Italy's trade balance reached a surplus of 54.7 billion euros in 2024. The trade balance measures the difference between a country's exports and imports. A surplus indicates that a nation exports more than it imports, while a deficit means that imports are higher than exports. In 2022, Italy recorded a deficit of 34 billion euros.

In 2024, imports into Italy decreased by three percent compared to 2023. Forecasts for 2025 suggest an increase of almost two percent compared to 2024.

In 2024, exports from Italy slightly increased by 0.6 percent compared to 2023. Forecasts for 2025 suggest an increase of two percent compared to 2024.

The value of goods and services imported to Italy has gradually increased since 2021. The share of imports stabilized around 25 percent of GDP from 2013 to 2020, while it reached 32.5 percent of the Gross Domestic Product in 2023. In the same year, exports added up to 34 percent of the GDP.

Exports in Italy decreased to 38672 EUR Million in August from 61672 EUR Million in July of 2025. This dataset provides - Italy Exports - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Key information about Italy Total Exports

• Italy Total Exports recorded 51.7 USD bn in Dec 2024, compared with 57.1 USD bn in the previous month
• Italy Total Exports data is updated monthly, available from Jan 1991 to Dec 2024, with an averaged value of 34.2 USD bn
• The data reached an all-time high of 63.8 USD bn in Mar 2023 and a record low of 8.4 USD bn in Aug 1993

CEIC converts monthly Total Exports into USD. Italian National Institute of Statistics provides Total Exports, FOB, in EUR. Federal Reserve Board average market exchange rate is used for currency conversions.


Further information about Italy Total Exports

• In the latest reports, Italy Total Exports grew 2.9 % YoY in Dec 2024
• Total Imports recorded 45.4 USD bn in Dec 2024, which registered an increase of 1.7 % year on year
• Italy Trade Balance recorded a surplus of 5.4 USD bn in Dec 2024

In 2024, exports from Italy were worth 717 billion euros, increasing by 0.4 percent compared to the previous year. Since 2014, the value of Italian exports has recorded a constant increase, slowed down only by the COVID-19 pandemic in 2020.

Italy's total Exports in 2024 were valued at US$674.87 Billion, according to the United Nations COMTRADE database on international trade. Italy's main export partners were: Germany, the United States and France. The top three export commodities were: Machinery, nuclear reactors, boilers; Pharmaceutical products and Vehicles other than railway, tramway. Total Imports were valued at US$615.60 Billion. In 2024, Italy had a trade surplus of US$59.27 Billion.

Imports in Italy decreased to 36622 EUR Million in August from 53842 EUR Million in July of 2025. This dataset provides - Italy Imports - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The main area of destination of Italian exports is by far the European Union. In 2023, 52 percent of all export value originated from countries of the European Union. With 14.2 percent, other European non-EU countries were the second-largest export partners, followed by North America.

Italy's total Imports in 2024 were valued at US$615.60 Billion, according to the United Nations COMTRADE database on international trade. Italy's main import partners were: Germany, China and France. The top three import commodities were: Mineral fuels, oils, distillation products; Vehicles other than railway, tramway and Machinery, nuclear reactors, boilers. Total Exports were valued at US$674.87 Billion. In 2024, Italy had a trade surplus of US$59.27 Billion.

Key information about Italy Total Exports

• Italy Total Exports expanded 2.9 % YoY in Dec 2024, compared with a decrease of 2.6 % YoY in the previous month
• Italy Total Exports Growth data is updated monthly, available from Jan 1992 to Dec 2024, with an averaged rate of 5.5 %
• The data reached an all-time high of 98.2 % in Apr 2021 and a record low of -42.8 % in Apr 2020

CEIC calculates Total Exports Growth from monthly Total Exports. Italian National Institute of Statistics provides Total Exports, FOB, in EUR.


Further information about Italy Total Exports

• In the latest reports, Italy Total Exports recorded 51.7 USD bn in Dec 2024
• Total Imports recorded 45.4 USD bn in Dec 2024, which registered an increase of 1.7 % year on year
• Italy Trade Balance recorded a surplus of 5.4 USD bn in Dec 2024

In September 2024, most sectors of the Italian exports recorded a decrease compared to September 2023. Export of pharmaceuticals grew by 15.2 percent, the largest increase among the different sectors, while export of petroleum products plummeted by 42.6 percent.

