Extra-Eu foreign trade

Istat presents preliminary data on Italy’s foreign trade with non-EU countries in July 2011. The results of the survey on total foreign trade in July 2011 will be disseminated on coming 16  September.

In July 2011, exports to non-EU countries increased by 7.6% and imports by 8.0% compared with the same month of the previous year. The trade balance showed a deficit of 315 million euro (Table 1) compared with a 232 million euro deficit in the same month of  2010.

In July 2011, in seasonally-adjusted terms, exports increased by 2.3% and imports decreased by 0.4% compared with June 2011. Over the last three months, seasonally-adjusted data showed a 2.1% increase in outgoing flows and a 3.2% decrease in incoming flows in comparison with the previous three months.

In the period January-July 2011 exports to non-EU countries increased by 16.7% and imports by 22.2% compared with the same period of 2010. The trade balance registered a deficit of 18,115 million euro compared to the deficit of 11,162 million euro in the same period of 2010. Excluding energy, the trade balance presented a surplus of 17,363 million euro (Table 3) compared with a 18,277 million euro surplus in January- July 2010.