Italy Balance of Trade

Last Release

Feb 28, 2025

Actual

4,466

Units In

EUR Million

-264

Frequency

Monthly

Next Release

May 16, 2025

Time to Release

24 Days 22 Hours

Highest	Lowest	Average	Date Range	Source
9,550.66 Jul 2020	-9,569 Aug 2022	1,351.73 EUR Million	1991-2025	National Institute of Statistics (ISTAT)

In 2017, Italy's trade surplus fell to EUR 47 billion from a record high of EUR 50 billion in the previous year, as imports jumped 9 percent to EUR 401 billion, the highest level since 2011, and exports rose at a softer 7 percent to an all-time high of EUR 448 billion. The biggest trade surpluses were recorded with the United States, the United Kingdom, France, Switzerland, Poland and Japan; and the biggest trade deficits with China, the Netherlands, Germany, Belgium and Russia.

Latest Updates

Italy posted a trade surplus of €4.466 billion in February of 2025, narrowing from the €6.000 billion surplus in the corresponding period of the previous year amid a jump in annual import turnover. Imports rose by 4.1% annually to €49.325 billion, lifted by a 39.6% surge in foreign purchases of natural gas, amid some traction in Italian power demand while uncertain supply due to the halt of flows from Ukraine at the turn of the year raised prices. Foreign purchases also rose for food and beverages (8.2%), pharmaceutical articles (21%), and transportation goods. In turn, exports grew by a softer 0.8% annually to €53.791 billion, as increased sales of pharmaceutical goods (31.2%), transportation goods excluding autos (9.6%) and sporting goods (6.5%) offset declines in cars (-11.5%), machinery (-11.5%), and coke and refined petroleum chemicals (-25.8%).