Exports in Italy increased to 32982.54 EUR Million in February of 2015 from 28814 EUR Million in January of 2015. Exports in Italy averaged 22518.43 EUR Million from 1991 until 2015, reaching an all time high of 38616 EUR Million in July of 2014 and a record low of 5946.40 EUR Million in August of 1991. Exports in Italy is reported by the National Institute of Statistics (ISTAT).
Since 2010 Italian exports has been steady rising. In 2014, it has reached EUR 398 Billion, up 2 percent from the previous year, boosted by increase in sales to the European Union (+3.7 percent) and the United States (+10.2 percent). Italy exports mostly: machinery and equipment (18.3 percent of total exports); metals and metal products (11.7 percent); textiles and clothing (11.5 percent); transport (9.5 percent); and food, beverages and tobacco. In 2014, main export partners were: Germany (12.4 percent), France (11 percent), the United States (7 percent), Switzerland (5.2 percent) and the United Kingdom (5 percent). This page provides - Italy Exports - actual values, historical data, forecast, chart, statistics, economic calendar and news. Content for - Italy Exports - was last refreshed on Thursday, May 14, 2015.
Italian Vice Minister for Economic Development, Carlo Calenda, is in no doubt. The export of Made in Italy products is growing, and in 2015 could even reach +5%. This is all good news for the best of Made in Italy products, as well as business people, awarded during the 20th annual edition of the Leonardo Prizes, which recognises industry leaders who have been able to promote a positive image of Italian manufacturing abroad. The ceremony took place on 27 April at the Quirinal Palace, the official residence of Italian Presidente della Republica, Sergio Mattarella.
Luisa Todini, president of the Leonardo's award committee, said during her opening speech that the increase in Made in Italy exports is the direct result of the commitment of Italian manufacturers, who were able to invest and innovate during the darkest year of the economic crisis. Ms Todini added that Italian producers were aiming for quality and excellence, with special care afforded to the local economy and to the environment. Food and beverage represent some of the top products for Italian exportation and will strongly benefit from this enforce in the trend.
According to the latest report from ISMEA (Istituto di servizi per il mercato agricolo alimentare), cheese and dairy products are the strongest export performer, achieving a new record of 331,000 tons shipped over borders, for a total worth of €2.2 billion in 2014.
These means another net 5% more than 2013, a trend that mirrors the rise of Italian wines in northern European markets.
More and more destinations are buying Italian cheese with some robust markets like UK for Parmesan, Netherland and UK for Gorgonzola, and Germany and France for fresh cheese.
These backups balance some decrease in imports, for example from Russia (-45% compared to 2013) after the Ukranian crisis, or some parts of the US as a result of euro strength last year.
East Europe is also becoming one of the most important markets for Italian cheese, with Romania on top (+22,5%) followed by Poland (+18,5%) and Czech Republic (+9,1%).
But Italian products not only increasing their presence throughout Europe. There is some encouraging demand from China (+41%) and Korea (+26%), in addition to the United Arab Emirates (+28%). These are still small markets at the moment, but demand has risen significantly in the recent months.