In 2020 italy as the number 8 economy in the world in terms od GDP (Current US$) the nymber 7 in total exports, the number 10 in total impors , the number 31 economy in terms of GDP per capita (current US$) and the number 19 mmost complext economy according to the Economic Complexity Index (ECI)
The top exports of Italy are Packaged Medicaments ($26.7B) , Cars ($14,8B) , Vehicle parts ($12,5B) , refinded petroleum ($8.26B) and Blood,antisera,vaccines, toxins and culutures ($7.75B), exporting mostly to Germany ($62.1B), France ($59,5B), United states ($47.9B), Switzerland ($25,1B) and United Kingdom ($25B). In 2020 Italy was the world’s biggest exporter of Unglazed ceramics ($4,21B), Pasta ($3,55B) , Tanned Equine and Bovine Hides ($2,34B) , Processed Tomatoes ($2.14B) and Processed Tobacco ($1.78B)
The top imports of Italy are Crude Petroleum ($25,5B) , Cars ($22,5B) , Packaged medicaments ($18,7B) , Petroleum Gas ($10,6B) and Gold ($9.17B) , importing mostly from Germany ($67,3B), France ($36B), China ($25,9B) , Netherlands ($23,3B) and Spain ($22,8B). In 2020 Italy was the world biggest importer of electricity ($2.23B), Rolled Tobacco ($1,96B) Prepared wool or animal hair($246M), Hot rolled Stainless Steel bars ($217M) and non-retail combed wool yarn (S195M)
Italy borders with , Austriam France, San Marino, Slovenia and Switzerland by land and Albania, Algeria, Croatia, Greece, Libya, Malta, Montenegro, Spain and Tunisia by sea.
In general this is the import of Italy the 8th largest economy in the world in 2020 by GDP size and the 19th ranking in the world for the most complex economy according to the Economic Complexity Index. Shown in chart 1
If we go deeper the the product items imported by Italy in the last 5 years we can see that these products can be supplied by Indonesia Small Medium Business described in chart 2
INDONESIAN AND ITALY BILATERAL WITH TRADE
Indonesian Bilateral trade in 2020 can be describe below in chart 3.
In 2020, Indonesia exported $2.11B to Italy. The main products that Indonesia exported to Italy are Palm Oil ($689M), Stearic Acid ($167M), and Large Flat-Rolled Stainless Steel ($126M). During the last 25 years the exports of Indonesia to Italy have increased at an annualized rate of 2.88%, from $1.04B in 1995 to $2.11B in 2020.
In 2020, Indonesia did not export any services to Italy.
In 2020, Italy exported $1.23B to Indonesia . The main products that Italy exported to Indonesia were Washing and Bottling Machines ($106M), Acyclic Hydrocarbons ($85.6M), and Recovered Paper ($68.2M). During the last 25 years the exports of Italy to Indonesia have increased at an annualized rate of 1.6%, from $831M in 1995 to $1.23B in 2020.
In 2018, Italy exported services to Indonesia worth $141M, with Transportation ($44.4M), Travel ($29.1M), and Communications services ($27.4M) being the largest in terms of value.
Indonesia’s export to Italy in 2020 can be seen in the graphs totaling of $2.11 Billion shown in chart 4
In more detail, especially the products that may be exported by small and medium-sized businesses in Indonesia, in 2020 Indonesia’s export products to Italy are depicted in Chart 5 below
Italy itself imports various products made by small and medium-sized businesses from various countries, as illustrated in the following chart 6 :
By comparing Charts 5 and 6, business actors can also map out what products are imported by Italy but have not imported them from Indonesia.
∞Trade with remarkable Indonesia.∞
In more detail, especially the products that may be exported by small and medium-sized businesses in Indonesia, in 2020 Indonesia’s export products to Italy are depicted in Chart 1 below
Italy itself imports various products made by small and medium-sized businesses from various countries, as illustrated in the following chart 2 :
By comparing Charts 1 and 2, business actors can also map out what products are imported by Italy but have not imported them from Indonesia.
Here are the general information for candidate exporters to conduct export activities abroad. The information will be divided into sub-topics as follows: Export basic procedure, Export Financing, Export Readiness Assessment, Free, Trade Agreement, HS Code Search and Useful Contact
Please visit : http://djpen.kemendag.go.id/app_frontend/links/7-export-guide
And for some basic export guidance, please visit the link below
If you are Indonesian and want to export to Italy, you will need to check first with Indonesian National Single Window (INSW) which will inform Indonesian regulation and HS Code that you need.
If you are Indonesian looking for exporting to a country based on Free Trade Agreement (FTA) / Preferential Trade Agreement (PTA) / Comprehensive Economic Partnership (CEPA) you can find all the info at this link :
If you are looking on how to access to European market especially Italian markets you will need to check each countries requirement because it varies between each regions you export to
Please check the link below to find more info on product requirements per regions :
ITPC Milan always strives to improve trade cooperation and coordination between Italy and Indonesia, for the sake of sustainable business growth and development.
Furthermore, ITPC Milan is currently mapping and developing a Database of Indonesian Exporters, including companies that have been established and have the potential to export to the European Union, especially to Italy. Regarding this, we ask that you fill in and complete the company data along with product information on this TYPE FORM link
We will use the information in the database in various fashion promotions that we do, as well as contact information for us to correspond with the company.
Thank you for your attention and cooperation
To get info regarding Italian companies that conduct foreign trade, you can visit the Association of Italian foreign trade at this link
To receive more market information and potential buyer information, we ask that you fill in and complete the company data along with product information on this TYPE FORM link or send an email to email@example.com