Foreign trade and import prices

In July 2021 seasonally-adjusted data, compared to June 2021, increased by +2.6% for outgoing flows and by +1.3% for incoming flows. Exports grew for non EU countries (+7.5%) and dropped for EU countries (-1.8%). Imports rose by +2.5% for non EU countries and by +0.5% for EU countries.

Over the last three months, seasonally-adjusted data, compared to the previous three months, increased by +3.1% for exports and by +4.9% for imports.

In July 2021, compared with the same month of the previous year, both exports and imports grew (+16.1% and +23.8% respectively). Outgoing flows increased by +14.9% for EU countries and by +17.4% for non EU countries. Incoming flows rose by +23.2% for EU area and by +24.4% for non EU area. The trade balance in July 2021 amounted to +8,762 million Euros (+1.914 million Euros for EU countries and +6,848 million Euros for non EU countries).

In July 2021, import prices increased by 1.2% on monthly basis (+0.6% for the euro zone, +1.8% for the non-euro zone). Over the last three months, compared to the previous three months, import prices increased by 3.3% (+2.8% for the euro zone, +3.8% for the non-euro zone).

Import prices, compared to the same month a year ago, increased by 10.5% in July 2021 (+7.0% for the euro zone, +14.1% for the non-euro zone).