Italy Balance Of TradeItaly Balance Of TradeItaly Balance Of Trade

Italy Balance Of Trade

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Key data points

Last release
Next release
Time to release
Forecast
Observation period
Mar 2024
Highest
‪9.55 B‬EURJul 31, 2020
Lowest
‪−9.51 B‬EURAug 31, 2022

About Italy Balance Of Trade

Category
Trade
Frequency
Monthly
Units
EUR
Italy has consistently recorded trade surpluses since 2013 until soaring energy costs in 2022 inflated the price of purchases and drove the Italian economy to import more than it exports. Italy’s main exports include base metals, chemicals, transportation equipment, and pharmaceutical goods, while the main imports are machinery and energy. The largest exporting partners are France, Germany, and the United States, while the main importing partners are Germany, France, China, and OPEC nations.