Country Profile

Capital Rome
Population 58.9M
GDP $2.38T (2024)
GDP per Capita $40,385
Income Level High Income
Currency euro (EUR €)
Language Italian
Timezone UTC+01:00
Region Europe · Southern Europe

Trade Partners

Italy Exports To

  • Germany 11.0%
  • USA 11.0%
  • France 10.0%
  • Spain 5.0%
  • UK 5.0%

Key exports: packaged medicine, garments, cars, refined petroleum, vehicle parts/accessories (2023)

Italy Imports From

  • Germany 15.0%
  • France 9.0%
  • China 8.0%
  • Netherlands 6.0%
  • Spain 5.0%

Key imports: natural gas, crude petroleum, cars, packaged medicine, garments (2023)

Economic Overview

high-income, core EU economy; strong services, manufacturing, and tourism sectors; modest growth supported by net exports, low inflation, and public investments via EU funds; tight labor market with aging workforce and shortages in specialized skills; high public debt levels

Government: parliamentary republic

UK Trade Status

FTA in Force

The UK has a free trade agreement with Italy, providing preferential market access for UK exporters.

Geographic Region

Trading Bloc Memberships

Italy is a member of the following trade agreements and economic blocs.

Export Guidance

Relevant guidance for exporting to Italy.

Start Your Export Journey

Also in This Region

Official Resources

Government export support for Italy.