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Press release

Foreign trade and import prices

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In December 2020 seasonally-adjusted data, compared to November 2020, dropped by -3.8% for outgoing flows and by -1.1% for incoming flows. Exports decreased for both EU countries (-3.7%) and non EU countries (-3.9%). Imports fell by -1.1% for both EU countries and non EU countries.

Over the last three months, seasonally-adjusted data, compared to the previous three months, increased by +3.3% for exports and by +4.3% for imports.

In December 2020, compared with the same month of the previous year, exports rose (+3.3%) while imports fell (-1.7%). Outgoing flows grew by +2.4% for EU countries and by +4.1% for non EU countries. Incoming flows dropped by -0.6% for EU area and by -3.2% for non EU area. The trade balance in December 2020 amounted to +6,844 million Euros (-1,197 million Euros for EU countries and +8,041 million Euros for non EU countries).

In the year 2020, compared to 2019, outgoing flows fell by -9.7% (-9.7% for EU countries and -9.8% for non EU countries) and incoming flows decreased by -12.8% (-10.9% for EU countries and -15.2% for non EU countries).

In 2020 the trade balance registered a surplus of 63,577 million euro compared to the surplus of 56,116 million euro the year earlier; excluding energy, the surplus was equal to 86,125 million euro compared with a 94,288 million euro surplus in 2019.

In December 2020, import prices increased by 0.7% on monthly basis (+0.4% for the euro zone, +1.1% for the non-euro zone). Over the last three months, compared to the previous three months, import prices increased by 1.3% (+0.8% for the euro zone, +1.8% for the non-euro zone).

In December 2020, compared with December 2019, import prices decreased by 4.4% (-0.3% for the euro zone and -8.2% for the non-euro zone). In 2020, compared with 2019, they declined by 5.1% (-1.3% for the euro zone, -8.6% for the non-euro zone).

Reference period: December 2020

Date of Issue: 16 February 2021

Next release: 18 March 2021

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The documents published before 17 March, 2016 are available in the archives of Foreign trade and Industrial import prices