Italy have slipped to eighth place in the FIFA World Ranking, but will be among nine seeds for the World Cup qualifying draw.
The Azzurri had been in sixth position in June, but the Copa America has changed the situation even though there have been no European matches this month.
Uruguay won the trophy and have therefore leapfrogged into fifth place, going above Italy.
There is good news, though, as Cesare Prandelli's side are one of nine seeds for Saturday's World Cup qualifying draw.
The draw in Rio de Janeiro begins the run-up to the 2014 tournament in Brazil.
Other European top seeds are Spain, Holland, Germany, England, Portugal, Croatia, Norway and Greece.
The big surprise is that France have fallen into Pot 2, so could well end up in Italy's group.
Pot 1: Spain, Holland, Germany, England Portugal, Italy, Croatia, Norway, Greece
Pot 2: France, Montenegro, Russia, Sweden, Denmark, Slovenia, Turkey, Serbia, Slovakia
Pot 3: Switzerland, Israel, Republic of Ireland, Belgium, Czech Republic, Bosnia-Herzegovina, Belarus, Ukraine, Hungary
Pot 4: Bulgaria, Romania, Georgia, Lithuania, Albania, Scotland, Northern Ireland, Austria, Poland
Pot 5: Armenia, Finland, Estonia, Cyprus, Latvia, Moldova, Macedonia, Azerbaijan, Faroe Islands
Pot 6: Wales, Liechtenstein, Iceland, Kazakhstan, Luxembourg, Malta, Andorra, San Marino
Think you know your Italian football? Share your knowledge, tips and comments to win cash prizes in OLBG's tipster competition - £5,000 monthly.