Compared to the previous month, in July 2017 there was a decrease in exports (-1.4%) and growth in imports (+ 0.9%).
The economic downturn in exports involves both the extra EU markets (-1.8%) and, to a lesser extent, the EU area (-1.1%). All major industry groupings are declining, with the exception of consumer goods (+ 0.6%).
In the May-July 2017 quarter, exports were steady, reflecting a rise in sales of the EU area (+ 0.7%) and a fall in non-EU sales (-0, 8%). In the same period, imports saw growth (+ 1.0%).
In July 2017, the trend of export growth remained positive (+ 5.1%), covering both the EU area (+ 6.2%) and the extra EU (+ 3.8%); the increase in imports (+ 10.5%) is due to strong purchasing dynamics from both outlet areas (+ 12.1% for the EU area and + 8.2% for the extra EU area ).
Among the sectors that contribute more to growth in exports, pharmaceuticals, chemical-medicinal and botanical items (+ 22.8%), motor vehicles (+ 14.0%), chemicals and chemicals (+7, 9%), foodstuffs, beverages and tobacco (+ 7.6%), products from other manufacturing (+ 5.7%) and machinery and equipment (+ 5.4%).
Compared to the main outlet markets, the marked growth in exports to the United States (+ 9.9%) and United Kingdom (+ 7.9%) was noted .
In July 2017 the trade surplus was 6.6 billion (+7.8 billion in July 2016).
In the first seven months of the year, the trade surplus reached 25.6 billion (+45.3 billion net of energy products), with both export (+ 7.6%) and import growth ( + 11.2%) compared to the same period of the previous year.
In July 2017, the index of import prices of industrial products decreased by 0.3% on the previous month and increased by 1.8% compared with July 2016.
Source:-Giornaledellepmi.it
