France-Italy Bilateral Trade Analysis 2023
Complete trade statistics: $120.70B total volume •France deficit: $7.75B
France → Italy
$56.48B
Exports (2023)
Italy → France
$64.22B
Imports (2023)
Trade Balance
$7.75B
Deficit for France
Total Trade
$120.70B
Combined Volume
Trade Flow Visualization
Direct trade relationship between France and Italy. Green line shows exports from France, red line shows imports.
Detailed Product Trade Analysis
Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the France-Italy commercial relationship and competitive positioning in global markets.
France → Italy Exports
Export Market Intelligence
🎯 Strategic Export Focus
France's export portfolio to Italy demonstrates strong diversification across multiple sectors, with petroleum gases and other gaseous hydrocarbons: in gaseous state, natural gas representing a key competitive advantage in this bilateral market.
Italy → France Imports
Import Dependency Profile
📦 Import Strategy Analysis
France's import pattern from Italy reveals strategic sourcingin vehicles: compression-ignition internal combustion piston engine (diesel or semi-diesel), for transport of goods, (of a gvw not exceeding 5 tonnes), n.e.c. in item no 8704.1, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
France demonstrates competitive strength in exportingpetroleum gases and other gaseous hydrocarbons: in gaseous state, natural gas to Italy, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsstrongcomplementarity, with each country specializing in different sectors.
Growth Potential
The $120.70B trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: France-Italy Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $120.70 billionrepresenting a significant bilateral economic relationship
- Trade Balance: France maintains a deficit of $7.75 billion
- Export Focus: France's primary exports include petroleum gases and other gaseous hydrocarbons: in gaseous state, natural gas, electrical energy, cattle: live, other than pure-bred breeding animals
- Import Dependencies: Key imports from Italy include vehicles: compression-ignition internal combustion piston engine (diesel or semi-diesel), for transport of goods, (of a gvw not exceeding 5 tonnes), n.e.c. in item no 8704.1, cases and containers: handbags (whether or not with shoulder strap and including those without handle), with outer surface of leather or of composition leather, medicaments: consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale
Strategic Trade Indicators
📈 Market Position: This bilateral trade relationship represents one of the world's largest trade partnerships, with complementary economic strengths driving sustained commercial exchange.
Historical Trade Analysis & Economic Context
Trade Evolution Timeline
2019-2023: Recent Trends
Current trade volume of $120.70B represents the culmination of evolving bilateral commercial relationships, influenced by global supply chain shifts and changing economic priorities.
2015-2019: Growth Period
Sustained expansion in bilateral trade driven by complementary economic structures, with France leveraging its comparative advantages in petroleum gases and other gaseous hydrocarbons: in gaseous state, natural gas.
2010-2015: Foundation Building
Establishment of modern trade frameworks and reduction of barriers, facilitating increased commercial exchange and investment flows between the two economies.
Pre-2010: Early Development
Initial stages of bilateral trade relationship development, with focus on traditional export-import patterns and gradual market integration.
Key Economic Drivers
Comparative Advantage
France's specialization in petroleum gases and other gaseous hydrocarbons: in gaseous state, natural gascomplements Italy's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in vehicles: compression-ignition internal combustion piston engine (diesel or semi-diesel), for transport of goods, (of a gvw not exceeding 5 tonnes), n.e.c. in item no 8704.1.
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $120.70B bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $120.70B bilateral trade volume positions this relationship for continued growth, supported by technological advancement, evolving consumer preferences, and strengthening economic ties. Key opportunities lie in expanding cooperation in emerging sectors while managing potential supply chain vulnerabilities.
Economic Impact & Strategic Outlook
Economic Impact Assessment
Trade Volume Impact
The $120.70 billion bilateral trade volume represents a major economic driverfor both economies.
Industrial Integration
Trade flows in petroleum gases and other gaseous hydrocarbons: in gaseous state, natural gas and vehicles: compression-ignition internal combustion piston engine (diesel or semi-diesel), for transport of goods, (of a gvw not exceeding 5 tonnes), n.e.c. in item no 8704.1 demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
France's trade deficit of $7.75 billion impacts its overall economic position in this bilateral relationship.
Strategic Future Outlook
🚀Growth Opportunities
⚠️Risk Factors
🎯Strategic Recommendations
- Strengthen cooperation in high-value sectors beyond current trade patterns
- Develop alternative supply chains to reduce dependency risks
- Explore joint ventures in emerging technology sectors
- Enhance trade facilitation and reduce transaction costs
Market Position & Competitive Summary
The bilateral trade relationship between France and Italy represents a total trade volume of $120.70 billion in 2023. This partnership demonstrates an unfavorable trade balance for France, with imports exceeding exportsby $7.75 billion.
Export Strengths
France's exports to Italy total $56.48 billion, with competitive advantages in petroleum gases and other gaseous hydrocarbons: in gaseous state, natural gas, representing $7.63B or13.5% of bilateral exports.
Import Dependencies
Imports from Italy amount to $64.22 billion, highlighting economic interdependence in vehicles: compression-ignition internal combustion piston engine (diesel or semi-diesel), for transport of goods, (of a gvw not exceeding 5 tonnes), n.e.c. in item no 8704.1, with Vehicles: compression-ignition internal combustion piston engine (diesel or semi-diesel), for transport of goods, (of a gvw not exceeding 5 tonnes), n.e.c. in item no 8704.1 comprising1.8% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade deficit indicates France's strategic sourcing from Italy. This partnership is characterized by complementary trade flows, with each country specializing in different product categories based on their respective economic strengths, industrial capabilities, and position in global value chains.
Download Bilateral Trade Data
Access detailed trade data between France and Italy in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023