Imports to Italy rose 3.4 percent from a year earlier to EUR 37.29 billion in November of 2018, boosted by higher purchases of manufacturing products (2.9 percent), namely base metals and metal products (0.1 percent); computer and electronics (4.6 percent); machinery and appliances (1.4 percent) and textiles and clothing (4.8 percent). In addition, imports of mining and quarrying products rose 13.5 percent and products of waste treatment and rehabilitation activities advanced 1.9 percent. Increases were seen in purchases from China (24.2 percent); OPEC countries (12.6 percent); France (1.3 percent) and Belgium (8.3 percent). On the other hand, imports declined from the US (-9.1 percent); Germany (-1.2 percent); the Netherlands (-7.8 percent) and the UK (-13.5 percent). Imports in Italy averaged 23487.95 EUR Million from 1991 until 2018, reaching an all time high of 39932.08 EUR Million in October of 2018 and a record low of 5285.80 EUR Million in August of 1992.
Imports in Italy is expected to be 38700.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Imports in Italy to stand at 34400.00 in 12 months time. In the long-term, the Italy Imports is projected to trend around 37500.00 EUR Million in 2020, according to our econometric models.