China / Italy

Overview In October 2024, China exported $3.7B and imported $2.13B from Italy, resulting in a positive trade balance of $1.57B. Between October 2023 and October 2024 the exports of China have increased by $262M (7.61%) from $3.44B to $3.7B, while imports decreased by $-43.3M (-1.99%) from $2.17B to $2.13B.

Trade In October 2024, the top exports of China to Italy were Telephones ($225M), Trunks and Cases ($115M), Electric Batteries ($112M), Electrical Transformers ($110M), and Semiconductor Devices ($99.9M). In October 2024 the top imports of China from Italy were Trunks and Cases ($228M), Packaged Medicaments ($179M), Cars ($86.1M), Leather Footwear ($81.5M), and Refined Petroleum ($68.8M).

Origins In October 2024 the exports of China were mainly from Zhejiang Province ($808M), Guangdong Province ($766M), Jiangsu Province ($514M), Shanghai Province ($320M), and Shandong Province ($228M), while imports destinations were mainly Shanghai Province ($925M), Beijing ($244M), Guangdong Province ($223M), Jiangsu Province ($216M), and Zhejiang Province ($168M).

Growth In October 2024, the increase in China's year-by-year exports to Italy was explained primarily by an increase in product exports in Semiconductor Devices ($70.8M or 243%), Cars ($62.3M or 283%), and Electric Batteries ($45.3M or 68.3%). In October 2024, the decrease in China's year-by-year imports  from Italy was explained primarily by an decrease in product imports  in Jewellery ($-100M or -64.4%), Trunks and Cases ($-58.6M or -20.5%), and Gas Turbines ($-46.6M or -86.8%).