Export and Made in Italy: capital goods up 17,4%

As reported in a note from the Ministry of Economic Development, the increase in Italian sales of goods outside Europe on an annual basis is close to 14%: in particular, the export of capital goods registers an excellent +17,4%. In turn, imports also increased significantly in May, compared to the same period of 2016, and here too the capital goods component provided an above-average contribution (+31,7%). In addition to the overall trend data, theIstat recorded remarkable performances in many priority markets for Italian exports, with China, Russia and the USA in the lead. A strong acceleration of trade with Asia can also be seen on the purchasing front: imports from Japan have more than doubled in the last year and the same figure for India and Turkey exceeds 35%. In both cases, the contribution of capital goods, as well as the energy component, is significant, with good repercussions on the road to recovery, in a context where the trend figure referring to the turnover of industry has grown by 6% on foreign markets in the last 12 months.