Italian non-EU trade balance narrows to €2B from €2.55B
Summary
Italy's non-EU trade balance has reported a surplus of €2.00 billion, a decline from the previous surplus of €2.55 billion. This trend reflects a continued narrowing in Italy's trade surplus, which had previously decreased from €3.84 billion. The recent data from Istat also indicated weaker exports and higher imports compared to the prior month, contributing to this adjustment in the trade balance.
Tokens
$MACRO
Analysis
Italian Trade Balance: The Italian trade balance measures the difference between Italy’s merchandise exports and imports, with separate releases covering trade with non-EU countries. The news reports that Italy’s preliminary non-EU trade surplus narrowed to €2.00 billion from €2.55 billion previously, indicating a weaker external balance in the latest release. Trade trend: Italy’s non-EU trade surplus had previously declined from an earlier reading of €3.84 billion to €2.55 billion, showing a recent narrowing trend in the surplus. Official data: Istat reported that Italy’s non-EU trade balance was a surplus of €2.55 billion in the preceding reference period, alongside weaker exports and higher imports relative to the prior month.
Categories
macropolitics
Related sources
- https://sigmanomics.com/it/balance-of-trade-non-eu
- https://www.istat.it/en/tag/trade-balance/
- https://www.istat.it/en/tag/trade/
- https://www.istat.it/en/statistical-themes/economy/external-trade/
- https://www.istat.it/en/documents/press-release/
- https://fr.investing.com/economic-calendar/italian-trade-balance-non-eu-953
- https://uk.investing.com/currencies/gbp-eur
- https://t.me/s/FinancialJuice?before=125485
- https://tradingeconomics.com/italy/balance-of-trade
- https://www.istat.it/en/tag/exports/
- https://za.investing.com/currencies/eur-sek
- https://jp.investing.com/economic-calendar/italian-trade-balance-non-eu-953
- https://www.cmegroup.com/education/events/econoday/640924
- https://www.moneycontrol.com/economic-calendar/italy-balance-of-trade/12516372
- https://ca.investing.com/currencies/eur-xof