Italy

1.21

Econ Complexity 22nd of 185
1980
2014

$509B

Exports 8th of 220
1980
2014

$466B

Imports 10th of 220
1980
2014

$35.5k

GDP Per Capita 30th of 185
1990
2014

Italy is the 8th largest export economy in the world and the 22nd most complex economy according to the Economic Complexity Index (ECI). In 2014, Italy exported $509B and imported $466B, resulting in a positive trade balance of $43.5B. In 2014 the GDP of Italy was $2.14T and its GDP per capita was $35.5k.

The top exports of Italy are Packaged Medicaments ($22.9B), Refined Petroleum ($16.7B), Vehicle Parts ($14.3B), Cars ($12.1B) and Valves ($9.3B), using the 1992 revision of the HS (Harmonized System) classification. Its top imports are Crude Petroleum ($38B), Cars ($22.9B), Petroleum Gas ($21.6B), Packaged Medicaments ($14.9B) and Refined Petroleum ($12.6B).

The top export destinations of Italy are Germany ($61.3B), France ($49.8B), the United States ($40.8B), the United Kingdom ($28.1B) and Switzerland ($22.5B). The top import origins are Germany ($70.2B), France ($39.5B), China ($33.2B), the Netherlands ($27.3B) and Russia ($22.9B).

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

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