Trade (% of GDP) in Italy was reported at 63.18 % in 2024, 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 July of 2025.

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.

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: Exports: Commodities for Italy (XTEXVA01ITM657S) from Feb 1957 to Apr 2025 about Italy, exports, trade, and goods.

Graph and download economic data for International Merchandise Trade Statistics: Trade Balance: Commodities for Italy (XTNTVA01ITA664S) from 1955 to 2024 about Italy, trade, Net, and goods.

Exports in Italy increased to 55088 EUR Million in May from 52968 EUR Million in April of 2025. This dataset provides - Italy Exports - actual values, historical data, forecast, chart, statistics, economic calendar and news.

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 **** billion U.S. dollars.

Trade in services (% of GDP) in Italy was reported at 13.4 % in 2024, 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 August 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 IT: Trade Balance data was reported at 3.976 USD bn in May 2018. This records an increase from the previous number of 3.665 USD bn for Apr 2018. Italy IT: Trade Balance data is updated monthly, averaging -102.800 USD mn from Jan 1960 (Median) to May 2018, with 701 observations. The data reached an all-time high of 9.128 USD bn in Jul 2014 and a record low of -8.536 USD bn in Jan 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: Monthly.

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.

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 - 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 August 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.

Italy IT: Trade Balance: Advanced Economies: Sweden data was reported at 341.748 USD mn in Mar 2018. This records an increase from the previous number of 163.745 USD mn for Dec 2017. Italy IT: Trade Balance: Advanced Economies: Sweden data is updated quarterly, averaging -34.500 USD mn from Mar 1960 (Median) to Mar 2018, with 233 observations. The data reached an all-time high of 341.748 USD mn in Mar 2018 and a record low of -446.531 USD mn in Dec 2003. Italy IT: Trade Balance: Advanced Economies: Sweden 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.

Italy IT: Trade Balance: Advanced Economies: Czech Republic data was reported at -747.753 USD mn in 2017. This records an increase from the previous number of -1.084 USD bn for 2016. Italy IT: Trade Balance: Advanced Economies: Czech Republic data is updated yearly, averaging 188.397 USD mn from Dec 1993 (Median) to 2017, with 25 observations. The data reached an all-time high of 1.174 USD bn in 2004 and a record low of -1.202 USD bn in 2010. Italy IT: Trade Balance: Advanced Economies: Czech Republic 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: Annual.

IT: Trade Balance: Emerging and Developing Economies: Emerging and Developing Asia: Marshall Islands, Republic data was reported at 0.094 USD mn in May 2018. This records a decrease from the previous number of 5.118 USD mn for Apr 2018. IT: Trade Balance: Emerging and Developing Economies: Emerging and Developing Asia: Marshall Islands, Republic data is updated monthly, averaging 0.364 USD mn from Jan 2000 (Median) to May 2018, with 161 observations. The data reached an all-time high of 426.374 USD mn in Jun 2016 and a record low of -8.610 USD mn in Jan 2003. IT: Trade Balance: Emerging and Developing Economies: Emerging and Developing Asia: Marshall Islands, Republic 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: Monthly.

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

• 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

Italy IT: Trade Balance: Advanced Economies: Iceland data was reported at 14.739 USD mn in May 2018. This records an increase from the previous number of 9.098 USD mn for Apr 2018. Italy IT: Trade Balance: Advanced Economies: Iceland data is updated monthly, averaging 0.700 USD mn from Jan 1960 (Median) to May 2018, with 680 observations. The data reached an all-time high of 24.179 USD mn in Jun 2007 and a record low of -9.300 USD mn in Sep 1979. Italy IT: Trade Balance: Advanced Economies: Iceland 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: Monthly.

Italy IT: Trade Balance: Emerging and Developing Economies: Emerging and Developing Asia: Bangladesh data was reported at -41.297 USD mn in May 2018. This records a decrease from the previous number of -31.046 USD mn for Apr 2018. Italy IT: Trade Balance: Emerging and Developing Economies: Emerging and Developing Asia: Bangladesh data is updated monthly, averaging -9.624 USD mn from Jan 1973 (Median) to May 2018, with 545 observations. The data reached an all-time high of 31.771 USD mn in Aug 1992 and a record low of -154.194 USD mn in Jan 2018. Italy IT: Trade Balance: Emerging and Developing Economies: Emerging and Developing Asia: Bangladesh 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: Monthly.

Italy IT: Trade Balance: Emerging and Developing Economies: Europe data was reported at -2.898 USD bn in 2017. This records a decrease from the previous number of -1.341 USD bn for 2016. Italy IT: Trade Balance: Emerging and Developing Economies: Europe data is updated yearly, averaging -143.100 USD mn from Dec 1948 (Median) to 2017, with 70 observations. The data reached an all-time high of 5.978 USD bn in 1997 and a record low of -14.428 USD bn in 2011. Italy IT: Trade Balance: Emerging and Developing Economies: Europe 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: Annual.