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International Trade Statistics Yearbook 2014, Volume I

Trade by Country

image of International Trade Statistics Yearbook 2014, Volume I

The 2014 International Trade Statistics Yearbook (2014 ITSY) is the sixty-third edition of this yearbook. Its objective is to inform about the detailed merchandise and services imports and exports of individual countries (areas) by commodity and service category and by partner country (volume I), the world trade in individual commodities (3-digit SITC groups) (volume II) and total world merchandise trade - up to the year 2014.

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Italy

In 2014, the value of merchandise exports of Italy increased slightly by 2.0 percent to reach 528.4 bln US$, while its merchandise imports decreased slightly by 1.6 percent to reach 471.7 bln US$ (see graph 1, table 2 and table 3). Despite growth since 2009, the value of exports was still less than its peak in 2008 at 541.8 bln US$. The merchandise trade balance recorded a relatively small surplus of 56.7 bln US$ (see graph 1). The largest merchandise trade balance was with MDG Developed Europe at 31.6 bln US$ (see graph 4). Merchandise exports in Italy were diversified amongst partners; imports were also diversified. The top 29 partners accounted for 80 percent or more of exports and 26 partners accounted for 80 percent or more of imports (see graph 5). In 2013, the value of exports of services of Italy increased substantially by 10.1 percent, reaching 115.8 bln US$, while its imports of services increased moderately by 6.3 percent and reached 112.8 bln US$ (see graph 2). There was a relatively small trade in services surplus of 3.0 bln US$, the first trade in services surplus since 2004.

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