Italy Balance of Trade

Last Release

Apr 30, 2025

Actual

2,482

Units In

EUR Million

3,657

Frequency

Monthly

Next Release

Jul 16, 2025

Time to Release

1 Months 0 Days 7 Hours

Highest	Lowest	Average	Date Range	Source
9,550.66 Jul 2020	-9,569 Aug 2022	1,360.07 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.

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Italy recorded a trade surplus of EUR 2.482 billion in April 2025, below market expectations of EUR 2.75 billion and down from a surplus of EUR 4.829 billion in the same month of the previous year. This marked the smallest surplus since the trade deficit recorded in January 2025. Imports rose by 5.4% year-on-year to EUR 50.426 billion, with purchases from non-EU countries increasing significantly (11.5%) compared to those from EU countries (0.8%). The growth in imports was primarily driven by pharmaceutical, medicinal chemical, and botanical products (76.9%) and electricity, gas, steam, and air conditioning supply (25.5%). Meanwhile, exports grew by a modest 0.4% to EUR 52.908 billion, supported by higher sales to EU markets (2.1%), while exports to non-EU markets declined (-1.4%). Among products, export growth was strongest in pharmaceutical, medicinal chemical, and botanical products (30.1%) and basic metals and metal products (5.5%).