Imports to Italy slipped 5.9 percent from a year earlier to EUR 35.30 billion in November 2019, 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%). Imports in Italy averaged 23902.55 EUR Million from 1991 until 2019, reaching an all time high of 40173.09 EUR Million in October of 2018 and a record low of 5285.80 EUR Million in August of 1992. source: National Institute of Statistics (ISTAT)
Imports in Italy is expected to be 38020.00 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 34500.00 in 12 months time. In the long-term, the Italy Imports is projected to trend around 37500.00 EUR Million in 2020, according to our econometric models.