2021
Flag  
GDP
$2.11TCURRENT US$
Rnk 8 / 204
2011-2021
Flag
GDP GROWTH
-7.87%CURRENT US$
Rnk 181 / 204
2021
Flag
 GDP
$4.26TCURRENT US$
Rnk 4 / 204
2011-2021
Flag
GDP GROWTH
13.6%CURRENT US$
Rnk 130 / 204
2021
Flag
GDP PC 
$35,770CURRENT US$
Rnk 37 / 204
2011-2021
Flag
GDP PC GROWTH
-7.45%CURRENT US$
Rnk 160 / 204
2021
Flag
GDP PC
$51,204CURRENT US$
Rnk 26 / 204
2011-2021
Flag
GDP PC GROWTH
9.63%CURRENT US$
Rnk 116 / 204

About

Italy-Germany In 2021, Italy exported $78.4B to Germany. The main products that Italy exported to Germany are Motor vehicles; parts and accessories (8701 to 8705) ($3.43B), Cars ($3.09B), and Packaged Medicaments ($2.98B). During the last 26 years the exports of Italy to Germany have increased at an annualized rate of 2.37%, from $42.7B in 1995 to $78.4B in 2021.

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 2021, Germany exported $88.7B to Italy. The main products that Germany exported to Italy were Cars ($8.02B), Vaccines, blood, antisera, toxins and cultures ($3.97B), and Packaged Medicaments ($2.89B). During the last 26 years the exports of Germany to Italy have increased at an annualized rate of 3.27%, from $38.5B in 1995 to $88.7B in 2021.

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 2021,  Italy ranked 19 in the Economic Complexity Index (ECI 1.27), and 7 in total exports ($597B). That same year, Germany ranked 5 in the Economic Complexity Index (ECI 1.81), and 3 in total exports ($1.56T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Italy exported $78.4B to Germany. The main products exported from Italy to Germany were Motor vehicles; parts and accessories (8701 to 8705) ($3.43B), Cars ($3.09B), and Packaged Medicaments ($2.98B). During the last 26 years the exports of Italy to Germany have increased at an annualized rate of 2.37%, from $42.7B in 1995 to $78.4B in 2021.

In 2021, Germany exported $88.7B to Italy. The main products exported from Germany to Italy were Cars ($8.02B), Vaccines, blood, antisera, toxins and cultures ($3.97B), and Packaged Medicaments ($2.89B). During the last 26 years the exports of Germany to Italy have increased at an annualized rate of 3.27%, from $38.5B in 1995 to $88.7B in 2021.

Exports from Italy (Flag) to Germany (Flag) (2021)

Exports from Germany (Flag) to Italy (Flag) (2021)

Market Competitiveness

Color
Italy
Top Destination
Germany$78.4B
Germany
Top Destination
United States$135B

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 Albania ($1.91B), Tunisia ($3.11B), and Malta ($2.02B).

In 2021, countries that imported more from Germany than Italy were China ($121B), Netherlands ($100B), and United States ($135B).

Difference in imports from Germany (Flag) and Italy (Flag) (2021)

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 2021, Italy had a large net trade with Germany in the exports of Machines ($16.4B), Metals ($12.7B), and Transportation ($8.92B).

During 2021, Germany had a large net trade with Italy in the exports of Machines ($21.6B), Transportation ($14.2B), and Chemical Products ($13.9B).

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) (2021)

Have questions, comments, or concerns?
Send us an e-mail: [email protected]
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with