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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 |
| Personal travel services | $2.8B | $9.9B |
| Other personal travel services | $2.4B | $9.0B |
| Transport services | $1.7B | $1.4B |
| Financial services | $2.0B | $777.0M |
| Other business services | $1.3B | $1.5B |
| Explicitly charged and other financial services | $2.0B | $758.0M |
| Air transport services | $1.5B | $1.0B |
| Air passenger services | $1.2B | $612.0M |
| Business travel services | $963.0M | $668.0M |
| Other business travel services | $933.0M | $654.0M |
| Telecommunications, computer, and information services | $1.3B | $233.0M |
-- Data suppressed by BEA for confidentiality (D)
Travel services
$3.8B
$10.6B
Personal travel services
$2.8B
$9.9B
Other personal travel services
$2.4B
$9.0B
Transport services
$1.7B
$1.4B
Financial services
$2.0B
$777.0M
Other business services
$1.3B
$1.5B
Explicitly charged and other financial services
$2.0B
$758.0M
Air transport services
$1.5B
$1.0B
Air passenger services
$1.2B
$612.0M
Business travel services
$963.0M
$668.0M
Other business travel services
$933.0M
$654.0M
Telecommunications, computer, and information services
$1.3B
$233.0M