October 2011
Italy
                         
BASIC INDICATORS
Population (thousands, 2010)  60 484 Rank in world trade, 2010 Exports Imports
GDP (million current US$, 2010) 2 051 412 Merchandise  8 8
GDP (million current PPP US$, 2010) 1 908 569 excluding intra-EU trade - -
Current account balance (million US$, 2010) - 67 526 Commercial services 12 9
Trade per capita (US$, 2008-2010)  19 202 excluding intra-EU trade - -
Trade to GDP ratio (2008-2010)   53.7
Annual percentage change
2010   2005-2010 2009 2010
Real GDP (2005=100)   98 0 -5 1
Exports of goods and services (volume, 2005=100)  a   86 -4 -19 ...
Imports of goods and services (volume, 2005=100)  a   90 -3 -15 ...
                         
TRADE POLICY
WTO accession 1 January 1995 Contribution to WTO budget (%, 2011) 3.741
Trade Policy Review 6, 8 July 2011 Import duties collected
GPA accession  1 January 1996 in total tax revenue ...
Tariffs and duty free imports to total imports ...
Tariff binding coverage (%)    100 Number of notifications to WTO and measures in force 
MFN tariffs Final bound Applied 2010 Outstanding notifications in WTO Central Registry   18
Simple average of import duties Goods RTAs - services EIAs notified to WTO 31 - 10
All goods   5.0   5.1 Anti-dumping (30 June 2010) 149
Agricultural goods (AOA)   12.3   12.8 Countervailing duties (30 June 2010) 8
Non-agricultural goods   3.9   4.0 Safeguards (22 October 2010)   0
Non ad-valorem duties (% total tariff lines)   4.8   4.7 Number of disputes (complainant - defendant) 
MFN duty free imports (%, 2009) Requests for consultation 85 - 70
in agricultural goods (AOA)   41.1 Original panel / Appellate Body (AB) reports 33 - 32
in non-agricultural goods   51.4 Compliance panel / AB reports (Article 21.5 DSU) 4 - 4
Services sectors with GATS commitments   115 Arbitration awards (Article 22.6 DSU) 4 - 3
                         
MERCHANDISE TRADE  Value Annual percentage change
2010   2005-2010 2009 2010
Merchandise exports, f.o.b. (million US$)  447 535 4 -25 10
Merchandise imports, c.i.f. (million US$)  483 814 5 -26 17
2010   2010
Share in world total exports    2.94 Share in world total imports  3.14
Breakdown in economy's total exports Breakdown in economy's total imports
  By main commodity group (ITS)   By main commodity group (ITS)
Agricultural products   8.6 Agricultural products 11.6
Fuels and mining products   7.3 Fuels and mining products 23.7
Manufactures   81.9 Manufactures 63.4
  By main destination   By main origin
1. European Union (27)   56.9 1. European Union (27)   54.8
2. United States   6.0 2. China   7.8
3. Switzerland   4.8 3. Russian Federation   3.6
4. China   2.5 4. Switzerland   3.2
5. Turkey   2.4 5. Libyan Arab Jamahiriya   3.2
                         
COMMERCIAL SERVICES TRADE  Value Annual percentage change
2010   2005-2010   2009 2010
Commercial services exports (million US$)  97 091   2 -18 3
Commercial services imports (million US$)  107 939   4 -16 1
2010   2010
Share in world total exports   2.63   Share in world total imports 3.07
Breakdown in economy's total exports Breakdown in economy's total imports
  By principal services item   By principal services item
Transportation   14.0   Transportation 22.7
Travel   39.9   Travel 25.1
Other commercial services   46.1   Other commercial services 52.1
                         
INDUSTRIAL PROPERTY 
Patent grants by patent office, 2009 Trademark registrations by office, 2009
Residents Non-residents  Total  Direct residents Direct non-residents Madrid  Total 
 16 319  1 958  18 277  54 091  2 285  4 723  61 099
                         
a  Refers to 2009 and to the average annual percentage change for 2005-2009.