Argentina: exports restart with the fight against bureaucratic limitations
The recipe for reducing the deficit and healing the economy cannot ignore the reform of foreign trade policy to adapt to international standards
Latin America: new frontier for nearshoring and free trade? Mexico stands out and trade between the US and China declines
Mexico has overtaken China as the United States' largest trading partner, while the EU has finalized the agreement with Chile on trade and investment liberalization
Red Sea and Panama Canal: how much the two crises weigh on world trade. Alan Wolff (ex WTO) speaks
Interview with Alan Wolff, visiting fellow at the Peterson Institute for International Economics in Washington and former top manager of the WTO: "Trade between the US and the EU will continue to grow, accelerated by the geopolitical rivalry between the United States and China" - And…
The Red Sea crisis "is at high risk for everyone" but "let's not forget Panama": shipowner Paolo D'Amico speaks
Interview with Paolo D'Amico, president of the Navigation Company of the same name: “Looking at the profits of my company I can't complain, but this is not the way I like to earn” – “Don't ask me for predictions, we live in a climate of war , the…
Red Sea: Italy aligned with France and Germany for an EU "defensive" naval mission. The use of force is foreseen
The proposal discussed today at the Foreign Affairs Council. Tajani: "We are in the direction of common European defense." Also on the table is a commitment to a two-state solution
Gioia Tauro: record number of containers and new jobs but the environmental dispute with the EU remains open. When will the emissions stop come?
2023 of great satisfaction for the port of Gioia Tauro, which however must resolve the environmental dispute with Brussels
Guide for food policy: the handbook of the Turin municipal administration
Turin launches the Guide for conscious food. A program and the municipal statute against waste for collective and sustainable education
Strike on Friday 22 December: trade, tourism and catering stop in view of Christmas
From bars to supermarkets, from hotels to restaurants and shops: around five million workers in the tertiary and tourism sectors are going on strike to demand contract renewal. Here are the details
Italian export to Taiwan: the trump card of Made in Italy is added value
Despite geopolitical tensions, Tapei is a mature and competitive market, sensitive to foreign trends and tastes. The attention paid to the brand, its values and storytelling is notable
The Italian export supply chains: over 70% of the added value is Made in Italy. Sace's analysis
71% of Italian exports consist of added value actually produced in Italy, much of which in the manufacturing sectors. This is what emerges from the "Sasso nel Pond" analysis developed by the Sace Research Office
Serbia, the economy is slowing down but Made in Italy is growing (+15%) and Italy is the third commercial partner
Italy confirms itself among Belgrade's main commercial partners: mechanics (+9,9%) and textiles-clothing (+26,7%) are the leading sectors
The USA and China are increasingly distant: thus Mexico returns to being Washington's first partner
In the first half of 2023, trade between the US and Beijing fell to a 20-year low, and the Asian giant was overtaken by the Latin American country and also by Canada. Here are the data and prospects for…
Drought, the Panama Canal is dry: times and costs alarm for maritime transport
An unprecedented dry season in the Central American country is severely slowing down the transit of the artificial channel through which most of the food and drink from South America to Europe passes. Fears for inflation and also for the supply of goods in…
Ports, Shipping and Logistics: Italy's import-export by sea has grown by 66% in 10 years according to the Srm Report
The forecasts for global maritime trade are also positive, which will increase by 1,8% in 2023, and then grow again by 3,1% in 2024. The Srm 2023 Report linked to Intesa Sanpaolo
International trade has stopped: imports are affected by low demand, exports are slowing down
Despite improvements in supply-side economic conditions, international demand weakened and international trade in goods stalled. The latest analysis by Ref Ricerche explains why
Italian ports: 2022 traffic growing with 61 million passengers and +1,9% of goods handled
The Italian port system, which has shown greater resilience than other competitor areas, confirms its multi-purpose vocation - The study by Assoporti and SRM (Intesa Sanpaolo)
