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).

- advertisment -