India / Italy

Overview In August 2024, India exported $546M and imported $487M from Italy, resulting in a positive trade balance of $58.6M. Between August 2023 and August 2024 the exports of India have decreased by $-114M (-17.3%) from $660M to $546M, while imports decreased by $-66.5M (-12%) from $553M to $487M.

Trade In August 2024, the top exports of India to Italy were Iron And Steel ($127M), Aluminium, Products Of Aluminm ($62.7M), Telecom Instruments ($59.4M), Rmg Cotton Incl Accessories ($32.5M), and Products Of Iron And Steel ($25M). In August 2024 the top imports of India from Italy were Indl. Machnry For Dairy Etc ($115M), Residul Chemicl And Alled Prod ($30M), Other Misc. Engineering Items ($21M), Machine Tools ($17.3M), and Paper, Paper Board And Product ($16.3M).

Growth In August 2024, the decrease in India's year-by-year exports to Italy was explained primarily by an decrease in product exports in Plastic Raw Materials ($-18.3M or -73.3%), Coffee ($-9.64M or -53.8%), and Plastc Sht, Film, Plts Et ($-7.33M or -64%). In August 2024, the decrease in India's year-by-year imports  from Italy was explained primarily by an decrease in product imports  in Fresh Fruits ($-6.25M or -67.8%), Atm, Injctng Mlding Mchnry Etc ($-4.66M or -41.1%), and Bulk Drugs, Drug Intermediates ($-4.02M or -49.4%).