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Istat: trade flows and trend data

The data published by Istat during the month of November place the accent on a trend increase in exports in the second quarter, growth of both flows in the last month, energy vulnerabilities and a collapse in the purchase of durable goods.

Istat: trade flows and trend data

From what was published on the ISTAT website, a September compared to the previous month, there was a decrease for both trade flows, more intense for imports (-4,2%) than for exports (-2,0%). Above all, the sales of capital goods (-4,5%) and energy products (-2,3%) decreased, while durable consumer goods recorded an increase of 1,0%. The contraction in purchases of capital goods was particularly marked (-9,7%). Although a tendential decline was recorded for both flows in value, -4,2% for exports and -10,6% for imports, in the third quarter of 2012 a growth trend was noted for exports (+2,2%), while imports are reduced (-6,4%). In the same period, the overall balance, supported by the large surplus in the trade of non-energy products, is positive and equal to 4,1 billion.

Ad October, however, one was registered growth for both trade flows, +0,7% for exports and +1,1% for imports. L'cyclical increase in exports it concerns energy (+6,2%) and capital goods (+3,4%), while consumer goods and intermediate products seem to be decreasing (respectively, -1,9% and -1,3%). On an annual basis, exports show a significant increase (+17,2%). There more modest growth in imports (+2,3%), on the other hand, is mainly due to the energy sector (+7,8%), while durable consumer goods (-6,4%) recorded a sharp decline. Last October the trade balance with non-EU countries recorded a surplus of 1,5 billion euros, a clear improvement compared to the same month of 2011 (-657 million). The surplus in the trade of non-energy products improves, going from 4,4 to 6,7 billion, where the markets most interested in Italian exports are OPEC (+39,3%), Japan (+31,6% ), ASEAN (+30,3%), EDA (+23,1%), Russia (+22,0%) and USA (+19,4%). If sales to China (-10,1%) confirm the negative trend, purchases of goods from OPEC (+19,4%), Turkey (+19,0%), Switzerland (+15,2%), United States (+13,3%) and Russia (+4,8%) show strong expansion. The flows of goods from MERCOSUR countries (-21,5%) instead recorded a clear decrease, as did the sales of durable consumer goods (-7,8%) and intermediate products (-1,3%).

La import growth (+1,1%) involves all the main sectors, where above-average rates are recorded for energy (+36,1%) and capital goods (+17,7%), fueling the trend growth of imports (+2,3%). On the other hand, purchases of durable consumer goods (-6,4%), intermediate products (-4,5%) and capital goods (-1,3%) decreased.

During the same month of October a growth rate well above the average for total exports to: OPEC countries (+39,3%), Japan (+31,6%), ASEAN countries (+30,3%), EDA countries (+23,1%), Russia (+22,0, 19,4%) and USA (+19,4%). From the point of view of imports, OPEC countries (+19,0%), Turkey (+15,2%), Switzerland (+13,3%), USA (+4,8%) and Russia dominated (+21,5%). Those from MERCOSUR countries (-17,0%), Japan (-14,3%), China (-7,2%) and India (-XNUMX%) recorded a marked decrease. THE positive balances larger are seen in the USA (1.267 million), Switzerland (1.143 million) and EDA countries (632 million), while the deficit it worsened against China (-1.245 million), OPEC countries (-1.128 million) and Russia (-708 million).

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