Wheat — Terms of trade in Italy

Italy: Wheat — Terms of trade was 112.16 % in 2024. ▲ Rising

Latest (2024)
112.16 %
Change on year
up 26.8%
World rank
23rd
of 80 countries
All-time high
131.45 %
in 2019
All-time low
86.13 %
in 2017
Years of data
15
2010–2024

Wheat — Terms of trade in Italy, 2010–2024

0501001502010201720242010: 90.1 %2011: 90.2 %2012: 86.7 %2013: 87.5 %2014: 96.8 %2015: 114.5 %2016: 86.8 %2017: 86.1 %2018: 100.2 %2019: 131.4 %2020: 111.8 %2021: 98.5 %2022: 107.6 %2023: 88.5 %2024: 112.2 %

Source: Food and Agriculture Organization of the United Nations. Measured in %.

Analysis

Italy recorded 112.16 % for wheat — terms of trade in 2024.

That represents a change of up 26.8% on the previous year and up 15.9% over ten years.

Over the whole period, wheat — terms of trade in Italy peaked at 131.45 % in 2019 and was at its lowest, 86.13 %, in 2017.

Italy ranks 23rd of 80 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 15 years of available data.

Wheat — Terms of trade in Italy, year by year

Annual values for Wheat — Terms of trade in Italy, 2010 to 2024.
Year % Change
2010 90.06 %
2011 90.24 % +0.2%
2012 86.73 % -3.9%
2013 87.55 % +0.9%
2014 96.78 % +10.5%
2015 114.47 % +18.3%
2016 86.77 % -24.2%
2017 86.13 % -0.7%
2018 100.15 % +16.3%
2019 131.45 % +31.3%
2020 111.78 % -15.0%
2021 98.5 % -11.9%
2022 107.61 % +9.2%
2023 88.47 % -17.8%
2024 112.16 % +26.8%

Averages by decade

DecadeAverage LowestHighest Years
2010s 97.03 % 86.13 % 131.45 % 10
2020s 103.7 % 88.47 % 112.16 % 5

Countries ranked near Italy

  1. 20 North Macedonia 113.15 % compare
  2. 21 Austria 112.83 % compare
  3. 22 Czechia 112.56 % compare
  4. 24 New Zealand 111.69 % compare
  5. 25 Guatemala 110.54 % compare
  6. 26 Canada 110.53 % compare

See the full ranking of 86 places →

More agriculture & rural data for Italy

All data for Italy →

Frequently asked questions

What is wheat — terms of trade in Italy?
Wheat — terms of trade in Italy was 112.16 % in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest wheat — terms of trade recorded in Italy?
The highest recorded value was 131.45 % in 2019.
What is the lowest wheat — terms of trade recorded in Italy?
The lowest recorded value was 86.13 % in 2017.
How does Italy rank for wheat — terms of trade?
Italy ranks 23rd out of 80 countries with data for 2024.
Is wheat — terms of trade rising or falling in Italy?
Over the last ten years it is up 15.9%. The long-run trend across the full record is rising.
Where does this Italy data come from?
The figures come from Food and Agriculture Organization of the United Nations, published as part of Wheat — Terms of trade. Statizoid updates them automatically from the source API.

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Wheat — Terms of trade in Italy. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 22 August 2026, from https://agriculture.statizoid.com/stat/wheat-terms-of-trade/italy/

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About this data

Indicator
Wheat — Terms of trade
Unit
%
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
86 places, 1,204 data points, 2010–2024
Last refreshed

The food and agricultural trade indicators dataset is based on trade, production and gross domestic product (GDP) data. Agri-food trade data are collected, processed and disseminated by FAO according to the standard International Merchandise Trade Statistics (IMTS) Methodology. The data is mainly provided by UNSD, Eurostat, and other national authorities as needed. The source data is checked for outliers, trade partner data is used for non-reporting countries or missing cells, and data on food aid is added to take total cross-border trade flows into account. The trade database includes the following variables: export quantity, export value, import quantity, and import value. It includes all food and agricultural products imported/exported annually by all countries in the world. Production data details are available at https://www.fao.org/faostat/en/#data/QCL and GDP data details are available at https://www.fao.org/faostat/en/#data/MK