Italy export Statistics

Italy Export Data

The Republic of Italy or the Italian Republic are popular names for Italy. This country has a peculiar location, it is in Southern Europe, in the middle of the Mediterranean Sea. Italy is regarded as one of the world's most industrialized nations. In terms of land area, Italy is the tenth largest nation in Europe. Italy occupies 301,340 km^2 of territory, placing it in the 73rd position in the world by area. According to Italy trade statistics for 2023, out of 226 countries, Italy is the 6th largest exporter of goods worldwide. Italy is a country that has been recognized for its vibrant export industry. By getting insights into this information, we can gain valuable knowledge about Italy's export performance, and export data trends, and identify potential opportunities or challenges. The Italy trade database that we provide, comes under two database reports - Statistical data and Bill of lading data. 

According to Italy's export data, Italy's goods exports were valued at $677 billion in 2023. Italy's goods exports increased by 3% in 2023 over the previous year. Based on Italy shipment data for 2023, Italy’s biggest exports are nuclear reactors and machinery, while Germany is its biggest export partner. Italy’s GDP is $2.25 trillion, with a GDP export share of 35.05%. Italy is part of significant trading blocs such as the EU, WTO, and OECD. Let us delve into Italy's export data, focusing on the export trends and insights for the year 2023.

 Italy Export Data | Italy Trade Data

6

The country is ranked 6th in global exports, showing a significant position in the international trade landscape.

2.5%

With a mere 2.5% share in global export trade, it becomes evident that its presence in the international export market is fairly on the rise. 

GERMANY

Germany holds a significant role as the largest export partner of the country in terms of goods exports.

NUCLEAR REACTORS AND MACHINERY

Nuclear reactors and machinery are the major and biggest export commodities of the country, playing a vital role in its economy.

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Top 10 Exports of Italy: Italy Export Data by HS Code

Italy, known for its rich cultural heritage and exquisite cuisine, also boasts a thriving export industry. The top 10 exports of this European nation encompass a diverse range of products. Italy's top exports include machinery, vehicles, pharmaceuticals, furniture, clothing, and footwear. Italy’s top 10 exports in 2023, as per its export data are:

  • Nuclear reactors and machinery (HS code 84): 17.24% ($116.73 billion)
  • Vehicles (HS code 87): 7.95% ($53.83 billion)
  • Pharmaceutical products (HS code 30): 7.43% ($50.32 billion)
  • Electrical machinery and equipment (HS code 85): 6.54% ($44.27 billion)
  • Plastics and articles thereof (HS code 39): 3.64% ($24.67 billion)
  • Mineral fuels and oils (HS code 27): 3.52% ($23.81 billion)
  • Articles of iron or steel (HS code 73): 3.33% ($22.56 billion)
  • Precious stones and metals, pearls (HS code 71): 2.99% ($20.22 billion)
  • Optical, medical, or surgical instruments (HS code 90): 2.56% ($17.32 billion)
  • Iron and steel (HS code 72): 2.53% ($17.12 billion)
  • Partners

    Top 10 Export Partners of Italy

    As for Italy's top 10 export partners, the country has established strong trade relationships with key economies. Germany takes the lead as Italy's largest export partner, followed closely by France and the United States. Italy’s top 10 export partners in 2023 based on Italy shipment data include:

    Value In Percentage(%)

  • Germany: 12.3% (86 billion US$)
  • USA: 10.4% (73 billion US$)
  • France: 9.98% (69 billion US$)
  • Spain: 5.1% (35 billion US$)
  • Switzerland: 4.94% (34 billion US$)
  • United Kingdom: 4.37% (30 billion US$)
  • Belgium: 3.65% (25 billion US$)
  • Poland: 3.1% (21 billion US$)
  • Netherlands: 2.98% (20 billion US$)
  • China: 2.65% (18.5 billion US$)
  • Sample Data

    What is Italy Export Data?

    We obtain trustworthy data from organizations, shipping businesses, and customs ports. This Trade Data contains a wide range of fields, such as HS codes, product descriptions, prices, quantities, origin country, destination country, and port names together with currency values. For traders and marketers, this trade data is crucial information that helps them to make informed decisions. From the HS codes and product descriptions to the quantity and cost of each product, everything can be obtained through this trade data. We have included a sample of this trade data for your convenience and greater understanding so that you can see what the trade data looks like as a whole, with complete details.

    Italy export data refers to the statistical records that capture all the goods and services exported by Italy to other countries. This data provides information on the volume, value, and destination of Italy's exported products. It covers a wide range of industries including machinery, automobiles, fashion, food products, and more. By examining this data, analysts can identify the top export industries, destination markets, and key trade partners of Italy. Italy's goods exports were valued at $677 billion in 2023. The information we give you on Italy's trade and export data is incredibly helpful and informative. All of the information in our database is derived from recently updated shipping bills, invoices, and other crucial transaction documents. You will undoubtedly find our database and information to be very helpful in identifying the ideal market for gauging possible gains and market risks. We obtain trustworthy data from approved ports, organizations, and other shipping firms in Italy. Italy trade data contains a range of fields. We obtain trustworthy data from organizations, shipping businesses, government authorities, and customs ports. For traders and marketers, the Italy statistical trade data and Italy B/L data are crucial information that helps them make informed decisions. Everything can be obtained through this shipment data from the HS codes and HS code descriptions, the quantity, and the origin & destination country. We have included a sample of the shipment data for your convenience and greater understanding so that you can see what the trade data looks like as a whole, with complete details. In our Italy statistical data report, we include the date, HS codes, HS code description, quantity, destination country, and value of each product from Italy shipment data. In our Italy B/L data, we also include the importer/exporter name, product description, quantity, HS code, and port name. In this comprehensive statistical database and B/L database, we ensure that every detail is meticulously recorded, which makes this trade data efficient for businesses worldwide. 

    Benefits

    Benefits of Italy Export Data

  • Produce authentic leads via the Italian export market.
  • Learn about Italy's most recent product demand.
  • Get access to Italy’s export trends. .
  • Provide your marketing plan with a data-driven approach.
  • Become well-known in the Italian market.
  • Establish enduring company objectives and optimize earnings.
  • Frequently Asked Questions!!

    According to Italy trade statistics, Italy's exports in 2023 have a total value of $677 billion.

    According to the latest Italy trade records, the top exports of Italy in 2023 were nuclear reactors and machinery, vehicles, and pharmaceuticals.

    Germany is the major destination for Italian exports, accounting for more than half of all exports based on Italy trade activities. 

    Italy's main industries driving export growth include fashion and luxury goods, automotive, machinery, and food and beverage. 

    Some challenges faced by Italian exporters include competition from emerging economies, fluctuating exchange rates, and changing consumer preferences. 

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