Crude Petroleum in Italy 2020 Exports | Imports : $235M | $25.5B, World Rnk 56 / 132 Rnk 325 / 1216 | World Rnk 7 / 145 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).
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.
EXPORTS (2020): $235M
IMPORTS (2020): $25.5B
NET TRADE (2020): -$25.3B
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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