Italy vs Spain: 2023 Trade Comparison

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

ItalyMetricSpain
$651.33BTotal exports$407.20B
$635.96BTotal imports$462.31B
$15.36BTrade balance$-55.12B
$1.29TTotal trade volume$869.51B
#5Global export rank#16
#9Global import rank#15

Direct trade between Italy and Spain

ItalySpain
$33.56B
SpainItaly
$34.75B

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

Spain top exports

  • consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale$13.96B
  • preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals$13.22B
  • with only spark-ignition internal combustion reciprocating piston engine, cylinder capacity over 1000 but not over 1500cc$12.71B
  • with only spark-ignition internal combustion reciprocating piston engine, cylinder capacity not over 1000cc$6.26B
  • n.e.c. in heading no. 8708$5.33B

Shared top trade partners

Both countries appear as major export destinations for 7 of the same partners:

FranceGermanyUnited KingdomUSABelgiumNetherlandsSwitzerland