Italy Trade Surplus Narrows in June

2026-08-11 08:16 By Larissa Caser 1 min. read

Italy's trade surplus narrowed to €4.23 billion in June 2026 from €5.38 billion in June 2025, missing market expectations of €4.74 billion.

Imports surged 13.2% year-on-year to €55.5 billion, led by manufacturing (12.1%), with sharp gains in basic metals and fabricated products excluding machinery (+32.2%), transport equipment (10.1%), and chemicals (10.5%).

Purchases rose most for non-EU countries (18.7%), while EU countries rose 9.1%, led by Germany (14.1%).

Meanwhile, exports rose 9.8% to €59.8 billion, with growth across most sectors, led by coke and refined petroleum products (45.1%), base metals and fabricated metal products (25.8%), motor vehicles (17.0%) and transport equipment excluding motor vehicles (13.3%).

Shipments rose most to Germany (22.9%), followed by the Netherlands (22.4%) and France (6.8%), while shipments to the UK fell 8.5%.

For the first half of 2026, the trade surplus rose to €24.5 billion from €22.8 billion a year earlier.



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Italy Trade Surplus Narrows in June
Italy's trade surplus narrowed to €4.23 billion in June 2026 from €5.38 billion in June 2025, missing market expectations of €4.74 billion. Imports surged 13.2% year-on-year to €55.5 billion, led by manufacturing (12.1%), with sharp gains in basic metals and fabricated products excluding machinery (+32.2%), transport equipment (10.1%), and chemicals (10.5%). Purchases rose most for non-EU countries (18.7%), while EU countries rose 9.1%, led by Germany (14.1%). Meanwhile, exports rose 9.8% to €59.8 billion, with growth across most sectors, led by coke and refined petroleum products (45.1%), base metals and fabricated metal products (25.8%), motor vehicles (17.0%) and transport equipment excluding motor vehicles (13.3%). Shipments rose most to Germany (22.9%), followed by the Netherlands (22.4%) and France (6.8%), while shipments to the UK fell 8.5%. For the first half of 2026, the trade surplus rose to €24.5 billion from €22.8 billion a year earlier.
2026-08-11
Italy Trade Surplus Narrows in May
Italy's trade surplus narrowed to €4.8 billion in May 2026 from €6.1 billion a year earlier, though it exceeded market expectations of a €4.5 billion surplus. Exports rose 4.1% year-on-year to €57.4 billion, driven by base metals and metal products, excluding machinery and equipment (26.2%), coke and refined petroleum products (62.0%), transportation equipment, excluding motor vehicles (20.6%), and motor vehicles (13.9%). In contrast, exports of pharmaceutical, chemical-medicinal, and botanical products fell 9.7%. Switzerland remained the largest destination (57.9%), followed by China (24.2%) and the Netherlands (8.6%). Meanwhile, imports increased at a faste pace of 7.3% to €51.6 billion, mainly due to a surge in purchases of crude oil and refined petroleum products, while declines in other goods limited overall growth. Purchases from non-EU markets far outpaced those from EU markets, at 15.5% and 1.3%, respectively.
2026-07-16
Italy Trade Surplus Widens in April
Italy’s trade surplus widened to €4.3 billion in April 2026 from €2.4 billion in the same month a year earlier, although it fell short of market forecasts for a €5.19 billion surplus. Exports increased by 8.8% year-on-year to €57.6 billion, with most sectors contributing to the growth, notably basic metals and fabricated metal products, excluding machinery and equipment (32.9%), coke and refined petroleum products (52.0%), machinery and equipment not classified elsewhere (6.3%), chemical substances and products (10.5%), motor vehicles (16.1%), and electrical equipment (10.4%). Switzerland remained Italy’s largest export market (39.4%), followed by the US (12.1%), China (36.2%), France (7.6%), and Germany (5.0%). Meanwhile, imports rose by 5.5% to €53.3 billion, primarily due to increased purchases of metals and crude oil. Imports from EU and non-EU countries grew by 5.2% and 5.9%, respectively.
2026-06-15