Flag Italy / France Flag

Exports Flag β†’ Flag  (2018): $56.4B, Rnk 2 / 213

Top Product Flag β†’ Flag (2018): $1.95B, Cars

Exports Flag β†’ Flag (2018): $42.9B, Rnk 3 / 214

Top Product Flag β†’ Flag (2018): $2.95B, Cars

Economic Complexity of Flag (2018): ECI 1.31, Rnk 18 / 137

Economic Complexity of Flag (2018): ECI 1.42, Rnk 15 / 137

GDP Flag (2018): $2.08T, CURRENT US$
Rnk 8 / 196

GDP GROWTH Flag (2008-2018): -13.1%, CURRENT US$
Rnk 187 / 196

GDP Flag (2018): $2.78T, CURRENT US$
Rnk 6 / 196

GDP GROWTH Flag (2008-2018): -4.83%, CURRENT US$
Rnk 179 / 196

GDP PC Flag (2018): $34,483, CURRENT US$
Rnk 29 / 196

GDP PC GROWTH Flag (2008-2018): -15.4%, CURRENT US$
Rnk 176 / 196

GDP PC Flag (2018): $41,464, CURRENT US$
Rnk 26 / 196

GDP PC GROWTH Flag (2008-2018): -8.54%, CURRENT US$
Rnk 165 / 196

Italy-France: In 2018, Italy exported $56.4B to France. The main products exported from Italy to France were Cars ($1.95B), Vehicle Parts ($1.75B), and Delivery Trucks ($1.47B). During the last 23 years the exports of Italy to France have increased at an annualized rate of 3.03%, from $28.3B in 1995 to $56.4B in 2018. In 2016, Italy exported services to France worth $8.13B, with Travel ($4.08B), Other business services ($1.5B), and Transportation ($860M) being the largest in terms of value.

France-Italy: In 2018, France exported $42.9B to Italy. The main products exported from France to Italy were Cars ($2.95B), Packaged Medicaments ($2.69B), and Bovine ($1.29B). During the last 23 years the exports of France to Italy have increased at an annualized rate of 1.84%, from $28.2B in 1995 to $42.9B in 2018. In 2016, France exported services to Italy worth $9.33B, with Travel ($2.81B), Other business services ($2.48B), and Transportation ($2.42B) being the largest in terms of value.

Comparison: In 2018, Italy ranked 18 in the Economic Complexity Index (ECI 1.31), and 8 in total exports ($540B). That same year, France ranked 15 in the Economic Complexity Index (ECI 1.42), and 6 in total exports ($563B). In terms of GDP Per Capita, Italy was ranked 29 with a GDP Per Capita of $34,483, and France was ranked 26 with a GDP Per Capita of $41,464.

Bilateral Trade by Products

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Depth
Value

In 2018, Italy exported $56.4B to France. The main products exported from Italy to France were Cars ($1.95B), Vehicle Parts ($1.75B), and Delivery Trucks ($1.47B). During the last 23 years the exports of Italy to France have increased at an annualized rate of 3.03%, from $28.3B in 1995 to $56.4B in 2018.

In 2018, France exported $42.9B to Italy. The main products exported from France to Italy were Cars ($2.95B), Packaged Medicaments ($2.69B), and Bovine ($1.29B). During the last 23 years the exports of France to Italy have increased at an annualized rate of 1.84%, from $28.2B in 1995 to $42.9B in 2018.

Market Competitiveness

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Measure

Italy
Top Destination
: Germany, $67.8B

France
Top Destination
: Germany, $78.5B

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 2018, countries that imported more from Italy than France were Austria ($12B), United States ($50.6B), and Switzerland ($23.8B).

In 2018, countries that imported more from France than Italy were Belgium-Luxembourg ($42.9B), Spain ($42.7B), and Germany ($78.5B).

Comparative Advantage Italy - France

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Depth

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

During 2018, Italy had a large net trade with France in the exports of Machines ($11.5B), Transportation ($7.55B), and Metals ($6.22B).

During 2018, France had a large net trade with Italy in the exports of Chemical Products ($7.17B), Machines ($5.8B), and Transportation ($5.67B).

Tariff Section

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In 2017,  Italy and France are members of the European Union, so they have no Tariffs between each other regarding products.

Article 28 of the TFEU promotes the free circulation of goods within the EU by establishing a customs union. The customs union prohibits the charging of any duties on imports and exports within member states of the EU or the levying of any charge having the equivalent effect as a customs duty (CHEE). Duties are still payable on goods coming from countries outwith the EU but once the goods have passed through the import formalities of one member state they enjoy the same freedom of movement as goods originating within the EU.

To explore the different product levels and year available with data, visit our Tariff Explorer Section. Explore Tariff Data

Trade Forecasts

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This section shows a forecast for total trade between Italy and France. The forecast is based on a long short-term memory model or LSTM constructed using yearly trade data.

To create custom forecast, or modify the parameters of the forecasting model, visit our Forecast Section.

Explore Forecasts

Bilateral Service Trade

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In 2016, Italy exported services to France worth $8.13B, with Travel ($4.08B), Other business services ($1.5B), and Transportation ($860M) being the largest in terms of value.

In 2016, France exported services to Italy worth $9.33B, with Travel ($2.81B), Other business services ($2.48B), and Transportation ($2.42B) being the largest in terms of value.

Service trade data is presented based on availability.

Economic Complexity

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Competitive Landscape

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This visualization show the product space at the HS4 level colored from blue to red.  This mean that the more blue a dot/product is, the more Italy has comparative advantage over France. Similarly, the more red a dot/product is, the more France has comparative advantage over Italy.