B2B

Bilateral trade in 2011 between Italy and Australia has reached an important milestone.

The balance of trade between Italy and Australia in 2011 ended with a net profit of Euro 1.874 billion registering a growth of 11.3% compared to 2010. The bilateral trade amounted to Euro 4.136 billion (a new record, for the first time exceeding 4 billion ), registering an increase of 16 % compared to 2010 and a +35 % compared to 2009.

Detailed analysis of trade relations between Australia and Italy.
In 2011, the value of Italian exports to Australia amounted to Euro 2.718 billion (a record ) , up 11.1 % compared to 2010, up 27.2 % compared to 2009. Growth also for imports with a total value of € 1.116 billion , up 32.2 % compared to 2010 and +63.5 % compared to 2009. 32% of Italian exports to Australia is made up of machinery (electrical and mechanical equipment , etc. ) , the other major sectors of importance are: food processing (11%) , transportation ( cars, motorcycles, tractors, etc. ; 9%) , pharmaceuticals (7%) , metal alloys and building materials ( 7%), textile and clothing (4% ) and decor ( 3%). In the area of ​​imports from Australia, predominating are fossil fuels (coal) with a share of 41% , followed by metals (15% ), wool (14%) , leather ( 6%), wheat (6%), agribusiness ( 4% excluding wheat ) and capital goods ( 4%). Italian exports to Australia in 2011, some of the data among the fastest growing item : pharmaceuticals ( +35.5 % compared to 2010 and + 64.3% compared to 2009) , transport equipment ( +30.8 % compared to 2010 and +53.2 % compared to 2009) , organic chemicals ( +24.3 % compared to 2010 and 39.8 % compared to 2009), iron and steel products ( 35.1 % compared to 2010). Italian Imports from Australia in 2011, some of the data between the items with higher growth : fossil fuels ( +16.8 % compared to 2010 and +105.5 % compared to 2009) , cast iron products , iron and steel (+ 249 % compared to 2010 ), wool ( +98.5 % compared to 2010 +139 % compared to 2009) , wheat ( +24.5 % compared to 2010), elements such as niobium, tantalum, vanadium and zirconium ( +100% compared to 2010 and +393 % compared to 2009) .