Italy's trade surplus widened to €8.24 billion in July 2026, the largest since July 2020, from €7.83 billion in July 2025 and well above market forecasts of €4.77 billion. Exports rose 4.7% to a record €64.55 billion, driven by basic metals and fabricated metal products (+13.8%), coke and refined petroleum products (+27.3%), and sporting goods, games, musical instruments and precious metals (+15.9%). Overseas sales grew more strongly for non-EU markets (+6.6%), particularly Switzerland (+39.6%), OPEC countries (+26.3%) and China (+27.6%), while those to the US fell 1.1%. EU exports rose 2.8%, led by the Netherlands (+5%) and France (+4.2%). Meanwhile, imports rose 4.6% to €56.31 billion, driven by mining and quarrying products (+28.7%), coke and refined petroleum products (+27%), and basic metals and fabricated metal products (+9.9%). EU imports advanced 4.9%, led by Spain (+15.6%), the Netherlands (+4.4%) and France (+3.9%), while Germany edged down 0.1%. Non-EU imports rose 4.2%. source: National Institute of Statistics (ISTAT)

Italy recorded a trade surplus of 8240 EUR Million in July of 2026. Balance of Trade in Italy averaged 1409.28 EUR Million from 1991 until 2026, reaching an all time high of 9550.66 EUR Million in July of 2020 and a record low of -9558.37 EUR Million in August of 2022. This page provides the latest reported value for - Italy Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Italy Balance of Trade - data, historical chart, forecasts and calendar of releases - was last updated on September of 2026.

Italy recorded a trade surplus of 8240 EUR Million in July of 2026. Balance of Trade in Italy is expected to be 3150.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Italy Balance of Trade is projected to trend around 4300.00 EUR Million in 2027 and 4500.00 EUR Million in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-08-11 08:00 AM
Balance of Trade
Jun €4.232B €4.946B €4.74B €3.2B
2026-09-15 08:00 AM
Balance of Trade
Jul €8.24B €4.343B €4.77B €4.0B
2026-10-16 10:00 AM
Balance of Trade
Aug €8.24B


Related Last Previous Unit Reference
Balance of Trade 8240.00 4343.00 EUR Million Jul 2026
Exports 64554.00 59787.00 EUR Million Jul 2026
Imports 56314.00 55444.00 EUR Million Jul 2026
Terms of Trade 105.60 102.00 points Jul 2026
Tourist Arrivals 12287449.00 10523597.00 Persons Jul 2026


Italy Balance of Trade
Italy consistently records trade surpluses, although soaring energy costs in 2022 inflated the price of purchases and drove the Italian economy to import more than it exports during a short period. 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.
Actual Previous Highest Lowest Dates Unit Frequency
8240.00 4343.00 9550.66 -9558.37 1991 - 2026 EUR Million Monthly
Current Prices, NSA

News Stream
Italy Posts Widest Trade Surplus in 6 Years
Italy's trade surplus widened to €8.24 billion in July 2026, the largest since July 2020, from €7.83 billion in July 2025 and well above market forecasts of €4.77 billion. Exports rose 4.7% to a record €64.55 billion, driven by basic metals and fabricated metal products (+13.8%), coke and refined petroleum products (+27.3%), and sporting goods, games, musical instruments and precious metals (+15.9%). Overseas sales grew more strongly for non-EU markets (+6.6%), particularly Switzerland (+39.6%), OPEC countries (+26.3%) and China (+27.6%), while those to the US fell 1.1%. EU exports rose 2.8%, led by the Netherlands (+5%) and France (+4.2%). Meanwhile, imports rose 4.6% to €56.31 billion, driven by mining and quarrying products (+28.7%), coke and refined petroleum products (+27%), and basic metals and fabricated metal products (+9.9%). EU imports advanced 4.9%, led by Spain (+15.6%), the Netherlands (+4.4%) and France (+3.9%), while Germany edged down 0.1%. Non-EU imports rose 4.2%.
2026-09-15
Italy Trade Surplus Narrows in June
Italy's trade surplus narrowed to €4.23 billion in June 2026 from €5.38 billion in June 2025, missing market expectations of €4.74 billion. Imports surged 13.2% year-on-year to €55.5 billion, led by manufacturing (12.1%), with sharp gains in basic metals and fabricated products excluding machinery (+32.2%), transport equipment (10.1%), and chemicals (10.5%). Purchases rose most for non-EU countries (18.7%), while EU countries rose 9.1%, led by Germany (14.1%). Meanwhile, exports rose 9.8% to €59.8 billion, with growth across most sectors, led by coke and refined petroleum products (45.1%), base metals and fabricated metal products (25.8%), motor vehicles (17.0%) and transport equipment excluding motor vehicles (13.3%). Shipments rose most to Germany (22.9%), followed by the Netherlands (22.4%) and France (6.8%), while shipments to the UK fell 8.5%. For the first half of 2026, the trade surplus rose to €24.5 billion from €22.8 billion a year earlier.
2026-08-11
Italy Trade Surplus Narrows in May
Italy's trade surplus narrowed to €4.8 billion in May 2026 from €6.1 billion a year earlier, though it exceeded market expectations of a €4.5 billion surplus. Exports rose 4.1% year-on-year to €57.4 billion, driven by base metals and metal products, excluding machinery and equipment (26.2%), coke and refined petroleum products (62.0%), transportation equipment, excluding motor vehicles (20.6%), and motor vehicles (13.9%). In contrast, exports of pharmaceutical, chemical-medicinal, and botanical products fell 9.7%. Switzerland remained the largest destination (57.9%), followed by China (24.2%) and the Netherlands (8.6%). Meanwhile, imports increased at a faste pace of 7.3% to €51.6 billion, mainly due to a surge in purchases of crude oil and refined petroleum products, while declines in other goods limited overall growth. Purchases from non-EU markets far outpaced those from EU markets, at 15.5% and 1.3%, respectively.
2026-07-16