Summary
- Italy → Russia
- $4.6billion
- Russia → Italy
- $3.7billion
- Italy’s balance
- $935million
Balance
Italy’s trade balance with Russia
Trade between Italy and Russia grew 20% since 1995
USD billions (current). Italy’s exports and imports; bars: its balance (green surplus, red deficit).
- Exports 4.6
- Imports 3.7
- Balance +0.9
Source: CEPII BACI
Show the numbers
| Year | Exports | Imports | Trade balance |
|---|---|---|---|
| 1995 | $2.9 billion | $4 billion | -$1.2 billion |
| 1996 | $3.4 billion | $4.5 billion | -$1.1 billion |
| 1997 | $3.5 billion | $4.2 billion | -$675 million |
| 1998 | $2.5 billion | $3.6 billion | -$1.1 billion |
| 1999 | $1.5 billion | $4.4 billion | -$2.8 billion |
| 2000 | $1.8 billion | $4.7 billion | -$2.9 billion |
| 2001 | $2.5 billion | $4.4 billion | -$1.9 billion |
| 2002 | $3 billion | $4.6 billion | -$1.5 billion |
| 2003 | $3.4 billion | $5.5 billion | -$2.1 billion |
| 2004 | $4.7 billion | $7.9 billion | -$3.2 billion |
| 2005 | $6.1 billion | $9.9 billion | -$3.8 billion |
| 2006 | $7.4 billion | $12.8 billion | -$5.3 billion |
| 2007 | $10.3 billion | $14.1 billion | -$3.7 billion |
| 2008 | $12 billion | $16.7 billion | -$4.7 billion |
| 2009 | $8.2 billion | $20.7 billion | -$12.5 billion |
| 2010 | $10.1 billion | $22 billion | -$11.9 billion |
| 2011 | $12.7 billion | $22.8 billion | -$10.1 billion |
| 2012 | $12.6 billion | $22.6 billion | -$10 billion |
| 2013 | $13.8 billion | $26.3 billion | -$12.4 billion |
| 2014 | $12.7 billion | $29.2 billion | -$16.4 billion |
| 2015 | $7.8 billion | $20.3 billion | -$12.5 billion |
| 2016 | $8.6 billion | $14.2 billion | -$5.6 billion |
| 2017 | $10.8 billion | $14 billion | -$3.2 billion |
| 2018 | $10 billion | $17.5 billion | -$7.5 billion |
| 2019 | $10.2 billion | $15.9 billion | -$5.7 billion |
| 2020 | $9.2 billion | $12.4 billion | -$3.2 billion |
| 2021 | $10.8 billion | $21.5 billion | -$10.7 billion |
| 2022 | $6.1 billion | $28.6 billion | -$22.5 billion |
| 2023 | $5 billion | $4.4 billion | $656 million |
| 2024 | $4.6 billion | $3.7 billion | $935 million |
What they sell each other
What Italy sells to Russia
The top 10 headings in 2024, with their share of the total.
What Russia sells to Italy
The top 10 headings in 2024, with their share of the total.
How it travels
The estimated sea route between Genoa and Saint Petersburg is 3,629 nautical miles (6,721 km) long: ≈ 8.5–11 days at sea (at 18 and 14 knots).
Passages it crosses: Strait of Gibraltar, Strait of Dover and Øresund.
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
Russia was Italy’s 34th largest trading partner (0.7% of its trade), and Italy was Russia’s 10th (1%).
- Russia in Italy’s trade
- 0.7%
- Russia’s rank among Italy’s partners
- 34th
- Italy in Russia’s trade
- 1.4%
- Italy’s rank among Russia’s partners
- 10th
Compare with
Other partners of Italy
Other partners of Russia
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.