2023
Exports
$20.3BWorld Rnk 14 / 214
FlagN/A
2023
PRODUCT COMPLEXITY IN Refined Petroleum
-0.94Rnk 813 / 1025
2023
Imports
$11.3BWorld Rnk 23 / 226
Flag Rnk 5 / 1213
2023
ECONOMIC COMPLEXITY of Italy
1.29Rnk 18 / 132

About

Exports In 2023, Italy exported $20.3B in Refined Petroleum, making it the 14th largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the N/A most exported product in Italy. The main destination of Refined Petroleum exports from Italy are: Gibraltar ($2.62B), United States ($2.21B), Spain ($1.92B), Croatia ($1.48B), and Libya ($956M).

The fastest growing export markets for Refined Petroleum of Italy between 2022 and 2023 were Gibraltar ($741M), Spain ($533M), and Greece ($198M).

Imports In 2023, Italy imported $11.3B in Refined Petroleum, becoming the 23rd largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 5th most imported product in Italy. Italy imports Refined Petroleum primarily from: Saudi Arabia ($2.88B), India ($1.19B), Greece ($1.15B), United Arab Emirates ($714M), and Spain ($578M).

The fastest growing import markets in Refined Petroleum for Italy between 2022 and 2023 were Iraq ($390M), India ($266M), and Greece ($263M).

No data available Italy has no reported trade in Refined Petroleum.

Latest Trends

October 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)€-1.26B(-60.4%)
IMPORT GROWTH (October 2023 - October 2024)€56.4M(6.09%)
MAIN DESTINATION (October 2024)Gibraltar€150M

This section shows Refined Petroleum's exports and imports data at subnational level for Italy. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Refined Petroleum over time.

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Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $932M
N/AN/AN/A

Refined Petroleum’s highest export potential is France. With an export gap of $932M.   Refined Petroleum’s highest import potential is N/A with an import gap of N/A.

See methodology.

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