Germany (DEU) and Italy (ITA) Trade | OEC - The Observatory of Economic Complexity

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Germany-Italy In 2020, Germany exported $67.3B to Italy. The main products that Germany exported to Italy are Cars ($6.92B), Packaged Medicaments ($3.08B), and Vaccines, blood, antisera, toxins and cultures ($2.32B). During the last 25 years the exports of Germany to Italy have increased at an annualized rate of 2.29%, from $38.3B in 1995 to $67.3B in 2020.

In 2020, Germany exported services to Italy worth $7.22B, with Other business services ($2.26B), Transportation ($1.35B), and Computer and information services ($1.08B) being the largest in terms of value.

Italy-Germany In 2020, Italy exported $62.1B to Germany. The main products that Italy exported to Germany were Motor vehicles; parts and accessories (8701 to 8705) ($2.97B), Cars ($2.82B), and Packaged Medicaments ($2.55B). During the last 25 years the exports of Italy to Germany have increased at an annualized rate of 1.52%, from $42.6B in 1995 to $62.1B in 2020.

In 2020, Italy exported services to Germany worth $8.99B, with Travel ($4.2B), Other business services ($2.14B), and Computer and information services ($910M) being the largest in terms of value.

Comparison In 2020, Germany ranked 4 in the Economic Complexity Index (ECI 1.88), and 3 in total exports ($1.33T). That same year, Italy ranked 19 in the Economic Complexity Index (ECI 1.3), and 7 in total exports ($481B).

Latest Trends

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December, 2022

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Overview In December 2022, Germany exported €6.79B and imported €5.69B from Italy, resulting in a positive trade balance of €1.1B. Between December 2021 and December 2022 the exports of Germany have increased by €726M (12%) from €6.07B to €6.79B, while imports increased by €209M (3.82%) from €5.48B to €5.69B.

Trade In December 2022, the top exports of Germany to Italy were Motor cars and motor caravans (€490M), Pharmaceutical products (€354M), Plastics (€350M), Machinery for electricity production, distribution (€325M), and Chassis, bodies, engines etc. for motor... (€242M). In December 2022 the top imports of Germany from Italy were Pharmaceutical products (€328M), Estimations for exemptions (€244M), Chassis, bodies, engines etc. for motor... (€217M), Machinery for electricity production, distribution (€215M), and Estimations for non-response (€192M).

Origins In December 2022 the exports of Germany were mainly from Baden-Württemberg (€1.65B), Bavaria (€1.14B), North Rhine-Westphalia (€932M), Lower Saxony (€352M), and Hesse (€299M), while imports destinations were mainly Baden-Württemberg (€1.45B), North Rhine-Westphalia (€1.09B), Bavaria (€1.03B), Hesse (€427M), and Lower Saxony (€405M).

Growth In December 2022, the increase in Germany's year-by-year exports to Italy was explained primarily by an increase in product exports in Plastics (€108M or 44.7%), Machinery for electricity production, distribution (€75.5M or 30.3%), and Plates and sheets of iron or... (€72M or 94.5%). In December 2022, the increase in Germany's year-by-year imports from Italy was explained primarily by an increase in product imports in [object Object], [object Object], and [object Object].

Latest Trade

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Flow

Time Scale

Value

EXPORT GROWTH (December 2021 - December 2022): €726M, (12%)

IMPORT GROWTH (December 2021 - December 2022): €209M, (3.82%)

MAIN EXPORTER (December 2022): Baden-Württemberg, €1.65B

This section shows exports and imports data at subnational level for Germany. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Germany over time.

To check Italy and Germany trade dynamics, check the bilateral page.

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Historical Data

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Bilateral Trade by Products

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Depth

Value

Year

In 2020, Germany exported $67.3B to Italy. The main products exported from Germany to Italy were Cars ($6.92B), Packaged Medicaments ($3.08B), and Vaccines, blood, antisera, toxins and cultures ($2.32B). During the last 25 years the exports of Germany to Italy have increased at an annualized rate of 2.29%, from $38.3B in 1995 to $67.3B in 2020.

In 2020, Italy exported $62.1B to Germany. The main products exported from Italy to Germany were Motor vehicles; parts and accessories (8701 to 8705) ($2.97B), Cars ($2.82B), and Packaged Medicaments ($2.55B). During the last 25 years the exports of Italy to Germany have increased at an annualized rate of 1.52%, from $42.6B in 1995 to $62.1B in 2020.

Market Competitiveness

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Measure

SectionYear

Germany
Top Destination: United States, $116B

Italy
Top Destination: Germany, $62.1B

This map shows whether countries import more from Germany or Italy. Each country is colored based on the difference in imports they receive from Germany and Italy or the difference in the growth in imports.

In 2019, countries that imported more from Germany than Italy were China ($106B), Netherlands ($84.8B), and United States ($116B).

In 2019, countries that imported more from Italy than Germany were Tunisia ($2.72B), Albania ($1.42B), and Malta ($1.39B).

Comparative Advantage Germany - Italy

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Flow

Scale

Year

This chart compares trade between Germany and Italy by product, considering products traded by both, Germany and Italy.

During 2020, Germany had a large net trade with Italy in the exports of Machines ($16.7B), Chemical Products ($11B), and Transportation ($10.9B).

During 2020, Italy had a large net trade with Germany in the exports of Machines ($13.5B), Metals ($7.97B), and Transportation ($7.64B).

Service Trade

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Bilateral Service Trade

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Ita YearDeu Year

In 2020, Germany exported services to Italy worth $7.22B, with Other business services ($2.26B), Transportation ($1.35B), and Computer and information services ($1.08B) being the largest in terms of value.

In 2020, Italy exported services to Germany worth $8.99B, with Travel ($4.2B), Other business services ($2.14B), and Computer and information services ($910M) being the largest in terms of value.

Service trade data is presented based on availability.

Economic Complexity

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Competitive Landscape

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Year

This visualization show the product space at the HS4 level colored from blue to yellow. This mean that the more blue a dot/product is, the more Germany has comparative advantage over Italy. Similarly, the more yellow a dot/product is, the more Italy has comparative advantage over Germany.

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Latest Trends

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Latest Trade

Historical Data

Bilateral Trade by Products

Market Competitiveness

Comparative Advantage Germany - Italy

Service Trade

Bilateral Service Trade

Economic Complexity

Competitive Landscape

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