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Italy — Market Overview

Europe>Italy

🇮🇹 Italy

Italy's market is usually shaped by a mix of bank sensitivity, domestic rates, sovereign-spread psychology, and the resilience of export-oriented industrial and luxury franchises. The key read is whether domestic funding conditions stay stable enough for banks and consumers while externally exposed champions keep delivering cash flow despite a slower European cycle.

Mapa regional

Datos clave

Italy de un vistazo

Capital

Rome

Currency

Euro (€)

Primary exchange

Euronext Milan

Central bank

European Central Bank

Region

Europe

Time zone

Europe/Rome

Fuente: ISTAT,

Country dashboard

Por qué importa este mercado

This version combines a stylized country map with a switchable macro explorer built from official published history, using OECD primary datasets where available and World Bank annual series where coverage is otherwise incomplete.

Explorador macro

Cambia de variable sin perder el contexto del país

These country charts now use official OECD quarterly and monthly history where the feed is actually published, with government debt added from the World Bank when a stable public series exists. Variables without dependable republishable coverage are left out instead of being interpolated, so each page shows fewer lines only when the source coverage is genuinely thinner.

GDP

Nominal GDP shown as bars.

EUR 1,6 BEUR 1,8 BEUR 2 BEUR 2,2 BEUR 2,4 B2010201120122013201420152016201720182019202020212022202320242025
Haz clic en un año para ampliar desde ese punto.

Variables disponibles

GDP

EUR 2,3 B
Tendencia 1A+2.5%
Crecimiento medio+2.3%

Qué señala esto

This view isolates nominal GDP, which is useful for seeing the economy's absolute scale instead of a growth rate or ratio.

Comercio y posición externa

Exportaciones, servicios y balanza externa

En lugar de un muro genérico de tarjetas macro, esta sección se centra en cómo el país capta demanda del exterior, dónde está su ventaja comercial y cómo evoluciona la balanza externa.

Comercio total Italy€1,6 B
Bienes
Servicios
Bienes
Servicios
Exportación€828,7 mil M
€784,2 mil MImportación
Balanza externa2024
Exportaciones +€828,7 mil M
Importaciones -€784,2 mil M
Saldo+€44,5 mil M
€828,7 mil M
Total exports

The full export figure, combining goods and services in one line. It is the cleanest way to read how much external demand Italy is capturing across both physical products and higher-value intangible flows.

€673,5 mil M
Goods exports

This is the merchandise side of exports: industrial supplies, capital goods, autos, food, and other physical products. It matters because it reflects the health of manufacturing, energy, aerospace, and the broader global industrial cycle.

€155,2 mil M
Services exports

This is the intangible side: finance, travel, licensing, business services, and IP-linked flows. It matters because it shows where Italy is strongest in higher-margin, knowledge-intensive, and branded service activities.

Composición del comercio

Qué exporta el país

Socios comerciales

Dónde comercia el país

Enfoque en materias primas

Exposición a materias primas

Goods share of exports81.3%

Goods made up 81.3% of total exports in 2024, leaving services at 18.7%.

Goods share of imports79.2%

Goods made up 79.2% of total imports in 2024, leaving services at 20.8%.

Largest export goods bucketManufactures 80.2%

This was the biggest WTO merchandise export group for Italy in 2024.

Largest import goods bucketManufactures 67.0%

This was the biggest WTO merchandise import group for Italy in 2024.

Merchandise balance$52.1B

Goods exports minus goods imports in 2024. A surplus here shows whether merchandise trade supports or drags on the overall external balance.

Qué vigilar

Marco de lectura

01

bank earnings sensitivity

Italy should first be read through bank earnings sensitivity. When this regime shifts, local multiples and sector leadership usually shift with it.

02

sovereign-spread discipline

The key read is whether domestic funding conditions stay stable enough for banks and consumers while externally exposed champions keep delivering cash flow despite a slower European cycle. That makes sovereign-spread discipline one of the most important signals for revising the country narrative.

03

export franchise resilience

The final layer is export franchise resilience, because it determines whether the macro backdrop turns into sustainable earnings support for the FTSE MIB.

Otros países

Continúa por Europe

Cada tarjeta abre la misma plantilla de país con su propio mapa, variables macro intercambiables y vista de referencia. Es la primera red enlazada de páginas de país de la región.