Italy’s trade surplus widened to €6.0 billion in December 2025, the largest in five months, up from €5.2 billion a year earlier and above expectations of €4.5 billion. Exports rose 4.9% year-on-year to €51.6 billion, driven mainly by higher sales of base metals (+27.8%) and transportation equipment (+25.2%). Shipments increased notably to Switzerland (+41.7%), ASEAN countries (+48.0%), Poland (+18.9%), and France (+5.4%), but declined to Turkey (-17.0%), the UK (-8.7%), and the Netherlands (-9.7%). Meanwhile, imports grew 3.4% to €45.6 billion, reflecting higher purchases of pharmaceuticals (+30.6%), agricultural goods (+21.3%), and base metals (+46.0%). Imports rose primarily from Belgium (+18.7%), Romania (+19.6%), North America (+59.5%), and Central and South America (+32.8%), while falling from Russia (-72.2%) and OPEC countries (-36.5%). For 2025 as a whole, Italy’s trade surplus stood at €50.7 billion, as exports increased 3.3% and imports grew 3.1%. source: National Institute of Statistics (ISTAT)

Italy recorded a trade surplus of 6037.04 EUR Million in December of 2025. Balance of Trade in Italy averaged 1354.60 EUR Million from 1991 until 2025, 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 March of 2026.

Italy recorded a trade surplus of 6037.04 EUR Million in December of 2025. Balance of Trade in Italy is expected to be 4410.00 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 4900.00 EUR Million in 2027 and 5400.00 EUR Million in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-01-15 11:00 AM
Balance of Trade
Nov €5.078B €4.183B €5.2B €3.6B
2026-02-17 09:00 AM
Balance of Trade
Dec €6.037B €5.056B €4.5B €4.5B
2026-03-20 09:00 AM
Balance of Trade
Jan €6.037B €0.5B


Related Last Previous Unit Reference
Balance of Trade 6037.04 5056.42 EUR Million Dec 2025
Exports 51627.00 53749.00 EUR Million Dec 2025
Imports 45590.00 48693.00 EUR Million Jan 2026
Terms of Trade 109.60 108.20 points Dec 2025
Tourist Arrivals 29232990.00 29231790.00 Persons Dec 2025


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
6037.04 5056.42 9550.66 -9558.37 1991 - 2025 EUR Million Monthly
Current Prices, NSA

News Stream
Italy Trade Surplus Largest in Five Months
Italy’s trade surplus widened to €6.0 billion in December 2025, the largest in five months, up from €5.2 billion a year earlier and above expectations of €4.5 billion. Exports rose 4.9% year-on-year to €51.6 billion, driven mainly by higher sales of base metals (+27.8%) and transportation equipment (+25.2%). Shipments increased notably to Switzerland (+41.7%), ASEAN countries (+48.0%), Poland (+18.9%), and France (+5.4%), but declined to Turkey (-17.0%), the UK (-8.7%), and the Netherlands (-9.7%). Meanwhile, imports grew 3.4% to €45.6 billion, reflecting higher purchases of pharmaceuticals (+30.6%), agricultural goods (+21.3%), and base metals (+46.0%). Imports rose primarily from Belgium (+18.7%), Romania (+19.6%), North America (+59.5%), and Central and South America (+32.8%), while falling from Russia (-72.2%) and OPEC countries (-36.5%). For 2025 as a whole, Italy’s trade surplus stood at €50.7 billion, as exports increased 3.3% and imports grew 3.1%.
2026-02-17
Italy’s Trade Surplus Widens in November
Italy’s trade surplus widened to €5.08 billion in November 2025, up from €3.39 billion a year earlier, slightly below market expectations of €5.2 billion. Exports edged 0.1% lower, weighed down by sharp declines in other manufacturing (-19.7%), refining (-31.3%), electronics (-12.1%), other transportation (-8.2%), and chemicals (-2.5%), partly offset by gains in metals (17.0%), pharmaceuticals (6.1%), machinery (3.2%), and motor vehicles (9.1%). Exports fell to major partners including Turkey (-40.5%), the UK (-16.2%), ASEAN (-21.5%), the US (-2.9%), and the Netherlands (-9.7%), while rising to OPEC (18.9%), Switzerland (12.2%), and Belgium (9.4%). Imports fell 3.5%, driven by lower purchases of pharmaceuticals (-25.6%), crude oil (-39.5%), and natural gas (-17.3%), with declines from OPEC (-34.6%), Belgium (-11.0%), the US (-8.2%), Switzerland (-14.1%), and China (-4.2%).
2026-01-15
Italy Trade Surplus Narrows Less than Expected
Italy’s trade surplus narrowed to EUR 4.16 billion in October 2025 from the EUR 4.62 billion in the same month a year earlier, but it was above market expectations of EUR 3.22 billion, with exports growing less than imports. Exports increased by 2.3% year-on-year to EUR 58.56 billion, supported by higher sales to both EU (+0.5%) and non-EU (+4.1%) markets. The sectors contributing most to the growth were pharmaceuticals, medicinal chemicals, and botanicals (+18.5%) and basic metals and fabricated metal products, excluding machinery and equipment (+13.7%). Among key trading partners, exports grew mostly to Switzerland (+34.9%), the United States (+9.7%), OPEC countries (+15.8%), Spain (+7.3%), and France (+3.7%). Meanwhile, imports rose faster at 3.4% to EUR 54.41 billion, with purchases from non-EU (+4.2%) rising more than EU markets (+2.7%). From January to October, the country’s trade surplus stood at EUR 39.6 billion, largely unchanged from EUR 39.8 billion the same period in 2024.
2025-12-16