Italy’s trade surplus widened to €4.3 billion in April 2026 from €2.4 billion in the same month a year earlier, although it fell short of market forecasts for a €5.19 billion surplus. Exports increased by 8.8% year-on-year to €57.6 billion, with most sectors contributing to the growth, notably basic metals and fabricated metal products, excluding machinery and equipment (32.9%), coke and refined petroleum products (52.0%), machinery and equipment not classified elsewhere (6.3%), chemical substances and products (10.5%), motor vehicles (16.1%), and electrical equipment (10.4%). Switzerland remained Italy’s largest export market (39.4%), followed by the US (12.1%), China (36.2%), France (7.6%), and Germany (5.0%). Meanwhile, imports rose by 5.5% to €53.3 billion, primarily due to increased purchases of metals and crude oil. Imports from EU and non-EU countries grew by 5.2% and 5.9%, respectively. source: National Institute of Statistics (ISTAT)

Italy recorded a trade surplus of 4293.10 EUR Million in April of 2026. Balance of Trade in Italy averaged 1377.61 EUR Million from 1991 until 2026, reaching an all time high of 9550.66 EUR Million in July of 2020 and a record low of -9558.37 EUR Million in August of 2022. This page provides the latest reported value for - Italy Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Italy Balance of Trade - data, historical chart, forecasts and calendar of releases - was last updated on June of 2026.

Italy recorded a trade surplus of 4293.10 EUR Million in April of 2026. Balance of Trade in Italy is expected to be 5160.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Italy Balance of Trade is projected to trend around 4900.00 EUR Million in 2027 and 5400.00 EUR Million in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-05-18 08:00 AM
Balance of Trade
Mar €4.709B €4.983B €5.2B €4.4B
2026-06-15 08:00 AM
Balance of Trade
Apr €4.293B €4.813B €5.19B €3.8B
2026-07-16 09:00 AM
Balance of Trade
May €4.293B


Related Last Previous Unit Reference
Balance of Trade 4293.10 4812.70 EUR Million Apr 2026
Exports 57612.00 61740.00 EUR Million Apr 2026
Imports 53319.00 56927.00 EUR Million Apr 2026
Terms of Trade 106.80 107.80 points Apr 2026
Tourist Arrivals 7378127.00 4578273.00 Persons Apr 2026


Italy Balance of Trade
Italy consistently records trade surpluses, although soaring energy costs in 2022 inflated the price of purchases and drove the Italian economy to import more than it exports during a short period. Italy’s main exports include base metals, chemicals, transportation equipment, and pharmaceutical goods, while the main imports are machinery and energy. The largest exporting partners are France, Germany, and the United States, while the main importing partners are Germany, France, China, and OPEC nations.
Actual Previous Highest Lowest Dates Unit Frequency
4293.10 4812.70 9550.66 -9558.37 1991 - 2026 EUR Million Monthly
Current Prices, NSA

News Stream
Italy Trade Surplus Widens in April
Italy’s trade surplus widened to €4.3 billion in April 2026 from €2.4 billion in the same month a year earlier, although it fell short of market forecasts for a €5.19 billion surplus. Exports increased by 8.8% year-on-year to €57.6 billion, with most sectors contributing to the growth, notably basic metals and fabricated metal products, excluding machinery and equipment (32.9%), coke and refined petroleum products (52.0%), machinery and equipment not classified elsewhere (6.3%), chemical substances and products (10.5%), motor vehicles (16.1%), and electrical equipment (10.4%). Switzerland remained Italy’s largest export market (39.4%), followed by the US (12.1%), China (36.2%), France (7.6%), and Germany (5.0%). Meanwhile, imports rose by 5.5% to €53.3 billion, primarily due to increased purchases of metals and crude oil. Imports from EU and non-EU countries grew by 5.2% and 5.9%, respectively.
2026-06-15
Italy Trade Surplus Steady in March
Italy’s trade surplus remained relatively stable in March 2026 compared to the same month last year, standing at €4.7 billion, but was below market expectations of €5.2 billion. Exports rose by 7.4% year-on-year to €61.7 billion, supported by strong growth in sectors such as basic metals and fabricated metal products, excluding machinery and equipment (38.6%), coke and refined petroleum products (55.0%), motor vehicles (15.8%), computers, electronic and optical equipment (17.5%), pharmaceutical, chemical, medicinal, and botanical products (4.6%), and machinery and equipment, nec (3.3%). Switzerland was the top export destination (84.6%), followed by France (9.2%), Germany (8.0%), Spain (12.6%), and China (23.9%). Meanwhile, imports grew by 8.0% to €57.0 billion, amid increased purchases of metals, motor vehicles, and electronics. Imports from both the EU (8.1%) and non-EU countries (9.1%) went up.
2026-05-18
Italy Trade Surplus Above Forecasts
Italy’s trade surplus widened to €4.9 billion in February 2026 from €4.4 billion in the same month last year and above expectations of €3.8 billion. Exports fell 0.2% year-on-year to €53.8 billion, reflecting a decline in shipments to EU countries (-2.9%), while those to non-EU markets rose (+2.8%). Individually, exports declined to Germany (-15.4%), Spain (-15.3%), Turkey (-27.0%), and the UK (-13.6%), while increasing to Switzerland (+33.2%), the US (+8.0%), and OPEC countries (+14.5%). Sector-wise, export declines were led by transport equipment (-22.1%) and refined petroleum products (-18.2%), partly offset by strong gains in basic metals (+30.7%). Meanwhile, imports fell 1.3% to €48.8 billion, with a larger drop from EU partners (-2.0%) than non-EU countries (-0.3%). Specifically, arrivals fell from Belgium (-21.9%), Spain (-4.4%), and Russia (-60.5%). Among commodities, imports dropped the most in mineral extraction (-30.1%) and coke and refined petroleum products (-16.6%).
2026-04-17