2022
Flag  
GDP
$2.01TCURRENT US$
Rnk 10 / 186
2012-2022
Flag
GDP GROWTH
-3.67%CURRENT US$
Rnk 169 / 186
2022
Flag
 GDP
$4.07TCURRENT US$
Rnk 4 / 186
2012-2022
Flag
GDP GROWTH
15.5%CURRENT US$
Rnk 136 / 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
$48,432CURRENT US$
Rnk 21 / 186
2012-2022
Flag
GDP PC GROWTH
10.4%CURRENT US$
Rnk 115 / 186

About

Italy-Germany In 2022, Italy exported $78.5B to Germany. The main products that Italy exported to Germany are Motor vehicles; parts and accessories (8701 to 8705) ($3.39B), Cars ($2.99B), and Packaged Medicaments ($2.89B). During the last 27 years the exports of Italy to Germany have increased at an annualized rate of 2.29%, from $42.6B in 1995 to $78.5B 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.

Germany-Italy In 2022, Germany exported $90.7B 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). During the last 27 years the exports of Germany to Italy have increased at an annualized rate of 3.24%, from $38.3B in 1995 to $90.7B 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.

Comparison In 2022,  Italy ranked 18 in the Economic Complexity Index (ECI 1.24), and 7 in total exports ($634B). That same year, Germany ranked 3 in the Economic Complexity Index (ECI 1.75), and 3 in total exports ($1.6T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Italy exported $78.5B to Germany. The main products exported from Italy to Germany were Motor vehicles; parts and accessories (8701 to 8705) ($3.39B), Cars ($2.99B), and Packaged Medicaments ($2.89B). During the last 27 years the exports of Italy to Germany have increased at an annualized rate of 2.29%, from $42.6B in 1995 to $78.5B in 2022.

In 2022, Germany exported $90.7B to Italy. The main products exported from Germany to Italy were Cars ($8.38B), Packaged Medicaments ($6.83B), and Vaccines, blood, antisera, toxins and cultures ($4.13B). During the last 27 years the exports of Germany to Italy have increased at an annualized rate of 3.24%, from $38.3B in 1995 to $90.7B in 2022.

Exports from Italy (Flag) to Germany (Flag) (2022)

Exports from Germany (Flag) to Italy (Flag) (2022)

Market Competitiveness

Color
Italy
Top Destination
Germany$78.5B
Germany
Top Destination
United States$153B

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 2021, countries that imported more from Italy than Germany were Tunisia ($3.85B), Gibraltar ($2.04B), and Libya ($2.28B).

In 2021, countries that imported more from Germany than Italy were China ($109B), Netherlands ($109B), and United States ($153B).

Difference in imports from Germany (Flag) and Italy (Flag) (2022)

Comparative Advantage Italy - Germany

Flow
Scale

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

During 2022, Italy had a large net trade with Germany in the exports of Machines ($16.3B), Metals ($13.5B), and Transportation ($9.1B).

During 2022, Germany had a large net trade with Italy in the exports of Machines ($21.4B), Chemical Products ($17.6B), and Transportation ($13.2B).

Service Trade

Bilateral Service Trade

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.

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.

Service trade data is presented based on availability.

Services Exports from Italy (Flag) to Germany (Flag) (2020)

Services Exports from Germany (Flag) to Italy (Flag) (2020)

Economic Complexity

Competitive Landscape

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.

Product Space of Italy (Flag) and Germany (Flag) (2022)

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