Italy vs China: 2023 Trade Comparison

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

ItalyMetricChina
$651.33BTotal exports$3.41T
$635.96BTotal imports$2.13T
$15.36BTrade balance$1.29T
$1.29TTotal trade volume$5.54T
#5Global export rank#1
#9Global import rank#2

Direct trade between Italy and China

ItalyChina
$20.94B
ChinaItaly
$47.21B

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

China top exports

  • Telephones for cellular networks or for other wireless networks$223.55B
  • portable, weighing not more than 10kg, consisting of at least a central processing unit, a keyboard and a display$118.95B
  • lithium-ion, including separators, whether or not rectangular (including square)$69.67B
  • machines for the reception, conversion and transmission or regeneration of voice, images or other data, including switching and routing apparatus$65.42B
  • memories$49.99B

Shared top trade partners

Both countries appear as major export destinations for 3 of the same partners:

USAGermanyUnited Kingdom