Italy Import 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. This nation's worldwide rankings in any field are quite astounding. The nation is ranked 19th in the world according to the complexity index. When it came to GDP, however, the nation was ranked eighth. Italy is ranked 11th out of 226 nations in terms of overall imports in 2023, based on Italy trade statistics. As a key global player in the import and export arena, Italy has a rich history of trade and commerce. To thrive in international markets, businesses and investors must have accurate and up-to-date information on Italy trade activities. The Italy trade database that we provide, comes under two database reports - Statistical data and Bill of lading data.
According to Italy’s import data, Italy's goods exports were valued at $639.6 billion in 2023. Italy's goods exports declined by 8% in 2023 over the previous year. Based on Italy shipment data for 2023, Italy’s biggest imports are mineral fuels and oils, while Germany is its biggest import partner. Italy’s total GDP is $2.25 trillion, with a GDP import share of 33.67%. Italy is part of major trading blocs such as the EU, WTO, and OECD. Let us explore the significance of Italy import data and its relevance for the year 2023.