Italie Balance Commerciale

Italy posted a trade surplus of €7.9 billion in July 2025, up from €6.8 billion a year earlier, above the expected €5.5 billion, as exports rose faster than imports. Exports grew 7.3% year-on-year to €61.6 billion, driven by higher sales to non-EU (+9.9%) and EU (+4.8%) markets. Strong gains came from transportation equipment excluding motor vehicles (+45.6%), pharmaceuticals (+28.5%), base metals (+7.0%), and food, beverages & tobacco (+6.1%). By destination, shipments rose sharply to the US (+24.1%), ASEAN (+37.4%), Spain (+13.8%), UK (+9.0%), France (+4.7%), Switzerland (+9.5%), and Poland (+12.5%), while declines were recorded for the Netherlands (-7.8%), China (-4.0%), and Turkey (-2.5%). Meanwhile, imports increased 6.1%, with non-EU purchases surging 13.1% versus a modest 0.8% rise from the EU. Over January–July 2025, exports rose 2.9% while imports advanced 4.8%, narrowing the trade surplus to €30.7 billion from €36.0 billion last year.