Italy Balance of Trade  1991-2018 | Data | Chart | Calendar | Forecast

Italy's trade surplus widened to EUR 3.10 billion in February of 2018 from EUR 1.88 billion in the same month a year earlier and above market expectations of a EUR 2.23 billion surplus. Balance of Trade in Italy averaged 839.70 EUR Million from 1991 until 2018, reaching an all time high of 7902.67 EUR Million in July of 2015 and a record low of -6389.30 EUR Million in January of 2011.

Italy Balance of Trade
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Italy February Trade Surplus Widens More than Expected


Italy's trade surplus widened to EUR 3.10 billion in February of 2018 from EUR 1.88 billion in the same month a year earlier and above market expectations of a EUR 2.23 billion surplus. Exports grew 3.9 percent while imports edged up 0.5 percent.

Exports rose 3.9 percent year-on-year to EUR 36.25 billion in February from EUR 34.87 billion, mainly due to higher sales of basic metals and metal products (11.4 percent); electrical appliances (6.7 percent); means of transport (6.3 percent); machinery and appliances (3.6 percent) and substances and chemical products (2.2 percent). Meantime, exports dropped for agriculture, forestry and fishing (-9.2 percent) and clothing, textiles and accessories (-0.3 percent).

Exports increased mainly to India (23.0 percent), Netherlands (19.0 percent), Poland (17.0 percent), Czech Republic (13.5 percent) and Austria (12.9 percent). Meanwhile, sales fell to China (-9.8 percent), OPEC countries (-9.2 percent), Japan (-8.8 percent), Belgium (-3.9 percent) and  ASEAN countries (-1.6 percent).

Imports edged up 0.5 percent to EUR 33.14 billion in February from EUR 32.99 billion a year earlier, boosted by higher purchases of machinery and appliances (4.0 percent); basic metals and metal products (3.3 percent); substances and chemical products (2.0 percent) and means of transport (1.8 percent). In contrast, imports of clothing, textiles and accessories declined by 3.2 percent.

Imports advanced mainly to OPEC countries (13.0 percent), Czech Republic (10.2 percent), Austria (9.1 percent), Germany (8.2 percent) and Romania (7.0 percent). On the other hand, imports decreased from ASEAN countries (-24.9 percent), India (-15.3 percent), Spain (-11.9 percent), Belgium (-11.6 percent) and Switzerland (-10.6 percent).

With European Union countries, the trade surplus increased to EUR 1.13 billion from EUR 0.16 billion in February last year.


Istat | Stefanie Moya | stefanie.moya@tradingeconomics.com
4/17/2018 11:54:03 AM


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Calendar GMT Actual Previous Consensus TEForecast
2018-02-15 09:00 AM Balance of Trade €5.253B €4.837B €4.44B €5.9B
2018-03-19 10:00 AM Balance of Trade €-0.087B €5.249B €4.87B €-0.4B
2018-04-17 09:00 AM Balance of Trade €3.104B €-0.092B €2.23B €2.0B
2018-05-17 08:00 AM Balance of Trade €3.104B €7.2B
2018-06-18 08:00 AM Balance of Trade €3.8B
2018-07-16 08:00 AM Balance of Trade €4.1B


Italy Trade Last Previous Highest Lowest Unit
Balance of Trade 3104.28 -91.56 7902.67 -6389.30 EUR Million [+]
Exports 36249.00 34695.17 42284.43 5946.40 EUR Million [+]
Imports 33144.47 34787.35 38526.50 5285.80 EUR Million [+]
Current Account 838.60 -1360.20 19332.70 -10633.40 EUR Million [+]
Current Account to GDP 2.80 2.60 2.90 -3.70 percent [+]
External Debt 2131704.00 2116930.00 2145272.00 524899.00 EUR Million [+]
Terms of Trade 102.00 101.40 115.60 91.40 Index Points [+]
Capital Flows 4313.50 3635.50 17094.70 -27541.10 EUR Million [+]
Remittances 177.71 179.80 202.52 96.92 EUR Million [+]
Gold Reserves 2451.80 2451.84 2451.84 2451.80 Tonnes [+]
Terrorism Index 2.75 2.36 3.71 1.98 [+]
Tourism Revenues 1804.44 1987.08 5470.92 1128.47 EUR Million [+]
Weapons Sales 660.00 670.00 1715.00 8.00 USD Million [+]
Crude Oil Production 92.00 92.00 120.00 23.00 BBL/D/1K [+]
Foreign Direct Investment 5000.00 1723.00 14203.00 -10787.00 EUR Million [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Italy Balance of Trade

In 2017, Italy's trade surplus fell to EUR 47 billion from a record high of EUR 50 billion in the previous year, as imports jumped 9 percent to EUR 401 billion, the highest level since 2011, and exports rose at a softer 7 percent to an all-time high of EUR 448 billion. The biggest trade surpluses were recorded with the United States, the United Kingdom, France, Switzerland, Poland and Japan; and the biggest trade deficits with China, the Netherlands, Germany, Belgium and Russia. 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 - actual data, historical chart and calendar of releases - was last updated on April of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
3104.28 -91.56 7902.67 -6389.30 1991 - 2018 EUR Million Monthly
Current Prices, NSA




balance of trade by Country
Country Last
Australia 825.00 Feb/18
Brazil 6280.75 Mar/18
Canada -2686.00 Feb/18
China -49.83 Mar/18
Euro Area 18897.50 Feb/18
France -5186.00 Feb/18
Germany 18400.00 Feb/18
India -13690.00 Mar/18
Indonesia 1091.70 Mar/18
Italy 3104.28 Feb/18
Japan 797.35 Mar/18
Mexico 1062.00 Feb/18
Netherlands 4514.00 Feb/18
Russia 12192.00 Feb/18
South Korea 6865.00 Mar/18
Spain -3935000.00 Jan/18
Switzerland 3215.34 Feb/18
Turkey -5760.71 Feb/18
United Kingdom -965.00 Feb/18
United States -57591.00 Feb/18


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