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Trade between Italy and the United Kingdom

In 2024, Italy exported $31.6 billion to the United Kingdom and imported $8.6 billion. Italy ran a surplus of $23 billion with the United Kingdom, compared with a surplus of $15 billion in 2019. The United Kingdom was Italy’s 9th largest trading partner (3% of its trade), and Italy was the United Kingdom’s 7th (4%).

Summary

Italy → United Kingdom
$31.6billion
United Kingdom → Italy
$8.6billion
Italy’s balance
$23billion

Balance

Italy’s trade balance with the United Kingdom

Trade between Italy and the United Kingdom grew 54% since 1995

USD billions (current). Italy’s exports and imports; bars: its balance (green surplus, red deficit).

  • Exports 31.6
  • Imports 8.6
  • Balance +23

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$13.4 billion$12.6 billion$794 million
1996$15.3 billion$13.6 billion$1.6 billion
1997$16.2 billion$13.8 billion$2.4 billion
1998$16.8 billion$13.8 billion$3 billion
1999$15.8 billion$13.4 billion$2.5 billion
2000$16.2 billion$13.1 billion$3.1 billion
2001$15.5 billion$12 billion$3.5 billion
2002$17.1 billion$12.5 billion$4.6 billion
2003$20.1 billion$13.9 billion$6.2 billion
2004$24.3 billion$14.7 billion$9.6 billion
2005$23.5 billion$14.9 billion$8.6 billion
2006$24.6 billion$15.3 billion$9.3 billion
2007$27.5 billion$16.3 billion$11.2 billion
2008$27.3 billion$15.9 billion$11.4 billion
2009$20.7 billion$13.1 billion$7.5 billion
2010$22.8 billion$13 billion$9.8 billion
2011$24.1 billion$14.7 billion$9.3 billion
2012$22.6 billion$12.1 billion$10.5 billion
2013$24.8 billion$12.5 billion$12.3 billion
2014$28.3 billion$13.3 billion$15 billion
2015$25.1 billion$11.8 billion$13.2 billion
2016$24.2 billion$12.2 billion$12 billion
2017$24.9 billion$12.9 billion$12 billion
2018$27 billion$13.1 billion$13.9 billion
2019$26.7 billion$11.8 billion$15 billion
2020$24.4 billion$9.8 billion$14.5 billion
2021$26 billion$9.6 billion$16.4 billion
2022$29.4 billion$9 billion$20.4 billion
2023$29.5 billion$10.1 billion$19.4 billion
2024$31.6 billion$8.6 billion$23 billion

What they sell each other

What Italy sells to the United Kingdom

The top 10 headings in 2024, with their share of the total.

  1. 10 thousand tonnes · Italy’s destinations
  2. Cars$1.4 billion · 4.3%
    32 thousand tonnes · Italy’s destinations
  3. Wine$1.1 billion · 3.6%
    281 thousand tonnes · Italy’s destinations
  4. Auto parts$989 million · 3.1%
    75 thousand tonnes · Italy’s destinations
  5. Furniture$712 million · 2.3%
    177 thousand tonnes · Italy’s destinations
  6. Cargo and cruise ships$682 million · 2.2%
    50 thousand tonnes · Italy’s destinations
  7. Pasta$541 million · 1.7%
    305 thousand tonnes
  8. Bags, suitcases and cases$497 million · 1.6%
    2 thousand tonnes
  9. Tomato preserves$481 million · 1.5%
    325 thousand tonnes
  10. Trucks$449 million · 1.4%
    34 thousand tonnes · Italy’s destinations

What the United Kingdom sells to Italy

The top 10 headings in 2024, with their share of the total.

  1. Cars$1.5 billion · 17.3%
    80 thousand tonnes · the United Kingdom’s destinations
  2. Aircraft parts$412 million · 4.8%
    751 tonnes
  3. Crude petroleum$356 million · 4.1%
    587 thousand tonnes · the United Kingdom’s destinations
  4. Gold$230 million · 2.7%
    7 tonnes · the United Kingdom’s destinations
  5. Spirits$230 million · 2.7%
    34 thousand tonnes
  6. Auto parts$196 million · 2.3%
    7 thousand tonnes · the United Kingdom’s destinations
  7. Trucks$136 million · 1.6%
    12 thousand tonnes · the United Kingdom’s destinations
  8. Turbojets and gas turbines$131 million · 1.5%
    220 tonnes · the United Kingdom’s destinations
  9. 4 thousand tonnes · the United Kingdom’s destinations
  10. 1 thousand tonnes

How it travels

Estimated sea route from Genoa to Felixstowe.

The estimated sea route between Genoa and Felixstowe is 2,236 nautical miles (4,141 km) long: ≈ 5–6.5 days at sea (at 18 and 14 knots).

Passages it crosses: Strait of Gibraltar and Strait of Dover.

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

  1. Sea$26.8 billion · 66.5%
  2. Air$13.5 billion · 33.5%

Mode estimated from value per kilo and geography; both directions together.

How much each matters to the other

The United Kingdom was Italy’s 9th largest trading partner (3% of its trade), and Italy was the United Kingdom’s 7th (4%).

The United Kingdom in Italy’s trade
3.3%
The United Kingdom’s rank among Italy’s partners
9th
Italy in the United Kingdom’s trade
3.6%
Italy’s rank among the United Kingdom’s partners
7th

Compare with

Sources and methodology

Sources and licenses

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.