Overview: In 2018 Italy was the number 8 economy in the world in terms of GDP (current US$), the number 8 in total exports, the number 9 in total imports,
the number N/A economy in terms of GDP per capita (current US$) and the number 18 most complex economy according to the Economic Complexity Index (ECI)
Exports: The top exports of Italy are Packaged Medicaments ($20.2B), Cars ($17.2B), Refined Petroleum ($16.1B), Vehicle Parts ($15.2B), and Valves ($8.27B), exporting mostly to Germany ($67.8B), France ($56.4B), United States ($50.6B), Spain ($28B), and United Kingdom ($27.7B).
In 2018, Italy was the world's biggest exporter of Unglazed Ceramics ($4.64B), Other Small Iron Pipes ($3.91B), Tanned Equine and Bovine Hides ($3.53B), Pasta ($2.91B), and Processed Tomatoes ($1.82B)
Imports: The top imports of Italy are Crude Petroleum ($41.9B), Cars ($32.4B), Petroleum Gas ($18.2B), Packaged Medicaments ($16.9B), and Refined Petroleum ($10.3B), importing mostly from Germany ($81.2B), France ($42.9B), China ($35.6B), Spain ($25.4B), and Netherlands ($25.1B).
In 2018, Italy was the world's biggest importer of Hot-Rolled Iron ($3.83B), Electricity ($3.83B), Rolled Tobacco ($2.19B), Pure Olive Oil ($1.81B), Antibiotics ($1.38B)
Location: Italy borders Austria, France, San Marino, Slovenia, and Switzerland by land and Albania, Algeria, Croatia, Greece, Libya, Malta, Montenegro, Spain, and Tunisia by sea.