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

The trade surplus in Italy fell to EUR 5.68 billion in July of 2018 from EUR 6.56 billion in the corresponding month of the previous year. Figures compare with market expectations of EUR 4.82 billion. Exports went up 6.8 percent but imports rose the most in fourteen months. Balance of Trade in Italy averaged 892.64 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 Trade Surplus Narrows Less than Expected


The trade surplus in Italy fell to EUR 5.68 billion in July of 2018 from EUR 6.56 billion in the corresponding month of the previous year. Figures compare with market expectations of EUR 4.82 billion. Exports went up 6.8 percent but imports rose the most in fourteen months.

Exports rose 6.8 percent year-on-year to EUR 42.73 billion from EUR 40 billion a year earlier, mainly boosted by higher sales of base metals and metal products, excluding machines and plants (+12.4 percent); machines and equipment (+7 percent); refined petroleum products (+41.6 percent) and transport equipment, excluding motor vehicles (+12.0 percent). These increases were partially offset by a decline in shipments of motor vehicles (-6 percent) and pharmaceutical, chemical-medicinal and botanical items (-2.8 percent).

Exports increased to both EU countries (+8.5 percent) and non-EU countries (+4.8 percent), namely to Germany (+9 percent); France (+11.9 percent); Spain (+8.7 percent) and Switzerland (14.4 percent). 

Imports surged 10.8 percent year-on-year to EUR 37.06 billion from EUR 33.43 billion, mainly due to higher purchases of manufacturing products (+10.8 percent); transport equipment (+1.1 percent) and machinery (+11.4 percent).

Higher imports were recorded from EU countries (+6.2 percent) and non-EU countries (17.8 percent), namely Germany (11.7 percent); France (+9.4 percent); China (+7.3 percent) and OPEC countries (+24.5 percent). 

Considering the first seven months of the year, sales rose 4.2 percent and imports 5 percent. The trade surplus reached EUR 24.73 billion.

Considering the period May to July, imports went up 3 percent and exports 1.2 percent, when compared to the previous three month period.


Istat | Agna Gabriel | agna.gabriel@tradingeconomics.com
9/17/2018 9:28:14 AM



Calendar GMT Actual Previous Consensus TEForecast
2018-07-16 08:00 AM Balance of Trade €3.378B €2.985B €3.25B €4.1B
2018-08-10 08:00 AM Balance of Trade €5.071B €3.366B €3.41B € 1.8B
2018-09-17 08:00 AM Balance of Trade €5.676B €5.174B €4.82B €6.6B
2018-10-16 10:00 AM Balance of Trade €5.676B €4.34B €2.9B
2018-11-16 10:00 AM Balance of Trade € 4.2B
2018-12-17 09:00 AM Balance of Trade €5.1B


Italy Trade Last Previous Highest Lowest Unit
Balance of Trade 5676.00 5174.00 7902.67 -6389.30 EUR Million [+]
Exports 42732.72 42272.08 42732.72 5946.40 EUR Million [+]
Imports 37056.49 37097.85 38526.50 5285.80 EUR Million [+]
Current Account 8607.00 5338.00 19332.70 -10633.40 EUR Million [+]
Current Account to GDP 2.80 2.60 2.90 -3.70 percent [+]
External Debt 2138556.00 2177794.00 2177794.00 524899.00 EUR Million [+]
Terms of Trade 99.40 100.70 105.50 83.40 Index Points [+]
Capital Flows 10388.00 -948.90 17094.70 -27541.10 EUR Million [+]
Remittances 154.33 181.00 202.52 96.92 EUR Million [+]
Gold Reserves 2451.80 2451.80 2451.84 2451.80 Tonnes [+]
Terrorism Index 2.75 2.36 3.71 1.98 [+]
Tourism Revenues 5494.80 4147.57 5494.80 1128.47 EUR Million [+]
Weapons Sales 660.00 670.00 1715.00 8.00 USD Million [+]
Crude Oil Production 93.00 93.00 120.00 23.00 BBL/D/1K [+]
Foreign Direct Investment 817.00 -4343.00 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 October of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
5676.00 5174.00 7902.67 -6389.30 1991 - 2018 EUR Million Monthly
Current Prices, NSA




balance of trade by Country
Country Last
Argentina -1127.00 Aug/18
Australia 1604.00 Aug/18
Brazil 4971.00 Sep/18
Canada 526.10 Aug/18
China 316.93 Sep/18
Euro Area 17555.60 Jul/18
France -5632.00 Aug/18
Germany 17174.00 Aug/18
India -13980.00 Sep/18
Indonesia 227.10 Sep/18
Italy 5676.00 Jul/18
Japan -444.59 Aug/18
Mexico -2590.00 Aug/18
Netherlands 3463.00 Aug/18
Russia 15797.00 Aug/18
Saudi Arabia 162782.00 Jun/18
Singapore 6755.10 Aug/18
South Africa 8794.70 Aug/18
South Korea 9746.00 Sep/18
Spain -3247700.00 Jul/18
Switzerland 1407.94 Aug/18
Turkey -2421.79 Aug/18
United Kingdom -1274.00 Aug/18
United States -53237.00 Aug/18


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