al gas - exports:

68 million cu m (2007 est.)

Natural gas - imports:

73.95 billion cu m (2007 est.)

Natural gas - proved reserves:

94.15 billion cu m (1 January 2008 est.)

Current account balance:

-$51.03 billion (2007 est.)

Exports:

$502.4 billion f.o.b. (2007 est.)

Exports - commodities:

engineering products, textiles and clothing, production machinery,
motor vehicles, transport equipment, chemicals; food, beverages and
tobacco; minerals, and nonferrous metals

Exports - partners:

Germany 12.9%, France 11.4%, Spain 7.4%, US 6.8%, UK 5.8% (2007)

Imports:

$498.1 billion f.o.b. (2007 est.)

Imports - commodities:

engineering products, chemicals, transport equipment, energy
products, minerals and nonferrous metals, textiles and clothing;
food, beverages, and tobacco

Imports - partners:

Germany 16.9%, France 9%, China 5.9%, Netherlands 5.5%, Belgium
4.3%, Spain 4.2% (2007)

Economic aid - donor:

ODA, $3.641 billion (2006)

Reserves of foreign exchange and gold:

$94.33 billion (31 December 2007 est.)

Debt - external:

$996.3 billion (31 December 2007)

Stock of direct foreign investment - at home:

$364.8 billion (2007 est.)

Stock of direct foreign investment - abroad:

$520.1 billion (2007 est.)

Market value of publicly traded shares:

$798.2 billion (2005)

Currency (code):

euro (EUR)

Currency code:

EUR

Exchange rates:

euros (EUR) per US dollar - 0.7345 (2007), 0.7964 (2006), 0.8041
(2005), 0.8054 (2004), 0.886 (2003)

Communications
Italy

Telephones - main lines in use:

26.89 million (2006)

Telephones - mobile cellular:

78.571 million (2006)

Telephone system:

general assessment: modern, well developed, fast; fully automated
telephone, telex, and data services
domestic: high-capacity cable and microwave radio relay trunks
international: country code - 39; a series of submarine cables
provide links to Asia, Middle East, Europe, North Africa, and US;
satellite earth stations - 3 Intelsat (with a total of 5 antennas -
3 for Atlantic Ocean and 2 for Indian Ocean), 1 Inmarsat (Atlantic
Ocean region), and NA Eutelsat

Radio broadcast stations:

AM about 100, FM about 4,600, shortwave 9 (1998)

Radios:

50.5 million (1997)

Television broadcast stations:

358 (plus 4,728 repeaters) (1995)

Televisions:

30.3 million (1997)

Internet country code:

.it

I