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motor vehicles, clothing, footwear, ceramics Industrial production growth rate: 0.7% (2004 est.) Electricity - production: 261.6 billion kWh (2002) Electricity - production by source: fossil fuel: 78.6% hydro: 18.4% nuclear: 0% other: 3% (2001) Electricity - consumption: 293.9 billion kWh (2002) Electricity - exports: 900 million kWh (2002) Electricity - imports: 51.5 billion kWh (2002) Oil - production: 79,460 bbl/day (2001 est.) Oil - consumption: 1.866 million bbl/day (2001 est.) Oil - exports: 456,600 bbl/day (2001) Oil - imports: 2.158 million bbl/day (2001) Oil - proved reserves: 586.6 million bbl (1 January 2002) Natural gas - production: 15.49 billion cu m (2001 est.) Natural gas - consumption: 71.18 billion cu m (2001 est.) Natural gas - exports: 61 million cu m (2001 est.) Natural gas - imports: 54.78 billion cu m (2001 est.) Natural gas - proved reserves: 209.7 billion cu m (1 January 2002) Current account balance: $-21.1 billion (2004 est.) Exports: $336.4 billion f.o.b. (2004 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 13.6%, France 12.3%, US 8%, Spain 7.2%, UK 6.9%, Switzerland 4.2% (2004) Imports: $329.3 billion f.o.b. (2004 est.) Imports - commodities: engineering products, chemicals, transport equipment, energy products, minerals and nonferrous metals, textiles and clothing; food, beverages and tobacco Imports - partners: Germany 18%, France 10.9%, Netherlands 5.9%, Spain 4.6%, Belgium 4.4%, UK 4.3%, China 4.2% (2004) Reserves of foreign exchange and gold: $61.5 billion (2004 est.) Debt - external: $913.9 billion (2004 est.) Economic aid - donor: ODA, $1 billion (2002 est.) Currency (code): euro (EUR) note: on 1 January 1999, the European Monetary Union introduced the euro as a common currency to be used by financial institutions of member countries; on 1 January 2002, the euro became the sole currency for everyday transactions within the member countries Currency code: EUR Exchange rates: euros per US dollar - 0.8054 (2004), 0.886 (2003), 1.0626 (2002), 1.1175 (2001), 1.0854 (2000) Fiscal year: calendar year Communications Italy
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