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- Italy's trade surplus increased in July
Italy's trade surplus increased in July
According to the report from Istat, in July 2021 seasonally-adjusted data, compared to June 2021, increased by +2.6% for outgoing flows and by +1.3% for incoming flows. Exports grew for non EU countries (+7.5%) and dropped for EU countries (-1.8%). Imports rose by +2.5% for non EU countries and by +0.5% for EU countries.
Over the last three months, seasonally-adjusted data, compared to the previous three months, increased by +3.1% for exports and by +4.9% for imports.
In July 2021, compared with the same month of the previous year, both exports and imports grew (+16.1% and +23.8% respectively). Outgoing flows increased by +14.9% for EU countries and by +17.4% for non EU countries. Incoming flows rose by +23.2% for EU area and by +24.4% for non EU area. The trade balance in July 2021 amounted to +8,762 million Euros (+1.914 million Euros for EU countries and +6,848 million Euros for non EU countries).
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