Flag Italy / Germany Flag

2020
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Exports
: $62.1B, Rnk 1 / 213

2020
FlagFlag
Top Product
: $2.97B, Motor vehicles; parts and accessories (8701 to 8705)

2020
FlagFlag
Exports
: $67.3B, Rnk 7 / 220

2020
FlagFlag
Top Product
: $6.92B, Cars

2020
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Economic Complexity (ECI)
: ECI 1.3, Rnk 19 / 127

2020
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Economic Complexity (ECI)
: ECI 1.88, Rnk 4 / 127

2020
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GDP
: $1.89T, CURRENT US$
Rnk 8 / 195

2010-2020
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GDP GROWTH
: -11.5%, CURRENT US$
Rnk 179 / 195

2020
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 GDP
: $3.85T, CURRENT US$
Rnk 4 / 195

2010-2020
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GDP GROWTH
: 13.3%, CURRENT US$
Rnk 133 / 195

2020
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GDP PC 
: $31,714, CURRENT US$
Rnk 31 / 195

2010-2020
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GDP PC GROWTH
: -11.9%, CURRENT US$
Rnk 166 / 195

2020
Flag
GDP PC
: $46,208, CURRENT US$
Rnk 19 / 195

2010-2020
Flag
GDP PC GROWTH
: 11.3%, CURRENT US$
Rnk 107 / 195

Italy-Germany In 2020, Italy exported $62.1B to Germany. The main products that Italy exported to Germany are 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 2018, Italy exported services to Germany worth $13.3B, with Travel ($8.38B), Other business services ($1.76B), and Transportation ($1.18B) being the largest in terms of value.

Germany-Italy In 2020, Germany exported $67.3B to Italy . The main products that Germany exported 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 2018, Germany exported services to Italy worth $9.05B, with Other business services ($2.51B), Transportation ($2.29B), and Travel ($1.51B) being the largest in terms of value.

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

Historical Data

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Bilateral Trade by Products

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Depth
Value

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.

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.

Germany Exports

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Market Competitiveness

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Measure

Italy
Top Destination
: Germany, $62.1B

Germany
Top Destination
: United States, $116B

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

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

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

Comparative Advantage Italy - Germany

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Flow

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

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

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

Bilateral Service Trade

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In 2018, Italy exported services to Germany worth $13.3B, with Travel ($8.38B), Other business services ($1.76B), and Transportation ($1.18B) being the largest in terms of value.

In 2018, Germany exported services to Italy worth $9.05B, with Other business services ($2.51B), Transportation ($2.29B), and Travel ($1.51B) 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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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 Italy has comparative advantage over Germany. Similarly, the more yellow a dot/product is, the more Germany has comparative advantage over Italy.