Modest exports in January (+0,2%), more needs to be done
Pharmaceuticals, Chemistry and Botany are the fastest growing sectors in exports
PBO: Italian GDP at 0,6% in 2023 and 1,4% in 2024. Inflation slows down, but purchasing power collapses
The Parliamentary Budget Office updates the estimates on the Italian economy in 2023-24: trade, consumption and investments slow down, employment rises
Sales 2023: from Lombardy to Sicily, when do they start? The calendar Region by Region and advice to avoid scams
The 2023 sales are just a few days away. Start, duration, discount percentage, anti-fraud advice. Here's everything you need to know before you start shopping
Black Friday 2022: we will spend 3,3 billion, 8 out of 10 Italians ready to buy, we are already thinking about Christmas
Many Italians will take advantage of Black Friday to buy Christmas gifts, but the budget drops due to high energy costs and inflation
Trade by sea: still growing in 2022 and 2023. In Italy +42% compared to 2021
In the EU, Italy is in second place, after Germany, for the production of added value in maritime transport (16%). The weight of the ports of the South is significant. The analysis of the Centro Studi di Intesa
Sace report: Italy's exports in 2022 will record a 10,3% boom thanks to inflation
Next year, exports are expected to reach 600 billion euros, but there is no shortage of uncertainty about the future, especially due to risks to supply chains
World GDP 2022: war, Covid and inflation, growth only in the Middle East and emerging Asia
According to Atradius Economic Outlook, global GDP to fall to 3,1% - Advanced economies to slow to 2,7%, while emerging economies to halve growth to 3,5%
Made in Italy hats and caps: in the first quarter, exports soar to 84,3 million (+42% on 2021)
The Made in Italy hat sector is in a strong recovery thanks above all to the cap sector, growing by 105,5% on 2020. Straw hats are also recovering
Turin-France, trade exchanges are flying: in 2021 +23,5% imports and +16,4% exports for Unione Industriali Torino
In the last two years, commercial relations between Piedmontese and French companies have increased significantly according to data from the Industrial Union of Turin
Free trade is at risk, we are in an era of disorder. The five challenges to win to relaunch it
We are entering a new phase of world disorder, the third since the war. How to support free trade in such a context? The opinion of the Financial Times
Summer sales 2022: from Lazio to Veneto, here's when they start and when they end. Shopping online or in stores?
Only a few days left until the 2022 summer sales start, weeks of discounts on a wide range of products. Here's everything you need to know to get ready for shopping
Italian exports grow in May, but the energy deficit explodes: it is three times as much as a year ago
On an annual basis, Italian sales increase both in the EU (+22,7%) and non-EU (+26,2%) markets, but the energy deficit rises from -2,914 to -8,686 billion
Goodbye globalization? For the Financial Times the anti-globalizers fall into 7 huge mistakes: here are which ones
According to the famous Financial Times columnist, Martin Wolf, whose commentary we report in the Italian version, globalization is not dead at all but it is changing: here's how
Extra-EU exports: energy is king, sales +37% and purchases +14,6%
The energy deficit goes from 2.901 million to 8.862 million. Good sales in the USA and Opec countries (+19,0%), Turkey (+14,7%), UK (+13,6%) and Switzerland (+11,2%)
Wars, duties and sanctions: a Ca' Foscari model to predict their impacts on world trade
A study by Cà Foscari published in the Journal of Business and Economic Statistics contains a predictive model that relates the effects of sanctions, duties and conflicts on global trade
Commerce: in a climate of uncertainty, cosmetics and fashion can help Italian exports
Positive signals come from Made in Italy cosmetics, jewelery and eyewear, while the first effects were felt in February by the trade deficit and energy deficit
Does trade promote peace and freedom? For Krugman it can be a double-edged sword
The Nobel Prize winner in economics, Paul Krugman, wondered if trade really leads to peace and freedom. "Not always, indeed it is a principle that can be a deadly boomerang"
Society and Finance in Padua at the advent of Venetian domination from 1405 to 1509: review
The theme of the volume is a history of credit and finance between the end of the 300s and the beginning of the 500s conducted on the archive of the Paduan family Lion
