China / Italy

Overview In February 2024, China exported $3.13B and imported $1.82B from Italy, resulting in a positive trade balance of $1.31B. Between February 2023 and February 2024 the exports of China have increased by $522M (20%) from $2.61B to $3.13B, while imports decreased by $-336M (-15.6%) from $2.16B to $1.82B.

Trade In February 2024, the top exports of China to Italy were Telephones ($225M), Trunks and Cases ($115M), Electric Batteries ($112M), Electrical Transformers ($110M), and Semiconductor Devices ($99.9M). In February 2024 the top imports of China from Italy were Trunks and Cases ($228M), Packaged Medicaments ($179M), Cars ($86.1M), Leather Footwear ($81.5M), and Refined Petroleum ($68.8M).

Origins In February 2024 the exports of China were mainly from Guangdong Province ($743M), Zhejiang Province ($539M), Jiangsu Province ($410M), Shanghai Province ($263M), and Shandong Province ($223M), while imports destinations were mainly Shanghai Province ($911M), Guangdong Province ($177M), Beijing ($162M), Jiangsu Province ($139M), and Zhejiang Province ($120M).

Growth In February 2024, the increase in China's year-by-year exports to Italy was explained primarily by an increase in product exports in Semiconductor Devices ($70.8M or 243%), Cars ($62.3M or 283%), and Electric Batteries ($45.3M or 68.3%). In February 2024, the decrease in China's year-by-year imports  from Italy was explained primarily by an decrease in product imports  in Jewellery ($-100M or -64.4%), Trunks and Cases ($-58.6M or -20.5%), and Gas Turbines ($-46.6M or -86.8%).