,727 M
2009	$397,525 M	$413,212 M	−$15,688 M	$810,737 M
2010	$433,118 M	$483,994 M	−$50,876 M	$917,113 M
2011	$507,380 M	$553,287 M	−$45,906 M	$1,060,667 M
2012	$488,980 M	$481,933 M	$7,048 M	$970,913 M
2013	$499,333 M	$474,195 M	$25,138 M	$973,527 M
2014	$509,307 M	$474,000 M	$35,307 M	$983,307 M
2015	$451,422 M	$411,092 M	$40,329 M	$862,514 M
2016	$454,659 M	$409,869 M	$44,789 M	$864,528 M
2017	$499,893 M	$454,193 M	$45,700 M	$954,086 M
2018	$538,550 M	$507,546 M	$31,005 M	$1,046,096 M
2019	$524,115 M	$477,140 M	$46,975 M	$1,001,255 M
2020	$485,342 M	$424,158 M	$61,184 M	$909,499 M
2021	$595,010 M	$563,027 M	$31,983 M	$1,158,037 M
2022	$625,681 M	$681,870 M	−$56,189 M	$1,307,551 M
2023	$637,997 M	$635,109 M	$2,888 M	$1,273,106 M
2024	$632,564 M	$589,439 M	$43,125 M	$1,222,003 M

30 rows

World share & rank

World export share moved from 4.4% in 1995 to 2.8% in 2024; export rank #7 → #7.

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World export and import share in percent, and world ranks, of Italy per year.
Year	Export share (%)	Import share (%)	Export rank	Import rank
1995	4.42%	3.95%	#7	#6
1996	4.49%	3.87%	#7	#6
1997	4.16%	3.72%	#7	#7
1998	4.31%	3.87%	#7	#6
1999	4.02%	3.83%	#8	#6
2000	3.62%	3.62%	#8	#6
2001	3.79%	3.67%	#8	#6
2002	3.78%	3.68%	#7	#7
2003	3.78%	3.76%	#6	#7
2004	3.67%	3.73%	#6	#7
2005	3.45%	3.53%	#6	#7
2006	3.36%	3.51%	#6	#7
2007	3.43%	3.53%	#6	#7
2008	3.23%	3.31%	#6	#7
2009	3.19%	3.32%	#7	#7
2010	2.88%	3.22%	#7	#7
2011	2.83%	3.08%	#8	#8
2012	2.71%	2.67%	#9	#11
2013	2.74%	2.60%	#9	#10
2014	2.78%	2.58%	#7	#10
2015	2.81%	2.56%	#7	#10
2016	2.90%	2.62%	#7	#9
2017	2.85%	2.59%	#7	#10
2018	2.82%	2.66%	#7	#11
2019	2.83%	2.58%	#7	#11
2020	2.83%	2.48%	#7	#10
2021	2.78%	2.63%	#6	#11
2022	2.59%	2.83%	#6	#10
2023	2.82%	2.81%	#6	#10
2024	2.77%	2.58%	#7	#11

30 rows

Trading partners

Germany was Italy's top trading partner in 2024, at 12.3% of total trade; the top five partners covered 40.1%.

Year

Top partner share: 12.3%
Top-5 share: 40.1%
Partners: 220
Partner HHI (0–1): 0.046

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United States $70.5B

Germany $66.1B

France $57.1B

United Kingdom $31.6B

Switzerland $31.2B

Spain $30.2B

Türkiye $19.3B

China $18.8B

Poland $18.3B

Belgium $17.6B

Netherlands $17.0B

Austria $13.2B

Romania $11.2B

Japan $10.9B

Czechia $8.9B

View partner table

Top partners of Italy in 2024, USD millions.
Rank	Partner	Exports to ($M)	Imports from ($M)	Total ($M)	Balance ($M)
#1	Germany	$66,127 M	$84,046 M	$150,173 M	−$17,919 M
#2	France	$57,083 M	$50,238 M	$107,322 M	$6,845 M
#3	United States	$70,501 M	$26,766 M	$97,268 M	$43,735 M
#4	China	$18,809 M	$51,813 M	$70,622 M	−$33,004 M
#5	Spain	$30,152 M	$34,335 M	$64,487 M	−$4,183 M
#6	Netherlands	$16,998 M	$35,973 M	$52,971 M	−$18,974 M
#7	Switzerland	$31,187 M	$16,763 M	$47,950 M	$14,423 M
#8	Belgium	$17,647 M	$25,879 M	$43,526 M	−$8,232 M
#9	United Kingdom	$31,606 M	$8,643 M	$40,250 M	$22,963 M
#10	Poland	$18,326 M	$16,533 M	$34,859 M	$1,793 M
#11	Türkiye	$19,284 M	$12,525 M	$31,809 M	$6,759 M
#12	Austria	$13,202 M	$12,606 M	$25,808 M	$596 M
#13	Romania	$11,160 M	$8,799 M	$19,959 M	$2,361 M
#14	Czechia	$8,869 M	$9,251 M	$18,120 M	−$382 M
#15	Japan	$10,912 M	$4,660 M	$15,571 M	$6,252 M

15 rows

Products & sectors

Product composition of Italy's trade in 2024.

Year

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Concentration & risk

Italy's export partners diversified over 1995–2024 — HHI 0.065 → 0.046, a diversified export base across 218 partners in 2024.

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Export and import partner HHI (0–1) and partner counts of Italy per year.
Year	Export HHI	Import HHI	Export partners	Import partners
1995	0.065	0.077	203	180
1996	0.060	0.073	205	199
1997	0.057	0.070	205	196
1998	0.061	0.073	204	196
1999	0.063	0.072	207	204
2000	0.059	0.064	209	202
2001	0.057	0.064	210	203
2002	0.055	0.064	218	210
2003	0.054	0.063	216	210
2004	0.053	0.061	217	212
2005	0.053	0.058	219	213
2006	0.051	0.055	218	212
2007	0.048	0.056	216	213
2008	0.047	0.053	216	210
2009	0.046	0.055	216	207
2010	0.046	0.054	216	207
2011	0.046	0.051	219	211
2012	0.044	0.048	217	208
2013	0.044	0.049	224	208
2014	0.045	0.052	220	204
2015	0.045	0.053	220	207
2016	0.047	0.054	221	209
2017	0.047	0.054	223	205
2018	0.048	0.054	218	209
2019	0.048	0.054	225	209
2020	0.050	0.057	218	211
2021	0.049	0.054	222	213
2022	0.049	0.048	221	211
2023	0.048	0.052	219	212
2024	0.046	0.052	218	209

30 rows

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