Foreign trade with non-EU countries

Data on Italy’s foreign trade with non-EU27 countries in December 2020 are preliminary. The results of the survey on total foreign trade in December 2020 will be disseminated on coming 16 February 2021.

In December 2020 exports to non-EU27 countries increased by 3.1% and imports decreased by 3.7% compared with the same month of the previous year.

The trade balance showed a surplus of 7,907 million euro compared with a 6,801 million euro surplus in the same month of 2019.

In December 2020, in seasonally adjusted terms, exports decreased by 4.6% and imports decreased by 1.3% compared with November 2020. Over the last three months, seasonally adjusted data, compared with the previous three months, showed a 4.0% rise in outgoing flows and a 3.1% increase in incoming flows.

In December 2020 excluding energy, the trade balance showed a surplus of 9,922 million euro compared to the surplus of 9,912 million euro of December 2019.

In 2020, compared with 2019, exports and imports to non-EU27 countries decreased, respectively, by 9.9% and by 15.3%.

In 2020 the trade balance with non-EU27 countries registered a surplus of 57,036 million euro compared to the surplus of 52,339 million euro in 2019; excluding energy, the surplus was equal to 79,542 million euro, down compared with a 90,427 million euro surplus in 2019.

For the former non-EU28 area, which does not include the United Kingdom, in December 2020, exports increased by 3.3% and imports decreased by 3.7% compared with December 2019. In seasonnally adjusted terms, exports decreased by 3.9% and import decreased by 0.8% compared with November 2020. The trade balance showed a surplus of 6,767 million euro (there was a 5,721 million euro surplus in December 2019).