Export Italy: extra-EU sales are good in January (+10,1%), but energy weighs on the trade deficit
In January, Italy's exports outside the EU were driven by capital goods (+12,1%), consumer durables (+7,3%) and intermediate goods (+4,9%)
Italian companies in Russia: sanctions reduce a turnover of 13 billion, with repercussions on our country
The sanctions will cause hundreds of Italian companies in Russia to drop in turnover which will have repercussions on the economy of our country, also in terms of employment
Clean sea: the green fuel agreement is underway
Irena and International chamber of shipping sign an agreement to accelerate the use of green fuels. The agreement can make an important contribution to the decarbonisation of maritime transport
Global trade recovers: +5,4% in 2022 and +4% in 2023
Euler Hermes expects production shortages and supply bottlenecks to overcome from Q2022 XNUMX – Inventories have reached pre-crisis levels, while shipping and port congestions will ease
International trade: the Covid impact will be lasting
The pandemic has hit international trade hard as it has accelerated illicit trade in many regions of the world. Philip Morris: "We need more cooperation between the public and private sectors"
Eurasian Forum: cancel sanctions on Moscow
The XIV Eurasian Economic Forum concluded with a pressing invitation to the EU: it is time to cancel the European sanctions on Moscow. Entrepreneurs, politicians of the two sides gathered in Verona. Interchange nodes and damages for Italy -…
Brenner, the Austrian bans on trucks are against EU law
A legal report presented by Unioncamere, Uniontrasporti, and the German association BGL contests the Tyrol ordinance, which imposes a stop to the night transit of heavy vehicles, decided for environmental reasons: "But the air quality does not improve"
Summer sales 2021, when do they start? Here are all the dates
The 2021 summer sales are about to begin - Bargains on all types of products, but beware of rip-offs - Here are the dates Region by Region and the advice of consumer associations
Brenner Tunnel, 5,8% of GDP is at stake
A report by Unioncamere takes stock of a strategic work at the heart of the PNRR and the Green New Deal. Work in Italy is at an advanced stage, but Austria is slowing down. When fully operational, rail freight transport will more than double.…
Brexit: free trade with the EU is safe
The agreement between London and Brussels allows goods to be exchanged without duties or quantitative constraints: in 2019, the UK exported 43% of goods to the EU and Italy recorded the third largest trade surplus (12 billion). Restrictions on the other hand…
Made in Italy: exports resist thanks to China and Germany
Despite the pandemic, Made in Italy recorded a 2,3% growth in January, with positive performances in China, Poland and Germany of metal goods, electrical appliances and pharmaceuticals
Suez: the disaster will not end with the unblocking of the Canal
The times for the reopening of the Canal are getting longer and there are now more than 300 ships queuing in the Red Sea - But to return to normal it will not be enough to remove the stranded vessel
Suez, the tanker blocks the Canal: an investigation is open
Tugs and excavators are at work, but it will still take days to get the ship back to sea and reopen the passage - Meanwhile, the transit has partially resumed through the historic canal, the one from 1869
Covid and trade in crisis: Generali launches new proposals
To support the recovery of Italian commercial activities, Generali Italia has launched "Attiva Commercio", a product that offers unprecedented solutions to the world of small merchants.
Coup in Myanmar: what are the economic relations with Italy
A military coup prevented the formation of the new government led by San Suu Kyi - Here are the trade implications for our country
World trade: Covid less serious than the 2009 crisis
According to an analysis by Focus Bnl, the fall in world trade in 2020 was significant (-9,2%), but "definitely more contained than that recorded in 2009" after the outbreak of the global crisis
Covid effect: 390 thousand trade companies disappeared
In 2020, according to Confcommercio estimates, due to Covid and the collapse in consumption, 390 thousand businesses closed permanently, 240 thousand of which due to the emergency - Travel agencies, bars and restaurants and transport suffer - President Sangalli:…
E-commerce: +15,5% among trade companies
Unioncamere data show that many trade companies have organized themselves in response to Covid: there are 3.600 more from April to October.
