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2022
Flag → Flag
Exports $56.4BRnk 2 / 219
2022
Flag → Flag
Top Product $7.97BPetroleum Gas
2022
Flag → Flag
Exports $63.8BRnk 3 / 221
2022
Flag → Flag
Top Product $1.89BPackaged Medicaments
2022
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Economic Complexity (ECI) ECI 1.3Rnk 16 / 133
2022
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Economic Complexity (ECI) ECI 1.29Rnk 17 / 133
2022
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GDP$2.78TCURRENT US$
Rnk 7 / 186
2012-2022
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GDP GROWTH3.7%CURRENT US$
Rnk 157 / 186
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 PC $40,964CURRENT US$
Rnk 26 / 186
2012-2022
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GDP PC GROWTH0.23%CURRENT US$
Rnk 137 / 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

About

France-Italy Trade: In 2022, France exported $56.4B to Italy. The main products that France exported to Italy were Petroleum Gas ($7.97B), Electricity ($4.58B), and Packaged Medicaments ($2.3B). Over the past 5 years the exports of France to Italy have increased at an annualized rate of 7.2%, from $39.9B in 2017 to $56.4B in 2022.

In 2020, France exported services to Italy worth $9B, with Other business services ($4.13B), Travel ($1.74B), and Transportation ($1.52B) being the largest in terms of value.

Italy-France Trade: In 2022, Italy exported $63.8B to France. The main products that Italy exported to France were Packaged Medicaments ($1.89B), Refined Petroleum ($1.86B), and Cars ($1.57B). Over the past 5 years the exports of Italy to France have increased at an annualized rate of 4.66%,  from $50.8B in 2017 to $63.8B in 2022.

In 2020, Italy exported services to France worth $7.8B, with Travel ($2.81B), Other business services ($1.73B), and Financial services ($1.08B) being the largest in terms of value.

Comparison: In 2022,  France ranked 16 in the Economic Complexity Index (ECI 1.3), and 8 in total exports ($608B). That same year, Italy ranked 17 in the Economic Complexity Index (ECI 1.29), and 7 in total exports ($634B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, France exported $56.4B to Italy. The main products exported from France to Italy were Petroleum Gas ($7.97B), Electricity ($4.58B), and Packaged Medicaments ($2.3B). During the last 5 years the exports of France to Italy have increased at an annualized rate of 7.2%, from $39.9B in 2017 to $56.4B in 2022.

In 2017, Italy exported $63.8B to France. The main products exported from Italy to France were Packaged Medicaments ($1.89B), Refined Petroleum ($1.86B), and Cars ($1.57B). During the last 5 years the exports of Italy to France have increased at an annualized rate of 4.66%, from $50.8B in 2022 to $63.8B in 2017.

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

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

Latest Data

Trade between France (Flag) and Italy (Flag)

France Exports

Italy Exports

Market Competitiveness

Color
France
Top DestinationGermany$78.3B
Italy
Top DestinationGermany$78.5B

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

In 2022, countries that imported more from France than Italy included Belgium ($47.8B), Spain ($46.4B), and China ($25.4B).

In 2022, countries that imported more from Italy than France included United States ($68.2B), Austria ($15B), and Poland ($20B).

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

Comparative Advantage France - Italy

Flow
Scale

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

During 2022, France had a large net trade with Italy in the exports of Mineral Products ($13B), Chemical Products ($7.73B), and Machines ($6.68B).

During 2017, Italy had a large net trade with France in the exports of Machines ($11.8B), Metals ($7.74B), and Transportation ($6.51B).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential France Italy+$856MPackaged Medicaments
Top Product Potential Italy France+$944MPackaged Medicaments

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Bilateral Service Trade

In 2020, France exported services to Italy worth $9B, with Other business services ($4.13B), Travel ($1.74B), and Transportation ($1.52B) being the largest in terms of value.

In 2020, Italy exported services to France worth $7.8B, with Travel ($2.81B), Other business services ($1.73B), and Financial services ($1.08B) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

Service Trade

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of France and Italy. This means that a dot/product with the flag of France indicates it has a comparative advantage over Italy. Similarly, a dot/product with the flag of Italy indicates it has a comparative advantage over France.

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

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