Italy vs Spain: Net trade in goods and services
Net trade in goods and services over time
- Italy
- Spain
How they compare
Spain currently reports 73.36 billion BoP, current US$ against 50.00 billion BoP, current US$ in Italy, a difference of 23.35 billion BoP, current US$.
That makes Spain's figure about 1.5 times Italy's.
The two have swapped places 7 times across 51 shared years of data; in 1975 it was Italy ahead.
Italy ranks 11th and Spain ranks 8th of 199 countries.
Across the 6 decades both report, Italy averaged higher in 5 and Spain in 1.
Head to head by decade
| Decade | Italy | Spain | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 1.80 billion BoP, current US$ | -2.22 billion BoP, current US$ | 4.01 billion BoP, current US$ | Italy |
| 1980s | -1.96 billion BoP, current US$ | -2.24 billion BoP, current US$ | 278.07 million BoP, current US$ | Italy |
| 1990s | 28.72 billion BoP, current US$ | -6.52 billion BoP, current US$ | 35.24 billion BoP, current US$ | Italy |
| 2000s | -926.49 million BoP, current US$ | -41.00 billion BoP, current US$ | 40.07 billion BoP, current US$ | Italy |
| 2010s | 34.97 billion BoP, current US$ | 32.53 billion BoP, current US$ | 2.44 billion BoP, current US$ | Italy |
| 2020s | 36.06 billion BoP, current US$ | 42.30 billion BoP, current US$ | 6.23 billion BoP, current US$ | Spain |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net trade in goods and services, Italy or Spain?
- Spain, at 73.36 billion BoP, current US$ against 50.00 billion BoP, current US$ in Italy as of 2025.
- What is the difference in net trade in goods and services between Italy and Spain?
- 23.35 billion BoP, current US$, with Spain ahead.
- How many years of comparable data are there for Italy and Spain?
- 51 years are reported by both, from 1975 to 2025.
- How do Italy and Spain rank globally for net trade in goods and services?
- Italy ranks 11th and Spain ranks 8th of 199 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Net trade in goods and services (BoP, current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.