Trade, Asia: historic agreement between 15 countries
The "Regional Comprehensive Economic Partnership" (RCEP), the largest trading bloc in the world, is born - It includes, among others, China, Japan and South Korea - India is largely absent - In addition to the economic consequences, the alliance has a huge…
EU-Vietnam: free trade agreement with zero duties for 65% of goods
In the period 2010-19, trade between the EU and Vietnam increased from 12,7 billion to 45,5 billion, with economic growth in Hanoi forecast at +2,3% this year and +8% in 2021. However, for ASEAN countries the 2021 rebound will be…
Franchising up 4,4%, a turnover of 26 billion
In the last ten years, the affiliation sector in Italy has grown at an average of +2% per year, in a context in which e-commerce represents 16,1% of global retail sales, up by 19%. China remains the main…
Commerce, will the Bersani decrees retire after the pandemic?
Will the post-Coronavirus and the development of e-commerce put the liberalization of retail stores introduced by the Bersani decrees in the XNUMXs on file and will they bring the mayors' licenses back into vogue? The problem is open
Export: Covid makes Italy lose 3 years
According to the latest ICE Foreign Trade Report, our country's exports will return to 2019 levels only in 2022 - a 12% drop is forecast for this year
2020 sales postponed to August 1st, but discounts already from July
Almost all the Regions have decided to postpone the sales due to the coronavirus, but there are discounts and promotions just around the corner: here's everything you need to know
May 4, shops and businesses: what reopens? The complete list
From 4 May 2,7 million citizens will return to work - In the decree of 26 April the complete list of shops, businesses and services that have already opened and will reopen on Monday - Let's summarize
Merchants and SMEs: 10 billion non-repayable grants for rents and bills
In the April decree, which will be approved next week, the government also intends to include a maxi indemnity to help micro-enterprises bear the fixed costs of April and May
Coronavirus, borders closed in Germany: goodbye Schengen
Germany reconsiders and blocks the movement of people on the borders with Switzerland, Austria, Luxembourg, France and Denmark - Austria, Switzerland, Poland, the Czech Republic and Portugal since yesterday - The Schengen treaty is…
E-commerce, boom in Italy: +18,4% in 2019
According to the latest Istat estimates, last year the growth of Italian e-commerce accelerated compared to 2018 - against a mediocre growth in retail trade - Strong surge in December
Brexit, Johnson goes to clash with the EU on trade
The UK wants a free trade deal, but is unwilling to align with EU standards. This is the summary of Johnson's words during the presentation of the draft mandate for the negotiations - Phase two part…
Blockchain: for export it is an opportunity
Technological innovation is an increasingly essential factor: if 8,7% of companies with more than 10 employees use robots, skepticism about the actual advantages and potential of data acquisition and interpretation remains widespread in the agri-food sector
Duties, US-China agreement: more unknowns than solutions
While the US trade deficit increases and China's growth slows down, Trump has reopened the negotiating table, without however touching one of the points of greatest tension: the subsidies provided by Beijing to encourage exports
In the world, there is an air of industry restarting
China and the US lead the recovery in manufacturing, while its recession in the Eurozone deepens. Where the German car crisis weighs like a ton. In the United States, profits and investments are stagnating, but employment and consumption are doing well
Italy-China: all the numbers of the exchanges with the Dragon
Italy is in the front row among the countries that adhere to the "Silk Road" initiative and for years now it has seen the intensification of commercial relations (but not only) with the Asian giant: here are all the data
Duties: damages of 360 million for Made in Italy exports
Italy is hit in the agri-food sector with ad valorem duties of 25% on a rather limited category of products (0,8% exported to the USA): the most affected are dairy products, for a value of 260 million, followed by spirits…
Global Economic Outlook: growth slows down, what happens to Italian exports?
