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Sace Report: Italian exports growing in 2018 and beyond

In the latest forecast study presented by the Sace Simest hub, exports continue their growth trend even if they are slowing down. Investments in infrastructure are important, above all in the port and intermodal transport sector

Sace Report: Italian exports growing in 2018 and beyond

After the brilliant performance in 2017 (+ 7,4%), Italian exports will continue to advance in 2018 (+ 5,8%) and in the following three years 2019-2021 (+ 4,5% average annual), touching the 500 billions of euros already in 2019 and exceeding the 540 billion in the 2021. The export of services will also grow, which should reach 116 billions of euros over the forecast period.

This is the picture outlined by "Keep Calm & Made in Italy", the latest Export Report of the Sace Simest hub presented on Tuesday in Milan.

"The study, which includes the 2018-2021 forecasts on the trend of Italian exports by country and sector and provides insights into the global phenomena with the greatest impact - as specified in the press release released by Sace - presents a picture of vigilant optimism for our exporting companies and dedicates an in-depth analysis to the infrastructural sector, a key element for strengthening Italy's international projection”.

“The brilliant performance of Italian exports in 2017 is not an isolated success, but it is the confirmation of the strength of our exports, which since the 2008 crisis has been able to readapt, improve quality, increase specialization and move increasingly towards markets with greater potential – declared the president of Sace Beniamino Quintieri -. For 2018 we forecast a growth of 5,8% in Italian exports, a positive trend that will continue in the following three years at an average annual rate of 4,5%: a real 'national heritage', exports will continue to offer a decisive contribution to the growth of the country”.

“The uncertainty and volatility that characterize the markets in this historical moment are important, but we must get used to considering them as the new normal – explained in turn Roberta Marracino di Sace -. These are factors of complexity that must be tackled without falling into alarmism and without losing sight of the opportunities existing in foreign markets and the priorities for seizing them. Among these are investments in infrastructure, especially in the port, maritime and intermodal transport sectors, essential for an economy that bases more than 30% of its GDP on exports and which could allow us to recover 70 billion euros in exports every year"

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