Italy’s trade surplus narrowed to EUR 2.454 billion in September of 2021 from EUR 5.847 billion in the corresponding month of the previous year. Imports grew by 22.5 percent from a year earlier to EUR 42.347 billion, driven by intermediate goods (29 percent to EUR 16.1 billion), consumer goods (14 percent to EUR 12.2 billion), in addition to a surge in energy purchases (111.2 percent to EUR 5 billion). Exports rose by 10.3 percent to EUR 44.8 billion, namely for consumer goods (7.4 percent to EUR 15.6 billion), and intermediate goods (20 percent to EUR 14.8 billion). At the same time, sales to EU countries rose by 15 percent, while exports rose 15.7 percent. Exports to countries outside the EU rose 5.2 percent, while inbound purchases rose 32.5 percent. source: National Institute of Statistics (ISTAT)

Balance of Trade in Italy averaged 1276.83 EUR Million from 1991 until 2021, reaching an all time high of 9689.39 EUR Million in July of 2020 and a record low of -6389.31 EUR Million in January of 2011. This page provides the latest reported value for - Italy Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Italy Balance of Trade - data, historical chart, forecasts and calendar of releases - was last updated on December of 2021.

Balance of Trade in Italy is expected to be 7800.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Italy Balance of Trade is projected to trend around 9100.00 EUR Million in 2022 and 8900.00 EUR Million in 2023, according to our econometric models.

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Italy Balance of Trade


Calendar GMT Actual Previous Consensus TEForecast
2021-10-15 09:00 AM Aug €1.316B €8.762B €4.4B
2021-11-17 09:00 AM Sep €2.454B €1.316B €4.1B
2021-12-16 09:00 AM Oct €2.454B


Related Last Previous Unit Reference
Balance of Trade 2454.00 1316.00 EUR Million Sep/21
Imports 42347.12 31330.39 EUR Million Sep/21
Exports 44801.10 32647.59 EUR Million Sep/21
Terms of Trade 103.20 104.40 points Sep/21

News Stream
Italy Trade Surplus Narrows in September
Italy’s trade surplus narrowed to EUR 2.454 billion in September of 2021 from EUR 5.847 billion in the corresponding month of the previous year. Imports grew by 22.5 percent from a year earlier to EUR 42.347 billion, driven by intermediate goods (29 percent to EUR 16.1 billion), consumer goods (14 percent to EUR 12.2 billion), in addition to a surge in energy purchases (111.2 percent to EUR 5 billion). Exports rose by 10.3 percent to EUR 44.8 billion, namely for consumer goods (7.4 percent to EUR 15.6 billion), and intermediate goods (20 percent to EUR 14.8 billion). At the same time, sales to EU countries rose by 15 percent, while exports rose 15.7 percent. Exports to countries outside the EU rose 5.2 percent, while inbound purchases rose 32.5 percent.
2021-11-17
Italy Trade Surplus Narrows in August
Italy’s trade surplus narrowed to EUR 1.316 billion in August of 2021 from EUR 3.929 billion in the corresponding month of the previous year. Imports grew by 31.7 percent from a year earlier to EUR 31.334 billion, driven by intermediate goods (47.5 percent), capital goods (16.5 percent), and consumer goods (9.8 percent), namely durables (35.1 percent). Inbound flows rose 25.1 percent from the EU and 39.9 percent from outside the EU. At the same time, exports to increased by 17.8 percent to EUR 32.650 billion, driven by intermediate goods (28.9 percent), capital goods (11.8 percent), and consumer goods (9.9 percent). Sales to EU countries advanced 19.9 percent, while those to non-EU countries edged up by 15.8 percent.
2021-10-15
Italy Trade Surplus Narrows in July
Italy’s trade surplus narrowed to EUR 8.762 billion in July of 2021 from EUR 9.689 billion in the corresponding month of the previous year. Still, it was the largest surplus in a year. Exports grew by 16.1 percent from a year earlier to EUR 48.964 billion, driven intermediate goods (20.8 percent), capital goods (19.7 percent), and consumer goods (5.6 percent). Sales to EU countries advanced by 14.9 percent, while those to non-EU countries edged up by 17.4 percent. Meanwhile, imports jumped by 23.8 percent to EUR 40.202 billion, driven by intermediate goods (42.9 percent), consumer durables (44.6 percent), and capital goods (16.5 percent). Imports from within the EU rose by 23.2 percent, while those from outside the EU rose by 24.4 percent.
2021-09-16

Italy Balance of Trade
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.