Trade is under strong pressure due to the escalation of tariffs, the slowdown in Chinese GDP and the volatility of oil - Insolvencies (+2%) and corporate debt will continue to grow, while Made in Italy exports are holding up for now
E-commerce: Businesses selling online tripled since 2009
According to data from the Chambers of Commerce, companies operating in internet retail sales exceeded the mark of 20 units at the end of 2018 - Since 2009 they have grown by 24% per year - In the same period, however, the entire…
Door-to-door sales, an increasingly feminine business
Door-to-door salesmen are mostly women and now exceed 159 - With this activity they supplement the family budget - Here is their sketch
Brexit and trade: without an agreement there will be a boom in insolvencies
According to an analysis by Atradius, in Italy and France the increase would be 0,5%, while Spain and Germany risk more - For the United Kingdom, a no-deal Brexit would be a commercial catastrophe, with +14% insolvencies in the two-year period…
Shops closed on Sundays: rules, exceptions and government news
Lega and M5s have found a compromise between the more liberal line of the former and the more extremist line of the latter - Shops closed every other Sunday and on 12 public holidays - Exceptions are foreseen for neighborhood shops…
Intesa Sanpaolo, zero POS commissions below 15 euros
The bank has signed an agreement with FIPE (Italian Federation of Public Establishments) in favor of over 100.000 member companies, which operate in the catering, entertainment and tourism sectors.
Shops closed on Sunday, especially the large-scale distribution is at risk
The Sunday-closing 5 Star proposal comes at a delicate moment for the sector: according to Mediobanca data, the turnover of commercial chains is growing, but with the return on capital at its lowest, especially due to…
Trade: US, China and Fed hold back global growth to 3%
Even before the G20, the Atradius Outlook underlined the increased downside risks for trade and investment, primarily due to the US-China trade escalation, followed by the proliferation of populism, the Chinese slowdown and the end of the expansionary policy of the banks…
Trade: US-China protectionism does not stop data and services
As a SACE report demonstrates, tariff escalation translates into a negative-sum game and the EU will pay the price - Meanwhile, the markets are increasingly interconnected, with the growing tertiary sector acting as…
Shops and opening hours: "Sunday opening increases jobs"
This is supported by an estimate by the Parliamentary Budget Office on the liberalizations implemented in the last 20 years by OECD countries - Pisauro, president of the UPB: "The Salva Italia of 2011 produced a stronger expansive effect on employment than the associated average…
ECB: "Tariffs serious risk for world trade"
"If all announced measures are implemented, the average level of trade tariffs imposed by the United States would reach values not seen in the last 50 years," the ECB wrote in today's bulletin.
US duties: from 23 August new tariffs on Chinese goods for 16 billion
China has already said it will respond with equivalent countermeasures as it did on July 6 by targeting various Made in the USA products - Meanwhile a new offensive is being studied in Washington
Conte collects Trump's ok on Libya but gives in on Tap and Russia
The Premier, on a visit to Washington, receives the applause of the White House on migrants: "Italy an example for Europe". Ok on the three issues that are of interest to Italy: Conference on Libya, permanent control room between the US and Italy for the Mediterranean, interests ...
