Merchandise imports from low- and middle-income economies in Latin in Italy
Italy: Merchandise imports from low- and middle-income economies in Latin was 1.7% in 2023. ◆ Volatile
Merchandise imports from low- and middle-income economies in Latin in Italy, 1960–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise imports.
Analysis
The most recent figure for merchandise imports from low- and middle-income economies in latin in Italy is 1.7%, measured in 2023. That is the lowest value across all 64 years on record.
The figure is down 7.3% on the previous year and down 18.0% over ten years.
Over the whole period, merchandise imports from low- and middle-income economies in latin in Italy peaked at 7.5% in 1966 and was at its lowest, 1.7%, in 2023.
That places Italy 109th out of 206 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Merchandise imports from low- and middle-income economies in Latin in Italy, year by year
| Year | % of total merchandise imports | Change |
|---|---|---|
| 1960 | 5.8% | — |
| 1961 | 4.5% | -21.1% |
| 1962 | 5.2% | +13.8% |
| 1963 | 6.2% | +19.1% |
| 1964 | 7.2% | +16.5% |
| 1965 | 7.4% | +2.8% |
| 1966 | 7.5% | +1.3% |
| 1967 | 5.7% | -23.6% |
| 1968 | 5.2% | -8.8% |
| 1969 | 5.3% | +1.3% |
| 1970 | 4.8% | -8.2% |
| 1971 | 4.3% | -10.2% |
| 1972 | 3.9% | -10.2% |
| 1973 | 4.4% | +12.4% |
| 1974 | 3.5% | -20.9% |
| 1975 | 3.1% | -9.6% |
| 1976 | 2.9% | -8.8% |
| 1977 | 3.6% | +27.1% |
| 1978 | 3.0% | -16.7% |
| 1979 | 3.1% | +1.8% |
| 1980 | 2.8% | -9.9% |
| 1981 | 3.0% | +8.8% |
| 1982 | 3.6% | +20.4% |
| 1983 | 3.5% | -4.0% |
| 1984 | 3.4% | -4.0% |
| 1985 | 3.4% | +1.3% |
| 1986 | 2.5% | -26.4% |
| 1987 | 2.2% | -11.5% |
| 1988 | 2.4% | +8.7% |
| 1989 | 2.5% | +3.8% |
| 1990 | 2.2% | -12.2% |
| 1991 | 2.2% | +0.4% |
| 1992 | 2.1% | -3.1% |
| 1993 | 2.0% | -4.2% |
| 1994 | 2.2% | +7.3% |
| 1995 | 2.1% | -2.1% |
| 1996 | 2.0% | -6.4% |
| 1997 | 2.1% | +3.3% |
| 1998 | 2.0% | -1.7% |
| 1999 | 1.8% | -13.1% |
| 2000 | 1.9% | +6.4% |
| 2001 | 1.8% | -7.0% |
| 2002 | 1.8% | +0.5% |
| 2003 | 1.7% | -1.0% |
| 2004 | 1.8% | +6.1% |
| 2005 | 1.8% | -1.4% |
| 2006 | 1.8% | +1.0% |
| 2007 | 2.0% | +6.9% |
| 2008 | 2.0% | +3.8% |
| 2009 | 1.9% | -6.8% |
| 2010 | 2.0% | +5.5% |
| 2011 | 2.3% | +15.7% |
| 2012 | 2.1% | -11.5% |
| 2013 | 2.1% | +0.4% |
| 2014 | 2.2% | +7.5% |
| 2015 | 2.1% | -4.7% |
| 2016 | 2.1% | -2.3% |
| 2017 | 2.0% | -5.6% |
| 2018 | 1.8% | -5.3% |
| 2019 | 1.9% | +1.8% |
| 2020 | 2.0% | +6.7% |
| 2021 | 2.0% | -2.6% |
| 2022 | 1.8% | -6.5% |
| 2023 | 1.7% | -7.3% |
Italy compared with similar countries
- Italy's 1.7% is above the median for high income countries, which is 1.5%, 1.1× the median. (74 countries reporting)
- Italy's 1.7% is above the median for Europe & Central Asia, which is 1.2%, 1.4× the median. (53 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 6.0% | 4.5% | 7.5% | 10 |
| 1970s | 3.7% | 2.9% | 4.8% | 10 |
| 1980s | 2.9% | 2.2% | 3.6% | 10 |
| 1990s | 2.1% | 1.8% | 2.2% | 10 |
| 2000s | 1.9% | 1.7% | 2.0% | 10 |
| 2010s | 2.1% | 1.8% | 2.3% | 10 |
| 2020s | 1.9% | 1.7% | 2.0% | 4 |
Countries ranked near Italy
- 106 Marshall Islands 1.7% compare
- 107 Russian Federation 1.7% compare
- 108 Albania 1.7% compare
- 110 Bulgaria 1.6% compare
- 111 Timor-Leste 1.6% compare
- 112 Bosnia and Herzegovina 1.6% compare
More private sector data for Italy
- Merchandise trade 54.7% (2025)
- Food imports 11.2% (2024)
- Manufactures imports 66.1% (2024)
- Merchandise imports 668.67 billion current US$ (2025)
- Food exports 11.2% (2024)
- Manufactures exports 79.2% (2024)
- Merchandise exports 726.50 billion current US$ (2025)
- Merchandise exports (current US$), per capita 12,331 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.2847 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 7.87 % change on previous year (2025)
Frequently asked questions
- What is merchandise imports from low- and middle-income economies in latin in Italy?
- Merchandise imports from low- and middle-income economies in latin in Italy was 1.7% in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise imports from low- and middle-income economies in latin recorded in Italy?
- The highest recorded value was 7.5% in 1966.
- What is the lowest merchandise imports from low- and middle-income economies in latin recorded in Italy?
- The lowest recorded value was 1.7% in 2023.
- How does Italy rank for merchandise imports from low- and middle-income economies in latin?
- Italy ranks 109th out of 206 countries with data for 2023.
- Is merchandise imports from low- and middle-income economies in latin rising or falling in Italy?
- Over the last ten years it is down 18.0%. The long-run trend across the full record is volatile.
- Where does this Italy data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports). Statizoid updates them automatically from the source API.
Download this data
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About this data
Merchandise imports from low- and middle-income economies in Latin America and the Caribbean are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the Latin America and the Caribbean region according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise imports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.