HS Icon Crude Petroleum in  Flag Italy

2020
Exports | Imports
: $235M | $25.5B, World Rnk 56 / 132
Flag Rnk 325 / 1216 | World Rnk 7 / 145
Flag Rnk 1 / 1213

2020
ECONOMIC COMPLEXITY of Italy
: 1.3, Rnk 19 / 127

2020
PRODUCT COMPLEXITY  IN Crude Petroleum
: -2.2, Rnk 1018 / 1029

Imports In 2020, Italy imported $25.5B in Crude Petroleum, becoming the 7th largest importer of Crude Petroleum in the world. At the same year, Crude Petroleum was the 1st most imported product in Italy. Italy imports Crude Petroleum primarily from: N/A.

The fastest growing import markets in Crude Petroleum for Italy between 2019 and 2020 were United States ($957M), United Kingdom ($443M), and Brazil ($129M).

Subnational Monthly Trade

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Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Crude Petroleum. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

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EXPORTS (2020): $235M

IMPORTS (2020): $25.5B

NET TRADE (2020): -$25.3B

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Market Concentration

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In 2020, Italy's main exporting competitors in Crude Petroleum were:

In 2020, Italy's main importing competitors in Crude Petroleum were:

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