Italy

264M €
Exports
2023
2004 January2024 March
619M €
Imports
2023
2004 January2024 March

Infograafikud

Italy is the 15th largest export partner of Estonia. In 2023, Estonia's exports to Italy amounted to €264M and imports from Italy to €619M, resulting in negative trade balance of €355M.

Exports

2023

In 2023, Estonia's exports to Italy amounted to €264M, making it the 15th largest export partner in the world. Compared to the previous year, exports from Estonia to Italy experienced growth at an annualized rate of 0.358%, from €263M in 2022 to €264M in 2023. Most recently, exports were led by communication equipment, which represent 13.6% of the total exports to Italy, followed by cheese and curd, which account for 11%.

Imports

2023

In 2023, Estonia's imports from Italy ammounted to €619M, making it the 9th largest import partner in the world. Compared to the previous year, imports from Italy to Estonia experienced decline at an annualized rate of 2%, from €632M in 2022 to €619M in 2023. Most recently, imports were led by communication equipment, which represent 5.7% of the total imports from Italy, followed by copper wire (excl. surgical sutures, stranded wire..., which account for 5.7%.

Trade Balance

As of 2024 March, Estonia had negative trade balance of €23.2M with Italy. In 2023 March, it had negative trade balance of €32.8M.