In 2020 Italy exported goods worldwide worth US$496.1 billion to the top15 Export Partners.
Compiled by Daniel Workman of https://www.worldstopexports.com and Disseminated worldwide by Public Opinions International

Italy exported US$496.1 billion worth of goods around the globe in 2020. That dollar amount reflects a 7.5% improvement since 2016 but a -6.9% decline from 2019 to 2020.

Applying a continental lens, about two-thirds of Italy’s exports by value were delivered to fellow European countries while 15.3% were sold to importers in Asia. Italy shipped another 11.5% worth of goods to North America.

Smaller percentages went to Africa (3.5%), Latin America excluding Mexico but including the Caribbean (2%) then Oceania led by Australia and New Zealand (1%).

Italy’s two main exports are precision machinery (18%), metals and metal products (13%). It is also a world renowned exporter of clothing and footwear, motor vehicles, including luxury vehicles, motorcycles and scooters. Italy also exports pharmaceuticals and other chemicals as well as many food products. Approximately 56% of Italy’s products are exported to other European Union countries, mostly Germany, France and Spain, but the United States and Switzerland are also big trading partners with Italy.

The top exports of Italy are Packaged Medicaments ($25B), Cars ($15.4B), Vehicle Parts ($14.3B), Refined Petroleum ($13.9B), and Valves ($8.21B), exporting mostly to Germany ($64.5B), France ($54.9B), United States ($51.8B), United Kingdom ($27.9B), and Spain ($26.7B).

Below is a list showcasing 15 of Italy’s top trading partners, countries that imported the most Italian shipments by dollar value during 2020. Also shown is each import country’s percentage of total Italian exports.

1. Germany: US$63.6 billion (12.8% of Italy’s total exports)
2. France: $51.1 billion (10.3%)
3. United States: $48.6 billion (9.8%)
4. Switzerland: $28.9 billion (5.8%)
5. United Kingdom: $25.7 billion (5.2%)
6. Spain: $23.4 billion (4.7%)
7. Belgium: $17 billion (3.4%)
8. Poland: $14.9 billion (3%)
9. China: $14.8 billion (3%)
10. Netherlands: $12.9 billion (2.6%)
11. Austria: $10.5 billion (2.1%)
12. Turkey: $8.9 billion (1.8%)
13. Japan: $8.1 billion (1.6%)
14. Russia: $8.1 billion (1.6%)
15. Romania: $7.8 billion (1.6%)

Over two-thirds (69.4%) of Italian exports in 2020 were delivered to the above 15 trade partners.Among these top import purchasers, Belgium showed the greatest growth in demand for Italian products posting a 7.8% increase from 2019 to 2020.
The other expansions in demand belong to China (up 1.8%) and Poland (up 0.1%).Leading decliners year over year were buyers in Spain (down -13.1%), Austria (down -8.6%), France (down -8.4%) and Russia (down -8.3%).

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