2023
Flag  
GDP
$2.3TCURRENT US$
Rnk 8 / 195
2013-2023
Flag
GDP GROWTH
6.86%CURRENT US$
Rnk 165 / 195
2023
Flag
 GDP
$3.05TCURRENT US$
Rnk 7 / 195
2013-2023
Flag
GDP GROWTH
8.37%CURRENT US$
Rnk 159 / 195
2023
Flag
GDP PC 
$39,003CURRENT US$
Rnk 32 / 195
2013-2023
Flag
GDP PC GROWTH
9.11%CURRENT US$
Rnk 136 / 195
2023
Flag
GDP PC
$44,691CURRENT US$
Rnk 30 / 196
2013-2023
Flag
GDP PC GROWTH
4.74%CURRENT US$
Rnk 146 / 195

About

Italy-France Trade: In 2023, Italy exported $61.1B to France. The main products that Italy exported to France were Packaged Medicaments ($2.06B), Cars ($1.95B), and Motor vehicles; parts and accessories (8701 to 8705) ($1.81B). Over the past 5 years the exports of Italy to France have increased at an annualized rate of 3.39%, from $51.8B in 2018 to $61.1B in 2023.

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 Trade: In 2023, France exported $56.3B to Italy. The main products that France exported to Italy were Petroleum Gas ($7.89B), Electricity ($2.59B), and Cars ($2.14B). Over the past 5 years the exports of France to Italy have increased at an annualized rate of 5.34%,  from $43.4B in 2018 to $56.3B in 2023.

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 2023,  Italy ranked 18 in the Economic Complexity Index (ECI 1.29), and 6 in total exports ($638B). That same year, France ranked 16 in the Economic Complexity Index (ECI 1.34), and 7 in total exports ($635B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Italy exported $61.1B to France. The main products exported from Italy to France were Packaged Medicaments ($2.06B), Cars ($1.95B), and Motor vehicles; parts and accessories (8701 to 8705) ($1.81B). During the last 5 years the exports of Italy to France have increased at an annualized rate of 3.39%, from $51.8B in 2018 to $61.1B in 2023.

In 2018, France exported $56.3B to Italy. The main products exported from France to Italy were Petroleum Gas ($7.89B), Electricity ($2.59B), and Cars ($2.14B). During the last 5 years the exports of France to Italy have increased at an annualized rate of 5.34%, from $43.4B in 2023 to $56.3B in 2018.

Exports from Italy (Flag) to France (Flag) (2023)

Exports from France (Flag) to Italy (Flag) (2023)

Market Competitiveness

Color
Italy
Top Destination
Germany$71.4B
France
Top Destination
Germany$72.8B

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 2023, countries that imported more from Italy than France included United States ($70.9B), Austria ($14.7B), and Switzerland ($29.3B).

In 2023, countries that imported more from France than Italy included Belgium ($49.2B), Spain ($43B), and Ireland ($14.2B).

Difference in imports from France (Flag) and Italy (Flag) (2023)

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 2023, Italy had a large net trade with France in the exports of Machines ($11.5B), Transportation ($7.26B), and Metals ($6.61B).

During 2018, France had a large net trade with Italy in the exports of Mineral Products ($10.9B), Chemical Products ($7.25B), and Machines ($6.31B).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Italy France+$944MPackaged Medicaments
Top Product Potential France Italy+$856MPackaged Medicaments

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

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)

Service Trade

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Italy and France. This means that a dot/product with the flag of Italy indicates it has a comparative advantage over France. Similarly, a dot/product with the flag of France indicates it has a comparative advantage over Italy.

Product Space of Italy (Flag) and France (Flag) (2023)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with