Good news for theItalian export. THE'Istat estimate that in May trade with non-EU27 countries recorded a cyclical increase for the exports (+4,7%) and a slight decrease for the imports (-0,8%). The increase on a monthly basis in exports concerned all the main groupings of industries, with the exception of non-durable consumer goods (-0,9%), and was determined in particular by higher sales of capital goods (+7,6 %) and intermediate (+7,0%). On the import side, the cyclical decrease is mainly due to the decrease in energy purchases (-3,2%). Purchases of capital goods also decreased (-2,8%) while imports of consumer durables (+11,6%), non-durables (+2,4%) and intermediate goods increased with varying intensities (+0,7%).
The numbers of Italian exports on an annual basis
On an annual basis, exports grew by 26,2%. The increase, spread to all groupings, is particularly marked for i energy goods (+116,2%). THE cheap imports show a more intense trend growth (+ 67,9%), also widespread in all groupings and very high due to theenergy (+182,0%). In this regard, the trade deficit with non-EU countries is now equal to 637 million, compared to a surplus of 4.783 million in the same month of 2021.
The energy deficit is triple compared to May 2021
Il energy deficit (-8.686 million) it is much larger than a year ago (-2.914 million), but the surplus in the trade of non-energy products, amounting to 8.049 million, is up compared to the same period (7.697 million).
Target markets
As regards the target markets, last May there were increases on an annual basis in exports to most of the main non-EU27 partner countries, Turkey (+58,4%), OPEC countries (+42,8%) and the USA (+42,5%) stand out. 9,5%). Sales to Russia (-9,1%) and China (-141,6%) are still down. At the same time, purchases from Russia (+94,8%) and OPEC countries (+XNUMX%) recorded trend increases much larger than the average.
The numbers of the first four months of the year
In the broader perspective of first four months of the year, Sace stresses how exports to EU countries confirmed strong growth (+22,7%) supported by increases in Spain (+27,6%), Belgium (+26,9%) and Austria (+24,9%). Significant increases were also reported for France (+17,7%) and Germany (+17,1%), our top two commercial partners. In particular, between January and April the sales of means of transport reported a good tendential increase in Japan (+16,9%), while they decreased in Germany (-2,9%) and Austria (-3,7%) . The export of rubber and plastic products recorded large increases towards Tokyo (+31,6%) and Vienna (+23,2%), against a below-average increase in Berlin (+14,4%) . Leather goods grew markedly in Japan (+23,5%) and Germany (+17,8%); however, the increase was rather limited in Austria (+3,4%).
