Italy / United Kingdom

Italy-United Kingdom In 2021, Italy exported $27B to United Kingdom. The main products that Italy exported to United Kingdom are Packaged Medicaments ($1.15B), Motor vehicles; parts and accessories (8701 to 8705) ($947M), and Wine ($879M). During the last 26 years the exports of Italy to United Kingdom have increased at an annualized rate of 2.52%, from $14.2B in 1995 to $27B in 2021.

In 2020, Italy exported services to United Kingdom worth $5.67B, with Other business services ($1.68B), Travel ($1.62B), and Communications services ($720M) being the largest in terms of value.

United Kingdom-Italy In 2021, United Kingdom exported $10.6B to Italy. The main products that United Kingdom exported to Italy were Cars ($1.17B), Crude Petroleum ($810M), and Aircraft Parts ($405M). During the last 26 years the exports of United Kingdom to Italy have decreased at an annualized rate of 0.51%, from $12.1B in 1995 to $10.6B in 2021.

In 2019, United Kingdom exported services to Italy worth $12.2B, with Travel ($5.54B), Other business services ($1.96B), and Transportation ($1.71B) 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, United Kingdom ranked 11 in the Economic Complexity Index (ECI 1.43), and 13 in total exports ($420B).