Italy / Germany

Italy-Germany Trade: In 2023, Italy exported $71.4B to Germany. The main products that Italy exported to Germany were Cars ($3.68B), Motor vehicles; parts and accessories (8701 to 8705) ($3.44B), and Packaged Medicaments ($2.56B). Over the past 5 years the exports of Italy to Germany have increased at an annualized rate of 1.44%, from $66.5B in 2018 to $71.4B in 2023.

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.

Germany-Italy Trade: In 2023, Germany exported $94.7B to Italy. The main products that Germany exported to Italy were Cars ($11B), Packaged Medicaments ($5.17B), and Motor vehicles; parts and accessories (8701 to 8705) ($3.03B). Over the past 5 years the exports of Germany to Italy have increased at an annualized rate of 2.94%,  from $81.9B in 2018 to $94.7B in 2023.

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.

Comparison: In 2023,  Italy ranked 18 in the Economic Complexity Index (ECI 1.29), and 6 in total exports ($638B). That same year, Germany ranked 5 in the Economic Complexity Index (ECI 1.79), and 3 in total exports ($1.57T).