Summary
- Australia → Italy
- $628million
- Italy → Australia
- $6.2billion
- Australia’s balance
- -$5.6billion
Balance
Australia’s trade balance with Italy
Trade between Australia and Italy grew 2.5-fold since 1995
USD billions (current). Australia’s exports and imports; bars: its balance (green surplus, red deficit).
- Exports 0.6
- Imports 6.2
- Balance -5.6
Source: CEPII BACI
Show the numbers
| Year | Exports | Imports | Trade balance |
|---|---|---|---|
| 1995 | $1.1 billion | $1.6 billion | -$492 million |
| 1996 | $1.2 billion | $1.8 billion | -$627 million |
| 1997 | $1.2 billion | $1.8 billion | -$528 million |
| 1998 | $1.5 billion | $1.8 billion | -$279 million |
| 1999 | $1 billion | $1.8 billion | -$810 million |
| 2000 | $1.3 billion | $2 billion | -$735 million |
| 2001 | $1.4 billion | $1.9 billion | -$536 million |
| 2002 | $1.3 billion | $2.3 billion | -$979 million |
| 2003 | $1.3 billion | $2.9 billion | -$1.6 billion |
| 2004 | $1.4 billion | $3.4 billion | -$2 billion |
| 2005 | $1.5 billion | $3.4 billion | -$1.9 billion |
| 2006 | $1.6 billion | $3.5 billion | -$1.9 billion |
| 2007 | $1.8 billion | $4.2 billion | -$2.3 billion |
| 2008 | $1.8 billion | $4.6 billion | -$2.8 billion |
| 2009 | $981 million | $3.9 billion | -$2.9 billion |
| 2010 | $1.1 billion | $4.7 billion | -$3.6 billion |
| 2011 | $1.6 billion | $4.9 billion | -$3.4 billion |
| 2012 | $999 million | $5.5 billion | -$4.5 billion |
| 2013 | $825 million | $5.7 billion | -$4.8 billion |
| 2014 | $699 million | $5.4 billion | -$4.7 billion |
| 2015 | $558 million | $4.3 billion | -$3.8 billion |
| 2016 | $550 million | $4.3 billion | -$3.8 billion |
| 2017 | $687 million | $4.8 billion | -$4.2 billion |
| 2018 | $703 million | $5.4 billion | -$4.7 billion |
| 2019 | $537 million | $5 billion | -$4.5 billion |
| 2020 | $405 million | $4.7 billion | -$4.3 billion |
| 2021 | $722 million | $5.8 billion | -$5.1 billion |
| 2022 | $1.3 billion | $6.6 billion | -$5.3 billion |
| 2023 | $687 million | $6.2 billion | -$5.5 billion |
| 2024 | $628 million | $6.2 billion | -$5.6 billion |
What they sell each other
What Australia sells to Italy
The top 10 headings in 2024, with their share of the total.
What Italy sells to Australia
The top 10 headings in 2024, with their share of the total.
How it travels
The estimated sea route between Sydney and Genoa is 13,098 nautical miles (24,258 km) long: ≈ 30.5–39 days at sea (at 18 and 14 knots).
Because of the 2024 disruptions, traffic is split: 85% via the Cape of Good Hope and the Strait of Gibraltar (13,098 nautical miles); and 15% via the Bab-el-Mandeb Strait and the Suez Canal (10,077 nautical miles).
Sailing estimate without port calls, waiting or transshipment; not a schedule. One main reference port per country: in large countries it does not represent all of its ports.
Split by transport mode
Mode estimated from value per kilo and geography; both directions together.
How much each matters to the other
Italy was Australia’s 18th largest trading partner (1% of its trade), and Australia was Italy’s 40th (0.6%).
- Italy in Australia’s trade
- 1%
- Italy’s rank among Australia’s partners
- 18th
- Australia in Italy’s trade
- 0.6%
- Australia’s rank among Italy’s partners
- 40th
Compare with
Other partners of Australia
Other partners of Italy
Sources and methodology
Sources and licenses
- CEPII BACI · Licence Ouverte Etalab 2.0
- World Bank, Global Shipping Traffic Density · CC BY 4.0 (route network derived by this site)
- World Port Index (NGA) · Public domain (US Government work)
- Natural Earth · Public domain
Methodology
Goods trade from CEPII BACI (BACI_HS92_V202601), in current US dollars, with exports and imports reconciled between countries. The transport mode is our own estimate based on value per kilo and geography. The sea route comes from our own network derived from World Bank shipping density (not from nautical charts), between one main reference port per country (World Port Index); days are the distance at 14 and 18 knots, without port calls or waiting. Data up to 2024.