Italy

1.12

Econ Complexity 20th of 126
1980
2017

$482B

Exports 7th of 221
1980
2017

$441B

Imports 10th of 221
1980
2017

$39.4k

GDP Per Capita 33rd of 214
1990
2017
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Italy is the 7th largest export economy in the world and the 20th most complex economy according to the Economic Complexity Index (ECI). In 2017, Italy exported $482B and imported $441B, resulting in a positive trade balance of $40.8B. In 2017 the GDP of Italy was $1.93T and its GDP per capita was $39.4k.

The top exports of Italy are Packaged Medicaments ($21.7B), Cars ($18.5B), Refined Petroleum ($13.7B), Vehicle Parts ($13.2B) and Valves ($7.73B), using the 1992 revision of the HS (Harmonized System) classification. Its top imports are Cars ($31.2B), Crude Petroleum ($24.8B), Packaged Medicaments ($15.1B), Petroleum Gas ($14.5B) and Vehicle Parts ($8.53B).

The top export destinations of Italy are Germany ($58.5B), France ($48B), the United States ($45B), the United Kingdom ($24.9B) and Spain ($23.3B). The top import origins are Germany ($72.2B), France ($39.7B), China ($31.8B), the Netherlands ($24.8B) and Spain ($22.7B).

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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