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2024
6th in terms of exports in the world
In 2024, the volume of world trade in goods and services reached $32.2 trillion, which is 4% more than in 2023, when a decrease of 2% was recorded. Trade in goods rose by 2%, services - by 10%. Such data are contained in the materials of the World Trade Organization (WTO), which TAdviser got acquainted with in mid-October 2025. Read more here.
The trade turnover of Russia and Italy over the year decreased 5 times to $7-8 billion
In mid-October 2024, it became known about a sharp reduction in trade between Italy and Russia. Russian Ambassador to Italy Aleksei Paramonov said the following:
 | I must admit that Russia did not expect from Italy such a hasty, and most importantly, absolutely self-destructive rejection of the status of a privileged economic partner. Moscow Some jealous allies of Italy have been working hard to upset or destroy the Russian-Italian economic idyll. Not by washing, so rolling this goal has been achieved. We trade less and less, mutual trade fell almost five times, to a modest $7-8 billion, expected by the end of 2024. |  |
Italy's direct exports to Russia decreased by $4 billion from 2019 to 2023 (black). But its exports to Central Asia, the Caucasus, Belarus and Turkey (blue) grew by $7 billion over the same period.
According to Paramonov, it will be extremely difficult for Russia and Italy to return to their previous positions and restore the volume of mutual trade.
| | Fortunately, in Italy, as in Russia, realists and optimists have not yet translated. There are especially many of them among representatives of the business community. I would like to believe that they, as it was in the past, will play their role in bilateral relations again, "he added.[1] | |
7th in drug exports to the United States worth $12.2 billion
10th in terms of imports to the United States
The 10 largest importers in the United States in 2024:
1. Mexico: $476 billion
2. China: $427 billion
3. Canada: $421 billion
4. Germany: $160 billion
5. Japan: $147 billion
6. South Korea: $116 billion
7. Vietnam: $114 billion
8. India: $84 billion
9. Ireland: $82bn
10. Italy: $73 billion
15th in the world in terms of gold trade
Direct deliveries to Russia with indication in the documents of Kyrgyzstan
In April 2024, exports to Russia through third countries in Central Asia continue to remain at a record level. Kyrgyzstan is a key hub for transshipment, with exports from European countries never arriving in Bishkek. Kyrgyzstan is what is indicated in the bill, but these goods go directly to Russia.
2023
Wine exports to the USA - 3.459 million hectoliters, imports from the USA - 3 thousand hectoliters
Jump in exports to China by 3 times
In a little more than a year, according to the results of February 2023, Italy's exports to China tripled. The problem is that even experts find it difficult to explain why.
In February, the volume of supplies to China exceeded 3 billion euros (3.3 billion) dollars , which is 131% more than a year earlier. That followed another 137% jump a month earlier. For comparison, in January 2022 Italy , exported goods and services worth about 1 billion euros to economy No. 2 in the world.
2022
Germany is the largest export destination
5th in champagne imports - 10.6 million bottles
Trade deficit with China
2021
Seventh largest importer to Russia
Italy is among the largest arms exporters in 5 years with a share of 3.1%
2019
Import of 0.63 million tons of coffee beans
5th place in terms of exports to the Russian Federation and 7th in terms of imports from the Russian Federation
Exporting Computer Devices
The Impact of US President Trump's Administration's Trade Restrictions
2015: Top ten global apple exporters with 13.7% share
Notes
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