2023
Flag  
GDP
$2.3TCURRENT US$
Rnk 8 / 195
2013-2023
Flag
GDP GROWTH
6.86%CURRENT US$
Rnk 165 / 195
2023
Flag
 GDP
$48.5BCURRENT US$
Rnk 93 / 195
2013-2023
Flag
GDP GROWTH
-0.32%CURRENT US$
Rnk 171 / 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
$3,978CURRENT US$
Rnk 131 / 196
2013-2023
Flag
GDP PC GROWTH
-8.97%CURRENT US$
Rnk 166 / 195

About

Italy-Tunisia Trade: In 2023, Italy exported $3.31B to Tunisia. The main products that Italy exported to Tunisia were Copper Wire ($242M), Refined Petroleum ($222M), and Tanned Equine and Bovine Hides ($114M). Over the past 5 years the exports of Italy to Tunisia have decreased at an annualized rate of 2.44%, from $3.74B in 2018 to $3.31B in 2023.

In 2023, Italy did not export any services to Tunisia.

Tunisia-Italy Trade: In 2023, Tunisia exported $3.87B to Italy. The main products that Tunisia exported to Italy were Insulated Wire ($353M), Crude Petroleum ($315M), and Pure Olive Oil ($282M). Over the past 5 years the exports of Tunisia to Italy have increased at an annualized rate of 5.11%,  from $3.02B in 2018 to $3.87B in 2023.

In 2004, Tunisia exported services to Italy worth $560M, with Transportation ($267M), Travel ($226M), and Services not allocated ($59.9M) 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, Tunisia ranked 56 in the Economic Complexity Index (ECI 0.13), and 74 in total exports ($23.1B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Italy exported $3.31B to Tunisia. The main products exported from Italy to Tunisia were Copper Wire ($242M), Refined Petroleum ($222M), and Tanned Equine and Bovine Hides ($114M). During the last 5 years the exports of Italy to Tunisia have decreased at an annualized rate of 2.44%, from $3.74B in 2018 to $3.31B in 2023.

In 2018, Tunisia exported $3.87B to Italy. The main products exported from Tunisia to Italy were Insulated Wire ($353M), Crude Petroleum ($315M), and Pure Olive Oil ($282M). During the last 5 years the exports of Tunisia to Italy have increased at an annualized rate of 5.11%, from $3.02B in 2023 to $3.87B in 2018.

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

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

Market Competitiveness

Color
Italy
Top Destination
Germany$71.4B
Tunisia
Top Destination
France$5.19B

This map shows whether countries import more from Italy or Tunisia. Each country is colored based on the difference in imports they receive from Italy and Tunisia or the difference in the growth in imports.

In 2023, countries that imported more from Italy than Tunisia included United States ($70.9B), Germany ($71.4B), and France ($61.1B).

In 2023, countries that imported more from Tunisia than Italy included Guinea-Bissau ($4.93M) and Comoros ($577k).

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

Comparative Advantage Italy - Tunisia

Flow
Scale

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

During 2023, Italy had a large net trade with Tunisia in the exports of Machines ($869M), Textiles ($549M), and Metals ($468M).

During 2018, Tunisia had a large net trade with Italy in the exports of Machines ($950M), Textiles ($739M), and Mineral Products ($405M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Italy Tunisia+$19.5MPackaged Medicaments
Top Product Potential Tunisia Italy+$67.6MCrude Petroleum

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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Economic Complexity

Competitive Landscape

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

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

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