Overview In Third Quarter 2024 Italia Insulare exported $3.95B and imported $5.88B, resulting in a negative trade balance of $1.93B. Between Third Quarter 2023 and Third Quarter 2024 the exports of Italia Insulare have decreased by $-852M (-17.7%) from $4.8B to $3.95B, while imports decreased by $-1.75B (-22.9%) from $7.62B to $5.88B.
Trade In Third Quarter 2024, the top exports of Italia Insulare were Coke and products derived from petroleum... (€2.68B), Computer and electronic and optical products;... (€249M), Chemicals (€248M), Food products (€171M), and Electrical equipment and non-electrical household equipment (€121M). In Third Quarter 2024 the top imports of Italia Insulare were Crude oil and natural gas (€4.38B), Food products (€227M), Coke and products derived from petroleum... (€186M), Chemicals (€160M), and Agricultural, animal and hunting products (€146M).
Destinations In Third Quarter 2024, Italia Insulare exported mostly to Gibraltar (€494M), Spain (€402M), Libya (€381M), United States (€301M), and Croatia (€217M), and imported mostly from Libya (€962M), Azerbaijan (€746M), United States (€586M), Kazakhstan (€561M), and Germany (€349M).
Growth In Third Quarter 2024, the decrease in Italia Insulare's year-by-year exports was explained primarily by an decrease in exports to Gibraltar (€-309M or -38.4%), United States (€-254M or -45.8%), and Lebanon (€-141M or -68.1%), and product exports decrease in Coke and products derived from petroleum... (€-983M or -26.8%), Electrical equipment and non-electrical household equipment (€-17M or -12.4%), and Basic pharmaceutical products and pharmaceutical preparations (€-16.6M or -35%). In Third Quarter 2024, the decrease in Italia Insulare's year-by-year imports was explained primarily by an decrease in imports from United States ($-751M or -56.2%), Azerbaijan ($-529M or -41.5%), and Saudi Arabia ($-278M or -61.1%), and product imports decrease in Crude oil and natural gas (€-1.52B or -25.7%), Coke and products derived from petroleum... (€-174M or -48.3%), and Machinery and equipment nec (€-107M or -64.1%).