Italy

1.21

Econ Complexity 19th of 214
1980
2016

$449B

Exports 7th of 221
1980
2016

$397B

Imports 10th of 221
1980
2016

$38.4k

GDP Per Capita 29th of 214
1990
2016
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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).

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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