New 50% OFF discount for academic accounts !
New 2022 ECI Rankings !
New Company Reports !
New Product Data Download Page !
Sign In
Pricing

2022
Flag → Flag
Exports $6.11BRnk 23 / 221
2022
Flag → Flag
Top Product $228MValves
2022
Flag → Flag
Exports $25.1BRnk N/A / N/A
2022
Flag → Flag
Top Product $12BPetroleum Gas
2022
Flag  
GDP$2.01TCURRENT US$
Rnk 10 / 186
2012-2022
Flag
GDP GROWTH-3.67%CURRENT US$
Rnk 169 / 186
2022
Flag
 GDP$2.24TCURRENT US$
Rnk 8 / 186
2012-2022
Flag
GDP GROWTH1.45%CURRENT US$
Rnk 164 / 186
2022
Flag
GDP PC $34,158CURRENT US$
Rnk 30 / 186
2012-2022
Flag
GDP PC GROWTH-2.55%CURRENT US$
Rnk 148 / 186
2022
Flag
GDP PC$15,345CURRENT US$
Rnk 63 / 186
2012-2022
Flag
GDP PC GROWTH-0.49%CURRENT US$
Rnk 145 / 186

About

Italy-Russia In 2022, Italy exported $6.11B to Russia. The main products that Italy exported to Russia are Valves ($228M), Other Furniture ($183M), and Wine ($181M). During the last 27 years the exports of Italy to Russia have increased at an annualized rate of 2.86%, from $2.86B in 1995 to $6.11B in 2022.

In 2020, Italy exported services to Russia worth $621M, with Other business services ($257M), Travel ($187M), and Transportation ($62.4M) being the largest in terms of value.

Russia-Italy In 2022, Russia exported $25.1B to Italy. The main products that Russia exported to Italy were Petroleum Gas ($12B), Crude Petroleum ($6.33B), and Refined Petroleum ($2.03B). During the last 27 years the exports of Russia to Italy have increased at an annualized rate of 7.38%, from $3.67B in 1995 to $25.1B in 2022.

In 2020, Russia exported services to Italy worth $603M, with Other business services ($267M), Transportation ($149M), and Construction services ($111M) being the largest in terms of value.

Comparison In N/A,  Italy ranked N/A in total exports (N/A). That same year, Russia ranked N/A in total exports (N/A). Both countries does not have data related to Economic Complexity Index.

Latest Trends

N/A

About

Overview In N/A, Italy exported €N/A and imported €N/A from Russia, resulting in a N/A trade balance of €N/A. Between N/A and N/A the exports of Italy have N/A by €N/A (N/A) from €N/A to €N/A, while imports N/A by €N/A (N/A) from €N/A to €N/A.

Trade In N/A, the top exports of Italy to Russia were Leather Footwear (€18.3M), Non-Knit Women's Suits (€12.8M), Packaged Medicaments (€10.9M), Wine (€10.6M), and Washing and Bottling Machines (€9.72M). In N/A the top imports of Italy from Russia were Petroleum Gas (€532M), Refined Petroleum (€135M), Platinum (€95.2M), Pig Iron (€36.7M), and Semi-Finished Iron (€36.6M).

Growth In N/A, the N/A in Italy's year-by-year exports to Russia was explained primarily by an decrease in product exports in Machinery Having Individual Functions (€-10.9M or -79.2%), Electric Heaters (€-9.54M or -74.7%), and Valves (€-7.19M or -47.2%). In N/A, the N/A in Italy's year-by-year imports  from Russia was explained primarily by an decrease in product imports  in Petroleum Gas (€-1.37B or -72%), Platinum (€-30.4M or -24.2%), and Semi-Finished Iron (€-3.79M or -9.37%).

Latest Trade

Flow
Time Scale
Depth
Value

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 Russia and Italy trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Russia and Italy Data

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Italy exported $6.11B to Russia. The main products exported from Italy to Russia were Valves ($228M), Other Furniture ($183M), and Wine ($181M). During the last 27 years the exports of Italy to Russia have increased at an annualized rate of 2.86%, from $2.86B in 1995 to $6.11B in 2022.

In 2022, Russia exported $25.1B to Italy. The main products exported from Russia to Italy were Petroleum Gas ($12B), Crude Petroleum ($6.33B), and Refined Petroleum ($2.03B). During the last 27 years the exports of Russia to Italy have increased at an annualized rate of 7.38%, from $3.67B in 1995 to $25.1B in 2022.

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

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

Comparative Advantage Italy - Russia

Flow
Scale

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

During 2022, Italy had a large net trade with Russia in the exports of Machines ($2.22B), Textiles ($691M), and Chemical Products ($580M).

During 2022, Russia had a large net trade with Italy in the exports of Mineral Products ($21.3B), Metals ($2.06B), and Precious Metals ($872M).

Service Trade

Bilateral Service Trade

In 2020, Italy exported services to Russia worth $621M, with Other business services ($257M), Travel ($187M), and Transportation ($62.4M) being the largest in terms of value.

In 2020, Russia exported services to Italy worth $603M, with Other business services ($267M), Transportation ($149M), and Construction services ($111M) being the largest in terms of value.

Service trade data is presented based on availability.

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

Services Exports from Russia (Flag) to Italy (Flag) (N/A)

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 Russia. Similarly, the more yellow a dot/product is, the more Russia has comparative advantage over Italy.

Product Space of Italy (Flag) and Russia (Flag) (2022)

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: [email protected]
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms