Spain vs Italy: 2023 Trade Comparison

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

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

Direct trade between Spain and Italy

SpainItaly
$34.75B
ItalySpain
$33.56B

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

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

Shared top trade partners

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

GermanyUSAFranceSwitzerlandUnited KingdomBelgiumNetherlands