Growing exports for the Triveneto industrial districts in the second quarter of 2019. This is certified by the Monitor of the Intesa Sanpaolo Studies and Research Department.
After the negative trend recorded in the first quarter, in the three months April-June, exports from the Triveneto districts increased by 1,3% to 8,6 billion euros. “The exports of the districts monitored by Intesa Sanpaolo represent 39% of the total exports of agriculture and of the manufacturing industry of the Triveneto which in the same period, net of shipbuilding, recorded an increase slightly higher equal to +2,5, XNUMX%,” reads the report.
From the point of view geographical area, the districts of Trentino Alto Adige were the driving force behind the recovery in exports, which recorded a growth rate of 2,9%. Followed by those of Veneto (+1,1%) and those of Friuli Venezia Giulia, almost stable (+0,4%).
Speaking instead of the sectors, the contribution of agri-food was decisive (+2,7%), fashion (+2,0%) and engineering (+1,9%), while exports from the districts of the home system remain in negative territory (-1,4%).
In the second quarter, despite the trade war between the US and China, the Triveneto districts grew above all on the US market by 13% and in Canada by 9%. On the other hand, exports to distant emerging countries (-1,8%, especially China and Mexico) and neighboring countries (-4,2%), as well as Turkey, Poland and Russia, slowed down.
"With approximately 115 SME customers and approximately 100 supply chains employing 1.230 suppliers for a total turnover of 7,4 billion euros, our regional management supports the development and growth of the Triveneto region every day in Italy and in the world. – declared Renzo Simonato, regional director of Veneto, Friuli Venezia Giulia and Trentino Alto Adige – Intesa Sanpaolo is doing its part to promote internationalisation, also through the recent mission to China in which various agribusiness companies from the Veneto region participated, the dimensional growth and development of businesses also through entry into Elite which saw 15 companies from our area are involved and our basket bond program, which the first three companies from the Veneto region have already joined for a bond issue of 16 million euro. In addition to consultancy, we also provide credit, in fact in the first nine months we disbursed around 4,7 billion in the medium and long term to families and businesses in the Northeast.”
From a regional point of view, in the second quarter of the current year, Veneto's exports exceeded i 6,9 billion driven by the Eyewear of Belluno which recorded a brilliant increase (+11,3%), thanks to increases in the United States and Germany. It is the first district of the Triveneto to appear in the ranking of the top 10 Italian districts for the highest growth in exports in the second quarter of 2019 (in 5th place), followed by the Agricultural machinery of Padua and Vicenza (in 9th place), also the latter with double-digit growth (+15,2%).
The districts of Trentino Alto Adige in the months April-June they instead accelerated the pace of growth (+2,9%), reaching 1,2 billion euros of exports, thanks above all to the leap of Mechatronics in South Tyrol (+7%), of Apples of the Trentino (+169,2%) and Wood Furniture from Alto Adige (12,2%). The districts of Friuli Venezia Giulia on the other hand, they exported goods for 571 million euros, remaining almost stable (+0,4%9 compared to the same period of the previous year. In this context, wood and furniture from Pordenone (+10,3%) stands out positively , while and, on the other hand, Manzano chairs and tables recorded a sharp decline (-12,6%) caused by a decrease in sales in Russia and the United Kingdom.
Finally, between the technological poles of the Triveneto it should be noted 10,8% of the biomedical sector of Padua, +7,1% of the ICT pole of Trieste and +4,9% of the ICT pole of Veneto.
