China / Italy

Overview In May 2024, China exported $4.1B and imported $2.3B from Italy, resulting in a positive trade balance of $1.79B. Between May 2023 and May 2024 the exports of China have decreased by $-135M (-3.2%) from $4.23B to $4.1B, while imports decreased by $-123M (-5.07%) from $2.43B to $2.3B.

Trade In May 2024, the top exports of China to Italy were Telephones ($225M), Trunks and Cases ($115M), Electric Batteries ($112M), Electrical Transformers ($110M), and Semiconductor Devices ($99.9M). In May 2024 the top imports of China from Italy were Trunks and Cases ($228M), Packaged Medicaments ($179M), Cars ($86.1M), Leather Footwear ($81.5M), and Refined Petroleum ($68.8M).

Origins In May 2024 the exports of China were mainly from Guangdong Province ($1.05B), Zhejiang Province ($975M), Jiangsu Province ($629M), Shanghai Province ($250M), and Shandong Province ($240M), while imports destinations were mainly Shanghai Province ($1.02B), Beijing ($258M), Guangdong Province ($250M), Zhejiang Province ($203M), and Jiangsu Province ($147M).

Growth In May 2024, the decrease in China's year-by-year exports to Italy was explained primarily by an decrease in product exports in Paintings ($-217M or -97.9%), Telephones ($-128M or -36.3%), and Computers ($-77.1M or -53.9%). In May 2024, the decrease in China's year-by-year imports  from Italy was explained primarily by an decrease in product imports  in Jewellery ($-100M or -64.4%), Trunks and Cases ($-58.6M or -20.5%), and Gas Turbines ($-46.6M or -86.8%).