Exporter Rank

54 / 146

Importer Rank

47 / 145

Trade Balance Rank

132 / 145

Total Trade [1]

Total Exports (2016) $29,992,101,470
Total Imports (2016) $47,090,683,586
Trade Balance (2016) ($17,098,582,116)
Exports of goods and services (% of GDP) (2017) [2] 24.03%
Imports of goods and services (% of GDP) (2017) [2] 36.34%

Trade Partners [1]

Export Partners

Top 10 Export Countries

Country Export USD$
Italy $5,208,346,000
Spain $3,879,164,211
United States $3,866,104,442
France $3,424,138,889
Brazil $1,616,165,310
Netherlands $1,470,836,701
Turkey $1,344,187,409
Canada $1,300,743,241
United Kingdom $1,061,292,522
Belgium $987,319,127

Import Partners

Top 10 Import Countries

Country Import USD$
China $8,409,854,958
France $4,773,926,390
Italy $4,645,652,697
Spain $3,566,098,160
Germany $3,024,539,114
United States $2,317,414,036
Turkey $1,935,230,607
Argentina $1,334,976,414
Brazil $1,209,131,627
South Korea $1,091,889,240

Traded Goods [1] (at the 2-digit HS Code level)

Top 10 Export Goods

HS Code Export USD$
(27) Oil & Mineral Fuels $28,585,808,907
(31) Fertilizers $447,564,191
(28) Inorganic Chemicals $347,657,312
(17) Sugar & Confectionery $233,922,895
(29) Organic Chemicals $79,844,294
(25) Natural Minerals & Stone $72,489,791
(08) Fruit & Nuts $37,807,009
(85) Electrical Machinery $29,399,483
(84) Industrial Machinery $22,188,948
(70) Glass & Glassware $16,796,102

Top 10 Import Goods

HS Code Import USD$
(84) Industrial Machinery $8,281,327,419
(85) Electrical Machinery $4,543,938,058
(87) Motor Vehicles & Parts $3,487,296,612
(73) Iron & Steel Articles $3,198,780,791
(10) Cereals $2,783,056,651
(72) Iron & Steel $2,247,368,827
(39) Plastics $2,175,305,265
(30) Pharmaceuticals $2,022,699,503
(27) Oil & Mineral Fuels $1,562,882,086
(04) Dairy Products $985,281,444

Sources:

  1. UN Comtrade (2016) except where stated otherwise.
  2. The World Bank. Accessed: 6/29/2018
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