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Annual data from Bureau of Economic Analysis (BEA) | Latest: 2024
In 2024, the United States exported $12.0B in services to Italy and imported $16.4B, running a $4.4B services deficit. Travel services accounted for the largest share of two-way services trade. Source: U.S. Bureau of Economic Analysis (BEA).
Services Exports
$12.0B
To Italy (2024, Annual)
Services Imports
$16.4B
From Italy (2024, Annual)
Services Trade Balance
-$4.4B
U.S. services deficit with Italy
| Service Type | Exports | Imports |
|---|---|---|
| Travel services | $3.8B | $10.6B |
| Transport services | $1.7B | $1.4B |
| Financial services | $2.0B | $777.0M |
| Other business services | $1.3B | $1.5B |
| Telecommunications, computer, and information services | $1.3B | $233.0M |
| Government goods and services n.i.e. | -- | $1.1B |
| Charges for the use of intellectual property n.i.e. | $878.0M |
| $247.0M |
| Personal, cultural, and recreational services | $508.0M | $306.0M |
| Insurance services | $203.0M | $168.0M |
| Maintenance and repair services n.i.e. | $207.0M | $54.0M |
| Construction services | -- | $19.0M |
-- No value published by BEA for this cell (withheld for confidentiality, or not published)
Travel services
$3.8B
$10.6B
Transport services
$1.7B
$1.4B
Financial services
$2.0B
$777.0M
Other business services
$1.3B
$1.5B
Telecommunications, computer, and information services
$1.3B
$233.0M
Government goods and services n.i.e.
--
$1.1B
Charges for the use of intellectual property n.i.e.
$878.0M
$247.0M
Personal, cultural, and recreational services
$508.0M
$306.0M
Insurance services
$203.0M
$168.0M
Maintenance and repair services n.i.e.
$207.0M
$54.0M
Construction services
--
$19.0M