Foreign Trade

Istat presents data on Italy’s foreign trade as well as unit value and volume indices (base year 2005=100) referring to July 2011. The results of the flash estimates on extra-EU trade for July 2011 has been disseminated on September 5^th.

• In July 2011 seasonally-adjusted data, compared to June 2011, presented an increase of 1% for export and 1.6% for imports. A more intensive increase, for exports, is recorded for non EU markets (+2.2%) compared to EU markets (+0.2%), while a decrease is recorded for imports from non EU countries (-0.4%) compared to the increase in EU markets (+3.4%). Over the last three months, seasonally-adjusted data, in comparison with the previous three months, showed an increase for outgoing flows (+0.7%) and a decrease for incoming flows (-2.3%).

• In July 2011, compared with the same month of the previous year, trade raised by 5.4% for exports (7.5% for non EU countries and 3.7% for EU area) and by 6.1% (+8% for non EU and 4.4% for EU countries) for imports. The trade balance amounts to +1.4 billion Euro (table 1) compared with +1.6 billion Euro registered in the same month of 2010.

• In the first seven months of 2011, compared with the same period of the previous year, trade increased by 14% for exports (+16.7% for non EU countries and +12.1% for EU area) and by 16.4% (+22.2% for non EU and +11.7% for EU countries) for imports. The trade balance showed a deficit of 20.7 billion Euro (table 1). It was 13.8 in the same period of 2010.