2021
Flag  
GDP
$2.11TCURRENT US$
Rnk 8 / 204
2011-2021
Flag
GDP GROWTH
-7.87%CURRENT US$
Rnk 181 / 204
2021
Flag
 GDP
$2.96TCURRENT US$
Rnk 7 / 204
2011-2021
Flag
GDP GROWTH
3.24%CURRENT US$
Rnk 158 / 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
$43,659CURRENT US$
Rnk 32 / 204
2011-2021
Flag
GDP PC GROWTH
-0.43%CURRENT US$
Rnk 146 / 204

About

Italy-France In 2021, Italy exported $61.6B to France. The main products that Italy exported to France are Packaged Medicaments ($2.18B), Cars ($1.97B), and Motor vehicles; parts and accessories (8701 to 8705) ($1.51B). During the last 26 years the exports of Italy to France have increased at an annualized rate of 2.79%, from $30.1B in 1995 to $61.6B in 2021.

In 2020, Italy exported services to France worth $7.8B, with Travel ($2.81B), Other business services ($1.73B), and Financial services ($1.08B) being the largest in terms of value.

France-Italy In 2021, France exported $46B to Italy. The main products that France exported to Italy were Packaged Medicaments ($3.16B), Cars ($2.35B), and Electricity ($2.21B). During the last 26 years the exports of France to Italy have increased at an annualized rate of 1.94%, from $27.9B in 1995 to $46B in 2021.

In 2020, France exported services to Italy worth $9B, with Other business services ($4.13B), Travel ($1.74B), and Transportation ($1.52B) 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, France ranked 15 in the Economic Complexity Index (ECI 1.35), and 8 in total exports ($569B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Italy exported $61.6B to France. The main products exported from Italy to France were Packaged Medicaments ($2.18B), Cars ($1.97B), and Motor vehicles; parts and accessories (8701 to 8705) ($1.51B). During the last 26 years the exports of Italy to France have increased at an annualized rate of 2.79%, from $30.1B in 1995 to $61.6B in 2021.

In 2021, France exported $46B to Italy. The main products exported from France to Italy were Packaged Medicaments ($3.16B), Cars ($2.35B), and Electricity ($2.21B). During the last 26 years the exports of France to Italy have increased at an annualized rate of 1.94%, from $27.9B in 1995 to $46B in 2021.

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

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

Market Competitiveness

Color
Italy
Top Destination
Germany$78.4B
France
Top Destination
Germany$74.1B

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

In 2021, countries that imported more from Italy than France were United States ($58.1B), Austria ($13.6B), and Switzerland ($26.4B).

In 2021, countries that imported more from France than Italy were Belgium ($43.8B), Spain ($41.6B), and Ireland ($12.5B).

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

Comparative Advantage Italy - France

Flow
Scale

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

During 2021, Italy had a large net trade with France in the exports of Machines ($12.1B), Metals ($7.36B), and Transportation ($6.89B).

During 2021, France had a large net trade with Italy in the exports of Chemical Products ($8.14B), Machines ($6.26B), and Transportation ($4.83B).

Service Trade

Bilateral Service Trade

In 2020, Italy exported services to France worth $7.8B, with Travel ($2.81B), Other business services ($1.73B), and Financial services ($1.08B) being the largest in terms of value.

In 2020, France exported services to Italy worth $9B, with Other business services ($4.13B), Travel ($1.74B), and Transportation ($1.52B) being the largest in terms of value.

Service trade data is presented based on availability.

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

Services Exports from France (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 France. Similarly, the more yellow a dot/product is, the more France has comparative advantage over Italy.

Product Space of Italy (Flag) and France (Flag) (2021)

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