A June the extra-EU trade surplus is equal to 2,2 billion euro. Istat notes this in the preliminary estimates published today, specifying however that, compared to the previous month, exports suffered a marked decline (-4,3%), while imports they grew to a lesser extent (+1,9%).
The flexion conjunctural of sales to non-EU countries is largely explained by the reduction in exports of capital goods (-10,8%). Only the sales of intermediate products are growing (+2,4%).
The cyclical growth of imports (+1,9%) affects all the main sectors with the exception of energy (-5,7%). Net of the energy component, imports grew by 6,1%. In particular, among non-energy products, intermediate products recorded a 9,6% cyclical growth.
The flexion tendential of exports (-2,8%) is particularly intense for durable consumer goods (-9,7%), energy (-5,6%) and capital goods (-4,4%). Imports recorded a tendential decrease of 1,2%, determined by the significant decrease in energy purchases (-21,0%). On the other hand, imports of non-energy products show a marked expansion (+11,2%).
In 'last quarter the economic trend of exports to non-EU countries is slightly positive (+0,3%). Sales of non-durable consumer goods (+1,7%) and capital goods (+0,9%) offset the decline in the other main groupings of goods.
In the same period, continues Istat, the cyclical growth of imports (+2,0%) is mainly attributable to the expansion of purchases of energy (+4,6%) and capital goods (+3,6%).
In first semester 2014, both trade flows show a downward trend, more marked for imports (-4,6%) than for exports (-2,2%). On the import side, net of the energy component, there is a positive trend rate (+4,1%).
Also in the first six months of the year, the balance with non-EU countries is equal to +9,4 billion, compared to +7,6 billion recorded in the same period of 2013. The surplus in the trade of products is reduced non-energy, which increased from +33,4 billion in 2013 to +30,2 billion in 2014.
