Italy Balance of Trade

Last Release

Jul 31, 2025

Actual

7,907.7

Units In

EUR Million

5,409

Frequency

Monthly

Next Release

Oct 16, 2025

Time to Release

28 Days 5 Hours

Highest	Lowest	Average	Date Range	Source
9,550.66 Jul 2020	-9,569 Aug 2022	1,397.17 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 €7.9 billion in July 2025, up from €6.8 billion a year earlier, above the expected €5.5 billion, as exports rose faster than imports. Exports grew 7.3% year-on-year to €61.6 billion, driven by higher sales to non-EU (+9.9%) and EU (+4.8%) markets. Strong gains came from transportation equipment excluding motor vehicles (+45.6%), pharmaceuticals (+28.5%), base metals (+7.0%), and food, beverages & tobacco (+6.1%). By destination, shipments rose sharply to the US (+24.1%), ASEAN (+37.4%), Spain (+13.8%), UK (+9.0%), France (+4.7%), Switzerland (+9.5%), and Poland (+12.5%), while declines were recorded for the Netherlands (-7.8%), China (-4.0%), and Turkey (-2.5%). Meanwhile, imports increased 6.1%, with non-EU purchases surging 13.1% versus a modest 0.8% rise from the EU. Over January–July 2025, exports rose 2.9% while imports advanced 4.8%, narrowing the trade surplus to €30.7 billion from €36.0 billion last year.