| Actual | Previous | Revised | |
|---|---|---|---|
| Level | €4.58B | €5.15B | €5.19B |
Highlights
The seasonally adjusted trade balance was in a €4.58 billion surplus in September, up from August's larger revised €5.19 billion surplus.
Exports to the European Union decreased 0.8 percent but increased 6.4 percent to non-EU countries, raising total exports 2.6 percent. Imports from the EU countries grew 1.3 percent and increased 8.1 percent from non-EU countries, putting total imports up 4.1 percent versus August.
The unadjusted year-over-year data showed total exports were up 10.5 percent and imports up 9.9 percent. Exports to EU countries increased 10.2 percent, while exports to non-EU markets increased 10.9 percent. Imports from the EU increased 7.2 percent, and imports from non-EU countries grew 13.7 percent. Meanwhile, the unadjusted trade balance was in a €2.85 billion surplus in September, up from €2.32 billion surplus in September 2024.
Trade with the US increased in September, with exports rising 34.7 percent compared to September 2024. Imports from the US rose 76.6 percent compared to September 2024 and the trade balance was €1.99 billion.
Lastly month-over-month, import prices decreased 0.2 percent and decreased 2.5 percent year-over-year.
Exports to the European Union decreased 0.8 percent but increased 6.4 percent to non-EU countries, raising total exports 2.6 percent. Imports from the EU countries grew 1.3 percent and increased 8.1 percent from non-EU countries, putting total imports up 4.1 percent versus August.
The unadjusted year-over-year data showed total exports were up 10.5 percent and imports up 9.9 percent. Exports to EU countries increased 10.2 percent, while exports to non-EU markets increased 10.9 percent. Imports from the EU increased 7.2 percent, and imports from non-EU countries grew 13.7 percent. Meanwhile, the unadjusted trade balance was in a €2.85 billion surplus in September, up from €2.32 billion surplus in September 2024.
Trade with the US increased in September, with exports rising 34.7 percent compared to September 2024. Imports from the US rose 76.6 percent compared to September 2024 and the trade balance was €1.99 billion.
Lastly month-over-month, import prices decreased 0.2 percent and decreased 2.5 percent year-over-year.
Definition
The merchandise trade balance measures the difference between imports and exports of goods. The level of the international trade balance, as well as changes in exports and imports, indicate trends in foreign trade and can offer a guide to an economy's competitiveness.
Description
Changes in the level of imports and exports, along with the difference between the two (the trade balance) are a valuable gauge of economic trends here and abroad. While these trade figures can directly impact all financial markets, they primarily affect currency values in foreign exchange markets.
Separate reports are published for external and internal EU trade. The extra-EU trade data are compiled on the basis of customs declarations with non-EU countries. The intra-EU trade data (Intrastat) are derived from surveys and provide statistics on trade between Italy and other EU member states. The data are available monthly. World trade data are available within one month after the reference month while intra-EU trade data are available within 7 weeks after the reference month.
Separate reports are published for external and internal EU trade. The extra-EU trade data are compiled on the basis of customs declarations with non-EU countries. The intra-EU trade data (Intrastat) are derived from surveys and provide statistics on trade between Italy and other EU member states. The data are available monthly. World trade data are available within one month after the reference month while intra-EU trade data are available within 7 weeks after the reference month.
