What kind of services does Italy export to the world?

The top services exported by Italy in 2017 were Travel ($44.2B), Miscellaneous business, professional, and technical services ($21.4B), Transportation ($14.1B), Computer and information services ($9B), and Royalties and license fees ($4.53B).

Where does most of Italy’s imports come from?

The top import origins are Germany ($72.2B), France ($39.7B), China ($31.8B), the Netherlands ($24.8B) and Spain ($22.7B). Italy borders Austria, Switzerland, France, San Marino, Slovenia and the Holy See (Vatican City) by land and Algeria, Libya, Tunisia, Albania, Spain, Greece, Croatia, Malta and Montenegro by sea.

What does Barchart show about Italy’s exports?

The barchart show only products that Italy is not specialized in. The product space is a network connecting products that are likely to be co-exported. The product space can be used to predict future exports, since countries are more likely to start exporting products that are related to current exports.

Which is the fifth largest export of Italy?

Italian clothes are valued around the world, and textiles are Italy’s fifth largest export. In 2017, the segment accounted for 6.3% of all exports, or just over USD30 billion.

What are the highest import tariffs in Italy?

The top product import tariffs by their MFN Ad Valorem value for Italy are Sugar beet (178%) and Whey (173%). Click any of the products in the bar chart to see the specific Ad Valorem Duty Rates by partner country.

How much money does Italy export and import?

Italy is the 7th largest export economy in the world and the 20th most complex economy according to the Economic Complexity Index (ECI). In 2017, Italy exported $482B and imported $441B, resulting in a positive trade balance of $40.8B.