Money Buzz! Europa

Tag: italy export

  • Italian fashion retailers registered sales of USD 6 billion in China

    Italian fashion retailers registered sales of USD 6 billion in China

    Italian fashion retailers exported more than USD 6 billion worth of products to China in the first half of the year, according to data on the first half of the year published by Beijing ITA.

    Italian producers surpass, for the first time in history, French competitors on the Chinese market.

    In the first six months of 2021, Chinese imports from the world fashion market increased by 46%, and exports of Made in Italy products to China almost doubled (+ 96%).

    Italy reached a share of the Chinese fashion market of 12%, followed by French companies (11%).

    China also imports fashion products from Asian countries, with the largest markets being Japan (imports of $ 5.1 billion), Vietnam ($ 5 billion) and South Korea ($ 3.6 billion).

  • Italy in June 2020: exports increased by 14.9% and imports by 20.0%

    Italy in June 2020: exports increased by 14.9% and imports by 20.0%

    Istat latest data show that in June 2020, exports increased by 14.9% and imports increased by 20.0% compared with May 2020.

    Over the last three months, data showed a 28.1% decrease in outgoing flows and a 20.3% decrease in incoming flows in comparison with the previous three months.

    In June 2020 exports to non-EU27 countries decreased by 15.6% and imports decreased by 17.0% compared with the same month of the previous year.

    The trade balance showed a surplus of 4,436 million euro compared with a 4,994 million euro surplus in the same month of 2019.

    In June 2020 excluding energy, the trade balance showed a surplus of 6,015 million euro compared to the surplus of 8,299 million euro of June 2019.

    For the former non-EU28 area, which does not include the United Kingdom, in June 2020, exports decreased by 15.4% and imports decreased by 17.6% compared with the same month of the previous year.

    In seasonnally adjusted terms, exports increased by 15.4% and import increased by 18.5% compared with May 2020.

    The trade balance showed a surplus of 3,568 million euro (there was a 3,852 million euro surplus in June 2019).

  • Italian exports and imports decreased in April 2020

    Italian exports and imports decreased in April 2020

    In April 2020, compared to March 2020, exports fell for both EU countries (-32.7%) and non EU countries (-37.3%). Imports decreased by 22.8% for EU countries and by 12.5% for non EU countries.

    Over the last three months, seasonally-adjusted data, compared to the previous three months, dropped for both exports (-18.9%) and imports (-18.3%).

    In April 2020, compared with the same month of the previous year, both exports and imports fell (-41.6% and -33,7% respectively). Outgoing flows decreased by 39.4% for EU countries and by 44.0% for non EU countries. Incoming flows dropped by 34.6% for EU area and by 32.5% for non EU area.

    The trade balance in April 2020 amounted to -1,157 million Euros (-1,004 million Euros for EU area and -153 million Euros for non EU countries).

    In April 2020, import prices decreased by 2.7% on a monthly basis (-1.0% for the euro zone, -4.3% for the non-euro zone). Over the last three months, compared to the previous three months, import prices decreased by 4.3% (-0.6% for the euro zone and -7.6% for the non-euro zone).

    Import prices decreased by 8.0% in April 2020, compared to the same month a year ago (-1.8% for the euro zone and by -13.8% for the non-euro zone).

  • Italy exports and imports fell in March 2020

    Italy exports and imports fell in March 2020

    In March 2020, compared with the same month of the previous year, both exports and imports fell (-13.5% and -18,1% respectively), show latest Istat data.

    Outgoing flows decreased by -12.2% for EU countries and by -14.7% for non EU countries.

    Incoming flows dropped by -15.5% for EU area and by -21.7% for non EU area. The trade balance in March 2020 amounted to +5,685 million Euros (5,082 million Euros for non EU area and +603 million Euros for EU countries).

    In March 2020, import prices decreased by 3.1% on monthly basis (unchanged for the the euro zone, -5.9% for the non-euro zone). Over the last three months, compared to the previous three months, import prices decreased by 2.0% (-0.3% for the euro zone and -3.6% for the non-euro zone).

    Import prices decreased by 5.1% in March 2020, compared to the same month a year ago (-0.7% for the euro zone, -9.2% for the non-euro zone).