Data on Italy’s foreign trade with non-EU27 countries in May 2020 are preliminary. The results of the survey on total foreign trade in May 2020 will be disseminated on coming 16 July 2020.
In May 2020 exports to non-EU27 countries decreased by 31.0% and imports decreased by 37.9% compared with the same month of the previous year.
The trade balance showed a surplus of 4.149 million euro compared with a 4,334 million euro surplus in the same month of 2019.
In May 2020, in seasonally adjusted terms, exports increased by 37.6% and imports decreased by 2.4% compared with April 2020. Over the last three months, seasonally adjusted data showed a 31.5% decrease in outgoing flows and a 26.9% decrease in incoming flows in comparison with the previous three months.
In May 2020 excluding energy, the trade balance showed a surplus of 5,230 million euro compared to the surplus of 7,806 million euro of May 2019.
For the former non-EU28 area, which does not include the United Kingdom, in May 2020, exports decreased by 31.0% and imports decreased by 37.7% compared with the same month of the previous year. In seasonnally adjusted terms, exports increased by 38.1% and import reduced by 2.5% compared with April 2020. The trade balance showed a surplus of 3.183 million euro (there was a 3,099 million euro surplus in May 2019).