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Foreign trade
Istat presents data on Italy’s foreign trade as well as unit value and volume indices (base year 2005=100) referring to October 2011. The results of the flash estimates on extra-EU trade for October 2011 has been disseminated on 21 November.
In October 2011 seasonally-adjusted data, compared to September 2011, showed a decrease of 3.2% for export and of 1.1% for imports. The decrease, for exports, was higher for non EU countries (-5.3%) than EU area (-1.4%). As regards imports a decrease was recorded for EU countries (-2.4%) despite to the increase recorded in non EU markets (+0.3%). Over the last three months, seasonally-adjusted data, in comparison with the previous three months, showed an increase of 0.7% for outgoing flows and a drop for incoming flows (-0.8%).
In October 2011, compared with the same month of the previous year, trade rose by 4.5% for exports (+1.6% for EU area and +8.2% for non EU countries) and reduced by 0.3% for imports (-2.3% for EU and +2.1% for non EU countries). The trade balance amounted to -1.1 billion Euro compared with -2.6 billion Euro registered in the same month of 2010.
In the first nine months of 2011, compared with the same period of the previous year, trade increased by 12.5% for exports (+10.2% for EU area and +15.7% for non EU countries) and by 11.7% for imports (+7.9% for EU and +16.4% for non EU countries). Trade balance showed a deficit of 24.2 billion Euro. It was 23.6 in the same period of 2010.