Italy Balance of Trade

Last Release

Nov 30, 2025

Actual

5,078.15

Units In

EUR Million

4,156.16

Frequency

Monthly

Next Release

Feb 17, 2026

Time to Release

30 Days 5 Hours

Highest	Lowest	Average	Date Range	Source
9,550.66 Jul 2020	-9,569 Aug 2022	1,417.57 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’s trade surplus widened to €5.08 billion in November 2025, up from €3.39 billion a year earlier, slightly below market expectations of €5.2 billion. Exports edged 0.1% lower, weighed down by sharp declines in other manufacturing (-19.7%), refining (-31.3%), electronics (-12.1%), other transportation (-8.2%), and chemicals (-2.5%), partly offset by gains in metals (17.0%), pharmaceuticals (6.1%), machinery (3.2%), and motor vehicles (9.1%). Exports fell to major partners including Turkey (-40.5%), the UK (-16.2%), ASEAN (-21.5%), the US (-2.9%), and the Netherlands (-9.7%), while rising to OPEC (18.9%), Switzerland (12.2%), and Belgium (9.4%). Imports fell 3.5%, driven by lower purchases of pharmaceuticals (-25.6%), crude oil (-39.5%), and natural gas (-17.3%), with declines from OPEC (-34.6%), Belgium (-11.0%), the US (-8.2%), Switzerland (-14.1%), and China (-4.2%).