USA vs Italy: 2023 Trade Comparison

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

USAMetricItaly
$1.90TTotal exports$651.33B
$2.98TTotal imports$635.96B
$-1.08TTrade balance$15.36B
$4.87TTotal trade volume$1.29T
#2Global export rank#5
#1Global import rank#9

Direct trade between USA and Italy

USAItaly
$26.48B
ItalyUSA
$69.32B

USA top exports

  • petroleum oils and oils obtained from bituminous minerals, crude$124.16B
  • preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals$115.84B
  • liquefied, natural gas$39.59B
  • consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale$33.69B
  • of an unladen weight exceeding 15,000kg$31.57B

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 4 of the same partners:

GermanyUnited KingdomChinaNetherlands