Italy Balance of Trade  1991-2017 | Data | Chart | Calendar | Forecast

Italy's trade surplus rose to €5.4 billion in March 2017 from €5.2 billion surplus in the same month of the previous year while market expected €1.97 billion surplus. Exports increased by 14.5 percent to €42.39 billion, led by higher purchases of coke and refined petroleum products and vehicles; while imports grew by 16.3 percent to €36.97 billion, as purchases of crude oil and coke and refined petroleum products rose the most. With EU countries, Italy registered a trade surplus of €1.25 billion and with non-EU ones - €4.2 billion. Balance of Trade in Italy averaged 736.06 EUR Million from 1991 until 2017, 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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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2017-03-17 09:00 AM Jan €-0.57B €5.73B €3.45B €0.04B
2017-04-19 08:10 AM Feb €1.88B €-0.57B €2.24B €3.9B
2017-05-17 08:00 AM Mar €5.42B €1.88B €1.97B €4.7B
2017-06-16 08:00 AM Apr €5.42B
2017-07-14 09:00 AM May
2017-08-10 09:00 AM Jun




Italy Trade Surplus Widens In March


taly's trade surplus rose to €5.4 billion in March 2017 from €5.2 billion surplus in the same month of the previous year while market expected €1.97 billion surplus. Exports increased by 14.5 percent to €42.39 billion, led by higher purchases of coke and refined petroleum products and vehicles; while imports grew by 16.3 percent to €36.97 billion, as purchases of crude oil and coke and refined petroleum products rose the most. With EU countries, Italy registered a trade surplus of €1.25 billion and with non-EU ones - €4.2 billion.

Year-on-year, exports rose 14.5 percent to €42.39 billion, boosted by higher sales of: coke and refined petroleum products (47.1 percent); vehicles (28.1 percent); pharmaceuticals and chemicals (22.8 percent); and electrical appliances (5 percent). By main industrial groups, sales rose for: energy (47.5 percent); intermediate goods (15.7 percent); consumer goods (14.1 percent) and capital goods (11.9 percent).

The biggest increases in shipments were reported for: China (32.3 percent); Russia (21.2 percent); Spain (23.4 percent); Poland (24.5 percent) and Germany (16.3 percent). 

Imports increased 16.3 percent to €36.97 billion, led by gains in purchases of: crude oil (68 percent); coke and refined petroleum products (59.2 percent); vehicles (26.6 percent); pharmaceuticals and chemicals (23.7 percent); and base metals (20.3 percent). By main industrial groups, purchases rose for: energy (13.6 percent); capital goods (15.3 percent); intermediate goods (33 percent); and consumer goods (11.1 percent).

The rise in imports mainly reflected the increase in purchases from OPEC countries (62.1 percent), Turkey (26 percent), Austria (12.9 percent); Spain (25.8 percent); Germany (15.3 percent); the US (42.2 percent) and India (32.6 percent).


Istat | Yekaterina Guchshina | yekaterina@tradingeconomics.com
5/17/2017 9:13:24 AM



Italy Trade Last Previous Highest Lowest Unit
Balance of Trade 5418.04 1879.55 7902.67 -6389.30 EUR Million [+]
Exports 42388.97 34873.80 42388.97 5946.40 EUR Million [+]
Imports 36970.93 32994.25 38526.50 5285.80 EUR Million [+]
Current Account 3121.40 1282.70 19332.70 -10633.40 EUR Million [+]
Current Account to GDP 2.20 0.90 2.90 -3.70 percent [+]
External Debt 2101462.00 2101462.00 2145272.00 524899.00 EUR Million [+]
Terms of Trade 111.70 111.80 115.60 91.40 Index Points [+]
Capital Flows 250.20 -3763.20 16541.10 -27627.60 EUR Million [+]
Remittances 160.68 174.42 221.00 97.00 EUR Million [+]
Gold Reserves 2451.84 2451.84 2451.84 2451.84 Tonnes [+]
Crude Oil Production 96.00 104.00 120.00 23.00 BBL/D/1K [+]
Foreign Direct Investment -2617.30 1244.20 14203.00 -10786.60 EUR Million [+]
Terrorism Index 2.36 3.36 3.71 1.98 [+]
Tourism Revenues 2148.19 1598.31 5022.00 1128.47 EUR Million [+]
Weapons Sales 802.00 692.00 1715.00 8.00 USD Million [+]

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



Italy Balance of Trade Notes

Since February of 2013, Italy has been recording consistent trade surpluses due to a reduction in imports and rising exports. In 2014 as a whole, the country posted the biggest trade surplus since 1993. In recent years, the biggest trade surpluses were recorded with the United States, France, Switzerland, and the United Kingdom and the biggest trade deficits with China, Netherlands, Germany 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 May of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
5418.04 1879.55 7902.67 -6389.30 1991 - 2017 EUR Million Monthly
Current Prices, NSA



balance of trade by Country

Last
Australia 3107.00 Mar/17
Brazil 6969.00 Apr/17
Canada -134.70 Mar/17
China 380.48 Apr/17
Euro Area 30899.90 Mar/17
France -5353.00 Mar/17
Germany 25385.00 Mar/17
India -13249.19 Apr/17
Indonesia 1238.30 Apr/17
Italy 5418.04 Mar/17
Japan 481.75 Apr/17
Mexico 616.79 Apr/17
Netherlands 6719.00 Mar/17
Russia 12598.00 Mar/17
South Korea 13254.00 Apr/17
Spain -1458000.00 Mar/17
Switzerland 1968.25 Apr/17
Turkey -4492.00 Mar/17
United Kingdom -4900.00 Mar/17
United States -43706.00 Mar/17