Italy is the 7th largest export economy in the world. In 2016, Italy exported $449B and imported $397B, resulting in a positive trade balance of $52.7B. In 2016 the GDP of Italy was $1.86T and its GDP per capita was $38.4k.
The top exports of Italy are Packaged Medicaments ($21.8B), Cars ($15.4B), Vehicle Parts ($12B), Refined Petroleum ($10.1B) and Valves ($7.49B), using the 1992 revision of the HS (Harmonized System) classification. Its top imports are Cars ($27.6B), Crude Petroleum ($18.1B), Packaged Medicaments ($14.4B), Petroleum Gas ($11.3B) and Vehicle Parts ($7.83B).
The top export destinations of Italy are Germany ($52.6B), France ($43.7B), the United States ($43.7B), the United Kingdom ($24B) and Spain ($20.5B). The top import origins are Germany ($64.5B), France ($35.3B), China ($29.8B), the Netherlands ($21.8B) and Spain ($20.7B).