Italy Trade Balance
External balance on goods and services NE.RSB.GNFS.CD
Italy's trade balance was $20.8B in 2025, ranked 27th globally. This represents a 60.1% decrease from 2024. Data from World Bank, covering 1970–2025.
Overview
Italy's trade balance stood at $20.8B in 2025, a decline of +$31.3B from 2024. Based on recent trends, this figure is projected to reach $20.8B by 2025. Italy ranked 27th globally.
Italy’s trade balance in 2025 stood at 20,768,380,556.41 dollars, ranking 27th globally, a modest recovery from the severe deficit of –39,140,989,153.33 recorded in 2010, the all‑time trough for the 56‑year series. The post‑COVID surge in exports pushed the surplus to a peak of 66,995,055,891.98 in 2020, after which the balance contracted as import demand rebounded. Compared with peers of similar rank, Italy’s surplus exceeds Czechia’s 18,465,758,539.83 but remains below Macao SAR, China’s 25,216,892,066.05, reflecting a mixed performance across Europe and Asia. The long‑term trajectory shows a gradual shift from large deficits in the early 2000s toward a more positive balance, driven by structural reforms and higher value‑added exports. Continued improvement in competitiveness and diversification of export markets will be crucial to sustain the upward trend and narrow the gap with higher‑ranking peers.
Data & projection
| Year | Trade Balance | YoY change | Rank |
|---|---|---|---|
| 2027* trend | $13.1B | - | - |
| 2026* trend | $16.9B | - | - |
| 2025* trend | $20.8B | - | - |
| 2025 | $20.8B | −$31.3B | #27 |
| 2024 | $52.1B | +$16.0B | #147 |
| 2023 | $36.0B | +$74.3B | #155 |
| 2022 | $-38.3B | −$82.7B | #8 |
| 2021 | $44.5B | −$22.5B | #167 |
| 2020 | $67.0B | +$2.3B | #175 |
| 2019 | $64.7B | +$15.4B | #172 |
| 2018 | $49.4B | −$3.8B | #172 |
| 2017 | $53.1B | −$6.6B | #172 |
| 2016 | $59.7B | +$7.1B | #173 |
| 2015 | $52.6B | −$8.0B | #173 |
| 2014 | $60.6B | +$10.7B | #170 |
| 2013 | $50.0B | +$27.2B | #165 |
| 2012 | $22.8B | +$53.8B | #155 |
| 2011 | $-31.1B | +$8.1B | #6 |
Detected Pattern
Analysis
Italy matched the Export Boom Cycle pattern in 1986. Historically, 71% of countries showing this pattern (546 out of 768) saw trade balance improve within 24 months. View full analysis →
The news regarding foreign powers and investors in Angola does not directly relate to Italy's trade balance. However, the CETA agreement's impact, showing a shift in trade surplus towards European firms and a widening goods trade deficit for Quebec with the EU, suggests a positive development for EU member states like Italy. This could contribute to Italy's current $20.8B trade surplus by boosting exports to Canada.
Frequently Asked Questions
Italy's trade balance was $20.8B in 2025. Ranked 27th globally. This represents a 60.1% decrease from the previous year.
Italy's trade balance peaked at $67.0B in 2020.
The lowest trade balance in Italy was $-39.1B in 2010.
Italy ranks 27th globally in trade balance as of 2025.
The World Bank indicator code is NE.RSB.GNFS.CD. Data sourced from World Bank.
Italy's trade balance is projected to reach $20.8B by 2025 based on trend extrapolation.
Italy's trade balance was approximately 20.77 billion ($20.8B) in 2025.
The trade balance of Italy in 2025 was $20.8B. This ranks 27th in the world.
Cite this page
@misc{historysaid_italy_trade-balance,
title = {Italy Trade Balance},
url = {https://historysaid.com/italy/trade-balance/},
publisher = {HistorySaid},
year = {2026}
}