Italy's trade balance reached in 2023 a surplus of 34 billion euros. The trade balance measures the difference between a country's exports and imports. A surplus indicates that a nation exports more than it exports, while a deficit means that imports are higher than exports. In 2022, Italy recorded a deficit of 34 billion euros.

Italy - International trade: Exports was EUR623508.70 Million in December of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Italy - International trade: Exports - last updated from the EUROSTAT on June of 2025. Historically, Italy - International trade: Exports reached a record high of EUR626169.40 Million in December of 2022 and a record low of EUR337407.40 Million in December of 2010.

Graph and download economic data for International Merchandise Trade Statistics: Exports: Commodities for Italy (XTEXVA01ITM657S) from Feb 1957 to Feb 2025 about Italy, exports, trade, and goods.

Exports in Italy decreased to 48719 EUR Million in January from 49334 EUR Million in December of 2024. This dataset provides - Italy Exports - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In January 2022, Italy registered a trade deficit with the European Union amounting to about 890 million euros. In general, Italy profits greatly from the exchange of goods and services with the EU partners. When looking at the global scale, Italy is once again a winner in this trading system. In March 2019, Italy registered a trade surplus of 4.6 billion euros.

Trade buddies

Italian products are very popular abroad, and exports are vital for many sectors of the country’s industry. Italy exports most of its products to its partners in the European Union. In fact, among the leading importers of Italian products, four out of six belong to the EU. Germany is Italy’s leading export partner, with 12.5 percent of the total Italian exports headed to the EU’s biggest economy. The other way around is also true. In 2017, 16.5 percent of the total imports to Italy came from Germany.

The Northwest looks abroad

When looking at the trade balance of the Italian regions, it becomes evident that some areas of the country are more internationalized than others, also due to the higher level of industrialization. The Northwest of the country, which includes the regions of Lombardy, Piedmont, Liguria and Aosta Valley, exported almost 48 billion euros worth of goods and services in the last quarter of 2018. In comparison, exports from the Northeast, the second microregion in the country in terms of exports, reached a value of 39 billion euros.

Graph and download economic data for International Merchandise Trade Statistics: Trade Balance: Commodities for Italy (XTNTVA01ITA667S) from 1957 to 2024 about Italy, trade, Net, and goods.

Graph and download economic data for International Trade: Imports: Value (Goods): Total for Italy (XTIMVA01ITQ188S) from Q1 1995 to Q3 2023 about Italy, imports, trade, and goods.

Trade (% of GDP) in Italy was reported at 66.24 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Italy - Trade (% of GDP) - actual values, historical data, forecasts and projections were sourced from the World Bank on May of 2025.

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

• 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

Italy Exports to China was US$16.61 Billion during 2024, according to the United Nations COMTRADE database on international trade. Italy Exports to China - data, historical chart and statistics - was last updated on June of 2025.

The statistic shows the trade balance of services (exports minus imports of services) in Italy from 2013 to 2023. A positive value means a trade surplus, a negative trade balance means a trade deficit. In 2023, the estimated trade deficit of services in Italy amounted to about 8.13 billion U.S. dollars.

IT: Imports: Lead Time: Documentary Compliance data was reported at 1.000 Hour in 2017. This stayed constant from the previous number of 1.000 Hour for 2016. IT: Imports: Lead Time: Documentary Compliance data is updated yearly, averaging 1.000 Hour from Dec 2014 (Median) to 2017, with 4 observations. The data reached an all-time high of 1.000 Hour in 2017 and a record low of 1.000 Hour in 2017. IT: Imports: Lead Time: Documentary Compliance data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Italy – Table IT.World Bank: Trade Statistics. Documentary compliance captures the time and cost associated with compliance with the documentary requirements of all government agencies of the origin economy, the destination economy and any transit economies. The aim is to measure the total burden of preparing the bundle of documents that will enable completion of the international trade for the product and partner pair assumed in the case study.; ; World Bank, Doing Business project (http://www.doingbusiness.org/).; Unweighted average; Time is measured in hours, and 1 day is 24 hours (for example, 22 days are recorded as 22 × 24 = 528 hours). If customs clearance takes 7.5 hours, the data are recorded as is. Alternatively, suppose that documents are submitted to a customs agency at 8:00 a.m., are processed overnight and can be picked up at 8:00 a.m. the next day. In this case the time for customs clearance would be recorded as 24 hours because the actual procedure took 24 hours. Data are presented for the survey year instead of publication year.

Trade Balance: Non EU Countries: sa data was reported at 1,063.000 EUR mn in Sep 2018. This records a decrease from the previous number of 2,293.000 EUR mn for Aug 2018. Trade Balance: Non EU Countries: sa data is updated monthly, averaging 647.000 EUR mn from Jan 1993 (Median) to Sep 2018, with 309 observations. The data reached an all-time high of 4,292.000 EUR mn in Sep 2017 and a record low of -3,487.000 EUR mn in Dec 2010. Trade Balance: Non EU Countries: sa data remains active status in CEIC and is reported by National Institute of Statistics. The data is categorized under Global Database’s Italy – Table IT.JA001: Trade Statistics. Croatia joined the European Union last July 1, 2013

Italy - Share of trade with the EU: Share of exports to EU was 51.00% in December of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Italy - Share of trade with the EU: Share of exports to EU - last updated from the EUROSTAT on May of 2025. Historically, Italy - Share of trade with the EU: Share of exports to EU reached a record high of 52.80% in December of 2022 and a record low of 48.70% in December of 2013.

This graph shows the growth in the U.S. export volume of trade goods to Italy from 1985 to 2023. In 2023, the U.S. exports to Italy amounted to about 28.93 billion U.S. dollars.

Italy IT: Trade Balance data was reported at 9.296 USD bn in Mar 2018. This records a decrease from the previous number of 17.755 USD bn for Dec 2017. Italy IT: Trade Balance data is updated quarterly, averaging -318.600 USD mn from Mar 1960 (Median) to Mar 2018, with 233 observations. The data reached an all-time high of 18.094 USD bn in Dec 2014 and a record low of -18.568 USD bn in Mar 2011. Italy IT: Trade Balance data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Italy – Table IT.IMF.DOT: Trade Balance: by Country: Quarterly.

Trade in services (% of GDP) in Italy was reported at 13.21 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Italy - Trade in services (% of GDP) - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.

Imports in Italy increased to 49325 EUR Million in February from 48983 EUR Million in January of 2025. This dataset provides - Italy Imports - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Italy Exports to France was US$67.37 Billion during 2024, according to the United Nations COMTRADE database on international trade. Italy Exports to France - data, historical chart and statistics - was last updated on June of 2025.

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.