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Exports to US +41.2% in March, imports -9.5%

Exports to US +41.2% in March, imports -9.5%

Non-EU exports +2.9% mt-on-mt, +7.5% yr-on-yr

ROME, 02 May 2025, 11:33

ANSA English Desk

ANSACheck
- ALL RIGHTS RESERVED

- ALL RIGHTS RESERVED

In March 2025, exports from Italy to the United States recorded strong trend growth of 41.2%, Istat said in releasing data on extra-EU foreign trade Friday.
    Imports from the US fell by 9.5%, said the stats agency.
    Marked increases on an annual basis were also recorded for sales to Mercosur countries (+28.9%) and OPEC countries (+24.9%).
    Exports to Turkey (-31.3%) and China (-8.5%) decreased.
    As for imports, strong increases on an annual basis were recorded in purchases from Mercosur countries (+71.2%), China (+44.9%) and ASEAN countries (+25.6%).
    Imports from OPEC countries (-25.4%), India (-17.8%), the United States (-9.5%) and the United Kingdom (-9.2%) fell.
    In March 2025, trade with non-EU27 countries is estimated to show a quarterly increase in exports (+2.9%) and a reduction in imports (-1.1%).
    This was reported by Istat.
    On an annual basis, exports grew by 7.5% (it was -1.6% in February), while imports recorded a trend growth of 8.7%, mainly contributed by the increased purchases of consumer goods, durable (+33.6%) and non-durable (+32.4%).
    Overall in the first quarter, exports grew by 4.8% and imports recorded an increase of 5.3%.
   

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