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Pricing

2022
Flag → Flag
Exports $50.8BRnk 3 / 221
2022
Flag → Flag
Top Product $1.89BPackaged Medicaments
2022
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Exports $39.9BRnk 2 / 219
2022
Flag → Flag
Top Product $7.97BPetroleum Gas
2022
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Economic Complexity (ECI) ECI 1.29Rnk 17 / 133
2022
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Economic Complexity (ECI) ECI 1.3Rnk 16 / 133
2022
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GDP$2.01TCURRENT US$
Rnk 10 / 186
2012-2022
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GDP GROWTH-3.67%CURRENT US$
Rnk 169 / 186
2022
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 GDP$2.78TCURRENT US$
Rnk 7 / 186
2012-2022
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GDP GROWTH3.7%CURRENT US$
Rnk 157 / 186
2022
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GDP PC $34,158CURRENT US$
Rnk 30 / 186
2012-2022
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GDP PC GROWTH-2.55%CURRENT US$
Rnk 148 / 186
2022
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GDP PC$40,964CURRENT US$
Rnk 26 / 186
2012-2022
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GDP PC GROWTH0.23%CURRENT US$
Rnk 137 / 186

About

Italy-France Trade: In 2022, Italy exported $50.8B to France. The main products that Italy exported to France were Packaged Medicaments ($1.89B), Refined Petroleum ($1.86B), and Cars ($1.57B). Over the past 5 years the exports of Italy to France have increased at an annualized rate of 11.1%, from $30.1B in 2017 to $50.8B in 2022.

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 2022, France exported $39.9B to Italy. The main products that France exported to Italy were Petroleum Gas ($7.97B), Electricity ($4.58B), and Packaged Medicaments ($2.3B). Over the past 5 years the exports of France to Italy have increased at an annualized rate of 7.43%,  from $27.9B in 2017 to $39.9B in 2022.

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 2022,  Italy ranked 17 in the Economic Complexity Index (ECI 1.29), and 7 in total exports ($634B). That same year, France ranked 16 in the Economic Complexity Index (ECI 1.3), and 8 in total exports ($608B).

Latest Trends

March, 2024

About

Overview In March 2024, Italy exported €5.45B and imported €4.01B from France, resulting in a positive trade balance of €1.44B. Between March 2023 and March 2024 the exports of Italy have decreased by €-671M (-11%) from €6.12B to €5.45B, while imports decreased by €-189M (-4.51%) from €4.19B to €4.01B.

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (March 2023 - March 2024)€-671M(-11%)
IMPORT GROWTH (March 2023 - March 2024)€-189M(-4.51%)

This section shows exports and imports data at subnational level for Italy. Click any date in the line plot or any product to explore the exports or imports behavior of Italy over time.

To check France and Italy trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore France and Italy Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Italy exported $50.8B to France. The main products exported from Italy to France were Packaged Medicaments ($1.89B), Refined Petroleum ($1.86B), and Cars ($1.57B). During the last 5 years the exports of Italy to France have increased at an annualized rate of 11.1%, from $30.1B in 2017 to $50.8B in 2022.

In 2017, France exported $39.9B to Italy. The main products exported from France to Italy were Petroleum Gas ($7.97B), Electricity ($4.58B), and Packaged Medicaments ($2.3B). During the last 22 years the exports of France to Italy have increased at an annualized rate of 7.43%, from $27.9B in 1995 to $39.9B in 2017.

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

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

Market Competitiveness

Color
Italy
Top DestinationGermany$78.5B
France
Top DestinationGermany$78.3B

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 2022, countries that imported more from Italy than France included United States ($68.2B), Austria ($15B), and Poland ($20B).

In 2022, countries that imported more from France than Italy included Belgium ($47.8B), Spain ($46.4B), and China ($25.4B).

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

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 2022, Italy had a large net trade with France in the exports of Machines ($11.8B), Metals ($7.74B), and Transportation ($6.51B).

During 2017, France had a large net trade with Italy in the exports of Mineral Products ($13B), Chemical Products ($7.73B), and Machines ($6.68B).

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.

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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) (2022)

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