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Italy Trade Surplus Widens in November
Italy's trade surplus rose to EUR 6.77 billion in November of 2020 from EUR 5.20 billion in the corresponding month of the previous year. Exports rose 1.1% from a year earlier to EUR 40.93 billion, boosted by sales of basic metals and metal products, excluding machinery and plants ( 15.3%), motor vehicles (26.9%), food, beverages and tobacco (5.7%), chemicals and substances (6.2%), machinery and equipment (2.1%) and electrical appliances (6.5%). Sales to the Euro Area accounted for 40.9% of total exports and were up 0.9 percent, mainly shipments to Germany (8.6%) and Belgium (5%). Meanwhile, imports declined 3.2% to EUR 34.16 billion, on lower acquisitions of chemicals (-3.1%); textile and clothing products, leathers and accessories (-13.2%) and food, beverages & tobacco (-5.2%). Imports from the Euro Area accounted for 47.1% of total purchases and decreased 1.6%, mainly from Spain (-10.9%).
Published on 2021-01-19

Italy Trade Surplus Narrows in October
Italy's trade surplus narrowed to EUR 7.56 billion in October 2020 from EUR 8.37 billion in the corresponding month of the previous year. Exports tumbled 8.4 percent from a year earlier to EUR 42.40 billion due to lower sales of energy (-56.3 percent); capital goods (-8 percent); intermediate goods (-5 percent) and nondurable consumer goods (-8.8 percent). Sales to the Euro Area accounted for 51.1 percent of total exports and were down 7.2 percent, mainly shipments to France (-10 percent). Meantime, imports declined at a softer 8.2 percent to EUR 34.84 billion, dragged down by lower purchases of consumer goods (-5.9 percent) and capital goods (-9.3 percent). On the other hand, imports rose for intermediate goods (+1.9 percent). Imports from the Euro Area decreased 5.1 percent. Considering the first nine months of the year, exports slipped 12 percent and imports tumbled 14.8 percent due to the coronavirus crisis.
Published on 2020-12-15

Italy Trade Surplus Widens More than Expected
Italy's trade surplus widened to EUR 5.849 billion in September of 2020 from EUR 2.686 billion a year earlier, well above market expectations of EUR 3.343 billion. Exports rose 2.1 percent to EUR 40.135 billion led by consumer goods (+3.6 percent); capital goods (6.4 percent) and intermediate goods (0.9 percent). Sales to the Euro Area accounted for 50.7 percent of total exports and were up 1.4 percent, mainly shipments to Germany (6 percent) and France (2.3 percent). Meantime, imports slipped 6.4 percent to EUR 34.286 billion, mainly due to capital goods (-5.8 percent) and consumer non-durable goods (-1.8 percent). Imports from the Euro Area went down 1.9 percent. Considering the first nine months of the year, exports went down 11.6 percent and imports 15.3 percent due to the coronavirus crisis.
Published on 2020-11-17

Italy Trade Surplus Rises in August
Italy trade surplus widened to EUR 3.928 billion in August of 2020 from EUR 2.598 billion a year earlier. Exports went down 7 percent to EUR 27.72 billion although sales of consumer goods saw a rebound (+1.2 percent) as the global economy reopened. Meanwhile, imports continue to shrink at double digits (-12.6 percent to EUR 23.79 billion), with purchases of energy (-40.6 percent) and capital goods (-19.8 percent) recording the biggest drops. Sales to the Euro Area accounted for 40 percent of total exports and were down 3.5 percent, mainly shipments to Germany (-1.7 percent) while sales increased to France (1.7 percent) and the Netherlands (1.2 percent). Imports from the Euro Area went down 10.4 percent. Considering the first eight months of the year, exports went down 13.3 percent and imports 16.4 percent due to the coronavirus crisis.
Published on 2020-10-16

Italy Trade Surplus Widens More than Expected
Italy’s trade surplus rose to EUR 9.694 billion in July of 2020 from EUR 7.617 billion in the corresponding month of the previous year and above market expectations of a EUR 7.661 billion surplus. Exports fell 7.3 percent from a year earlier to EUR 42.177 billion, mainly due to consumer goods (-3.8 percent), particularly durables (-4.1 percent) and non-durables (-3.8 percent); capital goods (-5.4 percent) and intermediate goods (-9.8 percent). Exports declined to Germany (-5.3 percent); France (-6.1 percent); the US (-5.4 percent) and the UK (-9.5 percent). Meantime, imports slid at a faster 14.2 percent to EUR 32.484 billion, mainly due to intermediate goods (-14.5 percent); capital goods (-15.6 percent) and energy (-43.7 percent). Imports went down from Germany (-14.5 percent); France (-15.6 percent); the Netherlands (-4.3 percent) and Spain (-9.2 percent) while those from China rose 3 percent.
Published on 2020-09-17

