Italy's imports from non-EU27 nations up 26.8% YoY in Nov '22: Istat

Italy’s exports, in seasonally adjusted terms, increased by 8.3 per cent in November 2022, compared to October 2022. The country’s imports declined by 3.4 per cent month-on-month (MoM) in November 2022. During the September to November period in 2022, seasonally adjusted data, compared with the previous three months, showed a 2.6 per cent increase in outgoing flows and a 4 per cent decrease in incoming flows, as per Istat.

The trade balance with non-EU27 countries registered a surplus of €2,011 million in November 2022, compared to the surplus of €2,351 million in November 2021. Excluding energy, the surplus was equal to €10,679 million, up compared with a €8,072-million surplus in November 2021.

Fibre2Fashion News Desk (DP)