Italy

Goods Imports: CIF, by origin Goods Exports: FOB, by last known destination Trade System: General
Overview:
In 2013, the value of merchandise exports of Italy increased slightly by 2.4 percent to reach 513.7 bln US$, while its merchandise imports
decreased slightly by 2.6 percent to reach 476.4 bln US$ (see graph 1, table 2 and table 3). Despite growth since 2009, the value of exports
was still less than its peak in 2008 at 541.8 bln US$. The merchandise trade balance recorded a relatively small surplus of 37.3 bln US$ (see
graph 1). The largest merchandise trade balance was with MDG Developed Europe at 25.4 bln US$ (see graph 4). Merchandise exports in
Italy were diversified amongst partners; imports were also diversified. The top 29 partners accounted for 80 percent or more of exports and
25 partners accounted for 80 percent or more of imports (see graph 5). In 2012, the value of exports of services of Italy decreased slightly by
2.2 percent, reaching 105.2 bln US$, while its imports of services decreased moderately by 8.1 percent and reached 106.1 bln US$ (see
graph 2). The decrease in imports was mostly attributable to declines in Transportation (EBOPS code 205), Other business services (EBOPS
code 268) and Travel (EBOPS code 236). There was a relatively small trade in services deficit of 952.0 mln US$, down substantially from
its trade in services deficit of 7.9 bln US$ in 2011.
Graph 1: Total merchandise trade, by value Graph 2: Total services trade, by value
(Bln US$ by year) (Bln US$ by year)
Exports Imports Trade Balance Exports Imports Trade Balance
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Exports Profile: Graph 3: Exports of services by EBOPS category
"Machinery and transport equipment" (SITC section 7), "goods classified (% share in 2012)
chiefly by material" (SITC section 6) and "miscellaneous manufactured
articles" (SITC section 8) were the largest commodity groups for exports Other business
in 2013 representing respectively 34.8, 18.6 and 17.8 percent of exported ( 28.5 %)
goods (see table 2). From 2011 to 2013, the largest export commodity
was "petroleum oils, other than crude" (HS code 2710); although in 2013,
Travel ( 39.2 %)
"medicaments (excluding goods of heading 30.02, 30.05 or 30.06) " (HS
code 3004) exceeded the former as the largest export commodity (see
table 1). The top three destinations for merchandise exports were
Germany, France and the United States, accounting for respectively 12.7, Transportation
11.1 and 6.6 percent of total exports. "Travel" (EBOPS code 236) ( 13.3 %)
accounted for the largest share of exports of services in 2012 at 41.2 bln Communication
US$, followed by "Other business services" (EBOPS code 268) at 30.0 bln Remaining ( 13.6 %) ( 5.4 %)
US$ and "Transportation" (EBOPS code 205) at 14.0 bln US$ (see graph 3).

Table 1: Top 10 export commodities 2011 to 2013

HS Value (million US$) Unit value SITC
code 4-digit heading of Harmonized System 2007 2011 2012 2013 2011 2012 2013 Unit code
All Commodities ............................................................................................................ 523 256.3 501 528.9 513 716.6
2710 Petroleum oils, other than crude ................................................................................... 22 056.3 24 979.1 20 421.3 0.9 0.9 0.9 US$/kg 334
3004 Medicaments (excluding goods of heading 30.02, 30.05 or 30.06) .............................. 16 456.6 17 661.4 20 890.1 87.3 90.1 112.4 US$/kg 542
8708 Parts and accessories of the motor vehicles of headings 87.01 to 87.05 .................... 15 495.1 13 771.2 14 947.7 7.9 7.5 7.6 US$/kg 784
9999 Commodities not specified according to kind ............................................................... 10 927.6 10 951.0 7 500.3 931
8703 Motor cars and other motor vehicles principally designed for the transport ............... 9 225.6 9 220.2 9 948.9 21.4 19.5 0.0 thsd US$/unit 781
6403 Footwear with outer soles of rubber, plastics, leather ................................................. 8 416.4 8 135.2 8 841.3 61.0 60.7 66.4 US$/pair 851
8481 Taps, cocks, valves and similar appliances for pipes, boiler shells.............................. 7 967.1 8 233.9 8 821.4 21.6 21.1 22.6 US$/kg 747
7108 Gold (including gold plated with platinum) ................................................................... 8 333.7 10 211.8 6 055.4 47.9 49.5 43.7 thsd US$/kg 971
9403 Other furniture and parts thereof .................................................................................. 7 739.4 7 293.5 7 717.0 821
8422 Dish washing machines; machinery for cleaning or drying bottles .............................. 6 644.5 6 363.8 6 951.9 745

