Italy vs Australia: 2023 Trade Comparison

Side-by-side stats from CEPII BACI. Bold values mark the larger figure.

ItalyMetricAustralia
$651.33BTotal exports$385.78B
$635.96BTotal imports$283.23B
$15.36BTrade balance$102.54B
$1.29TTotal trade volume$669.01B
#5Global export rank#19
#9Global import rank#22

Direct trade between Italy and Australia

ItalyAustralia
$5.94B
AustraliaItaly
$0

Italy top exports

  • consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale$28.67B
  • preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals$21.07B
  • of precious metal (excluding silver) whether or not plated or clad with precious metal, and parts thereof$10.43B
  • with only spark-ignition internal combustion reciprocating piston engine, cylinder capacity over 3000cc$7.20B
  • handbags (whether or not with shoulder strap and including those without handle), with outer surface of leather or of composition leather$6.17B

Australia top exports

  • non-agglomerated$93.03B
  • bituminous, whether or not pulverised, but not agglomerated$61.65B
  • liquefied, natural gas$46.19B
  • gold, non-monetary, unwrought (but not powder)$16.20B
  • (other than anthracite and bituminous), whether or not pulverised but not agglomerated$14.80B

Shared top trade partners

Both countries appear as major export destinations for 2 of the same partners:

ChinaUSA