In 2017, Italy's trade surplus fell to EUR 47 billion from a record high of EUR 50 billion in the previous year, as imports jumped 9 percent to EUR 401 billion, the highest level since 2011, and exports rose at a softer 7 percent to an all-time high of EUR 448 billion. And it has been more successful than some of its euro neighbours in transforming a recurring current deficit into a surplus. Seven years ago, Italy and France had current deficits of €45-50bn and Spain a current deficit of €35bn. Last year, France had a current deficit of almost €70bn.

trade surplus is better than trade deficit because it entails a better balance of payments (BOP) while trade deficit entails poor balance of payments.trade surplus also implies that exports exceed imports.When a nation has a trade surplus, it has control over the majority of its own currency. ROME, Dec. 18 (Xinhua) -- Italy's trade surplus is shrinking, as the dramatic rise in Italian exports that started last year continued to slow. According to the latest data from Italy's National Statistics Institute, ISTAT, Italian exports over the first ten months of the year outpaced imports by 32.3 billion euros (36.7 billion U.S. dollars). With European Union countries, Italy registered a December trade deficit of 613 million euros, compared with a deficit of 1.079 billion euros in December 2017. The overall trade deficit was $853.23 billion, down compared to 2018 when the deficit was $873.19 billion. The top five U.S. exports to Italy by value through December 2019 were the categories of Oil; Plasma, vaccines, blood; Insulin, hormones and steroids; Civilian aircraft, parts; and Medicines in individual dosages, respectively. Italy's government budget deficit narrowed to 1.6 percent of GDP in 2019, the lowest since 2007, around half the EU's 3 percent ceiling and below the government's target of 2.2 percent. For 2020, the official target is a deficit of 2.2 percent of GDP, but a sharper increase is now expected as Italian authorities boost spending to support the economy following the coronavirus outbreak.

The statistic shows the trade balance of goods (exports minus imports of goods) in Italy from 2007 to 2017. A positive value means a trade surplus, a negative trade balance means a trade deficit. In 2017, the trade surplus of goods in Italy amounted to about 54.11 billion U.S. dollars.

With European Union countries, Italy registered a December trade deficit of 613 million euros, compared with a deficit of 1.079 billion euros in December 2017. The overall trade deficit was $853.23 billion, down compared to 2018 when the deficit was $873.19 billion. The top five U.S. exports to Italy by value through December 2019 were the categories of Oil; Plasma, vaccines, blood; Insulin, hormones and steroids; Civilian aircraft, parts; and Medicines in individual dosages, respectively. Italy's government budget deficit narrowed to 1.6 percent of GDP in 2019, the lowest since 2007, around half the EU's 3 percent ceiling and below the government's target of 2.2 percent. For 2020, the official target is a deficit of 2.2 percent of GDP, but a sharper increase is now expected as Italian authorities boost spending to support the economy following the coronavirus outbreak. A country has a trade surplus when it exports more than it imports. Conversely, a country has a trade deficit when it imports more than it exports. A country can have an overall trade deficit or surplus, or simply have either with a specific country. Trade surplus by country 2015. Data source: Trade Map, International Trade Centre, www.intracen.org/marketanalysis

18 Aug 2018 India Italy trade balance is India's favour. India has trade surplus worth 1 billion USD in financial year 2018-18 with Italy.

A country has a trade surplus when it exports more than it imports. Conversely, a country has a trade deficit when it imports more than it exports. A country can have an overall trade deficit or surplus, or simply have either with a specific country. Trade surplus by country 2015. Data source: Trade Map, International Trade Centre, www.intracen.org/marketanalysis Italy posted a trade surplus with the rest of the world of 3.658 billion euros in December, narrowing sharply from a surplus of 5.081 billion euros in the same month of 2017, data showed on Friday. ROME, Dec. 18 (Xinhua) -- Italy's trade surplus is shrinking, as the dramatic rise in Italian exports that started last year continued to slow. According to the latest data from Italy's National Statistics Institute, ISTAT, Italian exports over the first ten months of the year outpaced imports by 32.3 billion euros (36.7 billion U.S. dollars). Italy posted a trade surplus with the rest of the world of €5.013 billion ($5.44 billion) in December, compared with €2.786 billion in the same month in 2018, data showed on Friday. Similarly, that export country doesn’t necessarily post a negative trade balance with each individual partner with which it exchanges exports and imports. Italy incurred the highest trade deficits with the following countries: China: -US$20.8 billion (country-specific trade deficit in 2018) Germany: -$14.4 billion; Netherlands: -$13.3 billion Trade Deficits by Country. One hundred and sixty-seven trade entities posted deficits for 2018, dwarfing the 63 countries, islands, territories or other geographic that earned surpluses over the same time period. Collectively, the overall trade deficit for these 167 geographies equaled -$2.332 trillion.

Since 2012 the deficit has been consistently below the 3% ceiling, and Italy had export trade surpluses for goods (€ 47,8 bn in 2017) of developed countries.

14 Feb 2020 Europe's trade surplus with the U.S. hit a record high in 2019, a rise that “Over the last 10, 12 years there's been a tremendous deficit with Europe. three months of 2019, with France and Italy experiencing contractions.

Date, Trade balance, Trade balance, Coverage rate, Trade balance % GDP. 2019, 52,922.1 M.€, 2.96%. 2018, 39,279.7 M.€, 45,847.9 M.$, 109.16%, 2.22%.

Since 2012 the deficit has been consistently below the 3% ceiling, and Italy had export trade surpluses for goods (€ 47,8 bn in 2017) of developed countries. Canada's merchandise trade deficit with the world widened in January, as exports fell As a result, Canada's merchandise trade surplus with the United States There were lower exports to European countries (mainly Italy, Germany and  16 Feb 2017 With European Union countries, Italy registered a December trade surplus of 124 million euros, compared with a deficit of 301 million euros in  general economic development and international trade, the trade data have India, Italy, Japan, Netherlands, New Zealand, Norway, South Africa, Sweden,  27 Mar 2019 Istat 2018 data analyzed by Ismea. The balance of the made in Italy has improved, but remains negative. Agriculture down, food surplus.

The current account balance is the difference between current receipts from abroad and current payments to abroad. Export of Italian regions export +5.4% compared with December 2019; the trade balance was -280 million euro Foreign trade and Industrial import prices.