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Italy Posts Year-On-Year Trade Surplus Of €5bn In December 2019

Published on Feb 14 2020 10:20 AM in Supply Chain tagged: Italy / exports / Istat / December 2019

Italy Posts Year-On-Year Trade Surplus Of €5bn In December 2019

Italy posted a trade surplus with the rest of the world of €5.013 billion ($5.44 billion) in December, compared with €2.786 billion in the same month in 2018, data showed on Friday.

Exports rose 4.2% year-on-year, while imports declined 2.2%, national statistics office ISTAT reported.

With European Union countries, Italy registered a December trade deficit of €748 million, compared with €1.319 billion in December 2018.

Exports to EU nations in December were up 3.4% year-on-year, while imports increased 0.3%.

In 2019, Italy posted a global trade surplus of 52.940 billion euros compared with €39.280 billion in 2018.

News by Reuters, additional reporting by ESM. Click subscribe to sign up to ESM: European Supermarket Magazine.

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