Italy Balance of Trade

Last Release

May 31, 2025

Actual

6,163

Units In

EUR Million

2,482

Frequency

Monthly

Next Release

Aug 11, 2025

Time to Release

25 Days 7 Hours

Highest	Lowest	Average	Date Range	Source
9,550.66 Jul 2020	-9,569 Aug 2022	1,371.7 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 recorded a trade surplus of EUR 6.163 billion in May 2025, down from EUR 6.377 billion in the same month last year. Despite the slight narrowing, the figure significantly exceeded market expectations of a EUR 2.87 billion surplus and marked the highest amount since July 2024. Exports fell by 1.9% year-on-year to EUR 55.088 billion, driven mainly by a 4.6% drop in sales to non-EU countries, which more than offset a modest 0.7% increase in exports to EU markets. The most significant negative contributions came from computers, electronic and optical equipment (-15.9%) and sporting goods, games, musical instruments, precious metals, medical instruments, and other miscellaneous products (-15.1%). Meanwhile, imports declined by 1.7% to EUR 48.925 billion, with a sharper drop in purchases from non-EU countries (-3.4%) compared to EU nations (-0.4%). The decline was primarily driven by lower imports of energy products (-14.2%), intermediate goods (-6.6%), and capital goods (-2.6%).