Itália Balança Comercial

Italy posted a trade surplus of €2.85 billion in September 2025, below market expectations of €3.2 billion, but widening from the €2.32 billion surplus in the same month a year earlier, as export growth outpaced imports. Exports increased by 10.5% year-on-year to €55.79 billion, supported by strong sales to both EU (+10.2%) and non-EU (+10.9%) markets. The sectors contributing most to the growth were pharmaceuticals, chemical-medicinal products, and botanicals (+39.4%), basic metals and fabricated metal products, excluding machinery and equipment (+19.0%), transportation equipment, excluding motor vehicles (+29.6%), machinery and equipment n.e.c. (+7.1%), and food, beverages, and tobacco (+6.9%). Among key trading partners, exports grew most to the US (+34.7%), followed by France (+19.5%) and Spain (+14.7%). Meanwhile, imports rose by 9.9% to €52.94 billion, with purchases from non-EU markets (+13.7%) rising more sharply than those from the EU (+7.2%).