Italia Centrale

Overview In First Quarter 2024 Italia Centrale exported $24.2B and imported $22.9B, resulting in a positive trade balance of $1.22B. Between First Quarter 2023 and First Quarter 2024 the exports of Italia Centrale have decreased by $-6B (-19.9%) from $30.2B to $24.2B, while imports decreased by $-3.35B (-12.7%) from $26.3B to $22.9B.

Trade In First Quarter 2024, the top exports of Italia Centrale were Basic pharmaceutical products and pharmaceutical preparations (€5.7B), Machinery and equipment n.e.c. (€2.63B), Products from other manufacturing industries (€2.14B), Leather goods (excluding clothing) and similar (€1.84B), and Metallurgy products (€1.51B). In First Quarter 2024 the top imports of Italia Centrale were Basic pharmaceutical products and pharmaceutical preparations (€6B), Metallurgy products (€2.66B), Motor vehicles, trailers and semi-trailers (€2.31B), Foodstuffs (€1.26B), and Chemical products (€1.21B).

Destinations In First Quarter 2024, Italia Centrale exported mostly to United States (€3.82B), Germany (€2.68B), Belgium (€2.26B), Turkey (€1.53B), and Netherlands (€1.36B), and imported mostly from United States (€3.03B), Germany (€2.59B), Belgium (€2.21B), Spain (€1.8B), and China (€1.63B).

Growth In First Quarter 2024, the decrease in Italia Centrale's year-by-year exports was explained primarily by an decrease in exports to China (€-3.44B or -83.2%), Switzerland (€-891M or -55.9%), and Unclassified (€-708M or -60.2%), and product exports decrease in Basic pharmaceutical products and pharmaceutical preparations (€-3.27B or -36.5%), Leather goods (excluding clothing) and similar (€-941M or -33.9%), and Goods declared as ship's supplies, returned... (€-732M or -56.7%). In First Quarter 2024, the decrease in Italia Centrale's year-by-year imports was explained primarily by an decrease in imports from Germany ($-1.97B or -43.2%), Norway ($-356M or -96.8%), and Saudi Arabia ($-236M or -54%), and product imports decrease in Crude oil and natural gas (€-520M or -38.7%), Other means of transport (€-454M or -63.4%), and Chemical products (€-449M or -27%).