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Financial News: Italy Non-EU Trade Surplus Decreases

Italy Non-EU Trade Surplus Decreases

12/22/2021 - 06:59:00 (RTTNews)

(RTTNews) - Italy's non-EU trade surplus for November decreased from a year ago with the growth in imports out-pacing that in exports, preliminary data from the statistical office ISTAT showed Wednesday. The non-EU trade surplus declined to EUR 4.2 billion from EUR 6.6 billion in the same month last year. Excluding energy, the trade surplus was EUR 8.1 billion, largely unchanged from a year ago.

Exports to the 27 non-EU countries grew 13.3 percent year-on-year and imports surged 37.7 percent. On a seasonally adjusted basis, exports grew 2.9 percent from the previous month. Imports increased 0.6 percent.

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