Italy Trade Surplus Widens in June
Italy’s trade surplus rose to EUR 6.232 billion in June of 2020 from EUR 5.701 billion in the corresponding month of the previous year. Exports fell 12.1 percent from a year earlier to EUR 35.857 billion, mainly due to consumer goods (-9 percent), particularly durables (-5 percent) and non-durables (-9.8 percent); capital goods (-12.6 percent) and intermediate goods (-10.4 percent). Exports declined to Germany (-2.9 percent); France (-9.7 percent); the US (-22.4 percent) and the UK (-11.2 percent). Meantime, imports slid at a faster 15.6 percent to EUR 29.624 billion, mainly due to intermediate goods (-10.9 percent); capital goods (-20.9 percent) and energy (-53.9 percent). Imports went down from Germany (-18.5 percent); France (-19.4 percent); the Netherlands (-7.6 percent) and Spain (-11.1 percent) while those from China rose 24.3 percent.
Published on 2020-08-07

Italy Trade Surplus Widens in May
Italy’s trade surplus rose to EUR 5.584 billion in May of 2020 from EUR 5.385 billion in the corresponding month of the previous year. Exports fell 30.4 percent from a year earlier to EUR 30.507 billion, mainly due to consumer goods (-26.2 percent), particularly durables (-41.9 percent) and non-durables (-22.8 percent); capital goods (-33.8 percent) and intermediate goods (-28.4 percent). Exports declined to Germany (-23 percent); France (-33.8 percent); the US (-26.8 percent) and the UK (-35.5 percent). Meantime, imports slid at a faster 35.2 percent to EUR 24.923 billion, mainly due to intermediate goods (-28.8 percent); capital goods (-41.4 percent) and non-durable consumer goods (-19.4 percent). Imports went down from Germany (-36.5 percent); France (-39 percent); the Netherlands (-26.5 percent) and Spain (-35.3 percent) while those from China rose 4 percent.
Published on 2020-07-16

Italy Trade Balance Swings to Deficit in April
Italy posted a trade gap of EUR 1.157 billion in April of 2020 compared to a EUR 2.851 billion surplus in the corresponding month of the previous year, and against market expectations of a EUR 2.779 billion surplus. It was the first trade deficit since January of 2018, as the coronavirus outbreak disrupted global trade. Exports tumbled 41.6 percent to EUR 22.44 billion, its lowest level since August of 2010, as sales fell to EU countries (-39.4 percent) and to non-EU countries (-44 percent). Meantime, imports slid at a softer 33.7 percent to EUR 23.597 billion, its lowest level since August of 2015, dragged by purchases from both EU countries (-34.6 percent) and non-EU countries (-32.5 percent).
Published on 2020-06-18

Italy Trade Surplus Widens in March
Italy’s trade surplus rose to EUR 5.69 billion in March of 2020 from EUR 4.58 billion in the same month of the previous year. Exports tumbled 13.5 percent from a year earlier to EUR 35.94 billion, amid lower shipments of machinery & equipment (-21.2 percent); basic metals & metal products (-12.1 percent) and textile, clothing, leather and accessories (-27.3 percent). Meantime, imports slid at a faster 18.1 percent to EUR 30.25 billion amid disruptions caused by Covid-19 pandemic. Lower acquisitions were recorded primarily for chemicals (-8.2 percent); transport equipment (-31.7 percent) and basic metals and metal products (-21.6 percent). With EU countries, Italy recorded a trade surplus of EUR 0.603 billion, compared to a EUR 0.121 billion gap a year earlier. Considering the first quarter of 2020, the country’s trade surplus widened to EUR 12.32 billion from EUR 8.14 billion in the same period of 2019.
Published on 2020-05-14

Italy Trade Surplus Widens Sharply in February
Italy's trade surplus rose significantly to EUR 6.08 billion in February of 2020 from EUR 3.24 billion in the same month of the previous year. Exports surged 7 percent to EUR 40.098 billion, boosted by shipments of transport equipment (10.5 percent), namely vehicles (4.9 percent); pharmaceutical, chemical & botanical articles (41.2 percent); machinery & equipment (0.4 percent) and chemicals (5.1 percent). Meanwhile, imports decreased 0.7 percent to EUR 34.013 billion, amid disruptions caused by Covid-19 pandemic. Lower acquisitions were recorded primarily for basic metals & metal products (-6 percent); electronic products (-2 percent) and pharmaceutical, chemical & botanical articles (-3.5 percent).
Published on 2020-04-17

Italy Trade Surplus Widens Less Than Expected
Italy's trade surplus rose to EUR 0.542 billion in January 2020 from EUR 0.325 billion in the same month of the previous year but well below market expectations of a EUR 2.813 billion surplus. Exports rose 2.3 percent from a year earlier to EUR 36.553 billion, boosted by higher sales of textile, clothing, leather and accessories (3.3 percent); basic metals & metal products (0.8 percent) and transport equipment (9.6 percent). Meantime, imports wet up at a softer 1.7 percent to EUR 36.012 billion, amid higher purchases of transport equipment (6.4 percent); chemicals (6.2 percent) and textile, clothing, leather and accessories (3 percent). With EU countries, Italy's trade surplus narrowed to EUR 0.830 billion from EUR 0.911 billion in January 2019.
Published on 2020-03-18

