17/9/2011 00:00:00
According to Istat, in July 2011 there are economic gains for both streams: +1.6% and +1% for imports and exports. The increase is entirely due to the increase in imports of EU procurement markets (+3.4%), while sales growth is largely attributable to the positive trend to markets outside the EU (+2.2%) . Over the last three months, confirming the economic growth in exports (+0.7%), with a wider variation in extra-EU markets (+2.1%). Negative is the conjuncture change in imports, amounting to -2.3%. In trend terms there are increases of 6.1% for imports and 5.4% for exports. On the markets outside the EU the increase of the flows almost doubled (+8% imports and +7.5% exports) compared to the EU market (+4.4% imports and +3.7% exports). In the first seven months of 2011 compared to the same period in 2010, growth stood at 16.4% for purchases and 14% for sales, with more substantial changes for non-EU markets: +22.2% for imports and +16.7% for exports. The trend growth of the average unit values recorded in July was 8.2% for imports and 6% for export. Import and exports volumes were down (-1.9% and -0.6% respectively). In the first seven months, the growth of export volume (+5.9%) remains higher than that of import volumes (+4.3%). In July the trade surplus amounted to 1.4 billion euro (1.6 billion in July 2010). In the first seven months of the year the deficit amounted to 20.7 billion euro, well above that of 2010 (-13.8 billion). During the same period, the non-energy balance is positive (+16.9 billion) and increasing over 2010. In July, the most dynamic groupings are import of energy products (+19.9%) and intermediate products (+7.2% export; +6.2% import). Followed by exports of capital goods (+6.3%). Down the exchange of durable consumer goods (-11.7% import; -2.5% export-). The export growth in July was driven by sales of basic metals and fabricated metal products to Germany and Switzerland, and machinery and equipment to the United States and Germany. The increase in imports is determined primarily by the purchasing of oil and gas from Russia, refined petroleum products from the United States and Russia and metals from Turkey.
