Italy is the 8th largest export economy in the world. In 2016, Italy exported $455B and imported $401B, resulting in a positive trade balance of $54.3B. In 2016 the GDP of Italy was $1.85T and its GDP per capita was $38.2k.
The top exports of Italy are Packaged Medicaments ($16.6B), Cars ($15.1B), Vehicle Parts ($12.5B), Refined Petroleum ($10.5B) and Leather Footwear ($7.55B), using the 1992 revision of the HS (Harmonized System) classification. Its top imports are Cars ($27.5B), Crude Petroleum ($18.9B), Packaged Medicaments ($14.4B), Petroleum Gas ($12.2B) and Vehicle Parts ($7.74B).
The top export destinations of Italy are Germany ($58.3B), France ($48.6B), the United States ($40.9B), the United Kingdom ($24.9B) and Spain ($23.2B). The top import origins are Germany ($67.2B), France ($35.7B), China ($26.4B), Spain ($22.5B) and Belgium ($20.8B).