Italy Balance Of TradeItaly Balance Of TradeItaly Balance Of Trade

Italy Balance Of Trade

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Key data points


Last release
Observation period
Aug 2024
Next release
Forecast
‪2.55 B‬EUR
Highest
‪9.55 B‬EUR on Jul 31, 2020
Lowest
‪−9.56 B‬EUR on Aug 31, 2022

About Italy Balance Of Trade


Category
Trade
Frequency
Monthly
Units
EUR
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.