Imports to Italy jumped 6.7 percent from a year earlier to EUR 35.536 billion in April, mainly due to bigger purchases of transport equipment (3.6 percent); basic metals and metal products (5.4 percent); chemicals (6.7 percent); machinery and equipment (2.8 percent); food, beverages and tobacco (4.8 percent) and textiles, clothing and footwear (5.8 percent). Imports went up mainly from Germany (7 percent); France (5.3 percent); China (17.6 percent); the Netherlands (6.9 percent); Spain (10.5 percent); Belgium (7.1 percent) and Russia (18.7 percent). By contrast, imports fell from OPEC countries (-7.8 percent); the United States (-4 percent) and the United Kingdom (-10 percent). Imports in Italy averaged 23658.02 EUR Million from 1991 until 2019, reaching an all time high of 39938.06 EUR Million in October of 2018 and a record low of 5285.80 EUR Million in August of 1992.
Imports in Italy is expected to be 37400.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Imports in Italy to stand at 40020.00 in 12 months time. In the long-term, the Italy Imports is projected to trend around 40500.00 EUR Million in 2020, according to our econometric models.