Foreign trade with non-EU countries

Data on Italy’s foreign trade with non-EU27 countries in October 2020 are preliminary. The results of the survey on total foreign trade in October 2020 will be disseminated on coming 15 December 2020.

In October 2020 exports to non-EU27 countries decreased by 10.0% and imports decreased by 12.4% compared with the same month of the previous year.

The trade balance showed a surplus of 7,085 million euro compared with a 7,450 million euro surplus in the same month of 2019.

In October 2020, in seasonally adjusted terms, exports decreased by 2.6% and imports increased by 1.7% compared with September 2020. Over the last three months, seasonally adjusted data showed a 16.1% increase in outgoing flows and a 10.9% increase in incoming flows in comparison with the previous three months.

In October 2020 excluding energy, the trade balance showed a surplus of 8,740 million euro compared to the surplus of 10,317 million euro of October 2019.

For the former non-EU28 area, which does not include the United Kingdom, in October 2020, exports decreased by 9.4% and imports decreased by 11.9% compared with the same month of the previous year. In seasonnally adjusted terms, exports decreased by 3.1% and import increased by 1.7% compared with September 2020. The trade balance showed a surplus of 5,764 million euro (there was a 5,962 million euro surplus in October 2019).