Trump-Juncker, there is an agreement: "Trade truce between the US and the EU"
The American President speaks of a "new phase in trade relations between the US and Europe: the goal is zero tariffs" - Juncker satisfied, who succeeded where Merkel and Macron had failed - The Washington-Brussels agreement, however, does not include the sector…
US duties, the EU takes its revenge: tariffs raised on jeans, motorcycles and more
European tariffs are triggered today on a series of American products, from Levi's jeans to Harley Davidsons, passing through bourbon and peanut butter - This is in retaliation for the tariff increase decided by Washington on imports from Europe…
Commerce Ceta, now the government opens the front on Canada
Minister Centinaio announces that the government will invite Parliament not to ratify the free trade agreement with Canada. I applaud Coldiretti but Europe is worried: without Italy the painfully reached agreement that abolishes 98% of duties for goods…
China changes course on trade and cuts tariffs on luxury goods
From July 1, Beijing will halve the duties on fashion, clothing and furniture. This is where the greatest growth prospects for the luxury sector will come from. Duties on cars are also down. And 234 companies - from banking giants to oil -…
US duties at the start: the EU reacts to Trump's slap
The new US tariffs on steel (1%) and aluminum (25%) imported from the EU take effect on Friday 10 June - The reaction from Brussels was immediate, which on 20 June could trigger a reprisal plan against some symbolic products …
Shops and supermarkets open or not on May XNUMXst? The battle continues
According to Federdistribuzione, 49% of Italian stores will be open, but the unions announce strikes - Confesercenti: "Deregulation has only succeeded in shifting market shares towards large-scale distribution" - Businesses: "Closing it would be enormous damage for…
Export, for Italy and Brazil the agri-food sector remains a guarantee
The sector continues to record a satisfactory performance with a stable credit risk: if in our country it is expected to grow by 2,4% thanks to the solid international reputation of Made in Italy, in Brazil the prospects are on the rise…
War of duties, China reacts: 128 US products at risk
Despite the collapse of the stock exchanges that continued in Tokyo and Shanghai, the tariff war between China and the USA continues - Beijing threatens tariffs on 128 products with rates of 15% and 25% - The agricultural sector is also targeted,…
Trump earthquake: US tariffs also on consumer electronics
FROM THE BLOG "LA CASA DI PAOLA" - Xiaomi and Lenovo products are at risk, but also Intel, Dell and Apple, which have numerous Asian manufacturers as suppliers of almost all of their digital jewels.
Made in Italy: worldwide success for kitchens, pots and pans
FROM THE BLOG LA CASA DI PAOLA - Italian products for the kitchen break through on all markets and exports soar - The next edition of Eurocucina will celebrate their triumph
Industrial districts: new records for exports and trade balance
INTESA SANPAOLO DISTRICT MONITOR (PDF ANNEX) - Some important commercial destinations are once again driving forces: among the traditional markets are France, Switzerland, Germany and the United States; among the new markets are China and Russia…
Export and credit: CIRR rates updated to 14 December
The reference commercial interest rates applicable to 14 December 2017 included have been published on the MiSE website.
Export and credit: CIRR rates updated to 14 November
The reference commercial interest rates applicable to and including 14 November 2017 have been published on the MiSE website.
The recovery rests more on domestic demand than on exports: why does Italy matter so much?
FOCUS BNL - Since the outbreak of the crisis, Italian imports of consumer goods have increased from 80 to over 110 billion euros - Between 2013 and 2017, exports increased by 15,5% and imports by almost…
Export and credit: CIRR rates updated to 14 October
The reference commercial interest rates applicable to 14 October 2017 included have been published on the MiSE website.
Made in Italy: improves trust in industry and services
According to MiSE data, Italy is the Eurozone country that recorded the greatest increase in the ESI index with a +3,6: wholesale trade of machinery, equipment and supplies is doing well (+4,7%) and ICT equipment (+ 4,1%).
Export and credit: CIRR rates updated to 14 September
The reference commercial interest rates applicable to 14 September 2017 included have been published on the MiSE website.
Alibaba boom, Wal-Mart double speed
The Chinese giant of online sales recorded record accounts in the second quarter, while the US Wal-Mart, the world's leading chain of stores by turnover, is struggling, recording slightly increased revenues but a negative profit.
Commerce, Amazon worries retail
In Italy, e-commerce has not yet exploded as in other countries (Germany is Amazon's first European market, with a turnover of over 14 billion), but its rise is starting to cause concern - Giuliano Noci (Polimi): "Always…