The Italian commercial surplus in trade with non-EU countries amounted to 37,1 billion euros in the first 11 months of 2014. This is reported by the data released by Eurostat, according to which our country ranks third among the countries of the European Union in the ranking of trade surpluses.
The largest exporter is confirmed by Germany, which confirmed a positive balance of 201 billion, followed by Holland with 57,5 billion and then by Italy. The largest deficit, however, is that of Great Britain with 121 billion, followed by France with a deficit of 67,5 billion and then Spain with -23 billion.
The trade balance of the Eurozone is improving, reaching a record surplus of 2014 billion in 195, compared to 152 billion in 2013. In the month of December alone, the foreign trade balance was positive by 24,3 billion compared to 13,6 billion in December 2013.
On the other hand, the drop in trade with Russia weighs heavily on the balance sheet of the 28-state Europe, also due to the sanctions implemented in the summer. In the first 11 months of the year, EU exports fell by 13% to 96 billion while imports from Russia fell by 10% to 170 billion with a trade deficit for the EU improving from 78 to 73 billion.
