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Pricing

2022
Flag → Flag
Exports $87.2MRnk 123 / 221
2022
Flag → Flag
Top Product $5.28MSeats
2022
Flag → Flag
Exports $589MRnk 4 / 109
2022
Flag → Flag
Top Product $395MRefined Copper
2022
Flag
Economic Complexity (ECI) ECI 1.29Rnk 17 / 133
2022
Flag
Economic Complexity (ECI) ECI -1.42Rnk 124 / 133
2022
Flag  
GDP$2.01TCURRENT US$
Rnk 10 / 186
2012-2022
Flag
GDP GROWTH-3.67%CURRENT US$
Rnk 169 / 186
2022
Flag
 GDP$14.6BCURRENT US$
Rnk 132 / 186
2012-2022
Flag
GDP GROWTH-17.4%CURRENT US$
Rnk 178 / 186
2022
Flag
GDP PC $34,158CURRENT US$
Rnk 30 / 186
2012-2022
Flag
GDP PC GROWTH-2.55%CURRENT US$
Rnk 148 / 186
2022
Flag
GDP PC$2,448CURRENT US$
Rnk 138 / 186
2012-2022
Flag
GDP PC GROWTH-34.8%CURRENT US$
Rnk 180 / 186

About

Italy-Republic of the Congo Trade: In 2022, Italy exported $87.2M to Republic of the Congo. The main products that Italy exported to Republic of the Congo were Seats ($5.28M), Used Clothing ($4.57M), and Other Organic Compounds ($4.55M). Over the past 5 years the exports of Italy to Republic of the Congo have decreased at an annualized rate of 13%, from $175M in 2017 to $87.2M in 2022.

In 2022, Italy did not export any services to Republic of the Congo.

Republic of the Congo-Italy Trade: In 2022, Republic of the Congo exported $589M to Italy. The main products that Republic of the Congo exported to Italy were Refined Copper ($395M), Crude Petroleum ($169M), and Raw Zinc ($13.8M). Over the past 5 years the exports of Republic of the Congo to Italy have decreased at an annualized rate of 0.43%,  from $602M in 2017 to $589M in 2022.

In 2022, Republic of the Congo did not export any services to Italy.

Comparison: In 2022,  Italy ranked 17 in the Economic Complexity Index (ECI 1.29), and 7 in total exports ($634B). That same year, Republic of the Congo ranked 124 in the Economic Complexity Index (ECI -1.42), and 96 in total exports ($12.4B).

Latest Trends

August, 2024

About

Overview In August 2024, Italy exported €2.34M and imported €29.8M from Republic of the Congo, resulting in a negative trade balance of €27.5M. Between August 2023 and August 2024 the exports of Italy have increased by €700k (42.8%) from €1.64M to €2.34M, while imports increased by €23.1M (343%) from €6.73M to €29.8M.

Growth In August 2024, the increase in Italy's year-by-year exports to Republic of the Congo was explained primarily by an increase in product exports in . In July 2024, the increase in Italy's year-by-year imports  from Republic of the Congo was explained primarily by an increase in product imports  in N/A.

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (August 2023 - August 2024)€700k(42.8%)
IMPORT GROWTH (July 2023 - July 2024)€23.1M(343%)

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

To check Republic of the Congo and Italy trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Republic of the Congo and Italy Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Italy exported $87.2M to Republic of the Congo. The main products exported from Italy to Republic of the Congo were Seats ($5.28M), Used Clothing ($4.57M), and Other Organic Compounds ($4.55M). During the last 5 years the exports of Italy to Republic of the Congo have decreased at an annualized rate of 13%, from $175M in 2017 to $87.2M in 2022.

In 2017, Republic of the Congo exported $589M to Italy. The main products exported from Republic of the Congo to Italy were Refined Copper ($395M), Crude Petroleum ($169M), and Raw Zinc ($13.8M). During the last 5 years the exports of Republic of the Congo to Italy have decreased at an annualized rate of 0.43%, from $602M in 2022 to $589M in 2017.

Exports from Italy (Flag) to Republic of the Congo (Flag) (2022)

Exports from Republic of the Congo (Flag) to Italy (Flag) (2022)

Market Competitiveness

Color
Italy
Top DestinationGermany$78.5B
Republic of the Congo
Top DestinationChina$4.82B

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

In 2022, countries that imported more from Italy than Republic of the Congo included Germany ($78.5B), United States ($68.2B), and France ($63.8B).

In 2022, no countries were registered that imported more from Republic of the Congo than from Italy.

Difference in imports from Republic of the Congo (Flag) and Italy (Flag) (2022)

Comparative Advantage Italy - Republic of the Congo

Flow
Scale

This chart compares trade between Italy and Republic of the Congo by product, considering products traded by both, Italy and Republic of the Congo.

During 2022, Italy had a large net trade with Republic of the Congo in the exports of Machines ($22.9M), Miscellaneous ($11.1M), and Chemical Products ($10.2M).

During 2017, Republic of the Congo had a large net trade with Italy in the exports of Metals ($409M), Mineral Products ($169M), and Wood Products ($4.98M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Italy Republic of the Congo+$1.58MOther Furniture
Top Product Potential Republic of the Congo Italy+$161MCrude Petroleum

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Italy and Republic of the Congo. This means that a dot/product with the flag of Italy indicates it has a comparative advantage over Republic of the Congo. Similarly, a dot/product with the flag of Republic of the Congo indicates it has a comparative advantage over Italy.

Product Space of Italy (Flag) and Republic of the Congo (Flag) (2022)

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