Italy

1.15

Econ Complexity 24th of 184
1980
2015

$446B

Exports 7th of 221
1980
2015

$404B

Imports 11th of 221
1980
2015

$37.2k

GDP Per Capita 31st of 184
1990
2015

Italy is the 7th largest export economy in the world and the 24th most complex economy according to the Economic Complexity Index (ECI). In 2015, Italy exported $446B and imported $404B, resulting in a positive trade balance of $42.2B. In 2015 the GDP of Italy was $1.82T and its GDP per capita was $37.2k.

The top exports of Italy are Packaged Medicaments ($20.1B), Cars ($14B), Refined Petroleum ($12.7B), Vehicle Parts ($12.1B) and Valves ($7.75B), using the 1992 revision of the HS (Harmonized System) classification. Its top imports are Cars ($22.8B), Crude Petroleum ($22.7B), Petroleum Gas ($16.2B), Packaged Medicaments ($14.1B) and Vehicle Parts ($7.33B).

The top export destinations of Italy are Germany ($51.5B), France ($43.1B), the United States ($43B), the United Kingdom ($24.6B) and Spain ($19.7B). The top import origins are Germany ($62.5B), France ($35.5B), China ($31B), the Netherlands ($22.4B) and Belgium-Luxembourg ($19.8B).

Italy borders Austria, Switzerland, France, San Marino, Slovenia and the Holy See (Vatican City) by land and Algeria, Libya, Tunisia, Albania, Spain, Greece, Croatia, Malta and Montenegro by sea.

Economic Complexity of Italy

More on Italy from our other sites