Italy's trade surplus widened to EUR 6.84 billion in December of 2020 from EUR 5.06 billion in the corresponding month of the previous year. Exports rose 3.3 percent while imports fell 1.7 percent. In 2020, the country's trade surplus advanced to EUR 63.58 billion from EUR 56.12 billion the year earlier. source: National Institute of Statistics (ISTAT)
Balance of Trade in Italy averaged 1194.20 EUR Million from 1991 until 2020, reaching an all time high of 9689.39 EUR Million in July of 2020 and a record low of -6389.31 EUR Million in January of 2011. This page provides the latest reported value for - Italy Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Italy Balance of Trade - data, historical chart, forecasts and calendar of releases - was last updated on February of 2021.
Balance of Trade in Italy is expected to be 5400.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Italy to stand at 3900.00 in 12 months time. In the long-term, the Italy Balance of Trade is projected to trend around 3900.00 EUR Million in 2022 and 4900.00 EUR Million in 2023, according to our econometric models.