Source: UN Comtrade and UN ServiceTrade

 Italy
Services Imports and Exports: EBOPS 2002 categories

Table 2: Merchandise exports by SITC Table 3: Merchandise imports by SITC SITC Legend
(Value in million US$, growth and shares in percentage) (Value in million US$, growth and shares in percentage)
Avg. Growth rates 2013 Avg. Growth rates 2013 SITC
SITC 2013 2009-2013 2012-2013 share SITC 2013 2009-2013 2012-2013 share Code Description
Total 513 716.6 6.0 2.4 100.0 Total 476 414.4 3.5 -2.6 100.0 Total All commodities
0+1 39 353.5 6.4 8.1 7.7 0+1 43 979.2 3.8 5.3 9.2 0+1 Food, animals + beverages, tobacco
2+4 8 724.4 7.9 0.7 1.7 2+4 24 855.4 9.4 0.0 5.2 2+4 Crude materials + anim. & veg. oils
3 23 029.6 12.3 -17.7 4.5 3 95 081.5 6.9 -12.9 20.0 3 Mineral fuels, lubricants
5 63 185.1 9.0 9.9 12.3 5 73 649.2 5.9 3.1 15.5 5 Chemicals
6 95 430.6 6.1 1.9 18.6 6 68 118.7 6.5 2.5 14.3 6 Goods classified chiefly by material
7 178 854.1 4.7 4.5 34.8 7 107 481.9 -1.7 -2.6 22.6 7 Machinery and transport equipment
8 91 281.6 6.3 7.7 17.8 8 51 847.9 1.6 0.5 10.9 8 Miscellaneous manufactured articles
9 13 857.8 -0.7 -35.5 2.7 9 11 400.6 -0.9 -15.9 2.4 9 Not classified elsewhere in the SITC

Graph 4: Merchandise trade balance Graph 5: Partner concentration of merchandise trade

(Bln US$ by MDG Regions in 2013) (Cumulative share by ranked partners in 2013)
Imports Exports Trade balance
Imports Exports
Developed AsiaPacific (Herfindahl Index = 0.05) (Herfindahl Index = 0.047)
Top Top
Developed Europe partner partner
Developed N. America
Southeastern Europe 5 th 5 th
CIS
Northern Africa 10 th 10 th
SubSaharan Africa
Latin Am, Caribbean 15 th 15 th
Eastern Asia
Southern Asia
Southeastern Asia 20 th 20 th
Western Asia
Oceania 25 th 25 th
0%

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Graph 6: Imports of services by EBOPS category Imports Profile:
(% share in 2012) "Machinery and transport equipment" (SITC section 7), "mineral fuels,
Travel ( 24.8 %) lubricants" (SITC section 3) and "chemicals" (SITC section 5) were the
largest commodity groups for imports in 2013 representing respectively
22.6, 20.0 and 15.5 percent of imported goods (see table 3). From 2011 to
2013, the largest import commodity was "petroleum oils and oils obtained
Transportation
( 23.0 %)
from bituminous minerals, crude" (HS code 2709) (see table 4). The top
three partners for merchandise imports were Germany, France and China,
Other business
accounting for respectively 15.0, 8.3 and 6.8 percent of total imports. "Other
( 25.8 %) business services" (EBOPS code 268) accounted for the largest share of
Royalties &
imports of services in 2012 at 27.4 bln US$, followed by "Travel" (EBOPS
lic. fees ( 5.7 %) code 236) at 26.4 bln US$ and "Transportation" (EBOPS code 205) at 24.4
Communication bln US$ (see graph 6).
Remaining ( 15.3 %) ( 5.3 %)

Table 4: Top 10 import commodities 2011 to 2013

HS Value (million US$) Unit value SITC
code 4-digit heading of Harmonized System 2007 2011 2012 2013 2011 2012 2013 Unit code
All Commodities............................................................................................................ 558 832.0 489 104.1 476 414.4
2709 Petroleum oils and oils obtained from bituminous minerals, crude............................. 57 874.9 56 916.3 46 462.1 0.8 0.8 0.8 US$/kg 333
2711 Petroleum gases and other gaseous hydrocarbons...................................................... 31 276.4 33 125.0 28 652.9 0.6 0.7 0.6 US$/kg 343
8703 Motor cars and other motor vehicles principally designed for the transport............... 29 662.8 20 280.1 20 198.7 17.8 16.5 16.9 thsd US$/unit 781
3004 Medicaments (excluding goods of heading 30.02, 30.05 or 30.06).............................. 15 791.2 14 976.4 15 344.9 124.9 112.1 107.9 US$/kg 542
2710 Petroleum oils, other than crude................................................................................... 11 633.9 11 296.0 13 861.6 0.9 0.9 0.8 US$/kg 334
8517 Electrical apparatus for line telephony or line telegraphy............................................ 7 351.8 7 015.3 7 502.0 764
7108 Gold (including gold plated with platinum)................................................................... 6 514.2 7 532.0 5 613.5 37.4 38.6 32.0 thsd US$/kg 971
8708 Parts and accessories of the motor vehicles of headings 87.01 to 87.05.................... 7 120.3 6 014.9 6 464.5 8.8 8.3 8.3 US$/kg 784
9999 Commodities not specified according to kind............................................................... 6 658.8 5 813.5 5 595.9 931
8471 Automatic data processing machines and units thereof.............................................. 6 086.1 5 874.3 5 179.2 208.2 177.7 US$/unit 752

Source: UN Comtrade and UN ServiceTrade