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Country sheet · Q2 2026 · Aug 2025–Jul 2026

Italy: where its funding comes from and where its goods go, each figure at its own period. The full board columns are on money-flow, the full trade network on trade-flow; this sheet keeps the join.

Stress signals · Q2 2026

0/6Firing: none: Both channels (J5)All seven signals for this economy →

Funding

Q2 2026
28rank 30 of 36
+9.2% a year, bank and bond funding
60%°A2, net reserves
+15%
02040200520082011201420172020202320260204020052008201120142017202020232026
(line) with the economy’s own shaded. Below, the : above zero funding comes in, below zero it leaves.

France329 · 53%
Spain68.2 · 11%
Luxembourg33.7 · 5%
UK22.9 · 4%
Netherlands21.1 · 3%
Sources

The five largest by loans and deposits on this economy, Q2 2026, residence basis. Offshore centres hold intragroup funding.

Open Italy in money-flow → A1, A3, reserves by month, the external balance sheet and every board column are there.

Sources

money-flow method 1.4 as of Q2 2026; the release is in the footer. Calculations: datasteg. ° shown, not scored.

Trade

Aug 2025–Jul 2026
747USD bnExports y/y +10.8%
704USD bnImports y/y +11.7%
0.05concentration of destinations
02004006008002006200920122015201820212024
Tangerine exports, grey imports, USD bn, . The line stops where fewer than 90% of the economy’s usual flows are .

Where its goods go

Germany86.9 · 12% · +13%
United States ≠74.5 · 10% · −6%
France spliced65.5 · 9% · +13%
Switzerland48.4 · 7% · +45%
UK ≠37.4 · 5% · +9%

Where its imports come from

Germany103 · 15% · +12%
China71.9 · 10% · +11%
France57.7 · 8% · +16%
Netherlands46.9 · 7% · +14%
United States44.2 · 6% · +33%

USD bn · share · y/y. where the importer has not filed. ≠ the two reports of this flow diverge from their usual ratio ().

· Aug 2025–Jul 2026

Top exports · 747 USD bn
HS chapterValueSharey/yNet
84 Machinery & computers*11915.9%+8%+54.5
30 Pharmaceuticals*77.110.3%+8%+37.1
87 Vehicles & parts*49.76.7%+9%−17.3
71 Gold, gems & jewellery*48.96.5%+62%+17.9
85 Electronics & electrical*47.36.3%+10%−9.9
Other40554.2%
Top imports · 704 USD bn
HS chapterValueSharey/yNet
27 Mineral fuels & oil71.610.2%+5%−49.7
87 Vehicles & parts67.19.5%+12%−17.3
84 Machinery & computers64.49.1%+14%+54.5
85 Electronics & electrical57.28.1%+16%−9.9
29 Organic chemicals40.35.7%−1%−28.6
Other40357.3%

Five largest per side over the 12-month window, US dollars. Share of the economy’s total exports or imports; y/y against the window a year earlier. Net is exports minus imports of the same chapter. * estimates are 10% or more of the row.

· 2024

ChainStageTop exporterIts import shareIts supplier
Solar photovoltaicsSolar modules0.36China 57% · Vietnam 13% · Thailand 7%2.5%Netherlands 25%
Chips and electronicsSmartphones0.44China 65% · Vietnam 8% · India 8%2.4%China 49%
Cotton and polyester to clothingWoven and knitted fabric0.29China 53% · Türkiye 5% · Taiwan 5%2.4%China 32%
Rare earths, magnets and motorsPermanent magnets of metal (NdFeB, SmCo)0.42China 64% · Japan 9% · Philippines 6%2.0%China 76%
Steel and carsIron ore (fines, lump, pellets)0.33Australia 52% · Brazil 24% · Canada 4%0.2%Brazil 34%
AluminiumBauxite0.51Guinea 68% · Australia 19% · Brazil 3%0.1%GUY 32%
Lithium-ion batteries and electric carsLithium hydroxide0.61China 77% · Chile 10% · United States 7%0.1%Germany 54%

Chain stages worth over $1bn where one exporter group holds most of world trade ( above 0.25: a ). This economy’s share of world imports of the stage and its top supplier; each row opens the chain on trade-flow with this economy in focus.

Open Italy in trade-flow → The explorer with this economy in focus: every partner, every product window and the events that touched it.

Sources

Importer-reported where filed, partner-reported or estimated otherwise (marked), to Aug 2025–Jul 2026. Calculations: datasteg.

Replay a past withdrawal

What the economy’s worst past quarter of would mean on today’s stock: a calculation.

Q4 2008−2.5%of the stock, in one quarter
On today’s stock−41.3 bnstock 1,650 bn
Against net reserves10%

Open the scenario

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Goods, bank, portfolio and direct investment for one pair: the page only this site can draw.