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Italy import Statistics

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, as per Italy trade statistics. Based on Italy shipment data for 2023, Italy’s biggest imports are mineral fuels and oils, while Germany is its biggest import partner as per the data on Italy trade partners and Italy import partners. Italy’s total GDP is $2.26 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 imports data and its relevance for the year 2023.

Italy Import Data | Italy Shipment Data

11

The country has been ranked 11th in global imports, showing a significant position in the international trade landscape.

2.2%

With a mere 2.2% share of global import trade, it becomes evident that its presence in the international import market is fairly on the rise. 

GERMANY

Germany holds a significant role as the largest import partner of the country in terms of goods imports.

MINERAL FUELS AND OILS

Mineral fuels and oils are the major and biggest import commodities of the country, playing a vital role in its economy.

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import

Top 10 Imports of Italy: Italy Imports by HS Code

Italy, known for its rich culture and culinary delights, also holds a prominent place in international trade. When it comes to imports, Italy boasts an impressive array of products that play a crucial role in sustaining its industrial and agricultural sectors. The top 10 imports of Italy in 2023, according to Italy import data and Italy trade data are:

  • Mineral fuels and oils (HS code 27): 14.63% ($93.65 billion)
  • Vehicles (HS code 87): 9.61% ($61.52 billion) 
  • Nuclear reactors and machinery (HS code 84): 9.14% ($58.51 billion)
  • Electrical machinery and equipment (HS code 85): 8.64% ($55.27 billion)
  • Pharmaceutical products (HS code 30): 5.11% ($32.73 billion)
  • Organic chemicals (HS code 29): 4.1% ($26.24 billion)
  • Plastics and articles thereof (HS code 39): 4.04% ($25.83 billion)
  • Iron and steel (HS code 72): 3.97% ($25.40 billion)
  • Optical, medical, or surgical instruments (HS code 90): 2.69% ($17.22 billion) 
  • Precious stones and metals, pearls (HS code 71): 2.66% ($17.03 billion)
    • Partners

    Top 10 Import Partners of Italy: Italy Imports by Country

    Moreover, Italy's import partners play a crucial role in facilitating its trade flows. The top Italy trade partners have forged strong economic ties with Italy, allowing for a seamless exchange of products and resources. Germany is the biggest import partner of Italy. Italy’s top 10 import partners in 2023 based on Italy shipment data and Italy trade records include:

    Value In Percentage(%)

  • Germany: 15.2% (96.97 billion US$)
  • China: 8% (51.45 billion US$)
  • France: 7.9% (50.31 billion US$)
  • Netherlands: 6.2% (39.36 billion US$)
  • Spain: 5.5% (35.41 billion US$)
  • Belgium: 4.5% (28.90 billion US$)
  • USA: 4.3% (27.21 billion US$)
  • Switzerland: 3% (19.40 billion US$)
  • Poland: 2.7% (17.39 billion US$)
  • Algeria: 2.4% (15.22 billion US$)
    • Sample Data

    Italy Import Data Overview

    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's import data provides a comprehensive snapshot of the country's international trade activity. It reveals the volume, value, and source of goods imported into Italy. By analyzing this data, businesses can identify emerging market trends, assess the competition, and uncover lucrative business opportunities. According to Italy statistical data for its imports, Italy's goods exports were valued at $639.6 billion in 2023. Italy’s import data and Italy trade data information that we provide to you is very useful and informative. Our shipment data is based on updated and fresh shipping bills, invoices, and other important documentation needed for trading. The information and database we provide to you will surely help you make perfect decisions concerning selecting the potential market to measure profits and market risks. We collect reliable information from Italy’s authorized ports, institutions, and other shipping companies. A variety of fields are included in Italy trade records. 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 for Italy imports and exports. 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.

    Italy Import Data
    ID 7 MONTH Jul-24
    FLOW Import STAT REGIME Normal
    HS CODE 01012100 PRODUCT DESCRIPTION Pure-bred breeding horses
    Importer Country ITALY ORIGIN COUNTRY France
    TRADE TYPE Intra-EU Trade SUP QUANTITY 2
    SUPP UNIT NUMBER OF ITEMS NET WEIGHT 955
    US CIF 201829 VALUE IN EUROS 186155
    Benefits

    Benefits of Italy Import Data

  • Determine prospective import sectors from the Italian market.
  • Find out what Italy's current product demand is.
  • Get access to Italy’s import trends.
  • Use a marketing strategy that relies on data.
  • Boost the visibility of your brand in the Italian market.
  • Goal-set for the future and increase sales by twice.

    • Frequently Asked Questions!!

    As of 2023, Italy is the 11th largest importer in the world according to Italy trade records. 

    Based on Italy trade statistics for 2023, the top imports of Italy include mineral fuels and oils, vehicles, machinery, and food products.

    As per the Italy trade activities for 2023, the major countries that Italy imports from are Germany, France, China, the United States, and the Netherlands.

    Italy relies heavily on imports for its industrial and consumer needs, as well as to support its tourism industry.

    According to the Italy import data, Italy's total imports in 2023 amounted to $639.6 billion.

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