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2022
Flag → Flag
Exports $4.15BRnk 29 / 221
2022
Flag → Flag
Top Product $133MValves
2022
Flag → Flag
Exports $5.92BRnk 14 / 217
2022
Flag → Flag
Top Product $628MBroadcasting Equipment
2022
Flag
Economic Complexity (ECI) ECI 1.29Rnk 17 / 133
2022
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Economic Complexity (ECI) ECI 0.64Rnk 40 / 133
2022
Flag  
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$3.39TCURRENT US$
Rnk 5 / 186
2012-2022
Flag
GDP GROWTH85.2%CURRENT US$
Rnk 24 / 186
2022
Flag
GDP PC $34,158CURRENT US$
Rnk 30 / 186
2012-2022
Flag
GDP PC GROWTH-2.55%CURRENT US$
Rnk 148 / 186
2022
Flag
GDP PC$2,389CURRENT US$
Rnk 140 / 186
2012-2022
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GDP PC GROWTH66.6%CURRENT US$
Rnk 20 / 186

About

Italy-India Trade: In 2022, Italy exported $4.15B to India. The main products that Italy exported to India were Valves ($133M), Machinery Having Individual Functions ($121M), and Washing and Bottling Machines ($114M). Over the past 5 years the exports of Italy to India have increased at an annualized rate of 29.7%, from $1.13B in 2017 to $4.15B in 2022.

In 2020, Italy exported services to India worth $358M, with Other business services ($115M), Royalties and license fees ($70M), and Travel ($54.6M) being the largest in terms of value.

India-Italy Trade: In 2022, India exported $5.92B to Italy. The main products that India exported to Italy were Broadcasting Equipment ($628M), Raw Aluminium ($510M), and Hot-Rolled Iron ($483M). Over the past 5 years the exports of India to Italy have increased at an annualized rate of 32%,  from $1.48B in 2017 to $5.92B in 2022.

In 2022, India did not export any services to Italy.

Comparison: In 2022,  Italy ranked 17 in the Economic Complexity Index (ECI 1.29), and 7 in total exports ($634B). That same year, India ranked 40 in the Economic Complexity Index (ECI 0.64), and 15 in total exports ($468B).

Latest Trends

N/A

About

Overview In N/A, Italy exported €N/A and imported €N/A from India, resulting in a N/A trade balance of €N/A. Between N/A and N/A the exports of Italy have N/A by €N/A (N/A) from €N/A to €N/A, while imports N/A by €N/A (N/A) from €N/A to €N/A.

Trade In N/A, the top exports of Italy to India were . In N/A the top imports of Italy from India were .

Growth In N/A, the N/A in Italy's year-by-year exports to India was explained primarily by an decrease in product exports in . In N/A, the N/A in Italy's year-by-year imports  from India was explained primarily by an decrease in product imports  in .

Latest Trade

Flow
Time Scale
Depth
Value

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 India and Italy trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore India and Italy Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Italy exported $4.15B to India. The main products exported from Italy to India were Valves ($133M), Machinery Having Individual Functions ($121M), and Washing and Bottling Machines ($114M). During the last 5 years the exports of Italy to India have increased at an annualized rate of 29.7%, from $1.13B in 2017 to $4.15B in 2022.

In 2017, India exported $5.92B to Italy. The main products exported from India to Italy were Broadcasting Equipment ($628M), Raw Aluminium ($510M), and Hot-Rolled Iron ($483M). During the last 22 years the exports of India to Italy have increased at an annualized rate of 32%, from $1.48B in 1995 to $5.92B in 2017.

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

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

Market Competitiveness

Color
Italy
Top DestinationGermany$78.5B
India
Top DestinationUnited States$82.9B

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

In 2022, countries that imported more from Italy than India included Germany ($78.5B), France ($63.8B), and Spain ($32.8B).

In 2022, countries that imported more from India than Italy included United Arab Emirates ($31.6B), United States ($82.9B), and Bangladesh ($13.8B).

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

Comparative Advantage Italy - India

Flow
Scale

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

During 2022, Italy had a large net trade with India in the exports of Machines ($2.27B), Chemical Products ($737M), and Metals ($470M).

During 2017, India had a large net trade with Italy in the exports of Metals ($2.86B), Machines ($1.68B), and Chemical Products ($985M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Italy India+$129MMotor vehicles; parts and accessories (8701 to 8705)
Top Product Potential India Italy+$748MRefined Petroleum

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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Economic Complexity

Competitive Landscape

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

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

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