Foreign trade and import prices - July 2022

In July 2022 seasonally-adjusted data, compared to June 2022, increased by +4.1% for outgoing flows and by +3.4% for incoming flows. Exports raised by +2.6% for EU countries and by +5.7% for non EU countries. Imports grew by +1.6% for EU countries and by +5.0% for non EU countries.

Over the last three months, seasonally-adjusted data, compared to the previous three months, increased by +6.8% for exports and by +8.8% for imports.

In July 2022, compared with the same month of the previous year, both exports and imports grew (+18.0% and +44.0% respectively). Outgoing flows increased by +21.8% for EU countries and by +14.2% for non EU countries. Incoming flows rose by +21.3% for EU area and by +72.9% for non EU area. The trade balance in July 2022 amounted to -361 million Euros (+2,466 million Euros for EU countries and -2,828 million Euros for non EU countries).

In July 2022, import prices increased by 0.9% on monthly basis (+0.8% for the euro zone, +1.0% for the non-euro zone). Over the last three months, compared to the previous three months, import prices increased by 4.3% (+2.9% for the euro zone, +5.7% for the non-euro zone).

Import prices, compared to the same month a year ago, increased by 20.6% in July 2022 (+11.0% for the euro zone and +30.1% for the non-euro zone).