Key information about Italy Total Imports

• Italy Total Imports recorded 45.4 USD bn in Dec 2024, compared with a value of 52.9 USD bn in the previous month
• Italy Total Imports data is updated monthly, available from Jan 1991 to Dec 2024, with an average number of 33.7 USD bn
• The data reached an all-time high of 63.6 USD bn in Mar 2022 and a record low of 7.6 USD bn in Aug 1993

CEIC converts monthly Total Imports into USD. Italian National Institute of Statistics provides Total Imports, CIF, in EUR. Federal Reserve Board average market exchange rate is used for currency conversions.


Further information about Italy Total Imports

• In the latest reports, Italy Total Imports grew 1.7 % YoY in Dec 2024
• Total Exports grew 2.9 % YoY, to 51.7 USD bn in Dec 2024
• Italy Trade Balance recorded a surplus of 5.4 USD bn in Dec 2024

Key information about Italy Total Exports to USA

• Italy Total Exports to USA recorded 5.901 USD bn in Dec 2024, compared with 6.023 USD bn in the previous Nov 2024
• Italy Total Exports to USA data is updated monthly, available from Jan 1960 to Dec 2024, with an averaged value of 1.133 USD bn
• The data reached an all-time high of 6.894 USD bn in Nov 2023 and a record low of 24.500 USD mn in Feb 1961

CEIC converts monthly Total Exports to USA into USD. Italian National Institute of Statistics provides Total Exports to USA, FOB, in EUR. Federal Reserve Board average market exchange rate is used for currency conversions. Total Exports to USA prior to January 1991 is sourced from the International Monetary Fund.

Most of the leading export companies from Italy were bank or energy groups in 2019. UniCredit Group was the leading export company from Italy in terms of assets value. The bank group had assets worth almost one trillion euros. Another bank group ranked second, Intesa San Paolo. Enel, an energy company, 190 billion euros in assets and was Italy's third-largest export company. Italy's main export partners are countries within the European Union. Overall, Germany is the main Italian trade partner.

Italy Exports to United States was US$70.16 Billion during 2024, according to the United Nations COMTRADE database on international trade. Italy Exports to United States - data, historical chart and statistics - was last updated on October of 2025.

Imports Shadow Price Index: Non-Commodity Goods and Services data was reported at 1.184 Index, 2021 in Dec 2026. This records an increase from the previous number of 1.177 Index, 2021 for Sep 2026. Imports Shadow Price Index: Non-Commodity Goods and Services data is updated quarterly, averaging 0.877 Index, 2021 from Mar 1975 (Median) to Dec 2026, with 208 observations. The data reached an all-time high of 146.242 Index, 2021 in Jun 1990 and a record low of 0.238 Index, 2021 in Mar 1975. Imports Shadow Price Index: Non-Commodity Goods and Services data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Italy – Table IT.OECD.EO: Exports and Imports Price Index: Forecast: OECD Member: Quarterly.

Italy Energy Imports data was reported at 19,653.000 Ton th in 2017. This records a decrease from the previous number of 21,628.000 Ton th for 2016. Italy Energy Imports data is updated yearly, averaging 20,157.000 Ton th from Dec 2001 (Median) to 2017, with 17 observations. The data reached an all-time high of 27,780.000 Ton th in 2002 and a record low of 18,031.000 Ton th in 2012. Italy Energy Imports data remains active status in CEIC and is reported by Unione Petrolifera. The data is categorized under Global Database’s Italy – Table IT.RB001: Energy Imports and Exports.

Italy Imports Price Index: Non-Commodity Goods and Services data was reported at 1.147 Index, 2021 in 2026. This records an increase from the previous number of 1.123 Index, 2021 for 2025. Italy Imports Price Index: Non-Commodity Goods and Services data is updated yearly, averaging 0.954 Index, 2021 from Dec 1988 (Median) to 2026, with 39 observations. The data reached an all-time high of 1.169 Index, 2021 in 2022 and a record low of 0.699 Index, 2021 in 1988. Italy Imports Price Index: Non-Commodity Goods and Services data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Italy – Table IT.OECD.EO: Exports and Imports Price Index: Forecast: OECD Member: Annual.