Italy Imports

Imports to Italy rose 1.4 percent year-on-year to EUR 32.04 billion in December of 2018, boosted by higher purchases of textiles and clothing (+2.3 percent); electronical equipment (+6 percent) and other manufacturing products (+4.4 percent). On the other hand, imports of machinery and equipment (-6 percent) and base metals and metal products (-4.3 percent) declined. Increases were seen in purchases from China (18.2 percent); the US (32.9 percent); Russia (20.5 percent) and Belgium (1.9 percent); while imports dropped from Germany (-4.6 percent) and OPEC countries (-1.5 percent). Imports in Italy averaged 23513.68 EUR Million from 1991 until 2018, reaching an all time high of 39938.06 EUR Million in October of 2018 and a record low of 5285.80 EUR Million in August of 1992.

Imports in Italy is expected to be 38700.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Imports in Italy to stand at 34400.00 in 12 months time. In the long-term, the Italy Imports is projected to trend around 40500.00 EUR Million in 2020, according to our econometric models.

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Italy Trade	Last	Previous	Highest	Lowest	Unit
Balance of Trade	3658.00	3843.00	7902.67	-6389.30	EUR Million	[+]
Current Account	4805.70	6043.50	19332.70	-10633.40	EUR Million	[+]
Current Account to GDP	2.80	2.60	2.90	-3.70	percent	[+]
Imports	32042.01	37372.80	39938.06	5285.80	EUR Million	[+]
Exports	35699.85	41219.69	43756.10	5946.40	EUR Million	[+]
External Debt	2139097.00	2138556.00	2177794.00	524899.00	EUR Million	[+]
Terms of Trade	98.80	99.50	105.50	83.40	Index Points	[+]
Capital Flows	9983.00	2146.90	17094.70	-27541.10	EUR Million	[+]
Remittances	148.20	141.61	202.52	96.92	EUR Million	[+]
Gold Reserves	2451.80	2451.80	2451.84	2451.80	Tonnes	[+]
Terrorism Index	2.74	2.75	3.71	1.98		[+]
Tourism Revenues	2233.92	3670.03	5821.17	1128.47	EUR Million	[+]
Weapons Sales	660.00	670.00	1715.00	8.00	USD Million	[+]
Crude Oil Production	83.00	80.00	120.00	23.00	BBL/D/1K	[+]
Foreign Direct Investment	846.00	879.00	14203.00	-10787.00	EUR Million	[+]

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Italy Imports

In 2017, imports to Italy rose by 9 percent from the previous year to EUR 401 billion, the highest level since 2011. Main imports were: transport (12 percent of total imports); base metals and metal products (10 percent); chemicals (9 percent); textiles, clothing, leather and accessories (8 percent); food, beverages and tobacco (8 percent); machinery and equipment (7 percent); computers, electronic and optical devices (7 percent); pharmaceutical, chemical-medicinal and botanical articles (6 percent); and crude oil (6 percent). Main import partners were: Germany (16 percent of the total imports); France (9 percent); China (7 percent); the Netherlands (6 percent); Spain (5 percent); Belgium and the US (4 percent each); Russia, the UK and Switzerland (3 percent each). This page provides - Italy Imports - actual values, historical data, forecast, chart, statistics, economic calendar and news. Italy Imports - actual data, historical chart and calendar of releases - was last updated on February of 2019.