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

Italy's trade deficit narrowed to EUR 0.09 billion in January of 2018 from EUR 0.58 billion in the same month a year earlier, compared to market expectations of a EUR 4.87 billion surplus. Balance of Trade in Italy averaged 832.75 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 Deficit Narrows in January


Italy's trade deficit narrowed to EUR 0.09 billion in January of 2018 from EUR 0.58 billion in the same month a year earlier, compared to market expectations of a EUR 4.87 billion surplus.

Exports jumped 9.5 percent year-on-year to EUR 34.69 billion in January from EUR 31.68 billion, boosted by higher sales of pharmaceutical, chemical-medicinal and botanical articles (25.9 percent); basic metals and metal products (17.1 percent); substances and chemical products (14.4 percent); food, beverages and tobacco (12.8 percent) and clothing, textiles and accessories (8.0 percent). On the other hand, exports of agriculture, forestry and fishing declined by 2.0 percent.

Exports rose mainly to Switzerland (22.0 percent), Poland (21.5 percent), India (19.6 percent), Czech Republic (19.3 percent) and Belgium (14.4 percent). Meanwhile, sales decreased to OPEC countries (-13.4 percent), ASEAN (-7.2 percent), Japan (-5.3 percent) and the US (-1.4 percent)

Imports increased 7.8 percent to 34.78 EUR billion in January from EUR 32.26 billion a year earlier, mostly due to higher purchases of substances and chemical products (18.4 percent); basic metals and metal (17.4 percent); food, beverages and tobacco (10.1 percent); transport (9.1 percent) and clothing, textiles and accessories (8.8 percent). Meantime, imports of mineral products fell by 8.7 percent.

Imports advanced mainly to India (39.0 percent), OPEC countries (18.6 percent), Belgium (17.7 percent), Germany (17.5 percent) and Romania (14.9 percent). In contrast, imports went down from Switzerland (-13.0 percent), Russia (-9.9 percent), ASEAN countries (-9.7 percent), Spain (-4.5 percent) and the US (-2.4 percent).

With European Union countries, the trade surplus widened to EUR 439 million from EUR 315 million in January last year.


Istat | Stefanie Moya |
3/19/2018 11:03:48 AM



Calendar GMT Actual Previous Consensus TEForecast
2018-01-16 10:00 AM Balance of Trade €4.83B €4.988B €5.22B €4.2B
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 €-0.087B €2.0B
2018-05-17 08:00 AM Balance of Trade €7.2B
2018-06-18 08:00 AM Balance of Trade €3.8B


Italy Trade Last Previous Highest Lowest Unit
Balance of Trade -87.35 5249.00 7902.67 -6389.30 EUR Million [+]
Exports 34695.17 36803.86 42284.43 5946.40 EUR Million [+]
Imports 34782.52 31550.77 38526.50 5285.80 EUR Million [+]
Current Account -1266.00 6165.00 19332.70 -10633.40 EUR Million [+]
Current Account to GDP 2.70 1.50 2.90 -3.70 percent [+]
External Debt 2116930.00 2114116.00 2145272.00 524899.00 EUR Million [+]
Terms of Trade 101.40 111.40 115.60 91.40 Index Points [+]
Capital Flows 3635.50 -200.80 17094.70 -27541.10 EUR Million [+]
Remittances 177.71 179.80 202.52 96.92 EUR Million [+]
Gold Reserves 2451.84 2451.84 2451.84 2451.84 Tonnes [+]
Terrorism Index 2.75 2.36 3.71 1.98 [+]
Tourism Revenues 1999.87 2051.47 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 1723.00 518.00 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 March of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-87.35 5249.00 7902.67 -6389.30 1991 - 2018 EUR Million Monthly
Current Prices, NSA




balance of trade by Country
Country Last
Australia 1055.00 Jan/18
Brazil 4907.08 Feb/18
Canada -1910.00 Jan/18
China 337.40 Feb/18
Euro Area 3266.70 Jan/18
France -5560.00 Jan/18
Germany 17400.00 Jan/18
India -11979.21 Feb/18
Indonesia -116.00 Feb/18
Italy -87.35 Jan/18
Japan 3.41 Feb/18
Mexico 1062.00 Feb/18
Netherlands 3428.00 Jan/18
Russia 16991.00 Jan/18
South Korea 3300.00 Feb/18
Spain -3935000.00 Jan/18
Switzerland 3215.34 Feb/18
Turkey -9067.11 Jan/18
United Kingdom -3074.00 Jan/18
United States -56601.00 Jan/18


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