Italy's trade deficit with non-EU countries worsens in July. The red, according to the latest Istat data, has reached 315 million, against the 232 million recorded in the same period last year. Exports have grown compared to the previous month by 2,3%, while imports fell by 0,4%. In the May-July quarter, exports rose by 2,1% compared to the February-April period, while imports fell by 3,2%.
The trend increase in exports concerns all the main sectors, with above-average rates for energy (+18,3%), capital goods (+10,3%) and non-durable consumer goods (+8,9, 19,4%). Again in July, energy imports also recorded an above-average increase (+11,2%). A sharp drop in imports is the one marked by durable consumer goods (-XNUMX%).
According to Istat, the best markets for Italian exports are Russia (+21,8%), Switzerland (+13,6%), Turkey (+12,8%) and Japan. Imports from Russia (+70,2%), India (+23,6%), Turkey (+20,4%), EDA countries (+16,2%) and ASEAN countries (+ 13,6%). On the other hand, imports from Japan (-24,4%), Switzerland (-9,6%) and Opec countries (-6,9%) collapsed.
