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ExportsGermany-Italy Trade: In 2022, Germany exported $72.7B to Italy. The main products that Germany exported to Italy were Cars ($8.38B), Packaged Medicaments ($6.83B), and Vaccines, blood, antisera, toxins and cultures ($4.13B). Over the past 5 years the exports of Germany to Italy have increased at an annualized rate of 13.7%, from $38.3B in 2017 to $72.7B in 2022.
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 Trade: In 2022, Italy exported $61.9B to Germany. The main products that Italy exported to Germany were Motor vehicles; parts and accessories (8701 to 8705) ($3.39B), Cars ($2.99B), and Packaged Medicaments ($2.89B). Over the past 5 years the exports of Italy to Germany have increased at an annualized rate of 7.77%, from $42.6B in 2017 to $61.9B in 2022.
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 2022, Germany ranked 5 in the Economic Complexity Index (ECI 1.78), and 3 in total exports ($1.6T). That same year, Italy ranked 17 in the Economic Complexity Index (ECI 1.29), and 7 in total exports ($634B).
