Foreign trade with non-EU countries

Data on Italy’s foreign trade with non-EU27 countries in November 2020 are preliminary. The results of the survey on total foreign trade in November 2020 will be disseminated on coming 19 January 2021.

In November 2020 exports to non-EU27 countries increased by 1.4% and imports decreased by 6.8% compared with the same month of the previous year.

The trade balance showed a surplus of 6,677 million euro compared with a 5,432 million euro surplus in the same month of 2019.

In November 2020, in seasonally adjusted terms, exports increased by 2.7% and imports increased by 3.6% compared with October 2020. Over the last three months, seasonally adjusted data showed a 10.8% increase in outgoing flows and a 3.0% increase in incoming flows in comparison with the previous three months.

In November 2020 excluding energy, the trade balance showed a surplus of 8,148 million euro compared to the surplus of 8,238 million euro of November 2019.

For the former non-EU28 area, which does not include the United Kingdom, in November 2020, exports increased by 1.4% and imports decreased by 6.4% compared with the same month of the previous year. In seasonnally adjusted terms, exports increased by 3.1% and import increased by 3.3% compared with October 2020. The trade balance showed a surplus of 5,289 million euro (there was a 4,190 million euro surplus in November 2019).