Vola the Italian export of goods, which it will grow 10,3% this year e 5% in 2023, when "nearly 600 billion euros will be reached": this trend will allow Italy, the eighth exporting country in the world, to keep its market share on a global level, equal to 2,7%, almost unchanged. This is what emerges from Sace Export Report 2022presented today.
In detail, this year's increase is steep price factor rather than volume, which will mark a much more contained increase +2,6%. In 2023, tensions on costs should reduce and the trends linked to values and volumes will lead to growth of 5% and 4% respectively.
The uncertainties about the future
From the studio – which is now in its sixteenth edition and this year has the title “Caro Export. The global challenges and the value of being there” – it then emerges that thegeopolitical uncertainty,inflation andinterruption of supply chains “they will represent the main challenges that will make Italian exports more expensive”, which in any case confirms itself as a “growth driver” for our economy.
The resumption of services
Sace points out that in 2022 Italian exports of services they will finally find the road to recovery (+19,9%), almost returning at pre-Covid levels after last year's incomplete rebound. This result was mainly due to the , which represents 9,1% of the Italian GDP.
The recovery will continue also in 2023 with a growth of 9,8%, which will make it possible to exceed the levels of 2019. Furthermore, despite the increase in the prices of production processes along the entire supply chain, in 2022-2023 the positive trend will continue for the 'agribusiness.
Ricci, CEO of Sace: "Strengthening competitiveness"
"We have resources, tools and skills to face global challenges and keep the flag of Italian exports high in the world - commented the CEO of Sace, Alessandra Ricci – With an increasingly strategic approach, attention to new markets and thanks to all the insurance-financial support that our Group is able to offer, Italian companies can strengthen their competitiveness even in a complex moment like this".
The countries with the most opportunities for Italian exports
In the report, Sace underlines that, among the emerging economies, our companies will be able to seize various opportunities linked to the public investment plans of the United Arab Emirates,Saudi Arabia or the 'India, as well as the growing inclusion in the supply chains of national players in Mexico o Colombia. In Asia the market potential of China remain high, but also in Vietnam there are several outlets linked to the textile and leather processing industry up to the agri-food industry.