Summary
- Italy → Ukraine
- $2.3billion
- Ukraine → Italy
- $1.9billion
- Italy’s balance
- $454million
Balance
Italy’s trade balance with Ukraine
Trade between Italy and Ukraine grew 3.7-fold since 1995
USD billions (current). Italy’s exports and imports; bars: its balance (green surplus, red deficit).
- Exports 2.3
- Imports 1.9
- Balance +0.5
Source: CEPII BACI
Show the numbers
| Year | Exports | Imports | Trade balance |
|---|---|---|---|
| 1995 | $350 million | $794 million | -$444 million |
| 1996 | $390 million | $549 million | -$159 million |
| 1997 | $454 million | $596 million | -$142 million |
| 1998 | $473 million | $728 million | -$254 million |
| 1999 | $338 million | $664 million | -$326 million |
| 2000 | $426 million | $725 million | -$298 million |
| 2001 | $539 million | $987 million | -$448 million |
| 2002 | $577 million | $1.2 billion | -$666 million |
| 2003 | $836 million | $1.4 billion | -$578 million |
| 2004 | $1.1 billion | $2.1 billion | -$965 million |
| 2005 | $1.3 billion | $2.3 billion | -$1.1 billion |
| 2006 | $1.8 billion | $2.8 billion | -$1 billion |
| 2007 | $2.1 billion | $3.4 billion | -$1.3 billion |
| 2008 | $2.7 billion | $3.7 billion | -$973 million |
| 2009 | $1.3 billion | $1.5 billion | -$230 million |
| 2010 | $1.5 billion | $2.9 billion | -$1.4 billion |
| 2011 | $2.1 billion | $3.7 billion | -$1.6 billion |
| 2012 | $2.3 billion | $2.8 billion | -$490 million |
| 2013 | $2.2 billion | $2.8 billion | -$569 million |
| 2014 | $1.5 billion | $2.8 billion | -$1.3 billion |
| 2015 | $1 billion | $2.2 billion | -$1.2 billion |
| 2016 | $1.4 billion | $2.1 billion | -$636 million |
| 2017 | $1.7 billion | $2.7 billion | -$1.1 billion |
| 2018 | $2.1 billion | $3.1 billion | -$981 million |
| 2019 | $2.1 billion | $2.8 billion | -$667 million |
| 2020 | $2.1 billion | $2.1 billion | $30 million |
| 2021 | $2.6 billion | $3.7 billion | -$1.2 billion |
| 2022 | $1.7 billion | $2 billion | -$224 million |
| 2023 | $2.2 billion | $1.8 billion | $377 million |
| 2024 | $2.3 billion | $1.9 billion | $454 million |
What they sell each other
What Italy sells to Ukraine
The top 10 headings in 2024, with their share of the total.
What Ukraine 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 Odesa is 1,697 nautical miles (3,142 km) long: ≈ 4–5 days at sea (at 18 and 14 knots).
Passages it crosses: Dardanelles and Bosporus.
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
Ukraine was Italy’s 53rd largest trading partner (0.4% of its trade), and Italy was Ukraine’s 6th (4%).
- Ukraine in Italy’s trade
- 0.4%
- Ukraine’s rank among Italy’s partners
- 53rd
- Italy in Ukraine’s trade
- 3.6%
- Italy’s rank among Ukraine’s partners
- 6th
Compare with
Other partners of Italy
Other partners of Ukraine
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.