3.5% growth in exports towed by shipbuilding and pharmaceuticals. Positive rebound despite the drop in the USA. Well Germany, Spain and Switzerland.
It returns to grow Italian exports with a balance that returns positive. In February exports grew at the situation of 3.5%. More than +1.7% of imports. After the slight deficit of January (-288 million euros) therefore The commercial balance returns positiveat +4,466 million euros. The monthly report of theIstat On foreign commerce and import prices, it talks about an export that moves pulled above all by shipbuilding and pharmaceuticals.
EXPORT ITALIA-USA down in February, but not entirely
The most substantial increase in export compared to that of the importcococo is both the EU area (+3.7%) and the non-EU (+3.2%). The country to which the largest drop is recorded are the United States. Tricolor exports to the American market, in February, mark a 9.6%trend drop. Although, excluding naval shipbuilding (which had inflated the data in 2024) export beyond Ocean actually recorded a 6.9%increase. Given that it indicates a seal of the transatlantic commercial relationship. To give impetus to exports are mainly Germany (+14.5%), Spain (+21.1%), Switzerland (+17.3%) and the United Kingdom (+10.4%), and a double -digit trend also for exchanges with the Netherlands and the OPEC area, with +12.9%. Sales drop to Belgium, Türkiye and Austria, around ten percentage points.
Italian exports between sectors that tows and others that brake
To tow the resumption of exports, once again, is the naval shipbuildingthe protagonist of a leap in the instrumental assets sold abroad. But it is not the only one: on an annual basis, the Pharmaceutical sectors and means of transport (excluding vehicles), with growths of +31.2% and +9.6% respectively. Positive signs also come from the agri -food sector, which in the first two months of the year marks a +4.9% tendential. But the braking of historical sectors of the Italian industry: machinery (-4.1%), motor vehicles (-11.5%) and above all coke and refined oil products, down 25.8%on an annual basis.
Positive commercial balance, but dear energy weighs
The data show that the growth of exports, however, is not enough to replicate the surplus of a year ago. The commercial balance of February at almost 4500 million is far from 6 thousand million in the same month of a year ago. To affect is the Energy increase: import prices rise by 2.2% on an annual basis and 0.6% on a monthly basis, led by energy products that still welcome strongly on the foreign bill. The non -energetic balance, on the other hand, remains robust: the surplus stood at 9.466 billion euros, showing a slight flexion compared to the 9.749 billion last year.
A photography that therefore shows dynamism that, despite the shadows related to energy and difficulties in some key sectors, speaks of restart.
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