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).

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