Exports rose 6.8 percent year-on-year to EUR 42.73 billion from EUR 40 billion a year earlier, mainly boosted by higher sales of base metals and metal products, excluding machines and plants (+12.4 percent); machines and equipment (+7 percent); refined petroleum products (+41.6 percent) and transport equipment, excluding motor vehicles (+12.0 percent). These increases were partially offset by a decline in shipments of motor vehicles (-6 percent) and pharmaceutical, chemical-medicinal and botanical items (-2.8 percent).
Exports increased to both EU countries (+8.5 percent) and non-EU countries (+4.8 percent), namely to Germany (+9 percent); France (+11.9 percent); Spain (+8.7 percent) and Switzerland (14.4 percent).
Imports surged 10.8 percent year-on-year to EUR 37.06 billion from EUR 33.43 billion, mainly due to higher purchases of manufacturing products (+10.8 percent); transport equipment (+1.1 percent) and machinery (+11.4 percent).
Higher imports were recorded from EU countries (+6.2 percent) and non-EU countries (17.8 percent), namely Germany (11.7 percent); France (+9.4 percent); China (+7.3 percent) and OPEC countries (+24.5 percent).
Considering the first seven months of the year, sales rose 4.2 percent and imports 5 percent. The trade surplus reached EUR 24.73 billion.
Considering the period May to July, imports went up 3 percent and exports 1.2 percent, when compared to the previous three month period.