Overview In Second Quarter 2024 Italia Insulare exported $4.44B and imported $5.58B, resulting in a negative trade balance of $1.13B. Between Second Quarter 2023 and Second Quarter 2024 the exports of Italia Insulare have increased by $175M (4.09%) from $4.27B to $4.44B, while imports decreased by $-1.32B (-19.2%) from $6.9B to $5.58B.
Trade In Second Quarter 2024, the top exports of Italia Insulare were Coke and products derived from petroleum... (€3.15B), Chemicals (€285M), Food products (€182M), Electrical equipment and non-electrical household equipment (€169M), and Metal products, excluding machinery and equipment (€143M). In Second Quarter 2024 the top imports of Italia Insulare were Crude oil and natural gas (€3.81B), Coke and products derived from petroleum... (€285M), Chemicals (€210M), Food products (€206M), and Metallurgy products (€178M).
Destinations In Second Quarter 2024, Italia Insulare exported mostly to Gibraltar (€533M), Spain (€514M), Slovenia (€348M), United States (€339M), and Libya (€308M), and imported mostly from Libya (€786M), Azerbaijan (€686M), Kazakhstan (€509M), Iraq (€424M), and Saudi Arabia (€404M).
Growth In Second Quarter 2024, the increase in Italia Insulare's year-by-year exports was explained primarily by an increase in exports to Slovenia (€194M or 126%), United Kingdom (€127M or 161%), and Spain (€119M or 30.2%), and product exports increase in Coke and products derived from petroleum... (€99.6M or 3.27%), Metal products, excluding machinery and equipment (€91.5M or 178%), and Chemicals (€86.8M or 43.8%). In Second Quarter 2024, the decrease in Italia Insulare's year-by-year imports was explained primarily by an decrease in imports from Azerbaijan ($-569M or -45.3%), United States ($-424M or -61.6%), and Kazakhstan ($-286M or -35.9%), and product imports decrease in Crude oil and natural gas (€-1.33B or -25.9%), Coal (excluding peat) (€-65.8M or -57.3%), and Computer and electronic and optical products;... (€-41.8M or -37.7%).