Italia

Italy
Imports: CIF, by origin/consignment for intra-eu Exports: FOB, by last known destination Trade System: Special

Overview: In 2009, exports of Italy decreased by 24.7 percent and amounted to 404.2 bln US$ (see table 1 and graph 1). During the same period, imports likewise decreased by 26.0 percent and amounted to 410.0 bln US$ (see table 2 and graph 1). This resulted in a tradedeficit of 5.8 bln US$ compared to 11.9 bln US$ in 2005 (see graph 1). Large deficits were recorded with Eastern Asia (-14.8 bln US$), Northern Africa (-11.9 bln US$) and the Commonwealth of Independent States (-11.4 bln US$) (see graph 2). However, trade recorded surpluses with Developed North America (+11.8 bln US$) and Western Asia (10.7 bln US$). By partner, Italy's trade was highlydiversified across partners: even the 25 major partners could not account for 80 percent of exports and 24 major partners accounted for 80 percent of imports (see graph 3).

Graph 1: Total imports, exports and trade balance
(Bln US$ by year)
600 500 400 300 200 100 0 −100 −200 −300 −400 −500 −600 Exports Imports Trade Balance

Table 1: Exports by SITC sections
(Value in million US$, growth andshares in percentage)
SITC Total 0+1 2+4 3 5 6 7 8 9 2009 Avg. Growth rates (%) 2005-2009 2008-2009 2009 share

404 220.7 30 438.1 6 343.7 14 613.3 44 748.4 74 979.3 148 017.2 71 108.5 13 972.1

2.0 8.0 3.7 3.3 3.2 -0.3 1.9 0.9 6.1

-24.7 -9.9 -21.5 -40.6 -16.0 -31.2 -26.5 -21.5 -14.2

100.0 7.5 1.6 3.6 11.1 18.5 36.6 17.6 3.5

95

96

97

98

99

00

01

02

0304

05

06

07

08

09

Table 2: Imports by SITC sections
(Value in million US$, growth and shares in percentage)
SITC Total 0+1 2+4 3 5 6 7 8 9 2009 Avg. Growth rates (%) 2005-2009 2008-2009 2009 share

19

19

19

19

19

20

20

20

20

20

20

20

20

20

Exports Profile: Machinery and transport equipment (SITC section 7) accounted for over athird (36.6 percent) of Italy's exports in 2009 (see table 1). Other major commodity groups included manufactured goods classified chiefly by material (SITC section 6) and miscellaneous manufactured articles (SITC section 8), respectively with 18.5 and 17.6 percent of exported goods. Germany, France and USA were the three main destinations for exported goods: they accounted jointly for nearly athird (29.9 percent) of exports in 2009 (see table 4). Over the last three years, top products for exports were petroleum oils, other than crude (HS code 2710), parts and accessories of the motor vehicles of headings 87.01 to 87.05 (HS code 8708) and medicaments (excluding goods of heading 30.02, 30.05 or 30.06) (HS code 3004) (see table 3).

20

410 051.0 37 253.8 17 114.0 72 387.6 57927.6 52 530.4 112 881.8 48 154.6 11 801.2

1.6 5.7 -2.9 12.2 3.9 -2.1 -0.6 4.2 -18.6

-26.0 -9.0 -37.0 -8.2 -14.2 -41.2 -23.2 -12.9 -75.3

100.0 9.1 4.2 17.7 14.1 12.8 27.5 11.7 2.9

Table 3: Top 10 export commodities 2007 to 2009
(Value in million US$)
Value (million US$) 4-digit heading of Harmonized System 2007 2007 2008 2009 AllCommodities............................................................................................................ 500 203.4 537 075.5 404 220.7 2710 Petroleum oils, other than crude................................................................................... 17 103.0 21 057.7 12 162.4 8708 Parts and accessories of the motor vehicles of headings 87.01 to 87.05.................... 15 524.1 16 471.4 10 297.7 3004 Medicaments(excluding goods of heading 30.02, 30.05 or 30.06).............................. 12 734.4 13 357.8 12 684.0 9999 Commodities not specified according to kind............................................................... 12 633.6 15 043.4 10 973.8 8703 Motor cars and other motor vehicles principally designed for the transport............... 11 608.2 10 726.0 7 856.5 9403 Other furniture and parts...