Italy Trade Surplus Widens More than Expected
Italy's trade surplus widened to EUR 5.013 billion in December 2019 from EUR 2.786 billion in the same month of the previous year and beating market expectations of a EUR 4.946 billion surplus. Exports rose 4.2 percent over a year earlier to EUR 37.406 billion, boosted by higher sales of pharmaceutical, chemical and botanical articles (23.9%); food, drinks & tobacco (10.4%); leather articles (15.9%); and clothing (13.7%). Imports fell 2.2 percent to EUR 32.393 billion, mainly due to lower purchases of mining products (-14.9%), namely natural gas (-31.5%); textiles (-5.7%); wood, paper & printing (-7.7%); pharmaceutical, chemical and botanical articles (-4.4%); transport equipment (-1.8%); and basic metals & metal products (-0.8%). With EU countries, Italy's trade gap narrowed to EUR 0.748 billion from EUR 1.319 billion in December 2018. Considering full 2019, the country’s trade surplus increased to EUR 52.940 million from EUR 39.280 million in 2018.
Published on 2020-02-14

Italy Trade Surplus Widens in November
Italy's trade surplus increased to EUR 4.872 billion in November 2019 from EUR 3.975 billion in the corresponding month of the previous year but missing market estimates of a EUR 6.106 billion surplus. Imports slipped 5.9% from a year earlier to EUR 35.30 billion, mainly dragged by lower purchases of transport equipment (-0.2%), namely vehicles (-2.6%); basic metals & metal products (-11.2%); chemicals (-4.7%); machinery & equipment (-1.1%) and electronic products (-5.1%). Exports fell at a softer 3.2% to EUR 40.17 billion, amid lower sales of machinery & equipment (-5.5%); transport equipment (-14.4%), with vehicles showing no growth and other transport equipment falling 23.7%; basic metals & metal products (-5.1%); chemicals (-5.2%); rubber & plastics (-5.2%); coke & petroleum products (-11.1%) and electronic products (-11.5%). With EU countries, Italy's trade surplus was barely unchanged at EUR 0.70 billion, with both exports and imports decreasing 2.7 percent, respectively.
Published on 2020-01-17

Italy Trade Surplus Hits All-Time High in October
Italy's trade surplus increased to EUR 8.057 billion in October 2019 from EUR 3.828 billion in the corresponding month of the previous year and beating market estimates of a a EUR 4.966 billion surplus. It was the widest monthly trade surplus since at least January 1991, as exports posted their highest ever monthly figure, boosted by transport equipment. Imports slipped, mainly due to lower purchases of basic metals & metal products, vehicles and chemicals.
Published on 2019-12-17

Italy Trade Surplus Widens Less than Expected
Italy’s trade surplus widened to EUR 2.779 billion in September 2019 from EUR 1.219 billion in the corresponding month of the previous year, but below market expectations of a EUR 2.892 billion surplus. Exports rose 6.2 percent over a year earlier to EUR 39.386 billion and imports increased at a softer 2.1 percent to EUR 36.607 billion. Considering the third quarter as a whole, the country recorded a EUR 12.995 billion trade surplus, compared to a EUR 9.513 surplus in the same period of 2018.
Published on 2019-11-15

Italy Trade Surplus Widens Less than Expected
Italy’s trade surplus rose to EUR 2.585 billion in August 2019 from EUR 2.491 billion in the same month a year ago, missing market expectations of EUR 4.732 billion. Exports fell 3.4 percent to EUR 29.790 billion while imports dropped at a faster 4.1 percent to EUR 27.204 billion. Both, exports and imports declined to its lowest since August of 2017.
Published on 2019-10-17

Italy Posts Biggest Trade Surplus in 3 Years
Italy's trade surplus widened to EUR 7.631 billion in July 2019 from EUR 5.659 billion in the same month a year ago and beating market expectations of a EUR 4.71 billion surplus. This is the largest trade surplus since July 2016, as exports hit their highest ever monthly figure, boosted by shipments of pharmaceuticals and botanical articles. Imports grew much slower, as higher purchases of basic metals and transport equipment were partly offset by lower acquisitions of chemicals and refined petroleum products.
Published on 2019-09-18

Italy Posts Widest Trade Surplus since 2017
Italy's trade surplus rose sharply to EUR 5.728 billion in June 2019 from EUR 5.174 billion in the same month of the previous year and beating market expectations of a EUR 4.23 billion surplus. It was the largest trade surplus since July 2017, as imports fell 5.5 percent and exports decreased at a softer 3.5 percent.
Published on 2019-08-09

Italy Trade Surplus Widens in May
Italy’s trade surplus widened to EUR 5.347 billion in May 2019 from EUR 3.366 in the same month of the previous year and beating market expectations of a EUR 2.91 billion surplus. Exports jumped 8 percent from a year earlier and imports rose at a softer 3.4 percent.
Published on 2019-07-16

Italy Trade Surplus Shrinks in April
The trade surplus in Italy narrowed to EUR 2.885 billion in April of 2019 from EUR 2.985 billion in the corresponding month of the previous year and well bellow market expectations of a EUR 4.55 billion surplus. Exports climbed 5.8 percent from a year earlier but imports advanced at a faster 6.7 percent.
Published on 2019-06-19