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Pricing

2022
Flag → Flag
Exports $19.7BRnk 9 / 221
2022
Flag → Flag
Top Product $2.62BVaccines, blood, antisera, toxins and cultures
2022
Flag → Flag
Exports $34.5BRnk 5 / 224
2022
Flag → Flag
Top Product $1.49BComputers
2022
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Economic Complexity (ECI) ECI 1.24Rnk 18 / 124
2022
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Economic Complexity (ECI) ECI 1.1Rnk 20 / 124
2022
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GDP$2.01TCURRENT US$
Rnk 10 / 186
2012-2022
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GDP GROWTH-3.67%CURRENT US$
Rnk 169 / 186
2022
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 GDP$991BCURRENT US$
Rnk 18 / 186
2012-2022
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GDP GROWTH18.1%CURRENT US$
Rnk 125 / 186
2022
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GDP PC $34,158CURRENT US$
Rnk 30 / 186
2012-2022
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GDP PC GROWTH-2.55%CURRENT US$
Rnk 148 / 186
2022
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GDP PC$55,985CURRENT US$
Rnk 12 / 186
2012-2022
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GDP PC GROWTH11.8%CURRENT US$
Rnk 110 / 186

About

Italy-Netherlands In 2022, Italy exported $19.7B to Netherlands. The main products that Italy exported to Netherlands are Vaccines, blood, antisera, toxins and cultures ($2.62B), Refined Petroleum ($1.11B), and Planes, Helicopters, and/or Spacecraft ($709M). During the last 27 years the exports of Italy to Netherlands have increased at an annualized rate of 4.01%, from $6.81B in 1995 to $19.7B in 2022.

In 2020, Italy exported services to Netherlands worth $2.96B, with Other business services ($1.44B), Travel ($884M), and Communications services ($171M) being the largest in terms of value.

Netherlands-Italy In 2022, Netherlands exported $34.5B to Italy. The main products that Netherlands exported to Italy were Computers ($1.49B), Broadcasting Equipment ($1.43B), and Packaged Medicaments ($1.34B). During the last 27 years the exports of Netherlands to Italy have increased at an annualized rate of 4.51%, from $10.5B in 1995 to $34.5B in 2022.

In 2020, Netherlands exported services to Italy worth $5.96B, with Other business services ($1.96B), Transportation ($1.64B), and Royalties and license fees ($1.37B) being the largest in terms of value.

Comparison In 2022,  Italy ranked 18 in the Economic Complexity Index (ECI 1.24), and 7 in total exports ($634B). That same year, Netherlands ranked 20 in the Economic Complexity Index (ECI 1.1), and 6 in total exports ($674B).

Latest Trends

December, 2023

About

Overview In December 2023, Italy exported €1.26B and imported €2.64B from Netherlands, resulting in a negative trade balance of €1.38B. Between December 2022 and December 2023 the exports of Italy have decreased by €-180M (-12.5%) from €1.44B to €1.26B, while imports decreased by €-77.8M (-2.86%) from €2.72B to €2.64B.

Trade In December 2023, the top exports of Italy to Netherlands were Vaccines, blood, antisera, toxins and cultures (€223M), Refined Petroleum (€84.6M), Packaged Medicaments (€53.3M), Leather Footwear (€26.1M), and Other Small Iron Pipes (€21.6M). In December 2023 the top imports of Italy from Netherlands were Telephones (€163M), Petroleum Gas (€159M), Computers (€123M), Packaged Medicaments (€111M), and Medical Instruments (€101M).

Growth In December 2023, the decrease in Italy's year-by-year exports to Netherlands was explained primarily by an decrease in product exports in Laboratory Reagents (€-42.8M or -90%), Office Machine Parts (€-4.69M or -76.9%), and Whey and other milk products (€-2.92M or -28.2%). In December 2023, the decrease in Italy's year-by-year imports  from Netherlands was explained primarily by an decrease in product imports  in Computers (€-56.9M or -31.6%), Packaged Medicaments (€-30M or -21.3%), and Vaccines, blood, antisera, toxins and cultures (€-21.4M or -18.5%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (December 2022 - December 2023)€-180M(-12.5%)
IMPORT GROWTH (December 2022 - December 2023)€-77.8M(-2.86%)

This section shows exports and imports data at subnational level for Italy. Click any date in the line plot or any product to explore the exports or imports behavior of Italy over time.

To check Netherlands and Italy trade dynamics, check the bilateral page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Italy exported $19.7B to Netherlands. The main products exported from Italy to Netherlands were Vaccines, blood, antisera, toxins and cultures ($2.62B), Refined Petroleum ($1.11B), and Planes, Helicopters, and/or Spacecraft ($709M). During the last 27 years the exports of Italy to Netherlands have increased at an annualized rate of 4.01%, from $6.81B in 1995 to $19.7B in 2022.

In 2022, Netherlands exported $34.5B to Italy. The main products exported from Netherlands to Italy were Computers ($1.49B), Broadcasting Equipment ($1.43B), and Packaged Medicaments ($1.34B). During the last 27 years the exports of Netherlands to Italy have increased at an annualized rate of 4.51%, from $10.5B in 1995 to $34.5B in 2022.

Exports from Italy (Flag) to Netherlands (Flag) (2022)

Exports from Netherlands (Flag) to Italy (Flag) (2022)

Market Competitiveness

Color
Italy
Top DestinationGermany$78.5B
Netherlands
Top DestinationGermany$131B

This map shows whether countries import more from Italy or Netherlands. Each country is colored based on the difference in imports they receive from Italy and Netherlands or the difference in the growth in imports.

In 2021, countries that imported more from Italy than Netherlands were United States ($68.2B), Switzerland ($27.8B), and Spain ($32.8B).

In 2021, countries that imported more from Netherlands than Italy were Belgium ($94.3B), Germany ($131B), and Chinese Taipei ($16B).

Difference in imports from Netherlands (Flag) and Italy (Flag) (2022)

Comparative Advantage Italy - Netherlands

Flow
Scale

This chart compares trade between Italy and Netherlands by product, considering products traded by both, Italy and Netherlands.

During 2022, Italy had a large net trade with Netherlands in the exports of Chemical Products ($4.68B), Machines ($3.78B), and Metals ($1.54B).

During 2022, Netherlands had a large net trade with Italy in the exports of Machines ($9.44B), Chemical Products ($5.76B), and Metals ($3.19B).

Service Trade

Bilateral Service Trade

In 2020, Italy exported services to Netherlands worth $2.96B, with Other business services ($1.44B), Travel ($884M), and Communications services ($171M) being the largest in terms of value.

In 2020, Netherlands exported services to Italy worth $5.96B, with Other business services ($1.96B), Transportation ($1.64B), and Royalties and license fees ($1.37B) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Italy (Flag) to Netherlands (Flag) (2020)

Services Exports from Netherlands (Flag) to Italy (Flag) (2020)

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Italy has comparative advantage over Netherlands. Similarly, the more yellow a dot/product is, the more Netherlands has comparative advantage over Italy.

Product Space of Italy (Flag) and Netherlands (Flag) (2022)

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